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Ten Surprises for 2012: Blackstone

Byron Wien, vice chairman at Blackstone Advisory Partners issued his list of surprises for 2012 on Wednesday. The tradition of giving his views on a series of economic, financial market and political surprises for the coming year started in 1986.
Rick Santorum

Rick Santorum 2012: Where Does Iowa Caucus Runner-Up Stand On The Issues

Rick Santorum surprised voters Tuesday by nearly winning the Iowa Caucus, the first indication in the 2012 Election as to which candidate may win the Republican nomination. Santorum was only eight votes shy of Mitt Romney, the GOP frontrunner, and the Caucus has been deemed an essential tie between the two leading candidates. Here are the thirteen top political, social and economic issues and Santorum's position on the issues.
US Aircraft Carrier near Strait of Hormuz

Will U.S. End Up in War With Iran in 2012?

The latest threat comes days after U.S. President Barack Obama signed into law sanctions against Iran's central bank which processes most of the country's oil-export payments. Obama and other leaders, including European Union foreign ministers set to meet in Brussels on Jan. 30 to consider a oil-export ban on Iran, hope more sanctions will slow the country from further developing its nuclear weapons program.
Wesley Durden

Wesley Durden Death: Interesting Facts About ‘Next Great Baker’ Contestant

Fans of TLC's Next Great Baker were saddened to learn that one of its contestants, Army Sgt. Wesley Durden, had committed suicide last October. They didn't know that Durden had passed until he was voted off the show one Monday night and saw the memorial note after the episode. Here are some interesting facts about Wesley Durden.
Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

Where is Oil Price Heading in 2012?

Crude prices started their jolly ride to the top in February last year when simmering discontent in the Middle East erupted into several violent anti-government protests.
U.S. President Barack Obama

Obama Strikes Hopeful Note in Year-End Address

President Barack Obama, striking a hopeful note in a year-end weekly address, hailed foreign policy milestones while keeping pressure on Congress to further extend payroll tax cuts through the end of 2012.
Steve Jobs

Happy New Year 2012: Year In Review of the Biggest News Stories of 2011 [PHOTOS]

Happy New Year! 2012 is almost upon us and we can only hope it will be as interesting and eventful as was 2011. There were several major events that happened in news, entertainment and technology throughout 2011. The U.S. captured and killed Osama Bin Laden, the iPhone 4S was released, Apple Inc. lost its CEO and co-founder Steve Jobs and the Iraq War ended.
US Aircraft Carrier near Strait of Hormuz

Strait of Hormuz, Iran Threat Looms Large Into 2012 for U.S., World

As America begins to put its military pieces back together again after the end to a nine-year campaign in Iraq amid threats from Iran that it may close the Strait of Hormuz, the most vital corridor for oil-tanker traffic in the world, the reality is that another conflict may be looming in the Middle East.
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Turkey acknowledges killing civilians in Iraq strike

Turkish warplanes killed 35 civilian smugglers in northern Iraq after mistaking them for Kurdish militants, Ankara's ruling party said on Thursday, promising not to allow a cover-up of an incident that threatens to wreck relations with minority Kurds.
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New Satellites to Extend China's Military Reach

China this week reached a milestone in its drive to master the military use of space with the launch of trials for its Beidou satellite global positioning network, a move that will bring it one step closer to matching U.S. space capabilities.

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