US stocks waver as Libya tensions weigh
U.S. stocks wavered between small gains and losses on Wednesday as oil prices remained near $105 a barrel amid reports of intensified fighting in Libya.
Squatters occupy London mansion owned by Gaddafi's son
Squatters have entered and occupied a house in London that is believed to be owned Saif al-Islam Gaddafi, son of the Libyan leader, according to the Metropolitan Police.
Gaddafi jets bomb Ras Lanuf oil port
Moammar Gaddafi-backed forces have reportedly launched fresh air strikes on the key oil port city of Ras Lanuf, raising fears about the vulnerability of local gas facilities and a possible humanitarian catastrophe.
US stocks open lower as oil weighs
US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.
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EIA lifts oil, gasoline price forecast
The U.S. Department of Energy forecasts oil prices to average $105 a barrel in 2011, and said there is a 25 percent chance that gasoline prices will exceed $4 a gallon this summer.
Gaddafi warns of plot to colonize Libya
Even as calls for the intervention of the U.S. and the western forces in the Libyan crisis gained momentum, besieged Libyan leader Muammar Gaddafi has said there is a foreign plot to colonize his country.
Gaddafi reportedly waiting to speak to foreign reporters at Tripoli hotel
Moammar Gaddafi is in a hotel in Tripoli filled with foreign reporters and will speak to them sometime tonight, according to CNN.
Rebel group gives Gaddafi 72 hours to quit, amidst rising confusion in Libya
If Moammar Gaddafi steps down from power within the next 72 hours, rebels in Libya will not seek to prosecute for crimes they believe he has committed, according to a report in Al Jazeera.
Petraeus “jokes” about bombing Libya
General David Petraeus, commander of NATO troops in Afghanistan, was caught on microphone “joking” with Defense Secretary Robert Gates about taking military action against Moammar Gaddafi and bombing Libya.
US economic recovery could skid on oil: IHS
The spreading unrest in the Middle East's oil exporting countries could push crude prices higher, resulting in a huge blow to the U.S. economy which is otherwise looking good, according to an analyst.
Rebels reject Gaddafi's alleged peace deal
Confusion reigns in Libya over whether Moammar Gaddafi offered rebel leaders a peace deal or not.
Gaddafi seeks deal to exit
Libyan leader Muammar Gaddafi was looking for an agreement allowing him to step down, said Al Jazeera quoting sources in the governing council.
Persian Gulf states support no-fly zone over Libya
The six Persian Gulf states have expressed their support for the establishment of a no-fly zone over Libya, while the U.S., U.K. and France try to hammer out an agreement with the United Nations for just such a measure.
Iran Quietly Allows YouTube Access
After 19 months, the Iranian government restored access to YouTube, roughly coinciding with the anniversary of the Islamic revolution.
Who are the people of Libya?
For most outsiders, Libya means just two things: oil and Moammar Gaddafi. But Libya is much more than that.
US, NATO weighing options over Libya: Obama
President Barack Obama said the U.S. and its NATO allies are weighing wide range of potential options (including military intervention) to pressure Libyan leader Moammar Gaddafi from committing any further acts of unacceptable against the opposition rebels.
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.
Libyan Internet Shows Signs Of Life
Isolated spikes of Internet activity showed up in Libya over the weekend, according to Google's Transparency Report, but it is intermittent and Libya is still largely cut off from the rest of the world.
Gaddafi negotiating his exile, wants his safety guaranteed: Asharq Alawsat
Libya leader Muammar Gaddafi has told the opposition government that he’s willing to give up power and leave the country if the safety of him and his family is guaranteed.
US stocks retreat as tech shares weigh
U.S. stocks turned lower on Monday, led by declines from technology and consumer-discretionary companies as oil prices remained near $105-a-barrel amid ongoing political tensions in Libya
Usher to return money made at Gaddafi family party
Usher is the latest celebrity to say that he will return the money he was paid for performing at a Gadaffi family party in St. Barts.
Gold climbs to record as Mideast violence flares
Gold climbed to a record high above $1,440 an ounce on Monday as the threat of violence spreading in the Middle East and North Africa pushed oil prices to 2-1/2 year highs and burnished the metal's safe-haven appeal.
More illegal migrants from North Africa arrive in Italy, fleeing unrest
About 1,000 illegal migrants fleeing unrest in North Africa have landed on the Italian island of Lampedusa overnight in a dozen or so boats, intensifying fears that a massive influx of people from Tunisia, Libya and other places will soon reach Europe’s shores.
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.
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.
Kenya shilling steady, energy sector weighs
The Kenyan shilling was steady against the dollar on Monday, and traders said it was likely to weaken due to demand for dollars from oil importers.
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