Tag Archive: Libya Uprisings

U.N. Security Council Authorizes No-Fly Zone in Libya

The United Nations Security Council approved a resolution Thursday evening authorizing a no-fly zone over Libya and other measures military action against Libya. The vote was 10-0 with five abstentions, including Russia and… Continue reading

Wholesale prices up 1.6 pct. on steep rise in food

WASHINGTON (AP) — Wholesale prices jumped last month by the most in nearly two years due to higher energy costs and the steepest rise in food prices in 36 years. Excluding those volatile… Continue reading

Food prices hit highs as oil rises

WORLD food prices have hit new records and oil price spikes could push them even higher, the UN food agency warned as unrest in the Middle East and North Africa hits markets. The… Continue reading

David Rosenberg warns of $200 oil if turmoil hits Saudi Arabia

Violence in Libya is roiling global financial markets today, driving down stock prices and pushing the cost of crude (CL-FT) to above two-year highs as several companies suspend output and fears grow of… Continue reading