high oil prices take a toll .....

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    24.2.2008

    High oil prices take a toll on the Gulf's middle class.

    Even as it enriches Arab rulers, the recent oil-price boom is helping to propel an extraordinary rise in the cost of food and other basic goods that is squeezing this region's middle class and setting off strikes, demonstrations and occasional riots from Morocco to the Gulf.

    http://www.iht.com/articles/2008/02/24/business/gulf.php
 
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