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Wars and Military Conflicts

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  • Libyan oil terminals forced to close  Monday, 15 Dec 2014 | 5:25 AM ET

    Two of Libya's key oil terminals have been closed after clashes broke out, disrupting the country's crude export capacity. CNBC's Hadley Gamble reports.

  • Discussing the unfolding events of the Sydney hostage situation, Benjamin MacQueen, senior lecturer of Politics and International Relations at Monash University, discusses whether the Australian government could have predicted this event.

  • New South Wales (NSW) police commissioner, Andrew Scipione told a news conference that the force was continuing to investigate not speculate, and "we're doing all we can" to solve this current hostage situation in Sydney.

  • The bill approves a Pentagon base budget of $496 billion, in line with Obama's request, plus nearly $64 billion for conflicts abroad including the war in Afghanistan. The measure increases co-pays on most prescription drugs by $3, reduces the military housing allowance by 1 percentage point and remains silent on military pay hikes, thus allowing the Pentagon...

  • Higher prices, shortages create pressure for IS Friday, 12 Dec 2014 | 4:24 PM ET

    BAGHDAD— Saadi Abdul-Rahman was recently forced to pull his three children out of school in the Iraqi city of Mosul, where Islamic State militants have ruled with an iron fist since June. "The situation in Mosul is miserable." The economy in the self-styled "caliphate" declared by the Islamic State group bridging Iraq and Syria is starting to show signs of strain.

  • Senate OKs defense policy bill Friday, 12 Dec 2014 | 1:34 PM ET

    WASHINGTON— The Senate is on track to approve a massive defense policy bill that endorses President Barack Obama's stepped-up military campaign of air strikes and training of Iraqis and moderate Syrian rebels in the war against Islamic State militants. Tom Coburn, R- Okla., and several other GOP senators. Once passed, the Senate would send the $585 billion...

  • Donetsk, Ukraine

    Ukraine is still on the radar of international investors, according to a minister, and has only a "minimal" risk of defaulting.

  • Were the Hong Kong protests a success?  Thursday, 11 Dec 2014 | 4:45 AM ET

    Peter Thal Larsen, Asia editor at Reuters Breakingviews, says the Hong Kong protesters have got their message across, but hadn't managed to get closer to "true universal suffrage".

  • Architects of brutal methods had little experience Thursday, 11 Dec 2014 | 3:20 AM ET

    WASHINGTON— When the CIA set out to design a program to elicit intelligence from captured terrorists, it turned to two former Air Force psychologists with no practical interrogation experience and no specialized knowledge of al-Qaida, according to a Senate investigation released this week. The spy agency ended up outsourcing much of its interrogation...

  • House approves $1.1T bill financing government Thursday, 11 Dec 2014 | 3:11 AM ET

    The 219-206 vote cleared the way for a final showdown in the Senate on the bill— the last major measure of a two-year Congress far better known for gridlock than for bipartisan achievement. The White House stated its own objections to the bank-related proposal and other portions of the bill in a written statement. Even so, officials said Obama and Vice President...

  • NEW YORK, Dec 10- Arab Bank Plc will face a trial in May to determine how much it owes for providing material support to Hamas in three of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian territories, according to a court order. The cases will be the first to have damages assessed after a federal jury in September found Arab...

  • NEW YORK, Dec 10- Arab Bank Plc will face a trial in May to determine how much it owes for providing material support to Hamas in three of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian territories, according to a court order. The cases will be the first to have damages assessed after a federal jury in September found Arab...

  • Democrats objected to the House plan but let it move forward, passing 417-7. It was not clear whether the Democrat-controlled Senate would take up the same version. "I urge the Senate to move on this bill and vote for these needed reforms," House Majority Leader Kevin McCarthy, a Republican, said in a statement. The House bill reauthorizes the program for six years...

  • WASHINGTON, Dec 10- Lawmakers in the U.S. House of Representatives voted on Wednesday to extend for six years a federal terrorism insurance program that was created after the Sept. 11, 2001 attacks on the United States. The bill still needs a vote in the U.S. Senate, which previously approved a different version. Senate Democrats oppose some provisions in the House...

  • House renews government terror insurance backstop Wednesday, 10 Dec 2014 | 5:02 PM ET

    WASHINGTON— The House Wednesday passed a long-sought legislation to renew a government program that's credited with reviving the market for insurance against terrorist attacks after the Sept. 11 attacks. But the measure, despite passing by a 417-7 vote, has run into trouble in the Senate because of opposition to an unrelated item involving a rewrite of a...

  • Thousands crowd Dublin to denounce Irish water tax Wednesday, 10 Dec 2014 | 2:07 PM ET

    DUBLIN— Tens of thousands of protesters brought Dublin to a standstill Wednesday in a mass protest against Ireland's planned new tax on household water supplies, the last major measure in the country's six-year austerity drive. Elsewhere, near the cordoned-off entrance to Ireland's parliament building, protesters chanting "Whose streets?

  • Russia PM talks sanctions, economy  Wednesday, 10 Dec 2014 | 11:40 AM ET

    Russia's Prime Minister Dmitry Medvedev discusses the possibility of a budget review in 2015, and how western sanctions are impacting the economy.

  • The 10 toughest countries for business Wednesday, 10 Dec 2014 | 8:45 AM ET

    CNBC.com takes a look at the world's most difficult countries in which to do business, based on a report from the World Bank.

  • Putin set to scare away investment in 2015 Wednesday, 10 Dec 2014 | 5:26 AM ET

    Russia’s hostility towards other countries could wreak further havoc on its economy in 2015, as investors told its "high risk".

  • Where now for the Ruble?  Wednesday, 10 Dec 2014 | 4:30 AM ET

    With the Russian ruble facing an uncertain future, Timothy Ash, head of EM Research at Standard Bank says that if changes aren't made, the currency will continue to see "downside pressure".