Skip to content

Daily Archives: May 28th, 2008

Reviving the Franchise

28-May-08

The new Indiana Jones movie just opened. This one, the fourth in the series, revives the franchise with a story set twenty years after the original trilogy.
The Nazis are not around in 1957, so the bad guys this time are communists, specifically from the Soviet Union. Cate Blanchett plays a KGB agent. Some people are [...]

More on the relationship between the weak dollar and oil

28-May-08

Correction: The weak dollar is not the problem, but it is definitely a problem.
Turkish Weekly explains how the weak dollar affects oil prices. It’s a complicated relationship. What I meant to point out yesterday was this:

Of course, the lower dollar means cheaper oil in Europe, Asia, and all countries with appreciating currencies. Oil prices hit [...]