Syria »

  • US President Barack Obama has agreed to seek a diplomatic solution on Syria after Russia pushed forward a plan to disarm the chemical weapons arsenal of its Middle Eastern ally. In his address to the nation Tuesday evening Obama asked Congress to delay its vote on a proposed military strike against Syria. Obama’s 15-minute address

  • Stock market » Stocks rally despite Apple flop
    September 12, 2013, 08:24 GMT

    Stocks in the US got off to a slow start after experiencing a 2% rally during the first two days of the week.  Volatility has been drained from the US markets in light of the issues related to potential military action in Syria.  Investors had priced in a targeted attack on Bashar al-Assad, which seems

  • US President Barack Obama continued his campaign for a military strike on Syria in the hours leading up to his public address. Russia’s bid to diffuse the likelihood of a US-led threat gained momentum Tuesday, shifting the debate back to the United Nations Security Council. Russia’s initiative calls for Syria to surrender its chemical weapons

  • Commodities » Gasoline prices rise on uncertainty
    September 10, 2013, 11:37 GMT

    Over the last month consumers have witnessed their fuel prices rise dramatically. The Syrian conflict, and headline risk, has helped move oil futures even further to the upside as of late. During times of economic turbulence, Wall Street and retail investors alike favor hard assets such as commodities. Everything from oil to gold, to grain

  • Forex » Congress set to vote on Syria Wednesday
    September 10, 2013, 11:19 GMT

    Market participants have shifted their attention to Wednesday, when US lawmakers are expected to vote on whether to authorize a military strike on Syria. Until now, the United States, along with several other nations, has reportedly armed rebel groups with weapons in an attempt to bring down the forces of President Bashar al-Assad. US President

  • President Barack Obama continued his pursuit of diplomatic support for a US strike on Syria shortly after landing in Petersburg, Russia for the G-20 Summit. Obama is seeking political cover from G-20 allies after deciding to intervene in the civil and regional conflict that has claimed the lives of hundreds of thousands of people. On

  • The summer doldrums should be lifted during the first week of September as traders return from vacations with tensions mounting in Syria.  President Barack Obama has taken the evidence that the Syrian regime attacked its own people with Chemical to the US populous and has asked congress to approve a limited military strike. By authorizing

  • Stocks rallied for a second consecutive day after revised GDP figures showed the US economy expanded faster than initial forecasts. Gross domestic product, which is the value of all goods and services produced in the economy, advanced 2.5 percent in the second quarter, up from last month’s initial estimate of 1.7 percent. Thursday’s revised figures

  • Stock market » Stocks rebound on energy gains
    August 29, 2013, 06:57 GMT

    US stocks rebounded Wednesday as high oil prices spurred a rally for energy shares. The rebound comes a day after US stocks reached an eight-week low on growing concern over military confrontation with Syria. The Arab nation of 23 million has been mired in turmoil for more than two years, with the army of President

  • US stocks took another tumble Tuesday as concern over a confrontation with Syria escalated. On Tuesday the potential of a US-led strike on President Bashar al-Assad’s military forces grew as a number of other nations, including Britain, Canada, France and the Arab League joined Washington in pressuring a firm response from Assad over the alleged

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