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Im not sure violent protests are the way forward and i dont think they should be encouraged.I find it disturbing that Egypt is now being used as a blueprint for "change"What if this is the NWO plan?? bring chaos and unrest to the World???
Im not sure violent protests are the way forward and i dont think they should be encouraged.I find it disturbing that Egypt is now being used as a blueprint for "change"What if this is the NWO plan?? bring chaos and unrest to the World???I am sure my view will not be shared by many....But the pen is mightier than the sword.Violent protests are not the answer.This will only bring more death and pain.
U.S. stocks tumbled as escalating tensions in the Middle East and North Africa sent oil prices soaring.European markets also declined on the geopolitical turmoil, adding to the previous session's heavy losses. Italy's stock market was closed for most of the day because of what the exchange said was a technical glitch, and stocks fell when trading began in the afternoon. The Stoxx Europe 600 index dropped 0.6% to 285.38.The Dow Jones Industrial Average slid 178.46 points, or 1.4%, to 12212.79. It was the biggest percentage and point drop since Nov. 16. The Standard & Poor's 500-stock index dropped 2.1% to 1315.44, and the Nasdaq Composite fell 2.7% to 2756.42.Investors said the U.S. stock market had been ready for a pullback, as major indexes had risen for 16 of the past 20 sessions to reach 2½-year highs on Friday. U.S. markets were closed Monday for a holiday.Wal-Mart Stores weighed on the Dow, sliding 3.1% after the retailer's fiscal fourth-quarter profit rose 27%, capitalizing on strength in its international business, but its U.S. operations continued to struggle. Wal-Mart posted its seventh consecutive quarter of lower U.S. same-store sales, and fourth-quarter revenue fell short of expectations.Bank of America fell 3.9% after saying its credit-card subsidiary was restating eight quarters of reports to regulators because it took a $20.3 billion write-down due to deteriorating credit and new regulations over the past two years.Libyan leader Col. Moammar Gadhafi, in a televised speech, defied protesters seeking his removal and vowed to remain in Libya "until the end." Oil prices jumped on fears that supplies from the country, a major crude exporter, will be disrupted.Compared with Friday's closing level, crude for March delivery surged $7.37 a barrel, or 8.55%, to $93.57 on the New York Mercantile Exchange, the biggest dollar gain since September 2008.Energy components were among the few gainers in the Dow Industrials, thanks to the rise in oil. Chevron gained 1.6%, while Exxon Mobil rose 1.1%.In Milan, the stock market was closed for most of the day due to "a technical issue on the price information systems," Borsa Italiana said. When it opened, the benchmark FTSE MIB index fell 1.1% to 21993.96, adding to Monday's 3.6% slump. Italian stocks are seen as particularly sensitive to the Libyan turmoil given Italy's close ties to the country. Oil company Eni fell 0.9% and lender UniCredit /quotes/comstock/23g!ucg (IT:UCG 1.84, -0.03, -1.82%) dropped 1.8%, following steep falls Monday.Elsewhere, London's FTSE 100 fell 0.3% to 5996.76, Frankfurt's DAX was marginally lower at 7318.35 and Paris's CAC 40 slumped 1.2% to 4050.27.Airlines ranked among the hardest-hit stocks because of the spike in oil prices. Air France-KLM dropped 3% in Paris, and easyJet /quotes/comstock/23s!a:ezj (UK:EZJ 366.00, 0.00, 0.00%) fell 2.9% in London.In London, defense-related stocks fell on fears the U.K. might make further cuts to its military budget. BAE Systems was the biggest decliner on the FTSE 100, down 4.3%, while Rolls-Royce fell 1.5% and Smiths Group dropped 0.9%.The Swiss franc rose sharply against the dollar as traders sought safety.The dollar was at 0.9385 franc in late New York trade, down from 0.9471 franc Monday. The euro slipped to $1.3653 from $1.3675.Gold for February delivery climbed $12.30 per troy ounce, or 0.9%, to $1400.50 on the Comex division of Nymex.You are not allowed to view links. Register or Login
by Gema » Wed Feb 23, 2011 4:18 am Kadhafi is killing his own people. I believe more than ever that he is psychopath. How can this person run a country?? He is not well.by diggyon » Wed Feb 23, 2011 4:51 am Ghaddafi is really crazy.