Oman protests come with calls for economic improvements and political reform, but stop short of demanding removal of the Gulf state's Sultan Qaboos.
The economy is in a slump, but the Fed is printing up money to fix the problems. And what we see are a lot of mixed signals.
The protests sweeping the Middle East reached Libya Tuesday night as hundreds turned out in Benghazi, known as a locus for government opposition figures.
Mikhail Prokhorov, one of Russia's richest men – and the owner of the New Jersey Nets basketball team – has announced that he will challenge Vladimir Putin in the March 2012 presidential elections. His move to throw his hat in the ring has thrown the spotlight once again on Russia's billionaires. A record number of billionaires now call Russia home – 114 of them, according to an annual list of the 500 richest Russians published in February by the Moscow-based Finans magazine. The number of billionaires is up from a mere 77 in 2009. To make this year's list, a Russian tycoon had to be worth at least $160 million. The assets of the top 10 grew last year by a whopping 30 percent to a combined worth of $182 billion. The bonanza has yet to reach Russia's struggling middle class; average incomes rose a paltry 4 percent last year, according to the state statistics agency Rostat. To be a former associate of Prime Minister Vladimir Putin helps, apparently. According to the magazine, Arkady Rotenberg, who did judo training with a teenaged Mr. Putin, jumped 17 places to become Russia's 63rd richest person, worth $1.75 billion. Two neighbors from Putin's summer home community near St. Petersburg also shot through the ranks this year to become the 115th and 184th richest persons. Here are the top five:
Street protests in Gabon, a punishing stalemate in Ivory Coast, a coming election in Uganda: there is plenty of news even as Africans remain glued to the Egypt revolt. Some of it may affect the price of your next steaming cup of cocoa.
As the extradition trial in Britain ended, the defense for WikiLeaks founder Julian Assange argued that the Swedish prime minister's recent comments have 'vilified' Assange in Sweden.
A Pakistan judge further extended the detention of a US official accused of shooting two Pakistani men, increasing already-existing diplomatic strain between the countries.