Libyan students are using mobile phones, an amateur video camera and YouTube to offer a glimpse of the war in the besieged city of Misrata where journalists are prevented from reporting freely.
The British Foreign Secretary William Hague has proposed the establishment of an international fund to assist opposition groups in Libya seeking to topple Moammar Gaddafi.
Government officials from around the world have gathered in Doha, Qatar for a summit on finding a resolution to the crisis in Libya after weeks of deadly fighting and fears of a military deadlock.
A cell phone network called Free Libyana, brain child of a Libyan-American telecom executive Ousama Abushagur, is allowing rebels to communicate using a hijacked portion of the Libyana network.
Stock index futures rose on Wednesday, rebounding from the previous day's decline, after results from JPMorgan Chase beat expectations and spurred bets that other bank earnings will be strong.
Oil crept back above $121 on Wednesday, partly reversing a deep sell-off as foreign ministers met for talks on Libya's future and the market awaited U.S. inventory data for possible signs of demand attrition.
World stocks put in modest gains on Wednesday after recent declines, while oil prices also rebounded as investors sought fresh opportunities to bet on risky assets.
Brent crude rebounded to above $122 on Wednesday, halting a two-day decline, on fears that the Libya conflict could settle into a bloody stalemate, while a sudden disruption in Kuwaiti oil exports boosted sentiment.
SINGAPORE The yen weakened and Asian stocks headed higher on Wednesday, with investors looking for fresh opportunities to bet on risky assets after a sharp drop in oil the previous day caused an unwinding of positions.
Brent crude rose above $121 on Wednesday, halting a two-day decline, as traders focused on the stalemate in Libya and a sharp fall in U.S. gasoline stocks ahead of peak demand season, while global agencies warned high prices could erode demand.
Former Libyan strongman Moussa Koussa, who is strongly believed to have played a role in the infamous Lockerbie bombing, was allowed to leave London on Tuesday. Britain's coalition government has been accused of offering a transit lounge for alleged war criminals after a foreign office spokesperson said Koussa was free to come and go.
The Organization of the Petroleum Exporting Countries said it expects oil demand to grow by 1.4 million barrels per day this year, around steady on its previous forecast and also in line with IEA figures.
Donald Trump said Iraq oil can make the US a fortune, in an interview with the Wall Street Journal.
President Barack Obama's strongest supporters in the United States are at the lowest level of his presidency yet and support from liberals is also sharply down from earlier this month, according to a daily presidential tracking poll.
The French and British Foreign ministers are both urging NATO officials to increase their activity in Libya in order destroy weaponry used by Moammar Gaddafi’s forces and to better protect civilians from Gaddafi’s violent incursions.
Sky-high oil prices are beginning to dent oil demand growth, the International Energy Agency said on Tuesday, but added prices could ultimately moderate through a global economic slowdown.
Moussa Koussa, the former Libyan foreign minister who defected to Britain almost two weeks ago, has flown to Qatar, according to the UK Foreign Office.
Amnesty International said it has new evidence of atrocities committed by soldiers loyal to Moammar Gaddafi, including the execution of rebel prisoners near the town of Ajdabiya.
US stocks are mixed on global worries ahead of the unofficial start of first quarter earnings season.
Brent and U.S. crude fell more than $1.50 a barrel on Tuesday in on concerns demand may wane on high fuel prices and after Goldman Sachs advised investors to lock-in trading profits before oil and other commodity markets reverse.
Long-term commodity bull Goldman Sachs warned clients on Monday to lock-in trading profits before oil and other markets reverse, with the bank's estimates suggesting speculators are boosting crude prices as much as $27 a barrel.
Libyan defector, former foreign minister Moussa Koussa has warned British officials that civil war could turn his country into “a new Somalia.”
