$135 Dollars a barrel

"It was of course an earlier "oil crisis" in the 1970s which prompted Brazil to embark on an energy policy for which it is now famous, the mass production of biofuels for cars.

This alcohol, made from sugar cane, is widely available at garages across Brazil.

More than nine in 10 new vehicles here can now run on both alcohol derived from sugar cane or petrol. In 2007, Brazil produced 22bn litres of ethanol."

"Nigeria is the eighth largest exporter of crude in the world.

For every barrel of oil sold, $59 goes to the national budget, the rest goes into an account in the Central Bank.

Record oil prices mean that stock of cash now stands at $12bn." BBC

Soros warns global boom is over

Soros, the man that have made $1bn in September 1992, betting correctly that the British currency would have to be devalued and leave the European Exchange Rate Mechanism warned during an interview with the BBC.

"'Financial bubble' of the last 25 years could be drawing to an end and the post World War II "super-boom" era could also be over." Soros warned.

"oil and other commodities are over-priced, but he sees little chance of the price of oil coming down until there is a big slowdown in the richer economies."

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Internet's Political Influence

Following the news for the past year will let you conclude a new important factor in politics, that we've never thought it will be that effective. You can see its effect on the US elections(BBC), also what happened in Egypt last April.
With its growing reach to more people, growing communities like Facebook, etc... People started to react, became more active, trying to figure out what are the internet's borders. "What are the internet borders?", thats a good question.....

U.S. soldier uses Quran for target practice

After what happened in Guantanamo 3 years ago, it happens again in Iraq... CNN