If Saudi Arabia begins to appears vulnerable, in the least, to publicly expressed internal discontent, $100 oil will look cheap in a hurry!
Epitaphs for the Mubarak government all note that the mobilizing power of the Internet was one of the Egyptian opposition’s most potent weapons. But quickly lost in the swirl of revolution was the government’s ferocious counterattack, a dark achievement that many had thought impossible in the age of global connectedness. The New York Times reports.
Wael Ghonim has officially “taken a leave” from his position at Google according to Google spokesperson, Jennifer Bloch.
With the resignation of Hosni Mubarak in Egypt, we now enter the dangerous “Thermidor” phase of the historic socio-political revolution begun in North Africa and Egypt, a revolt that is energizing citizens – especially young citizens – in other autocratic nations as well.
Egypt's military rulers called for an end to strikes and protests Monday as thousands of state employees, from ambulance drivers to police and transport workers, demonstrated to demand better pay in a growing wave of labor unrest unleashed by the democracy uprising that ousted Hosni Mubarak's regime.
A two-year collaboration of dissidents gave birth to a new force — a pan-Arab youth movement dedicated to spreading democracy in a region without it, the New York Times reports.
The stock market's easy glide higher could continue in the week ahead, as its steady advance draws in fresh money. But investors will continue to watch for signs of a pullback, now that the market is up nearly 6 percent since the start of the year.
Stocks ended higher Friday after Egyptian President Hosni Mubarak resigned in response to demonstrations against his rule, helping lift investor sentiment and uncertainties surrounding the country.
Stocks were poised to close the session higher Friday after Egyptian President Hosni Mubarak resigned in response to demonstrations against his rule, helping lift investor sentiment and uncertainties surrounding the country.
A furious wave of protest finally swept Egypt's President Hosni Mubarak from power on Friday after 30 years of one-man rule, sparking jubilation on the streets and sending a warning to autocrats across the Arab world and beyond.
The resignation of Egyptian President Hosni Mubarak Friday came after a tense standoff with the nation's top military officials incensed by his refusal to step down as expected Thursday evening, sources told NBC News.
The stocks and sectors that perform best when inflation hits anywhere in the world, with Thomas Lee, JPMorgan chief U.S. equity strategist.
Egyptian President Hosni Mubarak's stepping down has kicked off a massive celebration in Egypt, but the unrest there sure isn't helping the euro.
Stocks hit session highs and the dollar fell off its highs after Egypt’s Vice-President announced that President Mubarak “waives right to Presidency” and is stepping down. Markets in the U.S. and Europe broadly turned positive, after being mixed to negative for most of the day.
...China takes baby steps and Vietnam dings its dong—again. Here's your FX Fix.
The lack of a flight to the US dollar and Treasurys during the crisis in Egypt is a warning sign that investors are moving away from traditional American safety plays, Pimco's Mohamed El-Erian told CNBC.
Egyptian President Hosni Mubarak's vow to serve out his term has created a new level of uncertainty in an already tense situation.
Egypt's President Hosni Mubarakannounced Thursday that he would not step down until new elections are held in September. But he may have already lost control of his country.
Markets had a muted reaction to reports that Egyptian President Hosni Mubarak would step down, as the future path for Egypt is still uncertain.