Frost over the World - Oil prices & Myanmar - 23 May 08

2012-04-19 10

On Thursday morning oil prices reached a record high - $135 a barrel. Liam Halligan, the chief economist of Prosperity Capital Management, explains the real reasons behind this relentless rise. Also, Matthias Schmale, the international director of the British Red Cross, joins the show to discuss the humanitarian crisis in Myanmar following Cyclone Nargis.