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Stocks Decline Amid Cyprus
Worries; Vix Jumps

CNBC, by JeeYeon Park

Original Article

Posted By:HoraceR, 3/19/2013 1:15:03 PM

Stocks turned lower in choppy trading Tuesday, with the euro tumbling to its lowest level since November, amid worries that Cyprus will reject its bailout plan. The Dow Jones Industrial Average turned lower, dragged by Caterpillar. If the blue-chip index closes lower, it will log its first three-day losing streak this year. The S&P 500 and the Nasdaq also tilted lower. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, jumped near 15. Among key S&P sectors, consumer staples held modest gains, while energy slumped.

Comments:
The bail in will be voted on shortly. It is going to lose. It may not get one vote in favor as the ruling party will abstain.

      


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Reply 1 - Posted by: Rafter, 3/19/2013 3:31:59 PM     (No. 9233489)

Socialism slowly self-destructs in every euronation.

Let that be a lesson to ya...
to all of us...
and our (deleted) CongressHo´s.

  Click Here if you Like this Comment

    11 persons like this.



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Associated Press, by Albert Aji *    Original Article
Posted By: horacer- 7/29/2013 3:15:04 AM     Post Reply
DAMASCUS, Syria — Syrian government forces backed by Lebanese Hezbollah militants forged ahead with their assault on a key rebel district in the central city of Homs Sunday, activists said, as President Bashar Assad’s forces try to crush resistance in the few remaining opposition-held neighborhoods in the city known as the ‘‘capital of the revolution.’’ The push on Homs is part of a broader government offensive on rebel-held areas that has seen regime troops retake some of the territory they have lost to opposition fighters in Syria’s more than 2-year-old conflict.

Egyptian army bars fishing
off Sinai coast
Times of Israel, by Staff    Original Article
Posted By: horacer- 7/20/2013 5:23:09 PM     Post Reply
Egyptian military officials said Saturday that the army has prohibited ?fishing boats from operating off the coast of the Sinai peninsula near the Gaza Strip until further notice. According to the officials, the purpose of the move, which has been implemented since Thursday, is to prevent Palestinian Jihad terrorists from infiltrating Egypt via the Mediterranean Sea. According to a source in the Egyptian army, Ynet reported, the success in the closing off of smuggling tunnels on the Egypt-Gaza border has lead to infiltration attempts ??by boat. Recently, the source added,

Egypt army says ready
to die in "final hours"
Reuters, by Yasmine Saleh    Original Article
Posted By: horacer- 7/3/2013 12:49:30 AM     Post Reply
Cairo - Egypt´s high command said on Wednesday the army was ready to die to defend Egypt´s people against terrorists and fools, in a response to Islamist President Mohamed Mursi that was headlined "The Final Hours". The post on the official Facebook page of the Supreme Council of the Armed Forces (SCAF), headed by armed forces chief General Abdel Fattah al-Sisi, said: "We swear to God that we will sacrifice even our blood for Egypt and its people, to defend them against any terrorist, radical or fool." Issued three hours after Mursi appeared on television to reject an ultimatum from

Cyprus banks remain closed
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Reuters, by Michele Kambas*    Original Article
Posted By: horacer- 3/26/2013 12:29:15 AM     Post Reply
(NICOSIA) - The president of Cyprus assured his people a bailout deal he struck with the European Union was in their best interests, but banks will remain closed until Thursday - and even then subject to capital controls to prevent a run on deposits. Returned from fraught negotiations in Brussels, President Nicos Anastasiades said late on Monday the 10-billion euro ($13 billion) rescue plan agreed there in the early hours of the morning was "painful" but essential to avoid economic meltdown. He agreed to close down the second-largest bank, Cyprus Popular, and inflict heavy losses on big

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CNN, by Barbara Starr*    Original Article
Posted By: HoraceR- 3/21/2013 6:19:22 PM     Post Reply
The United Nations will launch an investigation into Syrian claims that rebels used chemical weapons against its troops, even as U.S. officials told CNN Thursday that initial intelligence reports suggest no such weapons were used. The announcement follows days of claims by the Syrian government and rebel that the each used chemical weapons against the other side, allegations that have raised concern the ongoing civil war had entered a new, more deadly phase. U.S. President Barack Obama and other American officials have said in recent days there was no evidence to substantiate the reports that

   

 

  


 
Stocks Decline Amid Cyprus
Worries; Vix Jumps
CNBC, by JeeYeon Park    Original Article
Posted By: HoraceR- 3/19/2013 1:15:03 PM     Post Reply
Stocks turned lower in choppy trading Tuesday, with the euro tumbling to its lowest level since November, amid worries that Cyprus will reject its bailout plan. The Dow Jones Industrial Average turned lower, dragged by Caterpillar. If the blue-chip index closes lower, it will log its first three-day losing streak this year. The S&P 500 and the Nasdaq also tilted lower. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, jumped near 15. Among key S&P sectors, consumer staples held modest gains, while energy slumped.

