Category Archives: Featured

Featured News from the world.

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Crude oil down in New York after U.S. supplies climb high

The price of crude oil has fallen to the lowest level in two weeks as a result of surge in the oil supply. Report from US Energy Department showed that the price of oil fell

The price of crude oil was down fro $181 to $109.24 a barrel at the Mercantile Exchange of New York. This is the lowest the price of oil could go since April 19th of last year.

It would be recalled that the prices of oil went up by as much as 32 percent a year ago. The crude oil stockpiling at Oklahoma has gained by as much as 102,000 to 40.5 million.

However, the cost of the gasoline has increase from the cost of 15 cents to $3.92 yesterday. This was the highest to be recorded since the tear 2008. The level of consumption of gasoline has dropped to a level 8.94 barrels last week.

Crude Oil down in New York after U.S. Supplies Climb to a Six-Month High

The price of crude oil has fallen to the lowest level in two weeks as a result of surge in the oil supply. Report from US Energy Department showed that the price of oil fell down by 16 percent. Stockpiles of oil increased to 3.42 million barrels when compared to 366.5 million which was the level of stockpile a week ago. This is one of the highest levels of stockpile recorded in the country since October of last year when the inventory forecast put it to a gain of about of 2 million barrels.

The price of crude oil was down fro $181 to $109.24 a barrel at the Mercantile Exchange of New York. This is the lowest the price of oil could go since April 19th of last year. It would be recalled that the prices of oil went up by as much as 32 percent a year ago. The crude oil stockpiling at Oklahoma has gained by as much as 102,000 to 40.5 million.

However the cost of the gasoline has increase from the cost of 15 cents to $3.92 yesterday. This was the highest to be recorded since the tear 2008. The level of consumption of gasoline has dropped to a level 8.94 barrels last week.

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Obama administration officials Visit Alabama

The officials of the government of the United States of America have visited the tornado affected cities of Alabama on Friday and Sunday and vowed to take action.

President Obama toured the city on Friday and was followed suit by the Homeland and Security Secretary Janet Napolitano who visited the affected area on Sunday. The officials who visited the worst hit including the aged promised to bring in federal assistance to the affected people. Obama had promised federal help for the affected people.

When the Homeland and Security secretary visited the devastated city she was accompanied by two cabinet secretaries as well as some journalists and lots of other government officials drawn from the federal, state and local government levels. They observed some of the damaged infrastructures such as the electrical wires and other items that were damaged by the storm.

As the government officials visited the devastated areas one could see the residents groping with the event. Some of the residents even exchanged views with the officials that have come to see things for themselves.

It would be recalled that heavy tornado hit the city of Alabama last week causing untold hardships to the residents. However one is expecting that the administration will live up to its promises by bringing succor to the affected people.

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Rebellions warn Yemeni president Saleh against massacres

Protestes in Yemen

Protesters are insistent on criticizing the breach of deal between the Gulf Cooperation Council and the Yemeni President and they fiercely demonstrated against the later. They warned the President that killing protesters would make it impossible to proceed with the deal.

The demonstrators issued this warning following the murder of 13 rebellions in Sanaa and one in Aden by the pro-government security forces. Around 100 protesters were injured in the clashes with the security forces.

The statement issued by the opposition demonstraters said that they had accepted the Gulf deal in hope to stop blood shedding, but the government has yet not stopped killing innocent peopleagitated them.

The opposition members feel that the Saleh government is using GCC deal to kill Yemenis and they would never accept the same if the massacre does not stop soon.

The deal is yet to be finalized and signed by the Yemeni government and the opposition members. The GCC proposal includes a transfer of power from Saleh to his opposition within 30 days of signing the deal  in exchange, Saleh and his supporters would be provided immunity.  There is also a condition of formation of new unity government within 7 days after Saleh’s resignation.

The GCC refers to six oil-producing nations in Gulf region, which have been working together to establish peace in Yemen.

However, the international human right group—Amnesty International opposed the proposal of providing immunity to Yemeni President and his supporters who are involved in brutal massacre of innocent people.

