Venezuela denies Gaddafi is flying into exile there
A senior government official in Venezuela has denied such reports of Gaddafi’s alleged arrival in the country, ruled by his friend and ally President Hugo Chavez.
As Greece seeks closer ties to Israel, anti-Semitism rears its ugly head
While the Greek government seeks to establish closer diplomatic ties with Israel (in the wake of a cooling of relations between Israel and Turkey), incidents of anti-Semitism are rising in Greece, inflamed by the deepening economic crisis.
Libya denies reports Gaddafi has fled to Venezuela
The son of Moammar Gaddafi has denied media reports that his father has fled Libya for Venezuela.
Seif al-Islam Gaddafi said his father remains in Libya.
BP suspends Libyan operations; but some other oil majors remain on normal schedule
BP plc (NYSE: BP) has announced that it is suspending its drilling activities in Libya due to the rising tide of political violence in that country and also plans to evacuate non-essential staff and their families.
UK PM visits Egypt, urges path to democracy
The British Prime David Cameron has arrived in Egypt, only ten days after the ouster of former President Hosni Mubarak, making him the first foreign leader to visit the county embarking on a transition to a new government.
Iceland president demands referendum on new Icesave repayment deal
The president of Iceland has called for a referendum on a proposal to repay 4-billion euros to citizens of Britain and the Netherlands in connection with the collapse of the Icesave bank.
Sudanese President will not seek re-election
Perhaps wary of the unrest that has swept over his country’s Arab neighbors to the north, the president of Sudan, Omar al-Bashir will not seek re-election in four years, according to Rabie Abdel Ati, a senior official of the ruling National Congress Party (NCP).
At least 40 murdered over weekend in Ciudad Juarez, Mexico
An astonishing 40 people (at least) were murdered in drug-related killings in the Mexican city of Ciudad Juarez over the weekend, according to the office of the state attorney general.
Libyan unrest spreads to Tripoli amidst rumors Gaddafi has fled to Venezuela
Anti-government protests in Libya have spread to the capitol of Tripoli, amidst rumors that the country’s dictator Moammar Gaddafi has fled into exile in Venezuela.
Arab unrest spreads to Morocco
Political unrest in the Middle East has now spread to the westernmost outpost of the Arab world, in the North African kingdom of Morocco.
Bahrain protesters demand reforms ahead of talks with government
Amidst the deepening turmoil in the tiny Arab kingdom of Bahrain, opposition groups said they will not enter into negotiations with the ruling monarchy until some of their demands are satisfied.
Sarah Palin urges Wisconsin unions to make sacrifices (FULL-TEXT)
Potential 2012 Republican presidential candidate Sarah Palin wrote the following letter on her Facebook page, expressing her solidarity with the union movement, but warning of the need to make sacrifices.
Killings mount in Libya
Reports have emanated of intense violence in the port city of Benghazi, Libya where security forces have killed many dozens of anti-government demonstrators, including women and children.
Algerian police break up anti-government protest
Security forces in the capital of Algeria have prevented an anti-government demonstration from taking place by forcibly dispersing opposition groups, including human rights organizations and trade unions.
Britain suspends arms exports to Bahrain, Libya
In response to the escalating violence in Bahrain and reports of the local security forces shooting protestors, the British Foreign Office has revoked 44 licenses for the export of arms to the embattled Persian Gulf kingdom.
Most Americans don’t support unions for public workers: poll
Clarus' nationwide study found that 64 percent of American people think state workers should not be able to join labor unions.
Deaths reported in ongoing Yemeni demonstrations
At least three people have died in clashes in Yemen as anti-government protests enter their second week, demanding the immediate resignation of President Ali Abdullah Saleh.
Dow scores third straight week of gains
U.S. stocks rose Friday, marking the third straight week of market gains, as investors warily watch continuing unrest in the Middle East and North Africa, along with the start of a two-day meeting of G20 finance ministers and central bankers in Paris.
G20 negotiators fail to reach indicators accord-source
Group of 20 negotiators have failed to reach agreement on a list of indicators by which to measure imbalances in the global economy and will leave it up to their finance ministers to try and seal a deal on Saturday, a G20 source said.
Sarkozy urges G20 ministers to embrace change in Tunisia, Egypt
Nicholas Sarkozy is urging G20 finance ministers gathering in Paris to offer their support for the transitional governments in Egypt and Tunisia as they gradually move toward democracy.
Mideast unrest spreads to tiny Djibouti
The unrest roiling through the Middle East and North Africa has now spread to the tiny nation of Djibouti, where thousands of people have gathered on the streets to demand the immediate resignation of President Ismael Omar Guelleh.
G20 draft communique lists four indicators: Russia
A draft statement by Group of 20 finance ministers lists four indicators including the current account for measuring global imbalances, Russia's deputy finance minister said on Friday.
Bahrain security forces shoot protesters: reports
Security forces in Bahrain have reportedly shot protesters attending a funeral for victims of yesterday’s clashes as anti-government unrest appears to be spiraling in the tiny Persian Gulf nation. Other reports sat that government soldiers fired tear gas at the demonstrators.
Unrest expanding in Libya
The ruler of Libya, Colonel Moammar Gadhafi, has deployed security forces throughout the country to quell further unrest in the country following the deaths of at least two dozen protesters in rallies across the count
Marine Le Pen: the feminine face of France’s extreme-right wing
International Business Times spoke with Douglas Yates, a professor of political science at the American Graduate School in Paris as well as The American University of Paris, about the Front National (FN) and its charismatic new female chief.
Egypt detains ex-ministers on corruption charges
An Egyptian prosecutor has ordered the arrest of three former government ministers and a prominent businessman on suspicion they wasted public funds, in a bid to appease the outrage of ordinary Egyptians over corruption in Hosni Mubarak’s regime.
Ben Bernanke’s speech on global imbalances, in Paris (FULL-TEXT)
Federal Reserve Chairman Ben S. Bernanke’s prepared remarks at the Banque de France Financial Stability Review Launch Event, Paris, France, Feb. 18, 2011
German defense minister ensnared in plagiarism scandal
Germany’s defense minister has found himself in a quagmire over allegations that he plagiarized portions of his doctoral thesis.
Harvard scholar weighs in on Middle East turmoil
Dr. Paul Beran, the Outreach Director at the Center for Middle Eastern Studies at Harvard University is a researcher, writer and teacher on civil society in the Middle East. International Business Times spoke with Beran to discuss the current unrest in the region.
Reports of anti-government clashes and deaths in Libya
Reports are coming out of Libya of increased anti-government protests which have left at least sixteen people dead, as activists have called for a “Day of Rage” through social networking sites.