The Times Square news ticker flashes information about the Dow dropping below 10,000 Monday, Oct. 6, 2008 in New York. Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to provide relief. (AP Photo/Mark Lennihan) Oil dips as financial crisis deepens
NEW YORK – Oil prices plunged below US$90 a barrel yesterday, coming within reach of year-ago levels as a widening financial maelstrom spreads overseas and crimps global demand for energy.
A barrel of oil has not been this cheap in... [more]
Bell, the adviser to former tourism minister Howard Chin Lee, said Tobago may feel the impact of the collapse as soon as the start of the winter...
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