Tag: Middle East

• Friday, March 4th 2011 - 06:09 UTC

  “Revulsion against corruption” partly sparked Libyan revolution, says Soros

  

  Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor said George Soros interviewed by the BBC. Revolts in Libya were partly the result of “revulsion against a corruption” fed by the misuse of oil money, he added.

• Wednesday, February 23rd 2011 - 07:02 UTC

  OPEC promises to compensate for any oil drop off by unrest in Middle East

  

  Trying to calm turbulent oil markets, Saudi Arabia's Oil Minister said on Tuesday that the Organisation of the Petroleum Exporting Countries (OPEC) was ready to pump more oil to compensate for any drop-off caused by unrest in the Middle East.