Oil bounces over $118; Euro hits $1.60

UPDATE: Oil approaches $120.

More problems in Nigeria, Russia producing less oil, the weak dollar and China’s demand shot up 8% from March 2007. In other words, same old, same old. And the dollar has hit an all time record low, trading at $1.60 to the Euro. Absolutely shameful.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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