Browsing articles tagged with " news review"
May 6, 2008

US blames India again-This time for Oil price rise!

After the controversial statement by US president Bush on India and China being the reasons for rise of food prices, which created quite a rage, White House Deputy Spokesman Scott Stanzel attributed the rise in Oil prices to the increased demand by countries like India and China.

I am not sure if these statements are an effort to curb the problem of identity crisis that Mr Bush and his official are suffering from. Probably they are too worried about the declining value of dollar and are frustrated and make such comments. The good thing for US government would be to look at factors internally which might be causing the dollar crisis.

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