Warning Bells from Libya - Opinion - magz.tempo.co

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Warning Bells from Libya

Wednesday, March 16, 2011

The tumult in the Middle East should push the government to take a resolute stance. It should not hesitate to increase fuel prices.

. tempo : 178038326282.

THIS is an interconnected world. The crisis in Libya has had its impact not just on Muammar Gaddafi, but on the whole world, which is reeling in a feverish chaos. The price of crude oil continues to rise, and it is estimated that it will pass US$120 per barrel—the highest since the 2008 global crisis. Alarm bells are ringing, and people are demanding serious action from the government.

If the economy is to be spared from the negative repercuss

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