Page 12 - Now Libya News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Whether that is true, or if the money we are saving is not real but i would say this environment, stick a form in it, japan is melting down, you have libya blowing up, you have the fears of a global financial crisis and these guys are talking about. the -- the forks and 9s and i would lick to sake any of those items and stick them with it. >> they were being mocked in the u.k. given the state of our country don't we have more important things to do than what is being called the biodegradable flatware but the republicans happy because they will be preoccupied because when

Muammar qaddafi is getting nasty and oil traders are sending prices back over $100 a barrel as muammar qaddafi vows the rebels will look down a gun barrel telling residents of one city of benghazi they will be attacked tonight, tonight. and now if he follows through, and he has in the past, what? >>guest: the continuation of $4 or higher, we approached $102 a barrel. markets fear things. they are fearing what will happen in japan. what will happen with nuclear power. but they fear those bombs, the guns going off. remember, if this spreads further outside of libya, saudi arabia, we heard iran s...

They don't pay $105 or $120 because they produce billion barrels which they sell. russia will not play. no-fly zone or u.s. attack on qadaffi would put the rebels in place and maybe free flowing oil would happen again and prices would retreat. $4 a barrel higher today, maybe it is back down so russia likes this. >>neil: what if muammar qaddafi makes good on threats to wipe out the rebels? the air raids would be moot. >>guest: they are moot until there are other protesters and another country says what about us? the uprising started in tunisia, spread to egypt, and then to libya, from country t...

Problems that we've had. there are many different effects on the world economy from this tragic situation. >> neil: eric, i spoke to earlier traders who said you know as soon as japanese is taken off the table as a financial worry, it will rebound. people are optimistic it eventually. now you have had libya saber rattling and you swap foreign players that are big worries. is that how it will be in the next few weeks? >> i think so. we had tenuous signs of world recovery but it's still a from jig recovery. when you have problems like in tunisia, egypt, now libya, now the market is focused on th...

The death tolls could be up in the hundreds of people. it is very unclear because it is difficult to know what is going on in that country. it sounds like a deteriorating situation. >> ron allen, in cairo. now libya and the rest of the region. the white house is examining this from afar. the speech by gadhafi's son condemning the violence. stephen clemens founder of the new america project at the new america foundation. steve, what is happening with moammar gadhafi, more than four decades of a leadership, the head of a nation we describe as a terror sponsoring nation. pan am 103. the other lon...