Falling energy prices won't defuse rising risk of civil unrest in emerging markets
Business
(Refiles story to fix format, no change to text) By Colleen Goko JOHANNESBURG, June 26 : A drop in oil prices after a fragile U.S.-Iran truce has helped ease immediate inflationary pressure in many emerging markets, but cheaper oil alone will not defuse the threat of civil unrest as the damage to household finances has already been done, analysts say. Countries from Kenya to Indonesia and Bolivia have seen protests in recent weeks linked to energy price hikes and the rising cost of living. CNA
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