EGYPT

The Palestinian cabinet resigned on Monday, in an apparent attempt by President Mahmoud Abbas to demonstrate political reform in the wake of the popular uprising in Egypt.

Egypt's new military rulers have given indications of new moves to share power with civilians and rapidly to amend the constitution by popular referendum, opposition activists and a British minister said on Monday.

U.S. stock index futures edged lower on Monday after Wall Street posted two straight weeks of gains that drove indexes to new multi-year highs and investors worried the market is overextended.

The United States has created a Twitter account in Farsi to communicate with social media users in Iran as Iranian opposition websites renewed calls for a rally on Monday.

Egypt's military delivered an ultimatum on Monday to dozens of committed protesters in Tahrir Square, nerve centre of a movement that toppled Hosni Mubarak, to leave and let life return to normal or face arrest.

The army will need to stay on the streets until a disgraced police force recovers from the heavy damage inflicted by Egypt's turmoil -- an uncomfortable burden for a military designed to fight foreign enemies, not crime. A quick redeployment of the police, which largely dissolved in the first days of the unrest, is a priority for the military command that took control from former President Hosni Mubarak on Friday. It will not be easy.

U.S. stocks opened modestly lower on Monday as investors awaited the release of President Obama's budget.

U.S. stocks fell on Monday after posting two straight weeks of gains that drove indexes to new multi-year, although a recent pattern of buying on market declines was likely to continue.

The Egyptian stock market, which has been closed since January 28 amidst civil unrest in the country, will not re-open until at least Sunday, February 20, state-controlled television reported.

U.S. stocks were set to dip on Monday after posting two straight weeks of gains that drove indexes to new multi-year highs and some investors worried the market was overextended.

Futures on major U.S. stock indices point to a mixed opening on Monday, after indices recorded a second straight week of gains on Friday.

Egypt’s military council on Sunday dissolved the parliament ruled by former president Hosni Mubarak and suspended the constitution temporarily for six months or until parliamentary and presidential elections are over.

World stocks edged toward last week's 30-month high on Monday as China's shrinking trade surplus underscored its robust domestic demand and talk of slower-than-expected inflation eased policy tightening concerns.

Arizona congresswoman in rehabilitation trying to master speech again by mouthing the lyrics to nursery rhyme Twinkle Twinkle Little Star and Happy Birthday

Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.

Algerian opposition groups said on Sunday they would follow up the protest they held this weekend by calling a demonstration in the capital every Saturday until the government is changed.

The Palestinian cabinet will tender resignations Monday after which Prime Minister Salam Fayyad will select new ministers at the request of President Mahmoud Abbas, political sources said.

Hundreds of anti-government protesters, inspired by the mass uprising in Egypt, clashed with police blocking them from marching to Yemen's presidential palace in Sanaa on Sunday, witnesses said.

Nothing like a little revolution to shake up an already turbulent global economy.

Egypt's new military rulers said on Sunday they would keep control of the country for six months or until parliamentary and presidential elections are held following constitutional amendments.

Egypt's new military rulers said on Sunday they had dissolved parliament, suspended the constitution and would govern only for six months or until elections took place, following the overthrow of Hosni Mubarak.