Community | March 31, 2011 | 0 comments

Libya Uprising Hits West’s Dinner Tables

source: http://simbarusseau.com/libya-uprising-hits-wests-dinner-tables/

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Linkages between the Libyan uprising and shelling out more money than usual at a local market in the West may not at first seem apparent but the common denominator is oil. Muammar Gaddafi’s grip on power is not the sole interest of the international community. It is also the intense pressure on global food prices due to oil price inflation, which has skyrocketed to 108 U.S. dollar per barrel and could hit record levels of 147 dollar, a peak unseen since the July 2008 financial crash.

http://simbarusseau.com/libya-uprising-hits-wests-dinner-tables/
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    Food,  Oil,  Middle East,  Libya,  7 more
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