Blog Flux Directory Subscribe in NewsGator Online Subscribe with Bloglines http://www.wikio.com Blog directory
And, yes, I DO take it personally: Oil - record high... Dollar - record low...
Mandy: Great blog!
Mark: Thanks to all the contributors on this blog. When I want to get information on the events that really matter, I come here.
Penny: I'm glad I found your blog (from a comment on Think Progress), it's comprehensive and very insightful.
Eric: Nice site....I enjoyed it and will be back.
nora kelly: I enjoy your site. Keep it up! I particularly like your insights on Latin America.
Alison: Loquacious as ever with a touch of elegance -- & right on target as usual!
"Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it."
- Noam Chomsky
Send tips and other comments to: profmarcus2010@yahoo.com /* ---- overrides for post page ---- */ .post { padding: 0; border: none; }

Wednesday, February 27, 2008

Oil - record high... Dollar - record low...

the perfect storm...

both...

Oil prices strike record high 102.08 dollars

Crude oil prices surged to a record above 102 dollars per barrel on Wednesday, energised by the weak US dollar and concerns that OPEC could cut output next week, analysts said.

and...

Dollar plunges to fresh record euro low


The dollar plunged to another record low against the European single currency on Wednesday as a stream of negative US data undermined the greenback, analysts said.

In morning deals, the euro surged as high as 1.5088 dollars, after smashing through the 1.50 barrier for the first ever time in US trade on Tuesday.

so stop stalling... let's have the collapse already...

Labels: , , , , , , ,

Submit To Propeller


And, yes, I DO take it personally home page