Thursday, November 1, 2007

Emirates get an early whiff of a Western bugbear – energy shortage

Inflation is going to get another push ...

"The Emirates have an energy problem." Well, this is old news really and was always expected. See also: BP offers Abu Dhabi green solution to chronic gas shortages Add to this (i) the falling dollar, with (ii) interest rate cuts, and (iii) the suggestion that the Petro-Dollar may separate from the USA dollar, and everything gets more interesting.

Posted by fahrenheit451 @ 10:59 AM (724 views)
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