LIBYA

After the Tunisian and Egypt revolution, it is Libya in the news this time. A state of unrest and chaos prevailed in the North African state of Libya as protests grew against its government and head of state, Muammar al-Gaddafi.

A senior Libyan official who left the Gaddafi camp has said the embattled leader will either commit suicide or will get killed and that the people's revolution is days, if not hours, away from victory.

Gaddafi's numerous utterances on Tuesday betrayed borderline mania all serious dictatorships are imbued with.

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.

Gold fell back slightly toward $1,400 an ounce on Tuesday, breaking a six-session rally, as turmoil in Libya prompted bullion investors to take profits and as sharp losses in equities and other commodities markets prompted margin selling.

The CBOE Volatility Index, or VIX, the index that Wall Street uses to gauge fear among investors, spiked almost 28 percent today, almost entirely to the ongoing turmoil in Libya.

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.

On Tuesday, US-traded crude oil futures initially jumped to trade as high as $98.50 per barrel, or an increase of 14 percent from last Friday’s closing levels, on escalating tensions in Libya.

South African resource-heavy stocks slipped on Tuesday as Libyan unrest prompted an equities sell-off while the rand firmed against the dollar, recovering from earlier losses as better-than-expected GDP data boosted the currency.

U.S. stocks are plunging and oil prices are surging on fears over the continued violent unrest in Libya.

Muammar Gaddafi will neither leave Libya nor step down and a bloody fight to the end is likely with protesters intent on driving him out, the Libyan leader's former head of protocol said on Tuesday.

About 500 Egyptians protested in the capital on Tuesday demanding that new military rulers install a new government and lift the country's emergency law.

Thousands of Tunisians are fleeing Libya, many across its western land border, after a bloody crackdown there on protests against the rule of Muammar Gaddafi, state media reported on Tuesday.

The U.S. government faced mounting calls for action against Libya on Tuesday as the regime of Muammar Gaddafi used tanks, helicopters and warplanes to unleash fresh attacks on pro-democracy demonstrators.

Muammar Gaddafi vowed to die in Libya as a martyr in an angry television address on Tuesday, as rebel troops said eastern regions had broken free from his rule in a burgeoning revolt.

The U.S., along with NATO, might invade Libya, claims former Cuban leader Fidel Castro in a column published in state media.

In a bizarre, rambling speech on state TV, Libyan leader Moammar Gaddafi refused to resign despite massive anti-government demonstrations tearing across his country demanding an end to his four decades of authoritarian rule.

Spain's new immigration bill will adjust the inflow of migrant workers to the demands of the job market in the new economic cycle, Secretary of State for Immigration Anna Terron said. The demise of an economic model based on a decade-long construction and property boom which attracted a wave of South American

Crude oil prices have surged more than 7 percent this morning in New York trading, reaching as high as $98 per barrel, as the chaos in Libya raised fears of supply disruptions.

US stocks declined in early trade on Tuesday as political unrest in the Middle East weighed on the sentiment.