Bulletins Live - Daily Business & Economy News

The cost to pump oil is costly and can be environmentally damaging says many experts around the world.

Some scientists say that oil is ver dangerous as there is the potential for oil spills, seismic exploration, and the pollution due to extraction of oils.

As oil becomes harder to find, the overall prices also raise. In 1994 Nymex oil costed fifteen US dollars and currently this same product costs nearly ninety US dollars. The United States of America is currently the leading oil consumers in the entire world.

In the entire world there is 6,605,728,854  people that are accounted for. In US dollars there is a total of $65 trillion thoughout the world.

Out of all the nations, there is 7.7 million millionares. In the world there is only 946 billionares.

Unemployment however though out the world is 30%.

China however is producing the most gross output sending out 9.3% of the world goods. Following China is India at 7.9%.

In 2005, there was 1,263,367,600 phone lines in use. In 2006, 1,091,730,861 were using the internet, nearly doubling its users since 2001.