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Italy’s Prime Minister Silvio Berlusconi (who is facing his own serious problems) has praised embattled Egyptian President Hosni Mubarak as a “wise man” and urged an orderly transition for the country to democracy.
U.S. stocks, led by insurer Aetna, finished the day strong amid a conflicting U.S. jobs report from the Dept. of Labor.
The following is an edited interview with Ellen Lust, a professor of political science at Yale University
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.
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.
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.
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.
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.
An anonymous tweeter has chosen to take the funny path with a spoof Twitter account called KennethColePR, to poke fun at the designer Kenneth Cole for his tweet on Cairo, Egypt.
The political chaos in Egypt and floods around the world have sent cotton prices skyrocketing.
U.S. Sen. John McCain R-AZ said on Thursday that the United States had develop a new policy and needed to do a better job of encouraging democracy amid a wave of protests in Middle Eastern countries.
Gold rose over 1 percent in choppy trade on Thursday, with a sudden jump by over $20 per ounce within minutes as large buy orders were apparently triggered in the future markets. This comes unexpected to precious metals experts, as the gold price was supposed to be kept low by the usual large Wall Street players during todays speech by Bernanke, and was set to rally on Friday, when unexpectedly bad labor market numbers will come in and drive gold prices higher.
Embattled Egyptian President Hosni Mubarak said that his country would sink into chaos if he were to resign.
Tens of thousands of Yemenis squared off in peaceful protests for and against the government on Thursday during an opposition-led Day of Rage, a day after President Ali Abdullah Saleh offered to step down in 2013.
