LIBYA

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.

The specter of civil war looms in Libya, according Seif al-Islam Gaddafi, a son of Libyan ruler Muammar Gaddafi.

Spot gold was last down 0.8 percent at $1,394.14 an ounce at 1025 GMT, having risen on Monday to its highest in about seven weeks. U.S. April gold futures were up 0.5 percent at $1,395.20 an ounce.

An influential Muslim cleric Yusuf al-Qaradawi has issued a fatwa to kill Libya’s long-time leader Muammar Gaddafi.

Bloody crackdown against demonstrators is set to cost the Libyan government heavy as officials withdraw while soldiers deflect towards protesters in the first signs of the Moammar Gaddafi's regime beginning to crumble.

The School, which has a long history of association with Libya and its ruling powers, especially Saif al-Islam Gaddafi, the son of Libyan leader Muammar Gaddafi, is reconsidering its connections with the Libyan state.

Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.

Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.

Asian stock markets ended lower on Tuesday as continued political unrest in the Middle East weighed on the sentiment.

Fitch Ratings on Monday downgraded Libya's credit rating by one notch to BBB in the midst of escalating violence in the oil-rich North African nation.

While discussion over WikiLeaks' 2011 Nobel run continues, social media platforms like Twitter, Facebook deserve nobel prize for facilitating pro-democracy protests in Middle East, North Africa and even China.

As his four-decade rule of Libya hung by a thread, Moammar Gaddafi appeared on state television on Tuesday, local time, to kill rumors that he has left the country.

Khamis Gaddafi, a son of Libya ruler Moammar Gaddafi, recruited French-speaking Sub-Saharan African mercenaries to shoot live rounds at pro-democracy protesters, reported Al Arabiya, citing sources in the city of Benghazi.

After the Egyptian government shut off the Internet attention has turned to Libya and Bahrain, both of which have had some of the worst unrest in the last week.

Renewed and intensified fighting in the Libyan capital of Tripoli has led to the deaths of dozens of people, according to media reports, as the noose around Moammar Gaddafi tightens.

While the European Union (EU) nervously monitors the ever-deteriorating situation in Libya, they are also worried about one possible outcome of the unrest there – an acceleration of illegal immigration into Europe from North Africa.

Two Libyan Air Force pilots have defected to the Mediterranean island of Malta.

Oil prices have jumped in response to the growing chaos in oil producer and OPEC member Libya and the potential for the escalation of unrest in Iran, OPEC’s second biggest oil producer..