Following the UN decision from Friday, March 18th to enforce the no-fly zone over Libyan air, European and U.S. joint forces started their attack on Qaddafi’s forces today, March 20th. There are reports that the allied forces unleashed their warplanes…
Category: News Feed
France & Italy have entered Libyan air to enforce no-fly zone
Following the UN decision a couple of days ago to get involved in the Libyan turmoil, three countries: UK, France and Canada are preparing to enter Libya and stop Qaddafi’s air assault on the rebels. There are reports in Alarabiya…
UN Security Council decided to take military action against Qaddafi
As the Libyan turmoil progresses, yesterday March 16th the UN has decided to take action and impose a no-fly zone in Libya, due to the recent assault made by Qaddafi’s warplanes on the rebels. This decision is only one of…
No apparent impact on oil shipment due to Japan’s crisis
According to Africa Reuters, the recent turmoil in Japan didn’t affect he shipment of crude oil to the country. In the recent tsunami attack on Japan, more than 30% of its oil refineries’ capability or 1.4 million of oil…
Saudi Arabia sent its troops into Bahrain
As the turmoil in the Middle East continues especially the Libyan riots, there are currently reports of Saudi Arabia sending its troops into Bahrain, as Bahrain requested from Saudi Arabia its support in fending off protestors. Saudi Arabia tries…
Japan doubles Asset purchase to ward off adverse ramifications from tsunami
The tsunami that attacked Japan and caused damage and casualties on a national level, also had a heavy toll on its economy. In an attempt to ward off the adverse ramifications, the bank of Japan doubled its assets purchased and…
Obama to reassure that the US is capable of dealing with energy disruptions
Following the ongoing surge in crude oil price mainly due to the turmoil in the Middle East in North Africa in the passing months, the President of the US – Barack Obama said yesterday that the US is ready to…
Japan Nuclear Reactor might face meltdown – update
Following the tsunami attack on Japan, there are already some additional adverse effects as current reports state of a threat of the Nuclear Reactor in Fukushima, Japan might melt. There are some reports that four people who worked in the Nuclear Reactor…
Tsunami attacked the shores of Japan
There are report of a massive Tsunami that attached the shores of Japan, after a massive earth quack registered at 8.8 in the Richter scale. see here the footage of the Tsunami attack This Tsunami is estimated to be the first among…
Libya’s oil port runs out of oil stocks
There is a report in Asiaone News that in Brega – Libya’s oil port there is no more crude oil stocks, due to the national turmoil in the county. On a related news, there are reports that OPEC has risen its oil…