You may have seen the headlines about riots in Lebanon in recent days. They can be easy to gloss over. We’re used to riots in the Middle East.
These riots, however are not about Hezbollah or Israel - they’re about electricity. Five people died protesting that their power was cut off.
Surely, if Lebanon [...]
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Victims of Oil
The shop around the corner raised the price of sandwiches by a quarter this week. Although the housing meltdown is raising concerns that it may take the whole American economy down with it, prices are going up and the reason is the cost of oil.
Oil, and therefore gas, prices remain at near-record levels. [...]