CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Downward pressure on stocks drove down oil prices today. Nat gas was up slightly on the day, albeit in a tight range. And gold was up slightly on the day, closing at $1,284.60.» Read More
The Libyan government announced an immediate cease fire on Friday morning—just hours after the U.N. authorized the use of force against the Qaddafi regime to protect civilians.
Here's what you should be watching Friday, March 18.
Discussing whether the U.S. has done enough, with Helima Croft, Barclay's and Gen. Wesley Clark, former NATO Supreme Allied Commander.
It is often said that a picture speaks a thousand words, but these images arguably speak volumes about the violence and political turmoil in Libya and Bahrain.
This week's market action has left a lot to be desired. But given everything that is going on, we should probably be thankful. After falling some 4-5% from its recent highs, the S&P 500 remains in positive territory for the year.
"A sense of calm with an undercurrent of mild panic," is how one Bahraini described the scene at Bahrain International Airport Thursday morning,after the Bahrain Defense Force (BDF) cleared the country's Pearl Roundabout area of anti-government protestors, killing at least three people.
From Liberia to South Africa to the island of Madagascar, Libya’s holdings are like a giant venture capital fund, geared to make friends and wi n influence in the poorest region in the world. The NYT reports.
Japan is facing a potential nuclear disaster, particularly since a fire caused the release of large amounts of radiation into the air. Discussing whether an earthquake and resultant tsunami, with Buzz Miller, Southern Company.
The International Energy Agency says Libyan oil exports have "ground to a halt" because of the fighting between rebels and forces loyal to Libyan leader Moammar Gadhafi.
The U.S. State Department urged U.S. citizens on Tuesday to defer travel to Bahrain and suggested Americans there should leave due to ongoing political and civil unrest.
Discussing the rise in oil and gas prices and why now is the time to take action, with Larry Dickerson, Diamond Offshore Drilling president/CEO and Larry Nichols, Devon Energy executive chairman.
Pressure is building for the US to take action in Libya.
Discussing investors' questioning the markets as stocks sell off, with Frank Gannon, The Royce Funds and Uri Landesman, Platinum Partners.
Forces from Gulf Arab countries will help with maintaining order in Bahrain and some forces have already arrived in the country, according to press reports.
The leader of Libya’s rebellion has warned countries that have failed to support the uprising against Muammer Gaddafi that they would be denied access to Libya’s vast oil riches if the regime is deposed, the Financial Times reports.
Japan faces earthquake aftermath and nuclear emergency, Gaddafi wins gains against rebels, and the Rajaratnam trial continues.
Here’s the complete transcript of Maria Bartiromo’s exclusive interview with Prince Alwaleed bin Talal al Saud.
Citigroup’s shakiest days are over, Saudi Prince Alwaleed bin Talal al Saud, the biggest single individual shareholder of the bank’s stock and chairman of Kingdom Holding Company, which also holds Citi stock, told CNBC Friday.
CNBC's Bertha Coombs reports that traders were focused on the Middle East and China until the earthquake hit Japan. Expectations are that demand will be hit and, as a result, crude settled down today. And because the nuclear plants in Japan were shut down, natural gas received a boost.
Saudi Arabia has handed out about $37 billion, while Oman, Bahrain, Libya and Kuwait have boosted domestic spending up to 4 percent of GDP. The result is the sovereign wealth funds are less able to invest overseas.