The U.S. jobless claims continued to rise during last week, according to recent report published yesterday; as the initial claims increased by 43,000 for the week ending on April 30th, and it reached 431,000 claims; the insured unemployment rate rose…
Category: News Feed
The EURO/USD drops as ECB left interest rate unchanged
Despite the expectations that the European Central Bank will raise its interest rate, eventually the Interest rate of ECB remained unchanged at 1.25%. The financial markets reacted very promptly to the news and EURO/USD fell very rapidly. Furthermore, major commodities,…
What are the main factors affecting oil prices? – a review
I came across a post by Derek Thompson from the Atlantic about the main factors that affect the current crude oil prices. This is a good visual of the main factors that affect the current crude oil prices, even though…
Osama Bin Laden is announced dead
The president of the United States, Barack Obama, announced to the world that the US forces located and killed the known terrorist Osama Bin Laden. The known terrorist was located in Pakistan. You can see here the announced of Barack…
Gaddafi’s son was killed in NATO bombing
The recent news related to the instability in the Middle East comes from Libya, as it was reported that tonight Gaddafi’s compound in Tripoli, Libya was bombed by NATO aircrafts. As a result of the air strike Gaddafi’s youngest son…
Ben Bernanke’s speech from yesterday
Ben Bernanke, the chairman of the Federal Reserve, gave a speech yesterday, April 29th, titled “Community Development in Challenging Times”. The subject of the speech dealt with the challenges a household may face including the decrease in value of homes,…
Current Tornados in the US – the second worst in U.S. history
The tornados storms are the second deadliest in U.S. records. The deadliest was in 1925. According to current reports, the tornados from April 27-28 caused the death of 340 people across six states. Major commodities finished the week rising…
Obama approved sanctions on Syrian officials
It’s reported that Obama has approved a list of sanctions against Syrian officials as the US is opposing the current bloodshed in Syria. There are reported of dozens of civilians killed in the southern city of Daraa due to open…
Syria uprising continues with violent confrontations
The recent news from Syria is that tanks and armored cars have entered civilian regions in Daraa, a city south of Syria. In the confrontations between the protestors against the regime of Syrian President – Bashar al-Assad and the Syrian…
Yemen president is reported to resign within a month
The recent reports from Yemen are that President Ali Abdullah Saleh is to resign within a month in exchange for immunity against any future prosecution. The opposition has yet to agreed in fully for to terms of Saleh’s resignation; however…