Moscow shipped more troops and armour into Crimea on Friday and repeated its threat to invade other parts of Ukraine in response to violence in Donetsk on Thursday night, showing no sign of bowing to Western demands to pull back.» Read More
Television networks are assigning reporters to a new beat this election year: people who don’t watch the evening news. With polls showing a surge in primary-season ballots cast by voters under 30, media outlets are out to convert the newly energized voters into viewers.
Stocks opened mixed Monday as oil retreated and geopolitical concerns eased but financials suffered from a fresh wave of concerns.
Oil prices fell below $114 a barrel, reaching their lowest point in more than three months, after the dollar muscled higher and OPEC predicted world demand for energy will keep falling.
U.S. Secretary of State Condoleezza Rice arrived in Georgia on Friday to show Washington's support for its embattled ally and to secure a French-led peace deal.
Japan marked the anniversary of its surrender in World War Two on Friday, but Prime Minister Yasuo Fukuda was expected to avoid visiting a shrine for war dead seen by Asian neighbours as a symbol of Tokyo's past militarism.
Oil fell to $115 a barrel on Thursday as economic weakness in Europe underscored the threat to global oil demand growth and on hopes a shaky cease-fire between Russia and Georgia would hold.
Oil rose almost $3 a barrel on Wednesday after a U.S. government report showed declines in fuel and crude inventories in the world's top consumer.
Oil fell to $113 a barrel on Tuesday after government data showed the steepest decline in U.S. crude demand in 26 years, adding to mounting concerns about global consumption.
The Russian rouble and share indexes rebounded on Monday from a severe drop earlier in the day, boosted by President Dmitry Medvedev's statement the military conflict with Georgia might be nearing its end.
Bosnian Serb wartime president Radovan Karadzic, one of the world's most wanted men for his part in civilian massacres, was arrested on Monday, Serbian President Boris Tadic's office said on Monday.
Iran test fired nine long- and medium-range missiles on Wednesday, state media said, including one which it has said could reach Israel and U.S. bases in the region.
Washington has been talking tough on oil prices on several fronts, calling for new trading regulations on speculators and reopening offshore oil drilling. But it's successful jawboning two of our major allies that seems to have had the biggest impact on prices this week.
The stock market plunged 170 points this morning and oil jumped over $3, allegedly based on a New York Times story that Israel is carrying out military exercises as a rehearsal to bombing Iran. But actually, the Times story, written by the very able war correspondent Michael R. Gordon, is talking about Israeli training exercises from early June, not now.
U.S. light, sweet crude for June delivery fell $1.58 to settle at $124.22 a barrel Wednesday on the New York Mercantile Exchange.
Oil prices didn't set a Nymex closing record Tuesday, but they came very close.
Oil slipped from a record high over $126 a barrel Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand.
U.S. crude oil futures ended at a record high on Thursday, fueled by yet another rally in heating oil futures, which hit a new peak.
Oil prices climbed to a fresh closing peak of above $123 a barrel despite a big increase in U.S. crude supples.
Crude oil prices closed at yet another record of $121.84 a barrel on Tuesday after a forecast that prices will just keep climbing.
Robust demand for crude and a weak dollar have fuelled the rally from a dip below $50 at the start of 2007 to $120 a barrel and above.