Bank Of Japan Hits 31-Year Rate High As Middle East Oil Crosses $100
Global markets plunged as the Bank of Japan hiked rates to a 31-year high and crude oil prices surged past $100 a barrel amid escalating Middle East conflicts. Local expat Dave merely sighed at the Pemex station, muttered something about needing more tequila for his golf cart, and drove straight back to the palapa to check the wind conditions.