Cypriot Authorities in
Revised Deal Talks
Financial Times, by Peter Spiegel*    Original Article
Posted By: horacer- 3/17/2013 10:09:09 PM     Post Reply
Cyprus´ embattled president was on Sunday in talks with Brussels and political rivals to ease the terms of a planned levy on smaller deposit holders as he tried to scrape together a parliamentary majority for a €10 billion bailout for the debt-laden island. President Nicos Anastasiades is still intending to raise €5.8 billion from Cypriot bank accounts to help fund the bailout, an unprecedented move by the eurozone that could yet spark wider concern about the safety of bank deposits in the bloc. Cypriot authorities were weighing an additional bank holiday on Tuesday pending emergency parliamentary ratification of the deal which would

Syria’s Assad running out
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Washington Times, by Staff    Original Article
Posted By: horacer- 3/12/2013 5:11:35 PM     Post Reply
President Assad Bashar is running out of government troops to fight off rebels, a new report detailing the Syrian leader’s recruitment effort suggests. A Sunni cleric close to Mr. Assad — grand mufti Sheik Ahmad Badr al Deen Hassoun — has issued a decree for more military recruits, The Guardian reports. The decree suggests a dire need; if volunteers don’t step up, the government may start enforcing its compulsory service authorities, The Guardian says.

Florida Republican Sen. Marco
Rubio calls Jerusalem Israel’s capital
Associated Press, by Staff    Original Article
Posted By: horacer- 2/20/2013 4:01:57 PM     Post Reply
JERUSALEM — An influential Republican senator has called Jerusalem the capital of Israel, taking a stand on an explosive issue between Israel and the Palestinians. The fate of Jerusalem is one of the most intractable issues in the Mideast conflict with both Israelis and Palestinians claiming rights to the city. In his first official visit to the country, Florida Sen. Marco Rubio told Israel’s president on Wednesday that Jerusalem is “of course the capital of your country.” He reiterated America’s bipartisan support for Israel.

Iran and Hezbollah build
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in event that Assad falls, officials say
Washington Post, by Karen DeYoung*    Original Article
Posted By: horacer- 2/10/2013 6:00:37 PM     Post Reply
Iran and Hezbollah, its Lebanese proxy, are building a network of militias inside Syria to preserve and protect their interests in the event that President Bashar al-Assad’s government falls or is forced to retreat from Damascus, according to U.S. and Middle Eastern officials. The militias are fighting alongside Syrian government forces to keep Assad in power. But officials believe Iran’s long-term goal is to have reliable operatives in place in the event that Syria fractures into separate ethnic and sectarian enclaves. A senior Obama administration official cited Iranian claims that Tehran was backing as many as 50,000 militiamen in Syria.

   

 

B-G1


 
Officials: Obama coming to
Israel to prevent strike on Iran
Jerusalem Post, by Staff    Original Article
Posted By: horacer- 2/10/2013 12:58:37 PM     Post Reply
The main purpose of US President Barack Obama´s visit to Israel in the spring is to warn Prime Minister Binyamin Netanyahu against attacking Iran, unnamed officials told Army Radio on Sunday. According to the officials, the urgency of the trip is because in his speech to the United Nations in September, Netanyahu had flagged the spring of 2013 as a significant time in the context of the Iranian nuclear threat. Therefore, they said, Obama is concerned that the prime minister will decide to attack Iran now when he is backed by

Image indicates Syria
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Reuters, by Maayan Lubell    Original Article
Posted By: horacer- 2/6/2013 6:00:54 PM     Post Reply
(Jerusalem) - A research center that Syria said had been hit by an Israeli air strike last week appears to have remained unscathed in the attack, according to satellite images broadcast by Israeli television on Wednesday. Diplomats, Syrian rebels and security sources said Israeli jets had bombed a convoy near the Lebanese border last week, apparently hitting weapons destined for the Lebanese militant group Hezbollah, which fought a 34-day war with Israel in 2006. Syria denied the assertions, saying the target was the Jamraya military research complex on the northwestern fringes of Damascus, 8 miles from the border.



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