Soaring oil prices
Are oil prices politically controlled to a large extent (it cannot be zero percent no-control)? Is it a secret plan to retard the industrialisation of the developing countries (like the questionable Greenhouse Effect, to which the mighty US is reluctant to sign the protocol)?
The Muslim nations control a large percentage of the energy resources of the globe. What role are they playing in the different camps? To OIC this looks like a purda-nasheen or taboo topic. The rich oil-producing countries have their bank vaults in the US, which is advantageous to the Yankees for credit business and control.
For all latest news, follow The Daily Star's Google News channel. Nature also has a sardonic sense of humour: oil in the desert, but no workers available to set up factories. But there could be hidden lessons in these divine tests. The Muslim nations are not united, and it tells a lot. It is time to consider a common Islamic currency, to break the monopoly of the dollar the Euro came too late for global benefit.
It has been everybody's concern that oil prices are soaring up. Political as well as civilian fall out is making a topsy-turvy situation in the country. The government has said that it has nothing to do with the rising oil prices in the international market, rather it is adjusting its domestic value again and again. It is crystal clear that the effect of oil price is enormous and it does affect everything in our society. Political parties are getting an issue to make their voice heard to the people and they get benefits from it. My concern is, what are the poor people of our country getting from this price hike? Oil prices are making everything costly in the market.
So the poor people are bearing the brunt of it.
Md. Harisur Rahman, JU