Now is the time for concern: Global Market Dip in the Midst of a Grumbling World War with Tyrant at the Helm of World Superpower. Headline from 1935?

Two other things this week slipped through the cracks.

Monday Feb 26, Venezuelan president Hugo Chavez announced the nationalization of oil production in the country by May 1. The country will acquire 60% of controling shares of four major oil fields and assume majority control from BP, Mobil Chevron, and Conoco Phillips, among others. This may expose many oil-crutched, modernized parts of the world to Chavez's whimsy.

Tuesday, Feb 27, The Iraqi government(?) approved an accord distributing the revenues of oil production in that country equally among its population based on regionas density and allowing for regional companies to enter into contracts with foriegn producers to explore and develop new fields.
For the past year, the media has been uncovering issues with current census practices and death counts in Iraq. How accurately can this money be distributed? How much of this occupation is a stabilization mission until oil can flow unimpeded out of that country and into this one?