EGYPT

One million Egyptians clamour for Mubarak to go

At least one million people rallied across Egypt on Tuesday clamouring for President Hosni Mubarak to give up power, piling pressure on a leader who has towered over Middle East politics for 30 years to make way for a new era of democracy in the Arab nation.

John Kerry urges Mubarak to step down

U.S. Senator John Kerry (D-MA)
U.S. Senator John Kerry, chairman of the Senate Foreign Relations Committee, has urged Egyptian President Hosni Mubarak to step down and promise that neither he nor his son will run in the presidential election scheduled for later this year. Kerry is the highest-level US politician to call for Mubarak’s removal.
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Wall Street rises on solid manufacturing data

Stocks rose on Tuesday as solid manufacturing data in the United States and Europe helped investors turn their attention away from the turmoil in the Middle East to hopes that a global economic recovery was on track.
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Below-par BP earnings reignite growth worries

BP reignited doubts about its ability to return to growth on Tuesday as below-forecast profit, disappointing production guidance and new oil spill charges overshadowed the oil major's return to dividend payouts.
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Google launches Twitter workaround for Egypt

Google Inc launched a special service to allow people in Egypt to send Twitter messages by dialing a phone number and leaving a voicemail, as Internet access remains cut off in the country amid anti-government protests.
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Stock futures higher as attention turns to economy

U.S. stock index futures advanced on Tuesday as investors turned their attention from the geopolitical tremors in the Middle East to data they hope will provide insight into the state of the U.S. economic recovery.
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Israel shocked by Obama's betrayal of Mubarak

Israel is angry at U.S. President Barack Obama for not supporting Egypt's falling dictator Mubarak and legitimating the people's outcry for democracy and freedom instead. This is seen as a threat to Israel's geopolitical interests in the Middle East.
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Gold opens February with gains

Gold rose in Europe on Tuesday as the dollar index hit a 12-week low and geopolitical tensions centered on Egypt added risk premium to prices, with Asian demand for coins and bars after January's price drop adding support.
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Centamin Egypt says ops unaffected by unrest

Miner Centamin Egypt said its operations were unaffected by the political unrest as momentum continues to build in Egypt, while it forecasts higher production in 2011. Egypt-focused stocks have come under the spotlight as protestors demand an end to the 30-year-rule of President Hosni Mubarak.
An opposition protester stands behind a banner in Cairo February 1, 2011.

Israel should learn to live with more enemies after Mubarak

Israel has launched a diplomatic offensive as speculation intensified that the U.S. and European allies were ditching Egypt's beleaguered president Hosni Mubarak. Israel fears its decades-old peace with Egypt will crumble if Mubarak is replaced by a populist regime which by all means will be inimical to the Jewish state.
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BSE Sensex drops to 5-mth low, Reliance falls

The BSE Sensex fell 1.7 percent on Tuesday to its lowest close since August, extending January's worst monthly slide in more than two years, as inflation worries and hardening interest rates continued to spook investors.
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Joblessness, rising prices could spark war within

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
Israel's Prime Minister Benjamin Netanyahu addresses a leadership meeting of the Conference of Presidents of Major American Jewish Organizations in New York

Israel lets Egyptian troops into demilitarized Sinai

For the first time since the 1979 peace treaty, Israel has allowed Egyptian military into the demilitarized Sinai peninsula to help them confront protesters demanding the resignation of president Hosni Mubarak.

Joblessness, rising prices may fuel unrest: IMF chief

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.

What is Egypt’s April 6 movement?

Egyptians are close to creating history as their Facebook-fuelled digital age revolution looks formidable for now and well on course to replacing a 30-year regime. The Facebook group called ‘the April 6 Movement’ has been the catalyst of the current political upheaval shaking up the government of Hosni Mubarak.

Fundamentals lift stocks

Investors shifted focus from worrying about Middle East turmoil to concentrate on fundamentals on Tuesday, lifting global stocks against a background of improved economic data and corporate results.

Who is the next Egyptian leader?

As the Egyptian protest enters its ninth day in Cairo the organizers have announced an indefinite general strike and called for a march of a million in the Egyptian capital on Tuesday. There is a mounting pressure on the president Hosni Mubark to relinquish the post and pave way for new leadership.

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