Amnesty International’s director for the Middle East and North Africa, Malcolm Smart stated that Saleh should not be allowed an escape from punishments for the human rights crimes he committed—torturing Yemeni civilians and killing them.

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Obama releases certificate to rule out birth controversies

The US President Barrack Obama finally comes forward to rule out all controversies about his birthplace. Right from the presidential campaign there have been allegations made by the opposition doubting and questioning about Obama being a rightful candidate for the presidential post.

The White House has released a formal long form version of birth certificate showing that President Obama was born in Honolulu. Obama expressed his bewilderment over the queries over his birthplace. During campaigns, he had repeatedly tried to calm the voters assuring that he was a rightful candidate for the presidential post and was a legitimate native of the United States. He stated that the rivals spread the rumor in order to pull some extra votes.

Talking about the economic slump, which the United States is still struggling with, Obama stated that there were more serious matters to be thought over and no one had time to discuss such things.

According to a recent poll conducted by the CBS/New York Times, one fourth of the American population was still found under conservative influence doubted Obama’s constitutional legitimacy to be the president of the country and think that he was born outside.

This made Obama rethink over his stand on the issue. Admitting that the rumor was not doing any good to the country, he clarified the matter by releasing an official birth certificate, stated White House communications director Dan Pfeiffer on its website.

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Syrian crisis poses challenge to Middle-east peace

All the neighbors of Syria including Israel and Iran are of the opinion that the present regime in Syria must end now. The situation in Syria is much more complicated than it appears. All the countries and the happenings in the middle-east have close links with consequences and developments in Syria. All the situations arising out in Middle East due to Hamas, Iran, Lebanon, Israel, America., Iraq, Hezbollah are having some direct or indirect link with Syrian factor.

The role of Syrian people makes the situation even more complex. There is a fraction of people who thinks that the Present is providing the stability and security to the regime,. If the President is ousted, then the whole of Syria would be lost in uncertainty like Iraq and Afghanistan. People of Syria still remember the situation in Iraq where the country is lost in political uncertainty. The neighbors are worried about situation in Syria.

The Israel has her own dilemma.  Israel has concerns of getting off the bath party rule. Israel’s fear is that the Bath party rule may end up and more radical govt. Also Israel is closely examining the developments in Syria especially when the army will take over the epicenter of revolt Deraa.

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Syrian security forces kill 20 anti-government protesters

Entire Syria is in chaos and bloody turmoil. Hundreds of demonstrators have been injured and many of them were killed during clashes with security forces on Friday. The pro-government forces shot bullets and used tear gas to scatter people.

The mass protests against the autocratic ruler–  President Bashar al-Assad has turned into fierce struggle now in all parts of Syria and the government is adopting every mean to crush and suppress the rebellions.

Though Syrian government announced many concessions to the rebellions including lifting state of emergency, the protests continued demanding more political freedom. The demonstrators are insistent on their demand for ouster of the Ba’ath party government. Damascus and many other cities witnessed escalating violence and security forces opened guns to control the protesters.

According to some reliable sources, around 25 protesters lost their lives in Friday clashes with the pro-government forces out of which six were from Izraa and rest from Damascus and other cities.This can be considered as the bloodiest day of Syrian crisis from the day demonstrations against President Assad began.

In last few weeks of unrest in Syria, more than 220 people have died so far. Despite this, the protests are intensifying day-by-day and spreading fast in all parts of Syria. The Syrian protests are considered an impact of the recent upsurge in different countries in the Middle East and other nations against autocratic rulers.

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Rebellions welcome coalition forces’ armed aircraft in Libya

US President’s decision to deploy armed aircraft has been welcomed by the Libyan citizens. They were overwhelmed with US initiative to stop killing of civilians and hoped that NATO-led coalition forces would soon overtake the pro-government security forces.

Barack Obama justified the use of  armed Predator drone aircraft by the coalition forces against Gaddafi supporting Libyan forces to speed up their mission to save rebellions in Libya, stated Robert Gates, the US Defense Secretary.

