ISRAEL

Egyptian youth leaders moved to set up a new political party on Thursday in the post-Mubarak era while a committee worked on changing the constitution to prepare for elections promised by military rulers within six months.

U.S. President Barack Obama's proposed 2012 Federal budget included proposals to improve the inefficiencies in government data centers. The budget outlines the adoption of cloud-computing and virtualization technologies to lower IT spending costs and increase agility.

What is happening in the Middle East is a major historical critical juncture, said Dilshod A. Achilov, a professor of political science at East Tennessee State University.

U.S. Stocks climbed, supported by some solid earnings reports and a number or M&A deal-making, as the Dow and S&P 500 reached 31-month highs.

Aaron David Miller, Public Policy Scholar at the Woodrow Wilson International Center for Scholars in Washington D.C. and an expert in U.S. Middle East relations speaks to International Business Times about the ongoing political unrest in the Middle East and North Africa.

Two Iranian warships planned to sail through the Suez canal en route to Syria on Wednesday, Israel said, calling it a provocation by the Islamic Republic.

The government of Israel said it is monitoring two Iranian warships which seeks to pass through the Suez Canal for Syria (an ally of Iran) and warn they might react to any provocation.

Some workers ignored a call by military rulers to return to work on Wednesday, and a committee hammered out changes in Egypt's constitution to pave the way for democracy to replace 30 years of Hosni Mubarak's iron rule.

Egypt's Muslim Brotherhood probably does not favor its country's peace treaty with Israel, but its views are not uniform and it will be only one voice in Egypt's emerging political lineup, the top U.S. intelligence official told a Senate hearing on Wednesday.

A video shown at the retirement part for the Israeli Chief of Staff may have revealed that Israel was behind the Stuxnet worm.

U.S. President Barack Obama on Tuesday condemned Iran's crackdown on protesters inspired by Egypt's popular uprising and urged friends and foes across the Middle East to take heed of their peoples' aspirations for democracy.

Iranian lawmakers called for the death penalty on Tuesday for opposition leaders they accused of fomenting unrest after a rally in which a least one person was killed and dozens were wounded, state media said.

Anyone wondering how veteran President Hosni Mubarak lost touch with Egyptian reality needs look no further than this Red Sea resort, where he took refuge after his overthrow last week by a popular uprising.

Egypt's generals are asserting their command over the country following the overthrow of President Hosni Mubarak, preparing on Monday to ban strikes and to warn they will act against chaos and disorder.

The Palestinian cabinet resigned on Monday, in an apparent attempt by President Mahmoud Abbas to demonstrate political reform in the wake of the popular uprising in Egypt.

Egypt's new military rulers have given indications of new moves to share power with civilians and rapidly to amend the constitution by popular referendum, opposition activists and a British minister said on Monday.

Egypt's military delivered an ultimatum on Monday to dozens of committed protesters in Tahrir Square, nerve centre of a movement that toppled Hosni Mubarak, to leave and let life return to normal or face arrest.

The Egyptian stock market, which has been closed since January 28 amidst civil unrest in the country, will not re-open until at least Sunday, February 20, state-controlled television reported.

The Palestinian cabinet will tender resignations Monday after which Prime Minister Salam Fayyad will select new ministers at the request of President Mahmoud Abbas, political sources said.

Egypt's new military rulers said on Sunday they had dissolved parliament, suspended the constitution and would govern only for six months or until elections took place, following the overthrow of Hosni Mubarak.

Fertiliser and specialty chemicals maker Israel Chemicals said on Sunday it had signed contracts with several customers in China to supply a total of 500,000 tonnes of potash in the first half of 2011.