Articles by Egypt
Pre-Opening Wheat Market Report
September 14 2012 10:10 AM EDT
December Chicago wheat is trading 14 cents higher near 7:30 am CST. Kansas City and Minneapolis wheat are higher as well but lagging the move in Chicago. The November Matif Milling wheat contract is trading 3 Euros higher. There were 20 September Chicago wheat deliveries overnight bringing the month-to-date total to 925 contracts. Most commodity markets were stronger overnight following the Feds decision to allow for more monetary easing for an undisclosed period of time. The US Dollar is tradin...
Morning Crude Oil Market Report 9/14
September 14 2012 10:04 AM EDT
October crude oil prices traded higher during the initial morning hours and eclipsed the $100.00 mark in the process. There appeared to be a number of positive catalysts working in crude oil's favor, including a favorable shift in risk-taking sentiment following yesterday's Fed decision, a new four month low in the US dollar and ongoing tensions in the Middle East.
The Energy Report - UNLIMITED!
September 14 2012 8:50 AM EDT
Think of all the possibilities! They are unlimited especially after the Federal Reserve used the nuclear option with open ended QE3D and an extension of the low interest rate pledge for another year! Commodity bulls will be dancing the twist as the music plays on with the Fed buying the long end and selling the short end in what can only be described as explosively bullish for the markets. Ben Bernanke Rightly said that this had nothing to do with politics and the Fed can't do it alone! The ...
Innocence Of Muslims: Was It ‘Impossible To Predict’ Attacks On US Missions?
September 14 2012 5:38 AM EDT
U.S. officials have acknowledged that they did not issue a high alert to the diplomatic missions about the security threat after an Arabic talk show Saturday telecast parts of an anti-Muslim film made in the United States, which the agencies believe triggered the violent protests against the country's missions in Libya, Egypt and Yemen.
Brent crude rises towards $117 on Fed stimulus action
September 14 2012 3:55 AM EDT
Brent crude rose for the seventh straight session on Friday, climbing towards $117 a barrel on hopes for stronger global demand for oil after the U.S. Federal Reserve launched an aggressive program to stimulate the economy. Brent crude for November delivery, which took over as the front-month contract on Friday, climbed more than $1 to $116.92 a barrel by 0627 GMT, after rising 94 cents in the previous session. Brent, which hit a four-month peak of $117.48 on Thursday, is on track to end the wee...
Broadcast Of Video Saturday Sparked Rage, But Security Was Not Beefed Up, Officials Say
September 13 2012 10:57 PM EDT
U.S. officials believe an Egyptian talk show last Saturday showing parts of an anti-Muslim video was the spark that set off violent attacks on U.S. missions, but acknowledge it did not prompt a major upgrade in diplomatic security,
Obama Widens Lead to 7 Points: Reuters/Ipsos Poll
September 13 2012 7:44 PM EDT
President Barack Obama widened his lead over Republican challenger Mitt Romney to 7 percentage points in a Reuters/Ipsos poll of likely voters released Thursday, the latest survey to show him ahead.
Mideast Unrest Over Anti-Islam Film Spreads, But Leaders And Some Civilians Sympathize With US
September 13 2012 4:29 PM EDT
Another U.S. embassy was attacked on Thursday, this time in Yemen, but despite the slight spread of anti-American protests, several world leaders, not to mention their citizens, have come out in support of the U.S.
'Innocence of Muslims': Sound Expert Says Islamophobic Dialogue Definitely Dubbed [Exclusive Transcript]
September 13 2012 1:17 PM EDT
The actors appearing in the movie that sparked riots throughout the Middle East say they were not aware of its anti-Muslim dialogue. IBTimes spoke with a veteran sound engineer for a professional assessment of which instances of dialogue were over-dubbed in a 13-minute clip of the movie that was posted on YouTube.
