Monday, April 21, 2008
Who is profiting from the War?
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.
Labels: Economy, Middle East, Politics, Pop Culture, thought
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