* The price of oil hit $129 per barrel today; thus, hurting stocks in many countries such as Mexico.* The head of OPEC and Venezuela's Energy Minister issued a joint statement claiming that oil markets are “well-supplied.” Yet that hasn’t stopped U.S. legislators from approving a proposal to take OPEC to court.
* Bolivian President Evo Morales has threatened to nationalize natural gas fields if foreign firms refuse to increase their investments.
* The governments of Peru and Brazil agreed to build a hydroelectric plant in southern Peru.
Sources- AFP, Reuters, Reuters UK, Times Online, International Herald Tribune
Image- CNNMoney.com
1 comment:
I think that the japan disaster is telling us that we cant control the nuclear energy or how to maintain a proper place to handle it.
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