Sunday, March 20, 2011

Libya to give weapons to 1 mln people:state media

To borrow Jim's phrase, here we go again.

A secular trend of oil priced in U.S. dollars should serve as reminder to the consequences of actions. Russia benefits from this trend.

West Texas Intermediate Crude Oil (OIL) AND Oil to Gold Ratio (OILGLDR):


Libya's government has begun distributing arms to more than one million people and will complete the operation within hours, the state news agency reported on Sunday.

Jana news agency quoted sources in Libya's defence ministry as saying they "expected the operation to end in the next hours to arm more than a million men and women."

Source: af.reuters.com

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