Not yet. Middle East turmoil may increase the danger of rising oil prices triggering a double-dip recession. But while a short-lived oil price spike is quite possible, a sustained spike causing serious economic damage isn't likely. Still, the US should consider two approaches for insurance.
A protester holds a placard depicting Egyptian President Hosni Mubarak as Adolf Hitler in Cairo's Tahrir Square on Jan. 31.
Iran has repeatedly declared victory over Jundallah, the Sunni and Baluch group that claimed responsibility for a suicide bombing that killed at least 39 Shiite worshipers today.
Muslim pilgrims gather on the Plain of Arafat, outside Mecca, Saudi Arabia, on Nov. 15. The Hajj pilgrimage draws 2.5 million visitors each year, making it the largest annual gathering of people in the world.
US hiker Sarah Shourd's arrival in the US coincides with that of Iranian President Mahmoud Ahmadinejad, who says the US should now release Iranians it has detained.
Actress Angelina Jolie (c.) arrives at the Jalozai flood victim relief camp during her visit to flood-affected areas and relief camps supported by the United Nations High Commissioner for Refugees, in Pakistan's northwest Khyber-Pakhtunkhwa Province on Tuesday. Jolie, a goodwill ambassador for the UN refugee agency, called on Tuesday for constant and long-term assistance for Pakistan to help it cope with its worst-ever floods that have wreaked havoc on the impoverished country.