EGYPT

Anti-Gaddafi rebels retreat after a mortar attack by pro-Gaddafi forces

Gaddafi counter-offensives raise civil war fears

Troops loyal to Muammar Gaddafi have launched counter-offensives against rebel-held towns, increasing fears that Libya is heading for a civil war rather than the swift revolutions seen in Tunisia and Egypt.
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Bangladeshi evacuees walk away from the border after fleeing unrest in Libya

Bangladeshi workers desperate to flee Libya

Many Bangladeshis remain stuck in Tripoli and other cities, but cannot leave due to the extremely volatile situation between pro- and anti-Gaddafi forces; while others have struggled to cross into neighboring Tunisia.
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Geithner plays down oil supply risks

Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.
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Oil reserves give price safety valve: Geithner

Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.
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Oil falls as market eyes Libya plan

Oil prices retreated from near 2-1/2 year highs on Thursday as traders took profits after Venezuela pitched a plan to resolve the Libyan crisis, despite deep skepticism about whether it would work.
Dutch Prime Minister Mark Rutte

Three Dutch marines captured by Gaddafi forces

The Dutch Defense Ministry announced that three of its marines have been captured in Libya by troops loyal to Moammar Gaddafi, while participating in an operation to help evacuate foreigners out of the country.
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FAO warns on oil as world food prices hit record

Global food prices hit a record high in February, the United Nations said Thursday, warning that fresh oil price spikes and stockpiling by importers keen to head off popular unrest would hit already volatile cereal markets.
International Air Transport Association CEO Giovanni Bisignani speaks at the IATA Annual General Meeting in Berlin

Oil prices to squeeze 2011 airline profits: IATA

The International Air Transport Association (IATA) slashed its forecast for airline industry profits in 2011, citing the recent surge in oil and jet kerosene prices. The association warned of substantial deterioration in profits if rising energy costs significantly weakens economic growth.
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Gold holds at record high as Mideast simmers

Gold prices held just below the previous session's record high in Europe on Wednesday, as the acceleration of global inflation and the threat that violence in the Middle East and North Africa will spread supported interest in the metal as a haven from risk.

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