Articles by Mike Obel
French Police Raid IMF Head Lagarde's Home
March 20 2013 10:45 AM
Lagarde is suspected of being complicit in embezzling public funds on behalf of a supporter of former President Sarkozy.
Afghans To Join Ranks Of Oil Producers This Year
March 20 2013 8:31 AM
Crude oil production and refining are growth industries in Afghanistan, and China aims to profit from it.
Russia May Want Cyprus Naval Port For Bailout
March 20 2013 7:37 AM
Cyprus is in intense negotiations with Russian and European Union leaders for help to avoid a financial collapse.
Cyprus Says 'Hands Off Our Savings'
March 19 2013 4:42 PM
Where the island nation heads now -- seek easier terms from lenders or default on its sovereign debt - is unclear.
Cypriot Politics Starting To Look As Shaky As Its Finances
March 19 2013 2:45 PM
Unless terms for financially rescuing Cyprus are eased, it may be forced to exit the euro zone.
Citi Settles Housing Bubble Suit for $730M
March 19 2013 8:43 AM
The bank, which denied allegations that it misled, said the suit stemmed from its sale of preferred stock and debt from 5/06 to 11/08.
Ryanair Really Likes Boeing
March 19 2013 7:21 AM
Europe's dominant discount airline ordered 175 Boeing 737-800 jets, and aims to nearly double its fleet by 2018.
Today Cyprus, Tomorrow Italy Or Spain?
March 18 2013 12:02 PM
Cyprus' financial woes are haunting Europe and have a global impact. The question now is how serious this may become.
Tick, Tock... Cyprus Delays Critical Vote
March 18 2013 8:12 AM
Cypriot lawmakers won't vote on a radical plan to assess a fee on bank depositors' savings until Tuesday.
Cypriot Leaders Aim To Revise Bank Savings Fee
March 18 2013 7:34 AM
The euro zone bailout of Cyprus is threatening the stability of the monetary union.
Obama To Propose 'Energy Security Trust'
March 15 2013 8:00 AM
The president wants Congress to authorize $2 billion to develop alternative fuels.
US Stocks Appear To Slip The Surly Bonds Of Earth
March 14 2013 4:10 PM
Strong economic reports plus money from institutional investors continue to propel U.S. equities higher and higher.