Credit Agricole bank estimates that the ongoing political crisis in Egypt is costing the country’s economy at least $310-million per day, according to a report.
Algerian opposition groups said on Friday they would probably go ahead with a planned protest march next week despite promises from the president to heed some of their demands and allow more political freedoms.
Dow and S&P 500 are down slightly today, as investors struggled to interperet the January jobs report from the U.S. Dept. of Labor
A war of words between Uganda's main presidential candidates escalated on Friday, sparking fears of Egypt-style street violence should the opposition say the poll was rigged.
Algerian opposition groups said on Friday they would probably go ahead with a planned protest march next week despite promises from the president to heed some of their demands and allow more political freedoms.
Egypt has suffered huge economic losses during political protests that broke out 10 days ago but the government is committed to meeting its financial obligations, finance minister Samir Radwan said on Friday.
Hundreds of thousands of Egyptians marched peacefully in Cairo on Friday to demand an immediate end to President Hosni Mubarak's 30-year rule, but there was no sign of his generals, or his U.S. allies, squeezing him out just yet.
Stocks were little changed on Friday after January's U.S. unemployment report showed the jobless rate fell to a 21-month low, but the number of newly created jobs barely grew.
U.S. employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
Palm oil output and stocks, already lagging robust demand due to rains in top Southeast Asia producers, could be made worse should the cooking ingredient become the next target for emerging markets seeking to buy big and dampen adverse effects of booming world food prices.
LOS ANGELES - Several international journalists are detailing on Twitter attacks on the media in Cairo.
Stocks traded flat on Friday as investors attempted to reconcile conflicting messages on the U.S. economy from the January jobs report.
In a probable response to the unrest rolling through the Middle East and North, Algerian President Abdelaziz Bouteflika has reportedly promised to lift the country’s state of emergency in the very near future.”
With protesters set for a tenth day of demonstrations in Cairo on Friday, Egyptian leaders were seeking for opportunities - without success - for talks with opposition members.
Stock index futures edged higher on Friday as unrest in Egypt kept investors cautious ahead of the key payrolls report.
European Union leaders will discuss strengthening the euro zone's 440 billion euro bailout fund at a summit on Friday and try to agree how best to insulate the region from the year-long debt crisis.
Stock index futures were little changed on Friday as the unrest in Egypt kept investors on the sidelines ahead of the key payrolls report.
As popular protests are bring down governments or seriously compromising rulers in the Middle East, one person looking at the turn of events uneasily is the Saudi Arabian King Abdullah.
After stirring up a storm with the 'V for Victory, You are the Resistance' campaign, Infowars has now accused the Obama administration of triggering blackouts.
Wall Street stock index futures were slightly higher on Friday ahead of the release of the keenly watched U.S. non-farm payrolls data.
World share prices rose while bonds fell on Friday as investors positioned for the possibility of strong U.S. jobs data, which would bolster the view of a recovering global economy and further boost riskier assets.
Director of the German Academic Exchange Service (DAAD) in Cairo tells Nature magazine that it would perhaps be in the interest of scientific pursuit in the country if Minister of Higher Education and Scientific Research Hany Helal continues to remain in office.