The United States closed its embassy in Damascus on Monday and President Barack Obama vowed to ratchet up pressure on Syrian leader Bashar al-Assad.
The United States has begun exploring alternate options to stem the bloodshed in Syria, after China and Russia vetoed a U.N. Security Council resolution calling on President Bashar al-Assad to cede power.
Syrian forces bombarded Homs on Monday, killing 50 people in a sustained assault on several districts of the city which has become a centre of armed opposition to President Bashar al-Assad, the Syrian National Council opposition group said.
Western and Arab states voiced outrage Sunday after Russia and China vetoed a U.N. resolution that would have backed an Arab plan urging Syrian President Bashar al-Assad to give up power, and Washington vowed harsher sanctions against Damascus.
Russia sought to delay a U.N. Security Council vote on a resolution aimed at ending the bloodshed in Syria, warning on Saturday of a so-called scandal should the current draft be put to council members, the Itar-Tass news agency reported.
The two American women who were kidnapped on Friday morning were released by their Bedouin kidnappers several hours later.
Russia shot down suggestions from some U.N. Security Council members of an imminent deal on a draft resolution aimed at stopping Syria's bloody upheaval, warning it would veto the current text if it were put to a vote on Friday.
The United States, European governments and Arab states have begun discussing the possibility of exile for Bashar al-Assad despite skepticism that the defiant Syrian president is ready to consider such an offer, Western officials say.
Faced with international political tensions, disruptive weather and natural disasters and global economic woes, oil companies in the U.S. and Europe reported overall declining earnings for the fourth quarter, even as they earned. The good news is that the U.S. became a net energy exporter for the first time since 1949.
The French aviation company, Dassault, defeated Eurofighter in India's $10.4 billion bid. Negotiations are now in the works for Dassault to sell 126 Rafale combat aircrafts to the Indian Air Force.
Assad has also rejected calls from the Arab League to step down from power.
Syrian President Bashar al-Assad's forces have taken the upper hand in escalating battles on the outskirts of the capital Damascus while top Western and Arab diplomats are seeking a U.N. Security Council resolution calling for him to go.
Libya will do all it can to protect its 75 percent stake in Zamtel, the fixed-line telecoms firm in Zambia, whose government announced plans last week to seize Libya's stake in the firm, Libyan Foreign Minister Ashour bin Khayyal said Monday.
Libya will do all it can to protect its 75 percent stake in Zamtel, the fixed-line telecoms firm in Zambia, whose government announced plans last week to seize Libya's stake in the firm, Libyan Foreign Minister Ashour bin Khayyal said Monday.
More than a year after a wave of popular uprisings swept across the Arab world, the White House spent Monday responding to the chaos the Arab Spring has unleashed in Syria and Egypt.
The EU's embargo on Iranian oil exports will add upward pressure to oil prices, OPEC's secretary general said on Monday, even though there is no shortage of oil on the market.
Iran is considering banning all oil exports to the European Union for five to 15 years, a senior Iranian lawmaker was quoted as saying on Sunday, while the country's deputy oil minister said prices would surge should the EU stop importing Iranian crude.
Oil prices could rise as high as $150 per barrel because of the European Union ban on imports of Iranian crude, the country's deputy oil minister was quoted as saying by the official IRNA news agency on Sunday.
Throughout all of Europe we have seen the rise in the polls of extreme right political parties.
HSBC Holdings PLC is under investigation by a U.S. Senate panel in a money-laundering inquiry, the latest step in a long-running U.S. effort to halt shadowy money flows through global banks, according to people familiar with the situation and a company securities filing.
Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.
The euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
