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Oil slides as mega quake, tsunami swipe Japan

Brent crude futures fell below $113 on Friday as a massive earthquake rocked Japan, creating a 10-meter tsunami and shutting down dozens of plants in the world's third-largest oil consumer.
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IMF: Signs of overheating in emerging markets

Emerging market economies that powered the global recovery may be growing too fast for their own good as inflation pressures build, a top International Monetary Fund official said on Monday.

There Are No Good Outcomes in The Oil Game

There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
Tunisian volunteers hand out food and water to Bangladeshi migrant workers at a refugee camp near the Libyan and Tunisian border crossing of Ras Jdir

UN to send team to Libya to assess humanitarian crisis

The United Nations said it will be sending a team of specialists to assess the humanitarian crisis in Libya, as thousands of foreigners remain trapped in the country and fighting intensifies between forces opposed to and loyal to Moammar Gaddafi.
A female anti-government protester holds a banner during a protest at the Bahrain Financial Habour in Manama

Protests in Bahrain drag on into fourth week

Anti-government protests are escalating in Bahrain, as demonstrators have already marched on the U.S. embassy are now assembling before the main financial hub of downtown Manama.
Tunisian interim prime minister Beji Caid Sebsi speaks during a news conference in Tunis

Tunisia names six new cabinet ministers

Following a string of high-profile resignations, Tunisia's interim prime minister has named a new cabinet, amidst continued public outrage over too many top officials have close ties to the deposed former President Zine El Abidine Ben Ali.
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Fed cannot rule out more bond buys says Lockhart

The Federal Reserve cannot rule out expanding its $600 billion stimulus as political upheaval in the Middle East and North Africa heighten U.S. economic uncertainty, a top Fed official said on Monday.
Civil war fears grow in Libya as Gaddafi gains ground

Libya lurches closer to civil war

Fears of a civil war and a looming humanitarian crisis grew in Libya as forces loyal to Muammar Gaddafi escalated attacks on rebel-held cities in a bid to recapture control, causing dozens of deaths and mass exodus of people.
Anti-government protesters hold placards in front of Bahrain's prime minister's palace

Bahrain prince warns against protest escalation

Bahrain's crown prince warned all sides against escalating a standoff with disgruntled majority Shi'ites seeking an elected government in the Gulf Arab kingdom, asking for patience ahead of a national dialogue.
Anti-Gaddafi rebels retreat after a mortar attack by pro-Gaddafi forces

Gaddafi counter-offensives raise civil war fears

Troops loyal to Muammar Gaddafi have launched counter-offensives against rebel-held towns, increasing fears that Libya is heading for a civil war rather than the swift revolutions seen in Tunisia and Egypt.
China's population grows older and more urban

Beijing says jasmine protest calls doomed to fail

Calls for Jasmine Revolution protests in Beijing are doomed to fail as people want peace and stability and government policies are popular, a spokeswoman for the city's government said on Sunday.
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Oil surges as Libya clashes intensify

U.S. crude prices jumped to their highest since September 2008 on Friday and Brent rose above $116 a barrel as Libyan security forces cracked down on protesters in Tripoli and clashed with rebels near the major oil terminal of Ras Lanuf.
Bangladeshi evacuees walk away from the border after fleeing unrest in Libya

Bangladeshi workers desperate to flee Libya

Many Bangladeshis remain stuck in Tripoli and other cities, but cannot leave due to the extremely volatile situation between pro- and anti-Gaddafi forces; while others have struggled to cross into neighboring Tunisia.

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