Disappointed Regional Politics 地緣政治，令人失望

When the five veto-wielding Security Council mebers including US, Britain, China , Russia and France still do not make a conclusion on the resolution to respond against North Korea for his seven missile test on 5 th July,2006, on the other side of the world, Israel attacks her neighbour country Lebanon. As an investor, the writer feels very disappointed about this kind of investing environment! A lot of questions will come to the investors' brains: Will US or Japan start a war against North Korea? Will North Korea continue make its missile test or even make a nuclear bomb? Will the middle-east situation be uncontrolable? Is the oil supply from middle-east countries still stable?
So, wt's the result?
NYMEX Augest Crude oil Future price rises to US $78.40, October Future price reachs US $80.05. Nearly all the market indexs in the world fall down by about 1-2% on HongKong time 14th July,2006.
As the writer mentioned in Oil Focus I, the limit supply of oil is generally digested by the market. Where the fluctuation of oil comes from is the troublesome political matters. These two week's political unstability have already given more than enough evidence or say supports for the raise of oil. At the same time, many investors short out their stocks holdings in the financial markets due to their worries about high oil price and unstable regional situation.
(What's more, Japan announces to raise the interest rate from 0% to 0.25% today so as to compensate the inflation. It is expected that this action would lead to the decrease of global liquid cash. The financial market may face a little shock as a result.)