Counting the Cost

Black gold: Libya’s salvation?

Libya is running out of cash as the battle there drags on, but could oil help the anti-Gaddafi forces?

Libya is running out of cash as the battle drags on but could a tanker full of black gold be the salvation of the anti-Gaddafi forces?

Plus, the conundrum of Nigeria – oil riches put it on course to become Africa’s biggest economy, but a crucial election is postponed because ballot papers have not been sent out.

And, Portugal raises the white flag, finally admitting what the markets long suspected – it does need a financial bailout.

This episode of Counting the Cost aired from Friday, April 8, 2011.