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Middle East Turmoil
Stocks were able to turn around in today’s session. Now, all eyes will be on President Obama as he addresses his strategy for defeating Isis. How will investors react?
How important are all of the international cross currents for U.S. stocks and is it time for American investors to pay attention to trouble spots around the globe?
President Obama met with other NATO leaders to discuss what to do about Russia and the turmoil in the Middle East.
The U.S. Federal Aviation Administration on Friday restricted American operators from flying over Iraq due to a “potentially hazardous situation” created by continued armed conflict. The FAA cited continued fighting between militants associated with ISIS and Iraqi security forces and their allies. The Pentagon on Friday confirmed that U.S. forces had conducted an airstrike against …
Stocks slumped as concerns over Europe’s economy and possible escalations in Ukraine and Iraq weighed on the markets.
While the bombs and bullets fly, Israel and Hamas are investing in a less violent but very effective weapon: social media. The Israel Defense Forces created its social media unit as part of its public affairs department in 2008 during Operation Cast Lead, another round of fighting against Hamas in Gaza that lasted three weeks. …
Michelle Caruso Cabrera spans the globe for hot spots that could have an impact in the second half of the year.
Investors who want to understand the future direction of Iraq don’t have many places to turn as the country’s violent landscape shifts daily. But there’s at least one solid indicator about the country’s future—and it involves the political standing of one man. Prime Minister Nouri al-Maliki is an immediate reference point for investors: If he manages to …
Islamic jihadists may not be the biggest threat to the unity of Iraq, it could be an oil refinery. In Kurdistan there is a refinery capable of processing 100,000 barrels of crude per day, but Baghdad says it would be unconstitutional to drill and export oil from there. Michelle Caruso-Cabrera is in Iraq and has more on …
Chaos in Iraq is creating turmoil in the oil and gas markets. Today President Obama was clear, the United States will increase support for Iraqi security forces, but reiterated American forces will not be returning to combat.
Late today President Obama met with a bipartisan group of lawmakers, discussing possible U.S. military options in Iraq, including air strikes and drone attacks and U.S. special forces helping train Iraqi Troops.
The path of violence by Islamic rebels reached Iraq’s capital city of Baghdad today, following the seizure of several key northern cities in the Sunni heartland over the past week. But as Michelle Caruso Cabrera reports from Iraq, no region of the country is safe from the unrest of its impact.
Another city in the Western part of Iraq was seized by Islamic fighters, just as Baghdad works to increase oil production and the U.S. flexes some military muscle on behalf of Iraq.
Charles Schwab Chief Investment Strategist Liz Ann Sonders weighs in on how turmoil in Iraq could impact the U.S. markets.
The Guardian reports that the group, whose actions in Iraq could derail the world economy, began its sizable cash reserves with the acquisition of oilfields in eastern Syria. From there, ISIS grew its treasury by smuggling antiquities and resources out of the embattled state. The Guardian said the details were discovered from a trove of flash drives acquired by Iraqi officials less than …