LEAST DEVELOPED COUNTRIES STRUGGLE TO COPE WITH OIL PRICE RISES
June 1st, 2008
BY KENCHO WANGDI, in Thimphu, Bhutan; JUHEL BROWNE, in Port of Spain, Trinidad; BILL CORCORAN, in Johannesburg; and KEITH NUTHALL
THE RISING price in oil has hit the prosperity of many companies, communities and countries, but it is the world's poorest people, living in what the United Nations calls least developed countries that are suffering the most.
They can least afford to pay more for fuel, and usually least developed countries do not have their own oil and gas reserves, otherwise they would have probably pulled themselves up from this bottom rung within ...
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