Saturday, 31 March 2012

Petrol crisis a tipping-point for the UK?

UK petrol crisis to hit US?


The UK petrol crisis mismanagement is in danger of tipping the country into a double-dip recession. UK prime-minister David Cameron called on the United Labor Union and employers to hold talks on preventing a strike by fuel-truck drivers, but has still placed the Army on stand by should such action take place. 

The strike would immidiately skyrocket fuel prices further damaging UK's fragile economy and causing a ripple effect to neighboring European countries, which would eventually make way to the US. 

RT's Ivor Bennet has more on the growing panic in UK.

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