There are very early reports that Qaddafi has agreed to a peace offer in Libya according to South Africa. The turmoil in Libya which started during the middle of February is nearing its two months mark. The peace plan was…
Category: News Feed
BP asked to resume drilling in Golf of Mexico
Following the 4.9 million barrels of oil spill in the Gulf of Mexico last summer by BP, it was reported by the New York Times that BP is seeking to resume its deep ocean drilling in the Gulf of Mexico.…
Radioactive water leaking from the reactor in Fukushima to the sea
Japan’s turmoil – update The concerns around the disaster by the meltdown in the nuclear reactor in Fukushima continue: there are now reports of leaks of radioactive water from core number 2 to the sea. The company Tokyo Electric Power Co is…
Bashar Assad addressed the protests in Syria
Today, March 30th, Syrian President Bashar al-Assad addressed the protests in Syria for the first time. He said he will implement politic changes that will benefit Syria, but he won’t rush into them. Assad also accused Israel and the US in…
Radiations continue to spread in Japan due to nuclear meltdown
Japan’s turmoil – update The high radiations continue to rise and spread in Japan as reported by CNN, due to the nuclear meltdown in the nuclear reactor in Fukushima. There is a Q&A report in CNN that present the main address the…
Blast in arms factory in Yemen killed over hundred people
Yemen Turmoil The uprise in Yemen continues, and now there are reports of over a hundred of people died in recent explosion in arms factory raid in the town of Jaar. Current crude oil prices US markets are showing moderate…
Concern for core damage in Japan’s nuclear reactor rises
Japan’s turmoil In Japan there are growing concerns that one of the cores in the nuclear reactor in Fukushima might have suffered sever damage which could lead to an uncontrollable radiation leak. Hundreds of engineers are working in Fukushima in an attempt…
EU economic summit – highlights
Today and tomorrow is the EU economic summit of 27 Euro countries. The European leaders agreed to establish a fund called the European Stability Mechanism, which will start at less than 40 billion euros of capital. Nonetheless, the EU economic…
Ben Bernanke speech’s – highlights
Today March 23rd, Chairman of Fed, Ben Bernanke gave a speech at the Independent Community Bankers of America National Convention. He addressed in his speech the importance of Community Banking especially in these times of uncertainty and economic recovery. Bernanke…
Japan’s nuclear meltdown update
The recent news from Japan’s turmoil about the nuclear reactor in Fukushima is that there is good progress in Japan’s efforts to tackle the nuclear reactor meltdown: the Japanese have managed to stabilize core number 3, bring back the power line to…