Only on Bloomberg - Wall Street Gold Rush: Go East Young Man!; Bankers Get Tax-Free Pay and 25% Higher Bonus in Dubai; Middle East Bank Fees Up 5% to $612 Million in First Half
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A broader overview of factors increasing the potential for recession, depression, or economic collapse. -including, petrodollars, China, peak oil, & baby boomers.
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Life for most Iraqis has become a nightmare.Ironically , the Iraqi treasury is brimming with billions of petrodollars. Is this just a case of incompetence and mismanagement or is the problem simply too big for the Iraqi government to handle?
Video duration: 182 seconds
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As oil prices continue to soar, many of the world's leading producers are looking to maximise output. But in the North Sea, production is slowing after a peak several years ago. As a result, oil companies in Norway are looking at other ways to ensure the petro-dollars keep flowing for years to come. Nick Clark reports from the North Sea.
Video duration: 651 seconds
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Life for most Iraqis has become a nightmare.Ironically , the Iraqi treasury is brimming with billions of petrodollars. Is this just a case of incompetence and mismanagement or is the problem simply too big for the Iraqi government to handle?
Video duration: 213 seconds
Global video hits: 739
We are in the midsts of the largest transfer of wealth in human history. $700 Billion in oil revenue flows from the U.S. to the Middle East every year because a Republican Administration wasn't interested in weaning the U.S. off foreign oil.
While the U.S. is in recession, see how your petro-dollars are being spent by the Saudi's.
Video duration: 222 seconds
Global video hits: 755
The petro-dollar-laden shores of Dubai City beckon singer-satirist Jim Terr, in this parody of Frank Sinatra's "New York, New York." Could it be a fit? A long shot? To see all Jim Terr YouTube videos, enter HYMIEHYMIE in search box. Video referred to as source for actress images is http://youtube.com/w atch?v=F5dIutEsLAg ( category - political & other satire & comedy & commentary )