Nabil Fahmy, Egypt's foreign minister, says America's influence in the Middle East will diminish if it fails to engage with the region¿s problems.» Read More
Famously outspoken shoemaker Kenneth Cole says he writes all the tweets signed "KC" that come from the @KennethCole Twitter account.
In light of the political turmoil in Egypt and the possible threat to Suez Canal shipping, rising oil prices and a tightening oil market are concerns of the International Energy Agency (IEA), its executive director, Nobuo Tanaka, told CNBC Thursday.
Joe Weisenthal, of Business Insider, sent out the following offhand tweet about an hour ago: "Pro tip: If you're on the ground in a riot zone, be sure to always sign off by describing the situation as 'fluid'"
I wrote earlier about the difficulty in predicting the future structure and alliances of the Egyptian military. And of the fundamental unknowability of weather.
As violence has broken out in Egypt, concern has turned to the risk of the blocking of the Suez Canal or nearby pipelines, which could pose a threat to world energy supplies, the New York Times reports.
More social and political turmoil is likely in the future so commodities prices will continue rising, renowned investor Jim Rogers, CEO of Rogers Holdings, told CNBC.
Like a warning curl of smoke, inflation talk is working its way through financial markets.
Stocks closed narrowly mixed with the major indices ending above key thresholds as investors focused on troubles in Egypt, shrugged off good job news, and took a breather after the market posted new multi-year highs on Tuesday. Disney rose, while Home Depot fell.
Stocks were narrowly mixed ahead of the close, but still remained within a narrow trading range, as investors focused on unrest in Egypt and took a breather after the market posted new multi-year highs on Tuesday. Disney rose, while Home Depot fell.
Plus, cloud stocks are making a comeback and why investors shouldn’t be concerned about Europe.
The exchange-traded fund that aims to track the Egyptian stock market is on fire again today.
In retrospect, Tuesday’s big rally in the stock market wasn’t hard to figure out. The market did what it almost always does the first day of the month.
Stocks struggled for direction on Wednesday as clashes between government supporters and protesters in Egypt weighed on the market amid news of a better-than-expected gain in private-sector hiring last month. Merck and BofA fell, while Disney rose.
As the situation on the ground in Egypt continues to destabilize—with riots breaking out in Tahrir Square earlier this afternoon Cairo time—there is much discussion of the critical role the military will play in Egypt in the days and weeks to come. Among policy analysts who seem to agree on little else, there appears to be a consensus on this: The military will play a key role in determining the future of the Egyptian nation.
A little over nine years ago, one of the biggest stories in international affairs was Thomas E. Ricks’ Page One story in the Washington Post a briefing given to a Pentagon advisory group that characterized the Saudi ruling family as enemies of the United States.
Steve Sailer points out why our aid to Egypt doesn’t seem to buy us as much loyalty as it once might have.
Some pensioners are able to withdraw money from ATMs in Egypt, but the stock exchange will remain closed until "calm is restored to the street," newly-appointed Egypt Finance Minister Samir Radwan told CNBC Wednesday.
With the Middle East in the background, financial markets are turning their attention to Friday's jobs report and other U.S. economic data slated for this week.
President Barack Obama told Hosni Mubarak on Tuesday an orderly transition of power in Egypt "must begin now" in remarks critical of the Egyptian leader's plan to stay in office six more months.
"What happens is the market moves on, and it has in every event," one pro says. "Unless there is a growing concern of contagion that affects the oil markets, the market will go on now."