By Daily Revelation Editor
Last time out we wrote about the unprovoked aggression unleashed by the United States of America (USA) and Israel in their war of choice against Iran. We said the war may seem far off but was actually very near.
As we predicted when the war just broke out, the chaos unleashed by the US is now speaking into the everyday life of Zambians and the citizens of the global, given the instability unleashed on the Gulf region, an area that provides majority of the global oils. That is one region also which allows for the passage of major commodities such as fertilizer and gas through the Strait of Hormuz, which Iran says it has shut to the US, Israel and some of their allies.
During that ongoing conflict, oil prices have risen sharply to around US$115 per barrel following the closure of Hormuz by Iran, and following the retaliatory strikes on the energy assets in the gulf between the warring parties.
This is an uninvited nuisance unleashed on the whole global solely on account of narrow US and partners interests to dominate the Middle East and control its assets in the same manner they have done with Venezuela following the capture of that country’s President Nicolas Maduro.
We indicated recently on the magnitude of the increment in fuel, where just recently at the beginning of March when the Energy Regulation Board (ERB) announced a price reduction in fuel, petrol was trading at $70.32 per barrel and diesel at $84.94 per barrel. Actually, these prices represented a hike of around 4 percent from the previous month. The appreciation of the Kwacha against the US Dollar somehow acted as a stabilising factor, leading to a reduction in the price of the commodities by a few Kwachas.
But much as the world is not responsible for the chaos, they have to work at finding ways of meaningful mitigating the impact on the people, Zambia included. Several countries have for instance taken certain measures to ensure that the shock on their citizens is minimised.
We here in Zambia will also want to hear about the specific interventions the government in working on to alleviate the pressures born from the impact of that war. Will the government just lament and fold its arms in hopeless impotence, or they will they take proactive measures to help Zambians through this tough season?
With there being a possibility that the war could escalate further and worsen the already dire situation,there is a possibility that things in Zambia too could worsen than they are right now. But if they worsen, people generally in such situations tend to point fingers towards their governments rather than on the happenings internationally. Therefore, those in government would not escape the wrath of the people should they fail to show that they are proactively putting in place various interventions to mitigate the shocks.
Better do something now without waiting for the situation to worsen.
Related
By Daily Revelation Editor
Last time out we wrote about the unprovoked aggression unleashed by the United States of America (USA) and Israel in their war of choice against Iran. We said the war may seem far off but was actually very near.
As we predicted when the war just broke out, the chaos unleashed by the US is now speaking into the everyday life of Zambians and the citizens of the global, given the instability unleashed on the Gulf region, an area that provides majority of the global oils. That is one region also which allows for the passage of major commodities such as fertilizer and gas through the Strait of Hormuz, which Iran says it has shut to the US, Israel and some of their allies.
During that ongoing conflict, oil prices have risen sharply to around US$115 per barrel following the closure of Hormuz by Iran, and following the retaliatory strikes on the energy assets in the gulf between the warring parties.
This is an uninvited nuisance unleashed on the whole global solely on account of narrow US and partners interests to dominate the Middle East and control its assets in the same manner they have done with Venezuela following the capture of that country’s President Nicolas Maduro.
We indicated recently on the magnitude of the increment in fuel, where just recently at the beginning of March when the Energy Regulation Board (ERB) announced a price reduction in fuel, petrol was trading at $70.32 per barrel and diesel at $84.94 per barrel. Actually, these prices represented a hike of around 4 percent from the previous month. The appreciation of the Kwacha against the US Dollar somehow acted as a stabilising factor, leading to a reduction in the price of the commodities by a few Kwachas.
But much as the world is not responsible for the chaos, they have to work at finding ways of meaningful mitigating the impact on the people, Zambia included. Several countries have for instance taken certain measures to ensure that the shock on their citizens is minimised.
We here in Zambia will also want to hear about the specific interventions the government in working on to alleviate the pressures born from the impact of that war. Will the government just lament and fold its arms in hopeless impotence, or they will they take proactive measures to help Zambians through this tough season?
With there being a possibility that the war could escalate further and worsen the already dire situation,there is a possibility that things in Zambia too could worsen than they are right now. But if they worsen, people generally in such situations tend to point fingers towards their governments rather than on the happenings internationally. Therefore, those in government would not escape the wrath of the people should they fail to show that they are proactively putting in place various interventions to mitigate the shocks.
Better do something now without waiting for the situation to worsen.
Related
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