The Jasmine revolution is going to have a profound impact on the global economy.Some of the effects of the revolution is already being felt by the stock markets around the globe. Oil is trading consistently above $100/barrel.If this trend is going to continue then definitely economies across the globe will definitely feel the pinch. India imports 70% of its Oil demands and if the oil trading the current level will have serious repercussions on the inflation. Airlines are mulling about the fare hikes around 25% in another 2 months..
-Deepak.
