Monthly Archives: February 2011
Food Fuel
Here’s a look at the problem from the Simon Nixon blog in yesterday’s WSJ.
The protests in Egypt, Tunisia and Jordan are all clearly rooted in deep political grievances against brutal dictatorships, but they have their origins in soaring food prices. The chart below from Absolute Strategy Research shows why:
Choosing Sides in Egypt
In 1978 Jimmy Carter supported the overthrow of the Shah. The Ayatollah took charge and things haven’t gone well since. In 2009 President Obama passed on backing the Iranian Green Revolution.
