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Global Intelligence
Intelligence, News And Market Analysis Global News As It Happens.
Oil Prices Closing In on $146 a Barrel
Oil prices neared $146 a barrel Thursday for the first time ever on reports of declining U.S. stockpiles and the threat of conflict with Iran.
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Job losses continue
Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government's closely watched report Thursday showed continued weakness in the labor market.
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Israel reassures West: No Iran attack in 2008
Israeli leaders have sent messages to several Western countries that ruled out an attack on Teheran in 2008. Israel told the governments of Britain, France and the United States that the Jewish state would allow for yet another diplomatic effort to halt Iran's uranium enrichment program.
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Energy Experts Puzzled Over Record Oil Prices
As crude soared to another record, the head of the International Energy Agency declared that the world is in the grip of an "oil shock," and the president of OPEC acknowledged he could not say whether prices would flatten out or continue to soar.
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Jerusalem bulldozer 'terrorist' kills 3 in rampage
Israeli authorities say a "terrorist" rammed a bulldozer into a bus and several other vehicles in Jerusalem Wednesday, killing at least three people and injuring at least 44 others, two seriously.
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Iran says any attack would provoke fierce reaction
Any attack on Iran would provoke an unimaginably fierce response and add to further turmoil to the already seething oil market, the country's oil minister warned Wednesday.
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Coalition Warplanes Kill 33 Militants in Eastern Afghanistan
Helicopters and a bomber attacked insurgents massing in eastern Afghanistan under cover of darkness, killing an estimated 33 people, the U.S.-led coalition said Tuesday.
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Israel seals Gaza crossings after rocket attack
Israel closed its cargo crossings with the Gaza Strip on Tuesday after accusing Palestinian militants of firing a rocket at southern Israel in violation of a shaky truce.
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Global stocks close dismal 1st half, outlook grim
The worldwide credit crisis that burst onto investors' radar screens nearly a year ago wiped out some $3.3 trillion in wealth from global stock market wealth in the first half of this year, and optimism for a second-half recovery is fading fast.
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Gas prices hit all-time high
Retail gas prices rose to a new record high overnight while diesel prices fell slightly, a daily survey by motorist group AAA showed Monday.
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New Public Military History Criticizes Pentagon on Post-Invasion Planning for Iraq
A new report by Army historians levels heavy, unvarnished criticism against Pentagon leadership for its failure to plan beyond the initial invasion of Iraq.
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Global stock markets keep grinding lower
As the United States markets edge toward bear territory, losing nearly 20 percent of their value from last fall's peak, investors might wonder where they can turn for relief..
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