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  • Knee-jerk reactions to catastrophes often fall wide of the mark, Stephen King, chief economist at HSBC told CNBC.

  • 'Business-Friendly Bahrain' Disappears; Ex-Pats Exit Thursday, 17 Mar 2011 | 8:38 AM ET
    Passengers line up for flights out of Bahrain at the country's airport March 17.

    "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.

  • Berlusconi: I'm Too Old for Sex With 33 Women Thursday, 17 Mar 2011 | 7:32 AM ET
    AC Milan Marks 25th Anniversary Of Berlusconi's Presidency - Party - Arrivals

    Premier Silvio Berlusconi has sat down with the enemy, telling an opposition newspaper that he is too old to have had all the sexual encounters he is accused of by Italian prosecutors.

  • Bahrain Fighting Moves from Roundabout to Villages Wednesday, 16 Mar 2011 | 10:38 AM ET
    Anti-government protestors open their arms in front of military vehicles near Pearl Square in Bahraini capital Manama, on March 16, 2011, after Bahraini police killed at least two protesters and wounded dozens more as they assaulted a peaceful protest camp in the capital's Pearl Square, an opposition party official said. AFP PHOTO/STR (Photo credit should read -/AFP/Getty Images)

    Manama's central financial district and the iconic Pearl Roundabout were quiet Wednesday night, despite earlier calls from opposition groups who said they planned to regain their presence there.

  • Bahraini Banker: Meritocracy, Not Nepotism, Needed Wednesday, 16 Mar 2011 | 3:32 AM ET

    abstract

  • Bahrain Military to Secure Capital Tonight: Sources Tuesday, 15 Mar 2011 | 3:50 PM ET
    A Bahraini anti-regime protester holds up a poster with a caricature image of Prime Minister Khalifa bin Salman al-Khalifa calling him a "war criminal" during a demonstration in the capital Manama.

    The Bahrain military plans to secure the country's capital Tuesday night, clearing the Pearl Roundabout where protests have been held since mid-February, and securing government buildings, sources in the country told CNBC.

  • IEA Says Libyan Oil Exports Halted Tuesday, 15 Mar 2011 | 7:43 AM ET

    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.

  • US State Dept Urges Americans to Avoid Bahrain Tuesday, 15 Mar 2011 | 4:09 AM ET
    Protesters run from a cloud of teargas during a clash with Bahraini security forces near the Pearl roundabout in Manama, Bahrain. Protesters said that the army fired on them with live rounds, followed by teargas which drove the demonstrators back. There are unconfirmed reports that there are four dead in the clashes.

    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.

  • A Bahraini anti-regime protester holds up a poster with a caricature image of Prime Minister Khalifa bin Salman al-Khalifa calling him a "war criminal" during a demonstration in the capital Manama.

    General confusion reigns and businesses prepare for another day off as Gulf Cooperation Council forces deploy in Bahrain.

  • Arab Gulf Forces Said to Deploy to Bahrain Monday, 14 Mar 2011 | 11:54 AM ET
    Bahraini anti-government protesters gather in Pearl Square, in Manama.

    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.

  • Tripoli Pours Old Notes Back in Circulation Thursday, 10 Mar 2011 | 4:41 AM ET
    Libyan leader Muammar Gaddafi

    Libya’s central bank has ordered banks to recirculate old currency in the first sign that the oil-rich north African state is facing liquidity problems amid international efforts to freeze the regime’s assets, reports the Financial Times.

  • Oil Spike Due to 'Market Pricing in Risk': Exxon CEO Wednesday, 9 Mar 2011 | 3:33 PM ET

    The spike in the price of an oil barrel has been caused by “market pricing and risk premium on the future oil supply,” not a lack of supply, Rex Tillerson, CEO and chairman of Exxon Mobil, told CNBC Wednesday.

  • TARP Police! Step Away From the Bailout Money! Wednesday, 9 Mar 2011 | 12:33 PM ET

    The inspector general for TARP has 45 investigators across the country empowered to carry guns and badges, and 27 vehicles with sirens and lights. Known as SIGTARP agents, they are empowered to make arrests, and they’ve done just that 23 times, a spokesman said.

  • Concerns Over Latest EU Bank Stress Tests Wednesday, 9 Mar 2011 | 1:37 AM ET

    Key parts of a stress test for European banks designed to raise investor confidence in the sector have been softened by regulators despite widespread derision of a similar exercise last year, which was seen by financial markets as too lax, reports the Financial Times.

  • Mideast Oil Production Still Strong: Energy CEO Tuesday, 8 Mar 2011 | 1:34 PM ET

    Throughout the recent unrest in the Middle East, virtually no oil production has been affected, save in Libya, Sara Akbar, CEO of Kuwait Energy, told CNBC Tuesday.

  • Can It Be? Euro Fatigue Is In the Air Tuesday, 8 Mar 2011 | 11:39 AM ET
    Euros at an angle

    After trading higher for days, the euro is giving up ground. Instead of focusing on potential interest rate hikes, traders are looking ahead to the upcoming European leaders' meeting and the stubborn sovereign debt crisis. Euro fatigue, anyone?

  • The Economics of Enough Already Tuesday, 8 Mar 2011 | 4:23 AM ET

    When I was an undergraduate studying economics, our political economy teacher used to ask us just how many different types of deodorant society needed.

  • European Markets Want a Hawk in the ECB Nest Tuesday, 8 Mar 2011 | 12:24 AM ET

    One month after Bundesbank president Axel Weber announced he was stepping down, saying goodbye to his chances of running the European Central Bank, many in the markets miss him already.

  • The crazy volatility of recent days strikes me as a market that is topping itself and is struggling. I'm still guessing we have a bit of a pull-back.

  • Broke Town, USA Friday, 4 Mar 2011 | 10:22 AM ET
    Vallejo, California

    Vallejo, a city about 25 miles north of San Francisco, offers a sneak preview of what could be the latest version of economic disaster. The New York Times reports.