Posts Tagged ‘evolution’

Oil price rising again

Oil price rising again

Oil price rising again

In the last ten years the oil price fluctuated a lot. In 1999 during the Asian Financial Crisis doubled by increased oil production of Iraq, the oil price was set at one of the lowest points in history: $17 per barrel.

After that low point the price started to move constantly upwards. In early 2008 the oil price hit $100 and by July, in the same year the oil set a new record high of $147.27 per barrel. The geopolitical aspect consisting in international concern over Iranian missiles tests played a very important role in reaching this high value for a barrel of oil. (more…)

World’s population evolution

World’s population evolution

World’s population evolution

Is a known fact that the world’s population is now on a serious growing trend. In Antiquity and Middle Ages the life was very hard and the new born mortality was extremely high, while the life expectancy was small.

Things started to change since the 18th century when the Agricultural and Industrial Revolutions improved the life quality. The life expectancy of both children and adults improved dramatically and the world’s population started to grow towards unprecedented levels. (more…)