Monday, April 21, 2008
Who is profiting from the Iraq war? and its disastrous effect on the price of oil? Bloomberg news service has this note...
"Halliburton Co., the world's second-largest oilfield contractor, said profit rose 5.8 percent after crude topped $100 a barrel.
First-quarter net income climbed to $584 million, or 64 cents a share, from $552 million, or 54 cents, a year earlier, Houston-based Halliburton said today in a statement. Revenue rose 18 percent to $4.03 billion."
Who's not? Follow this link to a CNN article about America Moms' methods of scrimping and saving in the face of rising food prices.