Middle East Economy

Euro

From Politics & Policy 3:56 pm

Global Losses From Greek Euro Zone Exit Could Reach €1 Trillion

The financial markets appear to have already priced in Greece’s departure from the euro bloc.

Elderly Greek villager

From Politics & Policy 9:27 am

Greece: Possible Expulsion From Euro Zone Would Raise Questions About ‘European’ Identity

Although Greece is considered the “cradle of Western Civilization,” the nation has had a vastly different history and trajectory from the dominant countries of Western Europe.

Facebook

From Economy 8:49 am

Huge Demand Prompts Facebook To Sell More Shares In IPO

Surging demand for shares of Facebook (Nasdaq: FB), the No. 1 social network, prompted the company to again boost the number of share for sale in its initial public offering.

Kurds attend a gathering to celebrate Newroz in southeastern Turkish city of Diyarbakir

From Politics & Policy 7:44 am

Turkey: High Kurdish Birth Rate Raises Questions About Future

The fertility level in western Turkey (the most economically advanced part of the country) is now about 1.5 -- roughly the same as in western Europe.

An Indian security personnel stands guard in front of the main entrance of the Guru Gobind Singh oil refinery near Bhatinda

From Politics & Policy May 15

US May Export Shale Oil To India As New Delhi Seeks To Cut Crude Imports From Iran

India imports crude oil from about 30 nations.

F-16C and F-15SG fighter aircraft from the RSAF perform during an aerial display at Singapore Airshow in Singapore

From Politics & Policy May 15

Singapore: Little Tiger With A Big Military Roar

Singapore was the fifth-largest arms importer in the world between 2007 and 2011.

BSE Sensex

From Politics & Policy May 14

Indian Stocks Fall On Greek Political Crisis, High Inflation

Bombay Stock Exchange's Sensex lost more than 100 points Monday afternoon trade as the slump in European markets and a worse-than-expected inflation for April hit the markets hard.

A trader works in the J.P. Morgan stall on floor of the New York Stock Exchange, September 14, 2009.

From Politics & Policy May 11

SEC 'Probably' Drafting JPMorgan Subpoenas: Former Agent

U.S. Securities and Exchange Commission investigators are "probably" in the process of drafting subpoenas against JPMorgan Chase & Co. (NYSE: JPM), if they have not already filed them, regarding the bank's loss of $2 billion through proprietary trading, said ex-SEC New York Regional assistant director Joseph Dever.

Qatar - the QIA has been on a buying spree and is after Glencore.

From Politics & Policy May 11

Qatar Sovereign Fund On Buying Spree: Royal Dutch Shell, Xstrata, Eni, Total

The Qatar Investment Authority (QIA) is on an investment spree, bulking up its holdings in several major companies including Royal Dutch Shell Plc (NYSE: RDS.A), Eni SpA (NYSE: E), and Xstrata PLC (London: XTA), and the sovereign fund has already taken a holding Total SA (NYSE: TOT) and is pursuing avenues to invest in Glencore International Plc (London: GLEN), sources reported Friday.

Top Global Stock Indexes To End 2012 With Solid Gains

From Economy May 11

Top Global Stock Indexes Expected to Finish 2012 With Solid Gains

The booming emerging markets may spearhead a further rise in global stock indexes as the growth spurt enjoyed by some major Western markets since the start of the year declines.