Thursday, August 25, 2011

Sweet crude of mine

By Pepe Escobar
Asia Times

"From the point of view of the real Libyan war "winners", it's bye-bye to "subversive" ideas such as dumping the US dollar and the euro to create a single currency for Arab and African nations and a big hello to ultra sweet oil contracts and an array of concessions. While nothing would be sweeter for the House of Saud than a friendly new emirate in northern Africa, real control is still an open game as no one yet knows what influence Islamists will be able to wield in post-Gaddafi Libya....."

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