Pouring oil on troubled economies By Prieur du Plessis, on February 23rd, 2011 posted in: Economy, Oil
Colonel Gaddafi is spooking the markets, prompting a flight to safety and a spike in the price of crude oil. Such sharp rises in oil have many a time heralded, if not caused, recessions. James Mackintosh, FT’s investment editor, considers whether a downturn is now around the corner. Click here or on the image below to watch the video. 
Source: Financial Times, February 22, 2011. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. | Don Coxe’s Weekly WebcastPodcast – Dow Jones One minute - every hour - weekdays
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