US delegates visited Libya after sending two predatoaicraft to minimize thi mission citing the bad weather. McCain, top opposition leader and member of Senate Armed Service Committee stated that he had talked with the  the Libyan rebellions’ government– Transitional National Council, in Benghazi. McCain admired the rebellions’ fight against the autocratic ruler Gaddafi and called them as heroes.

The chairman of the Joint Chiefs of Staff in Baghdad Adm. Mike Mullen,  aso gave similar views on the condition of Libyan crisis. He stated that the continuous air strike by the US military and coalition forces have compelled the pro-government forces to step back and their strength has reduced.

Mullen told the US military deployed in Baghdad that the US forces would soon defeat Gaddafi’s supporters and he would be thrown out of power very soon. However, Mullen was not sure when exactly this target would be be achieved.

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NATO warns civilians to stay away from military areas in Libya

The international community’s mission led by NATO has issued a warning to the Libyan rebellions to stay away from the military areas so that their air strikes target the Gaddafi-supporter security forces only. The international forces are continuously attacking the Libyan military areas by air strikes, however want to protect civilians from them.

The United Kingdom and France blamed NATO for not caring enough to protect civilians during air strikes, following which NATO-led international security forces have issued this warning to the Libyans to stay away from the military action areas.

An anonymous official revealed that the NATO had declared on April 20 regarding their determination to pressurize Gaddafi-supporting Libyan forces to protect the civilians. They would continue to attack the Libyan military until they stop suppressing the rebellions, stated Lt. Gen. Charles Bouchard, commander of NATO’s Libyan operations.

NATO’s next strategy will be to increase airstrikes against the pro-government security forces and target Tripoli and surrounding areas.

However, the main concern of the international community will always be to avoid civilian casualties due to air strikes so that Gaddafi does not take advantage of a ‘propaganda victory.’

The NATO-led international security forces are not seeking any additional help from the US military, revealed the official. The US airplanes are attacking Libyan military’s air defense sites but NATO has not asked for any ground assistance. In fact, there is a probability of US pulling back its military from the entire Libyan mission.

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UK premier criticizes UN resolution on Libya

UK prime minister disagrees with the UN resolution on Libya calling it a restriction against the global community’s mission to protect civilians in the country.

David Cameron stated that it would constrain the NATO-led coalition power in protecting civilians against the atrocities by the Pro-Gaddafi security forces in Libya. However, he justified the restrictions at the same time.

According to the Libyan rebellions, more than 6 people have been killed on Sunday during a clash between security forces and rebellions in Misrata. The opposition members are continuously protesting against the autocratic leader Colonel Gaddafi and asking him to resign. The pro-government security forces fiercely suppressed the rebels and regained control over their stronghold recently, despite international efforts to protect the civilians.

The British premier further stated that despite the fact that the coalition forces were there to protect civilians’ lives, he could not say it was wrong to implement new UN Resolution on Libya, however it was certainly restricting them.

Cameron also stated that the resolution would block the mission that was began to take over control from pro-Gaddafi Libyan forces who were making the life of people miserable in Misrata and coastal areas of Libya.

Camerron emphasized on putting continuous pressure over Libyan ruler to agree for a peaceful settlement, which could also include giving some relief to Gaddafi.

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US president to cut more on spending to compensate for debt

Barack Obama reveals US Congress requires making more cuts for making up for the fiscal deficit. The government needs to finalize a deal over limits to borrow.

The deal if passed by the Congress would reduce the pressure over meeting 2011 budget for the government however the problem would remain same regarding the more difficult time lying ahead. The President justified the suggested cuts which he stated are vital for the sustenance of the US economy.

The opposition Republicans have been crying aloud not to raise the debt limits from the level of $14.3 trillion, in case the spending concessions are not increased by the Democrat government.

However the Democrats consider it a separate issue and do not want to mix up increasing debt limit with spending. The United States is almost reaching its debt limit prescribed constitutionally by mid of May. In case the nation does not lift its debt limit it would be in defaulter’s line for its own debts.

However, Obama did not clarify whether the Congress would vote for spending and debt limit issues simultaneously or hold specific votes for the votes.

Obama also did not rule out the possibilities of accepting the oppositions’ demand for clubbing spending cuts with increase in debt limit.