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Wars and Military Conflicts

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  • A track record of coups and civil wars has historically made many investors wary of the region, which is still struggling with unrest in Mali, turmoil in Central African Republic and the spillover from Nigeria's Boko Haram Islamist insurgency. I continue to believe that the opportunities are very good, with Ivory Coast being the belle of the ball, "he told Reuters...

  • The United Arab Emirates has pumped billions of dollars into Egypt and is lining up investors to try to stabilize its damaged economy, while building military cooperation. In their deepening relationship, an economically exhausted Egypt benefits from the UAE's finances, and the U.S.-allied Emirates gets a heavyweight with extensive manpower on its side in...

  • TRIPOLI, Libya— Libya's state-run oil corporation has declared 11 oil fields in the country non-operational after attacks by suspected Islamic State militants, opting for a force majeure clause that exempts the state from contractual obligations. The National Oil Corporation blamed authorities in the Libyan-capital of Tripoli, set up by Islamist-backed...

  • China defense spending to grow 10.1 percent in 2015 Thursday, 5 Mar 2015 | 1:47 AM ET

    BEIJING— China said Thursday it will boost defense spending by 10.1 percent, a smaller rise than last year but in line with large annual increases that have drawn concern among the country's neighbors over Beijing's military and territorial ambitions. In its budget report to the annual session of the national legislature, the Finance Ministry said China's...

  • *Ukraine parliament has okayed IMF-backed budget changes. *G7 powers see IMF board approving Ukraine bailout. IMF chief Christine Lagarde cautioned that what she called the "huge distraction" of fighting against pro-Russian rebels in eastern Ukraine complicated the provision of aid, but she was in no doubt that Kiev was now "really determined to reform."

  • WASHINGTON, March 4- International Monetary Fund chief Christine Lagarde said on Wednesday that an infusion of financial support for Ukraine and its impact largely hinges on how the security crisis over Russia's actions in Ukraine is resolved. In an interview on MSNBC, the International Monetary Fund's managing director said the fighting in eastern...

  • TRIPOLI, Libya— Militants purportedly from the Islamic State group attacked an oil field near Libya's central coast, prompting a counterattack by the country's Islamist-backed government that included airstrikes, an official said Wednesday. Al-Waha said on its website that al-Dhahra is one of Libya's oldest fields, with production starting in 1962....

  • DONETSK, Ukraine— An explosion ripped through a coal mine before dawn Wednesday in war-torn eastern Ukraine, killing at least one miner and trapping more than 30 others underground, rebel and government officials said. Eastern Ukraine has been wracked by fighting between government forces and Russian-backed rebels for almost a year, a conflict that has...

  • SHANGHAI— China played down U.S. concerns that proposed anti-terror legislation would give the Chinese government sweeping power to police electronic communications and marginalize foreign companies fighting for a share of China's $465 billion technology market, saying Wednesday that the law is purely designed to address domestic security issues.

  • Crude reality: Oil poses biggest political risk Wednesday, 4 Mar 2015 | 2:12 AM ET

    Low oil prices will compound political risks across emerging markets this year, according to a new report released Wednesday.

  • Obama, EU leaders hint at more sanctions on Russia Tuesday, 3 Mar 2015 | 7:30 PM ET
    President Barack Obama

    Barack Obama and his European counterparts agreed to act quickly to impose more sanctions on Russia if Ukraine peace agreements not implemented.

  • SHANGHAI— China played down U.S. concerns that proposed anti-terror legislation would give the Chinese government sweeping power to police electronic communications and marginalize foreign companies fighting for a share of China's $465 billion technology market, saying Tuesday that the law is purely designed to address domestic security issues.

  • Azerbaijan watches for dissent as economy slows Tuesday, 3 Mar 2015 | 5:50 AM ET

    BAKU, March 3- Azerbaijan is keeping a close eye on any sign of dissent as economic problems mount before a parliamentary election this year in the oil-producing former Soviet republic. Hit by the fall in global oil prices, the rouble's drop against the dollar in neighbouring Russia and the separatist war in east Ukraine, the South Caucasus country devalued the...

  • Oil and gas exploration company Forum Energy Plc. said the Department of Energy instructed it to halt all work in its contracted area at Reed Bank in the South China Sea off the western Philippine province of Palawan. The Energy Department issued the order because the area "falls within the territorial disputed area of the West Philippine Sea which is the...

  • Iraq battles to rebuild despite war and oil slump Tuesday, 3 Mar 2015 | 4:00 AM ET

    *New city aims to house half a million people near Baghdad. *Challenges face mega projects planned for Basra, Baghdad. BAGHDAD, March 3- On a main highway south of Baghdad, dozens of buildings rise up from the Iraqi plains, the first blocks of a multi-billion-dollar city emerging from a landscape more accustomed to conflict and crisis than glitzy new development.

  • Blood near the Kremlin: Russia's media fight back Monday, 2 Mar 2015 | 6:28 PM ET

    A corpse near the Kremlin is the perfect symbolic backdrop, Russian media say, for the West to step up a campaign to vilify President Vladimir Putin.

  • Russia protests: What they could mean for Putin Monday, 2 Mar 2015 | 8:41 AM ET

    The Russian people’s reaction to the death of Russian opposition politician Boris Nemtsov could shape Russia for decades.

  • RABAT, Morocco— Dallas- based Kosmos Energy said Monday its exploration well off the coast of the disputed Western Sahara territory has not yielded a commercial find and will be plugged, though the search would continue. Morocco annexed the largely desert territory of the Western Sahara in 1975 and fought a 15- year-old war with the Polisario independence...

  • UKRAINE MILITARY SPOKESMAN SAYS UKRAINIAN JOURNALIST KILLED AS A RESULT OF SHELLING IN EAST UKRAINE.

  • SANAA, Yemen— A suspected U.S. drone strike Saturday in central Yemen killed three men believed to be al-Qaida militants, security officials said. The U.S. has launched several strikes in recent weeks, reflecting Washington's resolve to keep fighting the militants despite Yemen's political paralysis. Meanwhile Saturday, the Shiite rebels who control Yemen's...