NEW YORK,- A dismal US monthly employment report added to poor news on China’s economy and more weak data in Europe to send oil prices sinking Friday. New York’s main contract, West Texas Intermediate crude for July, dived $3.30…
Daily Archives: June 2, 2012
Commodities mostly slump as economic storm clouds gather
by quite1982 •
LONDON, – Most global commodity prices tumbled this week amid a bloodbath on markets as traders fled to safety in the face of poor economic data and eurozone debt crisis developments that now threaten Spain. “Rising economic uncertainty in…
2 hurt in Lebanon clashes linked to Syria: security
by quite1982 •
BEIRUT,- Overnight clashes between pro- and anti-Syrian regime gunmen left two people wounded in the northern Lebanese city of Tripoli, a security official said on Saturday. Sporadic gun and rocket fire broke out at midnight and continued through the…
Jordan: Prosecutor-General denies reports on financial settlement with Dahabi
by quite1982 •
Amman – Amman Prosecutor-General, Mohammed Sourani, rejected as baseless some reports that there was a financial settlement on ex-chief of the General Intelligence Department Mohammad Dahabi’s issue Sourani also denied reports that the man was brought in to the…
Eurozone crisis hits unemployed, sends rate to record 11%
by quite1982 •
BRUSSELS,- The eurozone debt crisis has hit workers hard, with grim data showing Friday a manufacturing freefall and unemployment at a record 11 percent, piling pressure on EU leaders to restore growth. The unemployment rate in March and April…
Brent oil price slumps to eight-month low under USD100
by quite1982 •
LONDON,- Brent oil prices sank under $100 a barrel on Friday for the first time in eight months, hit by weak Chinese and US data and eurozone debt tensions centred on Spain. At about 0910 GMT, Brent North Sea…






