Saturday, August 31, 2013
Trouble in Syria and Egypt cause oil price spike and trouble in capital markets
Ateneo Professor on Entrepreneurship
From fox news video
We expect more spikes in prices of oil products in coming days because of concern on security issues in the Middle east, namely: Egypt and Syria. The planned air strikes vs Syria because of the use of chemical weapons and the military action vs protesters in Egypt have caused peace and order concern.
Let us remind our motorists and driver that it is not the government and oil companies that cause oil price hike; it is the uncertain supply but the local government is unable to control nor regulate the crude oil price in the world market. Perhaps, our kababayan would be smart to believe that and not be misled by the propagandists who say otherwise and continue to cause local troubles. <as strikes, transport stoppages> that does nothing at all
Could there be civil war in Syria?
Could the air strike lead into a world war? Why did UK back out in supporting US in air strike? Why is Russia (Syria's ally) against punitive action vs Syria
Could the trouble in Egypt escalate into a bigger problem?
What is the effect of these troubles to the world economy?
From fox news video
We expect more spikes in prices of oil products in coming days because of concern on security issues in the Middle east, namely: Egypt and Syria. The planned air strikes vs Syria because of the use of chemical weapons and the military action vs protesters in Egypt have caused peace and order concern.
Let us remind our motorists and driver that it is not the government and oil companies that cause oil price hike; it is the uncertain supply but the local government is unable to control nor regulate the crude oil price in the world market. Perhaps, our kababayan would be smart to believe that and not be misled by the propagandists who say otherwise and continue to cause local troubles. <as strikes, transport stoppages> that does nothing at all
Could there be civil war in Syria?
Could the air strike lead into a world war? Why did UK back out in supporting US in air strike? Why is Russia (Syria's ally) against punitive action vs Syria
Could the trouble in Egypt escalate into a bigger problem?
What is the effect of these troubles to the world economy?
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