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Traders work on the floor of the New York Stock Exchange

Global Markets overview 11/03/2011

U.S. stocks plunged on Thursday as weaker-than-expected economic reports from both domestic and overseas coupled with fears over the impact on oil price by pervasive unrest in the Middle East and North Africa weighed on the sentiment.

US stocks plunge on disappointing economic news?

Traders work on the floor of the New York Stock Exchange
U.S. stocks plunged on Thursday as weaker-than-expected economic reports from both domestic and overseas coupled with fears over the impact on oil price by pervasive unrest in the Middle East and North Africa weighed on the sentiment.
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Traders work on the floor of the New York Stock Exchange

US stocks open lower as oil weighs

US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.

Global Markets overview 09/03/2011

U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from the Bank of America.
gaddafi

Gaddafi warns of plot to colonize Libya

Even as calls for the intervention of the U.S. and the western forces in the Libyan crisis gained momentum, besieged Libyan leader Muammar Gaddafi has said there is a foreign plot to colonize his country.
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World Market Overview 09/03/2011

U.S. stocks rallied on the back of strength in financial shares after a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
Traders work on the floor of the New York Stock Exchange

Global Markets Overview 08/03/2011

U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
Traders work on the floor of the New York Stock Exchange

US stocks gain as oil retreats, banks rally

U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
Anti-Gaddafi rebels take up position near the oil facility of Ras Lanuf March 6, 2011.

US economic recovery could skid on oil: IHS

The spreading unrest in the Middle East's oil exporting countries could push crude prices higher, resulting in a huge blow to the U.S. economy which is otherwise looking good, according to an analyst.
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World Market Overview 08/03/2011

U.S. stocks ended lower on Monday, led by declines from technology shares after Wells Fargo downgraded the semiconductors sector.
3. South Africa

Most Workaholic Countries [SLIDESHOW]

The slideshow contains the Top 14 most workaholic countries, according to survey by Ipsos Global and Reuters. Japan, Australia, South Africa top the list.
U.S. President Barack Obama

US, NATO weighing options over Libya: Obama

President Barack Obama said the U.S. and its NATO allies are weighing wide range of potential options (including military intervention) to pressure Libyan leader Moammar Gaddafi from committing any further acts of unacceptable against the opposition rebels.

US stocks retreat as tech shares weigh

U.S. stocks turned lower on Monday, led by declines from technology and consumer-discretionary companies as oil prices remained near $105-a-barrel amid ongoing political tensions in Libya
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Global Market overview 07/03/2011

U.S. stocks ended lower on Friday as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
Aden's City in southern Yemen

US warns against all travel to Yemen

The Department of State has issued a travel advisory for Yemen, warning U.S. citizens of the high security threat level in the Middle Eastern country due to terrorist activities and the ongoing civil unrest.

Marc Chandler: In Defense of the US Dollar

After the financial crisis, US dollar-bashing has become en vogue. Marc Chandler, however, has emerged as a defender of the US dollar and “empire,” as he calls it.

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