U.S. stock index futures were little changed on Tuesday as fighting in Libya, resolving Japan's crisis and the chances for a European interest rate hike next month kept investors jittery.
The Euro price of Gold Bullion today slipped back to last week's finish just below €32,000 per kilo - reversing Monday's 1.0% rise - as the single currency hit new 6-month highs to the Dollar above $1.4240.
The military strikes in Libya is costing the British taxpayer about £3 million a day, according to UK defense experts.
The president of Uganda, Yoweri Museveni, has written a lengthy a column in The New Vision newspaper of Uganda in which he condemned the western alliance’s military strikes on Libya. He also proposes a resolution to the Libyan crisis through the auspices of the African Union.
A U.S. Air Force Strike Eagle F-15E jet crashed near the eastern city of Benghazi in Libya late Monday as part of a mission to protect civilians from forces led by Col. Muammar Gaddafi, United States Africa Command said on Tuesday.
Some prominent African leaders have expressed their condemnation of western air strikes on Libya.
U.S. stocks were set to open little changed on Tuesday as geopolitical concerns in Japan and Libya kept investors nervous.
U.S. and its allies continue to work towards enforcing a no-fly zone over Libya.
Oil prices slipped on Tuesday, with Brent crude falling below $115, as investors betting oil prices would rise with western involvement in Libya's civil war took profits in anticipation of a slowdown in air strikes.
Gold prices rose for a fifth straight day on Tuesday, driven by safe haven demand amid continued uncertainty in the Middle East and the nuclear crisis in Japan.
CNN ripped apart rival news channel Fox News for airing a story that said foreign journalists were used by Libyan authorities as human shields. CNN correspondent Nic Robertson said the report was outrageous and hypocritical and that he did not expect journalists to lie. I expect lies from the government here. I don't expect it from other journalists. It's frankly incredibly disappointing, he said.
While a real war in Libya is unfolding, a much less serious event took place in Berlin, where a pillow fight flash mob suddenly appeared in front of the German capital's iconic Brandenburger Tor and engaged in a large scale pillow fight.
U.S. President Barack Obama said his country will relinquish its leading role in the Western alliance against Libya’s Moammar Gaddafi within days in order to guarantee that the responsibility of enforcing the UN-mandated “no fly zone” resolution Gaddafi is shared by various nations
The Dow Jones Industrial Average climbed back above 12000, boosted by a major telecommunications deal and a jump in energy stocks as oil prices leapt.
Coalition forces targeting Libya are working to expand a no-fly zone south and west of Benghazi and are generally achieving their aims and Libyan leader Muammar Gaddafi is not a target even as the coalition struck one of his compounds in Tripoli, the U.S. commander organizing the coalition's military strikes said Monday.
Forces in Libya loyal to Moammar Qaddafi are reportedly using foreign journalists as human shields in order to prevent air strikes by western militaries that are reluctant to be accused of bombing civilians.
The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest, the bank's President Robert Zoellick said on Monday.
Oil prices rose 1 percent on Monday as spreading unrest in the Middle East intensified concerns about potential threats to the region's oil supply and U.N.-mandated air strikes kept flow reduced from OPEC-member Libya.
Oil prices rose more than 1 percent on Monday as U.N.-mandated airstrikes on Libya and spreading protests and unrest in the Middle East reinforced concerns about potential threats to oil supply from the region.
The crisis in Libya has led to the revelation of a rare public disagreement between the two most powerful political leaders in Russia, according to the RIA Novosti news agency.
U.S. Secretary of Defense Robert Gates said on Sunday that the U.S. will not have the top role in military action Libya and is expecting that other nations in the coalition will take the lead, although the U.S. will continue to provide some military support.
Commodities trader Glencore is seen clinging on to plans for a bumper London listing by the end of May, despite global stock market uncertainty, according to a Reuters poll of fund managers.
