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Iraq oil revenues lowest since February 2011
Jul 1st, 2012
Iraq's revenues from oil, which account for the lion's share of the country's income, fell in June to their lowest level in 16 months because of rising local demand, an oil ministry spokesman said on Sunday. (Source: AFP) -
BAGHDAD (AP) - A car bomb exploded as Sunni worshippers were leaving a mosque after evening prayers Tuesday in Baghdad, the deadliest in a string of attacks that killed at least 20 people nationwide in a week of the most sustained sectarian violence in the country since U.S. troops withdrew more than a year ago. (Source: Associated Press)... [Full Article]
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity. Initial claims for state unemployment benefits fell 4,000 to a seasonally adjusted 323,000, the lowest level since January 2008, th... [Full Article]
By Sudip Kar-Gupta LONDON (Reuters) - Britain's benchmark equity index rose on Monday to its best closing level since late 2000, helped by rising bank stocks, and analysts said there was little holding it back from its all-time highs. Interest rate cuts and injections of liquidity by central banks have hit returns on bonds, driving investors t... [Full Article]
NEW YORK (Reuters) - Single-family home prices rose more than expected in February, posting their best annual rise since May 2006 in a fresh sign the housing recovery remains on track, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 1.2 percent on a seasonally adjusted basis compa... [Full Article]
CAIRO (AP) - Egypt's highest appeals court on Wednesday upheld the acquittals of 24 loyalists of Hosni Mubarak who were tried for having organized a medieval-style attack in which the ex-president's supporters riding camels and horses attacked anti-government demonstrators, a pivotal moment in the country's 2011 uprising. (Source: As... [Full Article]
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