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Algeria

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  • Could the Algerian Terrorism Spread?     Friday, 18 Jan 2013 | 5:20 AM ET

    Helima Croft, geopolitical strategist at Barclays, draws attention to the vulnerability of the oil market if the Algerian groups targeted the Libyan energy facilities.

  • How Important Is Algerian Gas for Europe?     Friday, 18 Jan 2013 | 1:30 AM ET

    Neil Atkinson, director of energy research & analysis at Datamonitor, tells CNBC that Algeria is very important for the European oil and gas market, with countries like Italy taking about a third of their gas from the country.

  • Algerian Government Began Military Action     Thursday, 17 Jan 2013 | 7:45 PM ET

    CNBC's Michelle Caruso-Cabrera reports the chronology of the terrorist attack in Algeria and on the intervention by the Algerian government that has taken place already; saying as many as 7 U.S. citizens were involved in the situation.

  • Rio Tinto's New Chief to Turn Company Around?     Thursday, 17 Jan 2013 | 5:45 PM ET

    Jonathan Barratt, Founder, Barratt's Bulletin says Rio Tinto remains a takeover target but he thinks new CEO Sam Walsh can turn the company around.

  • Clinton Addresses Hostage Crisis in Algeria     Thursday, 17 Jan 2013 | 2:51 PM ET

    Secretary of State Hillary Clinton spoke with Algerian officials yesterday about the hostage crisis, reports CNBC's Michelle Caruso-Cabrera.

  • Oil Hits 4-Month High     Thursday, 17 Jan 2013 | 2:27 PM ET

    The crisis in Algeria is playing a role in oil's big surge today, with CNBC's Sharon Epperson.

  • American Hostages Status Unclear     Thursday, 17 Jan 2013 | 2:22 PM ET

    Breaking details on the Algeria hostage crisis, with CNBC's Michelle Caruso-Cabrera.

  • Algerian Army Moves on Terrorists     Thursday, 17 Jan 2013 | 10:11 AM ET

    CNBC's Michelle Caruso-Cabrera reports on a BP statement that it's been told the Algerian army is trying to take control of a natural gas site where terrorists are holding hostages, including Americans. (1:07)

  • Amrita Sen, chief oil analyst at Energy Aspects, tells CNBC that the instability in North Africa, with Islamic militants holding a gas facility hostage, could be quite negative for long-term investment in the region.

  • 41 Hostages Taken In Algeria, 3 Are American     Wednesday, 16 Jan 2013 | 7:25 PM ET

    Islamic militants have taken as many as 41 hostages, including 3 U.S. citizens, in Algeria, and the White House is calling this a "terrorist attack," reports CNBC's Michelle Caruso-Cabrera.

  • Algeria Attack Won't Change Oil's Risk Premium     Wednesday, 16 Jan 2013 | 5:40 PM ET

    Dominic Schnider, Head of Commodity Research, UBS Wealth Management warns investors not to expect a drastic rise in oil's risk premium as a result of the Algerian attacks. He expects a $3 to $4 increase.

  • American Hostages In 'Terror Attack': Panetta     Wednesday, 16 Jan 2013 | 2:13 PM ET

    There has been a "terrorist attack" on a gas facility in Algeria where Americans are among 41 people being held hostage by Islamic militants. Helima Croft of Barclays, offers insight.

  • Sen. Coons on Algerian Gas Facility Attack     Wednesday, 16 Jan 2013 | 2:03 PM ET

    Secretary of Defense Leon Panetta has confirmed Americans and others are being held by Islamic militants after what he calls a "terrorist attack" occurred at a natural gas facility in Algeria. Senator Chris Coons (D-DE), offers insight.

  • Panetta: 'Terrorist Attack' In Algeria     Wednesday, 16 Jan 2013 | 2:00 PM ET

    CNBC's Michelle Caruso-Cabrera reports Secretary of Defense Leon Panetta said an overnight attack on the natural gas facility in Algeria "was a terrorist attack," and confirms that Americans and others are being held by Islamic militants. (1:48)

  • Americans Reportedly Taken Hostage in Algeria     Wednesday, 16 Jan 2013 | 1:25 PM ET

    U.S. citizens are among 41 people reportedly taken hostage at a BP field in Algeria, reports CNBC's Michelle Caruso-Cabrera.

  • Breaking News: Americans Taken Hostage     Wednesday, 16 Jan 2013 | 12:25 PM ET

    A number of Americans are among 41 people taken hostage, reports CNBC's Michelle Caruso-Cabrera.

  • Hints of Competitiveness in Recession-Hit Spain Tuesday, 15 Jan 2013 | 7:14 AM ET
    Demonstrators take part in a protest against government's health cuts and privatisation plans in Madrid on December 16, 2012.

    Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.

  • Superstorm Sandy blows gasoil bubble away Friday, 2 Nov 2012 | 1:09 PM ET

    *Stocks build in Europe as refinery maintenance ends. Middle distillates inventories, which include heating oil, diesel and jet, had been running at multi-year lows in both the United States and Europe- threatening to ramp up heating bills for households in the event of an early cold snap.

  • Program pairs U. Mich. experts with entrepreneurs Thursday, 25 Oct 2012 | 12:23 AM ET

    ANN ARBOR, Mich.-- Fourteen Middle Eastern and North African entrepreneurs are at the University of Michigan as part of a State Department- sponsored program that partners university experts with area community organizations. The program participants are from Algeria, Egypt, Israel, Morocco and Tunisia.

  • Algeria to contribute $5B to IMF Thursday, 11 Oct 2012 | 2:44 PM ET

    ALGIERS, Algeria-- Algeria's Finance Ministry and central bank have announced the country is contributing $5 billion to the International Monetary Fund. In April, Algeria said the IMF had asked for Algeria's participation in the international lending institution. Algeria is the third largest supplier of natural gas to Europe after Russia and Norway.

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