Court upholds Kenyatta win.

Unanimous decision declares March 4 presidential poll credible, dismissing fraud charges and prompting limited clashes.  [Reuters] Last Modified: 30 Mar 2013 19:48 Kenya’s chief justice has announced that the country’s Supreme Court has upheld the result of the country’s March 4 presidential poll, won by Uhuru Kenyatta. The six-member bench in Nairobi was hearing legal challenges to Kenyatta’s win […]

War in the Middle East? Israel fires on Syria.

(Reuters) – Israel said it fired into Syria on Sunday and destroyed a machinegun position in the Golan Heights from where shots had been fired at Israeli soldiers in a further spillover of the Syrian civil war along a tense front. It was not immediately clear whether Israel held Syrian troops or rebels responsible for […]

Cyprus to tax private savings accounts

(Reuters) – Cyprus said on Saturday it would tax big savers at its largest bank in a dramatic U-turn as it raced to satisfy European partners and seal an 11th-hour bailout deal to avert financial collapse.

Online forex: One man’s point of view

BY ’KUNLE ADEYERI (ADEFULLHOUSE@YAHOO.COM ) In Forex trading, you will see that technical indicators (charts, moving average lines, etc.) are very important for determining how currency prices move. Of course, fundamental analysis (economic data, current events, etc.) is also useful for predicting how a currency price will change. Underlying the fundamental and technical methods is […]

Cyprus sovereign long-term foreign currency credit rating cut deeper into junk status

    NEW YORK, March 21 (Reuters) – Standard & Poor’s cut the sovereign long-term foreign currency credit rating on Cyprus deeper into junk status on Thursday, lowering the rating to CCC from CCC-plus as the country struggles with a banking crisis. The European Union gave Cyprus until Monday to raise the billions of euros […]

Oil, Obama and Israel. Strange bedfellows.

Even as it plans to illegally drill for oil in the occupied Golan Heights, “Israel appears to have its eye on the occupied West Bank oil”, according to a classified Foreign Office correspondence [Reuters]  The schedule for President Barack Obama’s first visit to Israel and the Palestinian territories next week has just been released and […]

Tunisians mark Shokri Belaid’s assassination. Turns into rally against government.

  Belaid, a leftist lawyer, was shot at close range outside his Tunis home on February 6 [Reuters] Thousands of Tunisians have taken to the streets of the capital Tunis to demand the fall of the Islamist government they blame for the assassination of a leading secular politician 40 days earlier. Saturday’s demonstration was the biggest since Shokri […]