Inside the News - Edition #412

Allan Leibowitz -
Inside the News
- 28 May 2009 ( #412 )
1 min read
Isn't it amazing how quickly things fall off the radar? Not so long ago, you couldn't open a newspaper, watch TV or browse online without reading about rising fuel costs. The oil price was the only issue on everyone's mind. This week, oil hit a new high for the year, rising above USD63 a barrel - and no-one raised an eyebrow. This is the highest we've seen it since early November, but clearly still a way off the USD140 highs of last year. What this tells us, I guess, is that everything passes. Things that are major business concerns one day pale into insignificance the next. So, hopefully, this recession 'thing' will also soon be a distant memory. We can but hope!
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