Protests in Yemen intensify; president blames U.S., Israel
Continuing anti-government protests has brought tens of thousands of people to the capital of Yemen, again demanding the resignation of President Ali Abdullah Saleh, one day after he proposed the formation of a new unity government which would include opposition members.
Indian court sentences 11 Muslims to death for 2002 train fire
An Indian court has sentenced eleven Muslim men to death for setting fire to a passenger train in 2002 that killed dozens of people, mostly Hindu pilgrims.
Britain may arm Libyan rebels
During an exchange in the British House of Commons, Prime Minister David Cameron said that his number one priority is to remove Moammar Gaddafi from power and that his government may arm the opposition in Libya, according to The Financial Times.
Stocks finish February strong, boosted by Buffett's bullishness
U.S. stocks got a boost from some bullish comments by uber-investor Warren Buffett over the weekend and a number of M&A deals. The stock market rose in February, marking the third consecutive month of equity price gains.
British Airways IT worker convicted of terrorism charges
A British Airways IT expert who conspired to blow up an airplane has been convicted of terror charges.
Where are Iran opposition leaders Mousavi and Karroubi?
There are conflicting reports about the current whereabouts of Iran’s two most prominent opposition leaders, Mir Hossein Mousavi and Mehdi Karroubi.
Teachers in California facing the axe as budget battle looms
Over the next two weeks, thousands of teachers across California may be fired as school districts sweat out the cuts proposed by Governor Jerry Brown.
“My people love me”: Gaddafi
In an interview with BBC, Gaddafi claims he is loved by all of his people and denied that any anti-government protests have occurred in the capitol, Tripoli, which remains a Gaddafi stronghold.
A new type of culture clash: American workers vs. foreign managers
While Republican lawmakers in Wisconsin and certain other states are seeking to curtail the power and influence of public sector unions, a different kind of labor dispute is taking place in Philadelphia which may be an augur for U.S. employee-management relations in the future.
Risk Aversion Has Been Well Contained
Despite the fact that volatility has increased since the start of the Egyptian crisis on January 25th, true risk aversion seems to have been well contained.
France to send medical aid to Libyan opposition
Smarting from criticism that some of its top officials have had too cozy a relationship with foreign despots, the French government said it is sending medical aid via airplanes to Benghazi in eastern Libya to help groups opposed to Moammar Gaddafi.
Select quotes from Bernard Madoff in magazine interview
Convicted hedge fund swindler Bernard Madoff gave an interview to New York Magazine, in which he discussed a number of subjects, including government regulatory reform, prison life and his family. Here are some choice quotes from the interview:
Mubarak and family banned from traveling out of Egypt
The public prosecutor of Egypt has imposed a travel ban on former President Hosni Mubarak and his family, according to a spokesman for the prosecutor’s office.
Tunisian PM steps down amidst growing protests
The interim Prime Minister of Tunisia, Mohammed Ghannouchi, has resigned amidst demands by protesters for the removal of all figures associated with the ousted regime of former President Zine al-Abidine Ben Ali.
Migrants pour into Tunisia fleeing Libyan crisis
An international refugee crisis is developing on the Libya-Tunisia border as thousands of people are pouring into Tunisia, fleeing the carnage in neighboring Libya.
Obama calls on Gaddafi to step down from power
President Barack Obama has called Moammar Gaddafi to step down as leader of Libya, citing that the regime’s brutal crackdown on protesters questions the legitimacy of his rule
Mideast unrest spreads to Oman; 2 killed in protests
Unrest in the Middle East has now apparently reached the Persian Gulf kingdom of Oman where two people are reported to have died following clashes between state security officers and anti-government protesters. Another ten people were wounded by police firing rubber bullets and tear gas, according to reports.
Suicide grenade attack kills 1 in Moscow
A suicide grenade attack outside a Moscow supermarket killed only the perpetrator, according to Russian news agencies.
Iraq’s biggest oil refinery shut down after attack
Gunmen have attacked and bombed Iraq's largest oil refinery, Baiji, shutting down the facility and killing at least five employees
RAF rescues 150 workers from Libyan desert
Two Hercules transport aircraft of the British Royal Air Force (RAF) have rescued about 150 workers, mostly Britons, from the Libyan desert, and carried them safely to the Mediterranean isle of Malta.
Tunisia’s interim regime faces unrelenting protests
Tunisian government troops have fired tear gas and warning shots into a crowd of hundreds of protesters staging a rally outside the interior ministry in the capital Tunis.
Ruling Fianna Fail party suffers huge defeat in Irish elections
Early results from Ireland’s national election suggest that the ruling Fianna Fail party has incurred a huge defeat from voters enraged by the government’s austerity budget months after it received a massive 85-billion euro bailout package from the European Union/International Monetary Fund.
Gaddafi digs in for long battle, defies international condemnation
In defiance of almost universal condemnation for his actions, Libyan leader Moammar Gaddafi is reportedly raising the stakes by arming his supporters in Tripoli for a long and exhaustive battle against armed rebels who are reportedly encroaching upon the capitol.
Huge anti-government protests sweep across Yemen
In yet another anti-government protest in the Middle East, at least 100,000 people rallied across the impoverished Arab nation of Yemen on Friday, demanding democratic reforms.
At least 11 killed in anti-government protests in Iraq
Anti-government protests in Iraq have resulted in the deaths of at least eleven people as thousands of demonstrators rallied on Friday across the country to express a day of rage.
Stocks deliver worst week since November as Libyan crisis escalates
U.S. stocks climbed on Friday, reversing a three-day sell-off on the deepening Libyan crisis, as oil prices appeared to have stabilized after Saudi Arabia increased its oil output.
George Harrison sings “My sweet lord” At Concert for Bangladesh (VIDEO)
In the summer of 1971, George and his friend Ravi Shankar organized the now=-legendary Concert for Bangladesh to raise money to help feed and clothe the millions of refugees displaced from civil war in what was then East Pakistan.
UN human rights council seeks to suspend Libya, orders probe into abuses
The United Nations Human Rights Council has condemned the ongoing violence in Libya and ordered an international probe into alleged abuses carried out by government forces against protesters.
Ex-Minister urges Gaddafi to quit
Libya’s former Interior Ministers is urging Moammar Gaddafi to resign in the face of massive resistance against the embattled leader
Another huge anti-government rally in Bahrain
Tens of thousands of anti-government Bahrainis assembled in the capital city of Manama on the twelfth straight day of the tiny nation's protests demanding democratic reforms, including a new constitution, and the establishment of more rights for the dispossessed Shia majority.