Tahrir Square on Wednesday, a day after another round of clashes between police and protesters, resembled its old war-zone self.
As the crisis in Syria continues, many observers are beginning to say that if the protesters cannot overthrow the regime, the economy will. With political uncertainty at a suffocating level, the Syrian pound has fallen against the U.S.
Even before its outcome is known, Libya’s uprising could leave an indelible mark on the world economy: oil prices have rocketed since Tuesday and could rise even further amid the continuing turmoil that has prompted thousands of foreign oil workers to flee. Libya’s oil output, typically 1.7 million barrels a day, has fallen by more than half since Tuesday, and its energy exports have ground to a complete halt
Leading Republicans urged President Obama to make a swift decision in favor of more U.S. troops for the war in Afghanistan after talks between the president and congressional leaders Tuesday.
In the space of just a year, Usain St. Leo Bolt has become one the most recognizable people on the planet.
Travelers to China who display flu-like symptoms may be randomly quarantined over concerns of the swine flu virus, the U.S. State Department warned.
When Megan Maciejowski was laid off from her job at an investment bank at the end of 2008, she cleaned out her desk, retreated to her Venice Beach, Calif., apartment and started sprucing up her resume. Then the 33-year-old set aside some of her severance package and arranged to spend February in artsy San Miguel de Allende, Mexico. Her goals for the trip were simple: to take an immersive Spanish class, do some painting, experience a new culture and generally relax
There’s an uproar about whether the government should let AIG fail, a debate re-energized by the latest revelation of bonus payments going to AIG’s executives. In fact, there’s a good case to be made that AIG should fail, and it has nothing to do with bonuses. The rescue of AIG is warping the banking system and unnecessarily extending the credit crisis.
The England and Wales Cricket Board have confirmed they have terminated all contractual links with Sir Allen Stanford — the Texan billionaire charged with an alleged nine billion dollars fraud by the Securities and Exchange Commission. All negotiations between the ECB and Stanford were immediately suspended when the news broke on Tuesday — and the governing body has now formally announced they will not play any further Stanford Twenty20 matches in Antigua as well as shelving plans for the Quadrangular Twenty20 events, which were due to start at Lord’s in May.