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Wars and Military Conflicts

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  • BEIRUT, Oct 10- Islamic State fighters advanced deeper into the Syrian town of Kobani on the Turkish border on Friday, taking almost complete control of an area where the local Kurdish administration is based, a group monitoring the violence reported. "They have taken at least 40 percent," Rami Abdulrahman, who runs the Syrian Observatory for Human Rights, said by...

  • History of the Jeep Wrangler and its predecessors Thursday, 9 Oct 2014 | 3:34 PM ET

    WAR YEARS: The Army needed an all-terrain vehicle for reconnaissance and command duties to take the place of motorcycles and sidecars that had been used in battle. American Bantam Car Co. actually made the first version, but it couldn't meet the military's mass-production needs. Both Ford Motor Co. and Willys-Overland Motors, based in Toledo, Ohio, took over,...

  • Europe 'massively' more vulnerable: Bremmer     Thursday, 9 Oct 2014 | 11:00 AM ET

    Europe is "massively" more vulnerable to geopolitical tensions than the U.S. and Japan, argues Ian Bremmer, president of Eurasia Group, adding that the rise of euroscepticism will make the situation more challenging in the future.

  • 1st Gaza meeting of Palestinian unity Cabinet Thursday, 9 Oct 2014 | 10:01 AM ET

    In establishing a Gaza foothold, the Cabinet also tried to assure the international community that foreign aid for Gaza's reconstruction will not reach the Islamic militant Hamas, shunned by the West as a terror group. The Cabinet meeting came three days before an international pledging conference in Cairo where Western-backed Palestinian President...

  • Mark Okada, Co-Founder & CIO at Highland Capital Management, says global unrest has led to a recalibration of growth and explains what that means for central banks' policy decisions.

  • BOGOTA, Oct 8- Despite a decline in oil revenue, the sector will remain an important engine of Colombia's economic growth and even more so if the government signs a peace accord with Marxist FARC rebels, Energy Minister Tomas Gonzalez said on Wednesday. But Gonzalez says the sector is "absolutely indispensable" for the economy and will continue, along with mining...

  • BOGOTA, Oct 8- Colombia's government is pushing a tax reform through Congress to plug a $26.2 billion financing hole over four years but it may not be enough to make up for lower oil revenues and higher social spending as part of plans to end five decades of war. But critics question how the government will bring in revenue beyond then and say Colombia needs...

  • Where did the German ‘strongman’ go? Wednesday, 8 Oct 2014 | 6:12 AM ET

    This week's poor German data are the latest sign the "strongman" of Europe is weakening. We take a look at why Germany could be losing its clout.

  • Nine terror groups gunning for the United States Tuesday, 7 Oct 2014 | 12:02 PM ET

    ISIS isn't alone: There are many other terrorist organizations whose goal is to create havoc and strike the West, The Fiscal Times reports.

  • KIEV, Oct 7- Ukraine's economy is expected to have shrunk 9.5 percent year-on-year in the third quarter of 2014, a Reuters poll showed, suffering its biggest contraction of the past five years as fighting between government and rebel forces inflicts huge damage on the industrial east. President Petro Poroshenko said last week that 50 percent of industrial...

  • Ukraine pins economic hopes on conflict-hit industry Tuesday, 7 Oct 2014 | 11:00 AM ET

    *Ukraine pins recovery on regions hit by rebellion. KIEV/ MOSCOW, Oct 7- The main hope for Ukraine's shattered economy lies buried beneath the rubble left by months of fighting in two eastern regions which are home to much of its crippled industrial power. We're existing only on hope, "said Yuri, a worker at Zhdanovskaya- Ukraine's fourth-largest colliery with coal...

  • Why the king’s illness is rattling Thai markets Tuesday, 7 Oct 2014 | 1:04 AM ET

    Thai markets swooned as the health of the country's beloved king took a turn for the worse, and the monarchy's importance means more turmoil may lie ahead.

  • Some bullets fired by ISIS were made in Missouri Monday, 6 Oct 2014 | 8:10 AM ET
    A fighter of the Islamic State stands guard near the city of Baiji, north of Baghdad June 19, 2014.

    Ammo being used by ISIS are found to have been manufactured in 21 countries including the US, NBC News reports.

  • DUBAI, Oct 6- The Yemeni government's deal with Houthi rebels is broadly in line with conditions of a loan provided by the International Monetary Fund, despite the rollback of some subsidy cuts, IMF managing director Christine Lagarde was quoted as saying. The IMF agreed in July to provide a $553 million loan to Yemen over the next three years after the government...

  • Monday deadline looms, Hong Kong protests ease Sunday, 5 Oct 2014 | 1:13 PM ET

    Pro-democracy demonstrators eased their blockade of the offices of Hong Kong's leader, and wavered over whether to abandon another key encampment as Monday deadline approached, the NY Times reports.

  • *Kiev says two servicemen killed over last 24 hours. KIEV/ DONETSK, Ukraine, Oct 5- Ukraine's military accused Russian-backed separatists of again violating a month-old ceasefire on Sunday, saying their forces came under attack in several parts of the east including the airport at the big city of Donetsk. Two Ukrainian service staff were killed in the past 24...

  • Anger simmers in Hong Kong after protest camp attacks Saturday, 4 Oct 2014 | 4:53 AM ET

    Volatile political rifts exposed by pro-democracy demonstrations in Hong Kong resurfaced on Saturday in one of the city’ s most crowded neighborhoods.

  • PENPIX-Who runs the militant group Islamic State? Friday, 3 Oct 2014 | 12:25 PM ET

    BEIRUT, Oct 3- Islamic State, a Sunni Muslim militant group, has seized a third of Syria and large areas of Iraq and this year proclaimed a caliphate across the two countries in the heart of the Middle East. The group, which U.S-led forces are bombing in Iraq and Syria, is made up of thousands of fighters from both countries as well as foreign recruits from around the...

  • MOSCOW, Oct 3- The Russian rouble hit a new all-time low against the dollar on Friday, falling below the level where the central bank automatically defends it, as markets fretted over falling oil prices and continued fighting in eastern Ukraine despite a month-old ceasefire. At 1416 GMT the rouble was down 0.89 percent at 39.91 to the dollar, having earlier hit an...

  • Ukraine won't join EU by 2020: Pro     Friday, 3 Oct 2014 | 4:00 AM ET

    Alastair Newton, senior political analyst at Nomura, says it is unlikely that Ukraine will be able to join the European Union by the 2020 timetable due to the continuing turmoil in the country.