Bhutto and geopolitical risk
Thursday, December 27th, 2007The global impact of Benazir Bhutto’s assassination should not be underestimated. Oil prices have now soared edging closer to $100 a barrel, equity prices are falling and the concept of “geopolitical risk” has re-emerged during a relatively quiet time. All that on top of deteriorating economic news in the United States. No wonder stocks prices are down.
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