With Facebook playing a starring role in the revolts that toppled governments in Tunisia and Egypt, you might think the company’s top executives would use this historic moment to highlight its role as the platform for democratic change. Instead, they really do not want to talk about it. The New York Times reports.
With the resignation of Hosni Mubarak in Egypt, we now enter the dangerous “Thermidor” phase of the historic socio-political revolution begun in North Africa and Egypt, a revolt that is energizing citizens – especially young citizens – in other autocratic nations as well.
Egypt's army calling for national solidarity and urging workers to play their role in reviving the economy, with CNBC's Yousef Gamal El-Din.
Egypt's military rulers called for an end to strikes and protests Monday as thousands of state employees, from ambulance drivers to police and transport workers, demonstrated to demand better pay in a growing wave of labor unrest unleashed by the democracy uprising that ousted Hosni Mubarak's regime.
A two-year collaboration of dissidents gave birth to a new force — a pan-Arab youth movement dedicated to spreading democracy in a region without it, the New York Times reports.
A furious wave of protest finally swept Egypt's President Hosni Mubarak from power on Friday after 30 years of one-man rule, sparking jubilation on the streets and sending a warning to autocrats across the Arab world and beyond.
The resignation of Egyptian President Hosni Mubarak Friday came after a tense standoff with the nation's top military officials incensed by his refusal to step down as expected Thursday evening, sources told NBC News.
Stocks hit session highs and the dollar fell off its highs after Egypt’s Vice-President announced that President Mubarak “waives right to Presidency” and is stepping down. Markets in the U.S. and Europe broadly turned positive, after being mixed to negative for most of the day.
Markets had a muted reaction to reports that Egyptian President Hosni Mubarak would step down, as the future path for Egypt is still uncertain.
With global oil prices diverging wildly, CNBC's Sharon Epperson talks about how traders can profit from the growing disparity between Brent crude futures and U.S. oil prices with Joe Raia, CME managing director for energy and metals products.
Fed Chairman Ben Bernanke appears before the House Budget Committee Wednesday, in what promises to be one of the two most widely watched events of the trading day.
Rachid called it “paralysis in the country” for the short-term. Rachid expects the crisis to have “impact on growth numbers, production. And the faster we can go back to normality, the faster we can recover from that situation,” said Rachid. For the long-term, Rachid believes “this is going to be quite challenging.”
Rising interest rates and commodities prices could easily turn from tail winds to head winds for stocks.
With Egyptian banks and jobs sites expected to open again on Sunday, Nassef Sawiris, CEO of Orascom Construction, told CNBC Friday, that the result of the riots is a "victory" for Egyptians and especially, the country's youth.
With all the talk of 'regime elements' and wealthy businessmen fleeing Egypt, I've been thinking about gold and diamonds a lot lately.
Do you have the nerve for a major contrarian play in the equity markets: How about buying stocks with exposure to Egyptian instability when everyone else is scrambling for the exits?
The Obama administration is discussing with Egyptian officials a proposal for President Hosni Mubarak to resign immediately, turning over power to a transitional government headed by Vice President Omar Suleiman. The NYT reports.
Famously outspoken shoemaker Kenneth Cole says he writes all the tweets signed "KC" that come from the @KennethCole Twitter account.
In light of the political turmoil in Egypt and the possible threat to Suez Canal shipping, rising oil prices and a tightening oil market are concerns of the International Energy Agency (IEA), its executive director, Nobuo Tanaka, told CNBC Thursday.
I wrote earlier about the difficulty in predicting the future structure and alliances of the Egyptian military. And of the fundamental unknowability of weather.