Saudi Arabia Refuses to Increase Oil Production

I guess this comes as no surprise. Why should they? They’re reaping incredible financial rewards and this only stands to go ever higher. Well, hey it is capitalism at its best – or worst – depending on how you look at it. We pay what the market will bear, right? "Saudi Arabian leaders made clear [...]

Food Riots Continue….in Somalia

As reported by the Associated Press, skyrocketing food prices, stoked by rising fuel prices, unpredictable weather and growing demand from India and China’s burgeoning middle classes, have sparked sometimes violent protests in the Caribbean, Africa and Asia in recent months. "Skyrocketing food prices, stoked by rising fuel prices" First and foremost – Rising Fuel Prices.  [...]