The missing tank—filled with $100 million of disputed oil—is the latest development in a risky game of cat-and-mouse between Baghdad and the Kurds.» Read More
LONDON, July 17- A Malaysian airliner was brought down over eastern Ukraine on Thursday, killing all 295 people aboard and sharply raising the stakes in a conflict between Kiev and pro- Moscow rebels in which Russia and the West back opposing sides.
Before fighting in Gaza can end, Hamas may need to address a problem—its payroll.
*Gaza death toll hits 216 after more air strikes. GAZA/ JERUSALEM, July 16- Israeli shelling killed four Palestinian boys on a Gaza beach on Wednesday, an incident the military called tragic, and Israel and Hamas said they would cease attacks for five hours on Thursday for a humanitarian truce requested by the United Nations.
GAZA/ JERUSALEM, July 16- Israeli shelling killed four boys on a Gaza beach on Wednesday, a local health official said, and Palestinian militants fired a further 70 rockets into Israel after a failed Egyptian attempt to halt more than a week of warfare.
*Experts see Israel mounting tunnel-hunting missions. GAZA/ JERUSALEM, July 16- Israel urged the evacuation on Wednesday of several Gaza Strip areas where more than 100,000 people live, threatening ground operations after briefly holding fire under an Egyptian truce proposal that failed to stop Palestinian rocket salvoes.
GAZA/ JERUSALEM, July 16- Israel resumed its air strikes in the Gaza Strip on Wednesday a day after holding its fire in deference to an Egyptian-proposed cease-fire deal that failed to get Hamas militants to halt rocket attacks.
*United States condemns Hamas for rocket fire. GAZA/ JERUSALEM, July 16- Israel resumed its air strikes in the Gaza Strip on Wednesday a day after holding its fire in deference to an Egyptian-proposed cease-fire deal that failed to get Hamas militants to halt rocket attacks.
*Gold inches up after biggest daily drop since Dec. LONDON, July 15- Gold steadied on Tuesday, but traded near its lowest in almost four weeks as investors monitored the Federal Reserve chief's testimony to the U.S. Congress for more clues on the timing of an interest rate increase.
GAZA/ JERUSALEM, July 15- Israel resumed air strikes in the Gaza Strip on Tuesday, six hours after agreeing to an Egyptian-proposed truce that failed to halt Hamas rocket attacks. "Hamas has fired 47 rockets since we suspended our strikes in Gaza.
*Espirito Santo shares hit record new low. LONDON, July 15- European stocks and the euro fell on Tuesday after shares in Portugal's biggest listed bank hit a record low, while a plunge in German economic sentiment pushed up borrowing costs for some peripheral euro zone countries.
*Hamas leader in Cairo says group undecided over truce. GAZA/ JERUSALEM, July 15- Hamas militants fired volleys of rockets from the Gaza Strip on Tuesday, drawing a threat by Israel to abandon an Egyptian-proposed truce it had unilaterally accepted.
*Gold edges up after biggest daily drop since Dec. LONDON, July 15- Gold rose on Tuesday as European equities moved lower, but was still trading near its lowest level in almost four weeks ahead of the Federal Reserve's Chair testimony to U.S. Congress that should give more clues about the timing of an interest rate hike.
*Hamas leader in Cairo says group undecided over truce. GAZA/ JERUSALEM, July 15- Palestinian militants fired rockets at Israel on Tuesday after it agreed to an Egyptian proposal to end the week-old Gaza conflict, and a Hamas leader said the Islamist group was still undecided on whether to accept the ceasefire.
The pan-European FTSEurofirst 300 share index rose 0.1 percent, with benchmark indexes in Frankfurt, Paris and London trading flat to 0.3 percent higher, held back by a weaker technology sector as Germany's Software AG fell 15 percent after cutting forecasts.
SEOUL, July 15- U.S. crude futures edged up to over $101 a barrel on Tuesday as intensifying conflicts in Libya and Iraq rekindled concerns of supply disruption from the two OPEC members and projections that last week's U.S. crude inventory fell.
Graeme Bannerman, Scholar at the Middle East Institute, says a ceasefire proposal from Egypt indicates an "international concern that the situation in Gaza is getting out of control."
Egypt looks quite stable when compared with the other tensions in the region. However, some new policies may have been implemented too soon, CNBC's Hadley Gamble reports.
The new Egyptian government is "very powerful and brave" says Naguib Sawiris, chairman of Orascom Telecom and Media, after it took unpopular decisions to deal with the weak economy
Naguib Sawiris, chairman of Orascom Telecom and Media, says that he's "very optimistic" about investing in Egypt.
The Middle East is in a "big mess" at the moment says Naguib Sawiris, chairman of Orascom Telecom and Media, criticizing U.S. strategy in the region.