Thursday, November 20, 2008

Obama Receives Racial Insult from Al-Qaeda No. 2

Ayman al-Zawahri, the al-Qaeda No 2, said in a new message on a militant website yesterday that Barack Obama was “the direct opposite of honourable black Americans” like Malcolm X, and called him a “house negro”...

Read more Obama Receives Racial Insult from Al-Qaeda No. 2

Source: Times Online

Crude Oil Drops Below $50, Lowest Since 2005

After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight...

Read more Crude Oil Drop Below $50, Lowest Since 2005

Source: NY Times

Citigroup: Prince Walid Bin Talal Comes to Rescue

Saudi Arabian prince Alwaleed Bin Talal has come to the rescue of Citigroup with a much-needed cash injection today...

Read more Citigroup: Prince Walid Bin Talal Comes to Rescue

Source: Guardian News and Media

U.S. Labor Market: Jobless Claims Jump to 16 Year High

First-time filings for unemployment benefits shot up to their highest level since July 1992 last week, rising 27,000 to a seasonally adjusted 542,000 and punctuating the struggling state of the U.S. labor market, government data showed Thursday...

Read more U.S. Labor Market: Jobless Claims Jump to 16 Year High

Source: MarketWatch

Russia's Severstal Third Quarter Earnings Soar

Russian steelmaker OAO Severstal on Tuesday said third-quarter earnings more than tripled but cautioned that it is cutting output in half because of reduced demand...

Read more Read more Russia's Severstal Third Quarter Earnings Soar

Source: Wall Street Journal

Wednesday, November 19, 2008

Barack Obama Can Be More Dangerous for Russia

Focus Magazine has recently published an interview with Hans-Henning Schroeder, the chairman of the research group for Russia at the Berlin-based Institute for International and Security Affairs...

Read more Barack Obama Can Be More Dangerous for Russia

Source Pravda

Russia: Foreign Investment Down 14% to $76 Bn

Foreign investment in Russia fell 13.8%, year-on-year, in January-September to $75.8 bln while accrued foreign capital rose 27% from a year ago to $251.3 bln, the country's top statistics body said on Wednesday...

Read more Russia: Foreign Investment Down 14% to $76 Bn

Source: RIA Novosti