Yemen: Anti-Islam Film Is The Least Of This Poverty-Stricken Nation's Many Problems
September 13 2012 1:11 PM EDT
Anger in the Muslim and Arab world over an anti-Islam film produced in America has spread to Yemen, where several hundred protesters stormed the U.S. Embassy in the capital, Sana. Yemen is already dealing with widespread social problems due to food and water shortages, rising extremism and sectarian conflict and political instability following the popular uprising that began in 2011.
Deena Cortese Of 'Jersey Shore' Banned From Seaside Heights Restaurant After Drunken Antics
September 13 2012 11:47 AM EDT
Deena Cortese, the self-described "blast in a glass" cast member on "Jersey Shore," will have to take the party elsewhere after a Seaside Heights restaurant banned her from their premises for two years following her drunken antics.
Nakoula Basseley Nakoula Calls Police To California Home, 'Innocence Of Muslims' Producer 'Scared Of Retaliation' [PHOTO]
September 13 2012 10:59 AM EDT
Police have been sent to the California home of Nakoula Basseley Nakoula, the purported producer of "Innocence of Muslims," an anti-Muslim film that has caused outrage across the Middle East. According to authorities, the purported producer of the Muhammad film called local police in an effort to protect him and his family from potential harm.
Pre-Opening Wheat Market Report 9/13
September 13 2012 10:05 AM EDT
December Chicago wheat is trading 3 cents higher near 7:30 am CST. Kansas City and Minneapolis wheat are higher as well and gaining on Chicago. The November Matif Milling wheat contract is trading 2 Euros higher. There were 20 September Chicago wheat deliveries overnight bringing the month-to-date total to 905 contracts. Wheat is seeing marginal support this morning after Egypt tendered for wheat following the close yesterday. The US Dollar is trading slightly lower as traders anticipate more mo...
Cindy Lee Garcia, Actress In Anti-Islam Film, Wants Name Cleared As Protestors Attack U.S. Embassy In Yemen
September 13 2012 9:16 AM EDT
As details behind the making of "Innocence of Muslims," the amateur anti-Muslim movie that sparked violent protests in Egypt and Libya, began to slowly emerge on Wednesday, Cindy Lee Garcia, a California actress who was featured in the film, says she was duped and was unaware it was about the Prophet Muhammad.
The Energy Report - Will they are Won't they?
September 13 2012 8:50 AM EDT
The bar has been raised and now it is up to the Federal Reserve to meet or exceed expectations. You see because many in the market place feel that some form of quantitative easing may be in the market to give the Fed's soon to be announced stimulus plan its best chance to work they are going to have to wow us!!!
Monetary “Floodgates” And Geopolitical Unrest To Support Precious Metals
September 13 2012 8:00 AM EDT
Monetary “Floodgates” And Geopolitical Unrest To Support Precious Metals
Fresh Violence Erupts Outside US Embassy In Egypt
September 13 2012 5:54 AM EDT
Fresh violence erupted near the U.S. Embassy in Cairo, some 24 hours after a violent mob illegally entered the embassy building and burned the U.S. flag while protesting an anti-Islamic film.
Brent crude steadies near $116 ahead of Fed decision
September 13 2012 3:55 AM EDT
Brent crude steadied near $116 a barrel on Thursday, after rising for five straight sessions, as traders awaited a U.S. Federal Reserve policy decision that is expected to include further stimulus action to bolster the world's largest economy. Pressure on oil prices from an unexpected rise in U.S. crude stockpiles was offset by geopolitical risks in OPEC member Libya and rising hopes that the euro zone's rescue fund will soon take effect. Brent's front-month October contract, which expi...
'Muslim Innocence' Actors And Crew Say They Were Deceived About Inflammatory Film
September 12 2012 8:39 PM EDT
According to actress Cindy Lee Garcia, no one in the film's production was aware they were making a piece of anti-Islamic propaganda.
California Fraudster Admits Backing Anti-Muslim Film, Denies Posing As Director
September 12 2012 8:36 PM EDT
A Coptic Christian from California with a record of financial crimes says he helped produce the anti-Muslim film that sparked deadly attacks on U.S. diplomats in Libya and Egypt, the Associated Press reported Wednesday evening.