The Obama Administration signed an agreement to sell Boeing F-15 fighter jets to Saudi Arabia, an agreement proposed by Congress in 2010.
Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Qatar – as well as Iran - use the Strait to transport oil and/or natural gas exports.
U.S. February crude jumped 90 cents to $99.57 per barrel after reaching a high of $99.87. Brent February crude rose 46 cents to $108.17 per barrel. Trading volumes were light. The oil price increase was different than a week ago when Europe concerns pushed prices below $100.
Due to Kenya’s soaring unemployment rate, the men are easily fooled into this trap.
Hawa is apparently still determined to enroll in college.
The Strait of Hormuz has been in the news recently because the price of oil spiked on Tuesday after rumors that Iran might close the Strait of Hormuz, disrupting supplies from the Persian Gulf.To get through the Strait, tankers must pass through Iran's territorial waters.
The United Nations High Commissioner for human rights on Friday urged the UN Security Council to refer Syria to the International Criminal Court in the Netherlands following a reveal of evidence by an independent panel that suggests the country's security forces have committed crimes against humanity as it attempts to clamp down on an eight-month-old uprising.
Following the example set by the Arab League and the U.S., Turkey on Wednesday slapped a series of economic and financial sanctions on Syria over the government's continued bloody crackdown on an eight-month uprising.
The escape route from risky peripheral euro zone debt into higher-yielding emerging markets is becoming increasingly tortuous, as the debt crisis marries the performance of all assets closer together.
Mother-of pearl dashboards and diamond-encrusted hood ornaments at the Dubai International Motor Show this week underlined how the safe-haven status of the United Arab Emirates is fuelling dramatic growth in sales of luxury cars.
Africa's biggest hospital group by value, Mediclinic International, reported 10.7 percent rise in first-half profit as strong demand and favourable currency swings helped offset the dilutive effect of a rights offer.
Highlights and photos from the Nov. 6 ING New York City Marathon, including Geoffrey Mutai's record-breaking win, which may get him to the 2012 Olympics, and Amanda McGory's course-setting record for the NYC Marathon's women's wheelchair race.
Libya's ruling National Transitional Council has elected little-known academic Abdul Raheem al-Keeb as the new interim prime minister to guide the country as it emerges from a bitter civil war towards a new constitution and democratic elections.
The seven-billionth human is expected to be born on Monday, but an expert who helps do the counting says that event comes as the Earth undergoes a demographic shift toward slower population growth.
The latest news on the floods in Bangkok and how it is affecting travel and tourism in the region.
The United Arab Emirates plans to provide $3 billion in financial aid to Egypt but is still discussing the mechanism to deliver it, a senior UAE official said on Saturday.
President Barack Obama said Friday that all U.S. troops will be withdrawn from Iraq by the end of the year.
It's the opportune time to consider the future of Libya. A future without the bloody rule of Gadhafi.
Here is a list of the top 10 child-friendly restaurant chains in the U.S., as of 2011.
Members of American's AAdvantage and Etihad Guest frequent flyer program can now redeem miles on eligible flights from both carriers
Could malaria be the new smallpox? The World Health Organization said on Monday that nearly a third of the countries where malaria is endemic could eradicate the disease within 10 years.
Switzerland has already placed a freeze on Mubarak family assets as well as those of other former Cairo officials.
