There is a brilliant news story in New York Times about the incredible rise in inflation in the middle-east countries. The steep rise in oil prices has lined the pockets of the government which has grown more and more callous and corrupt. The incentive to try and develop the economy in a wholesome manner is non-existent. All we see is the glam and glitter of Dubai and Abu Dhabhi.
Its such a sad state of affairs and in large part responsible, as the article notes, for the increasing unrest among the people.
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Huzefa
Sunday, February 24, 2008
Problem of Plenty
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