How long will GCC troops patrol the streets of Bahrain?
The Bahrain Government has taken a huge risk in inviting troops from its neighbors on to its streets to quell unrest between Shia and Sunni Muslims that has threatened to turn into a civil war.…
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Japanese stocks crash 13% into bear market on radiation risk
Japanese stock indices crashed into bear market territory today as fears grew of a major radiation hazard from nuclear power stations crippled by the earthquake last week. If the wind blows in the direction of…
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1,000 Saudi troops enter Bahrain, UK no-travel advisory
Bahrain has called on its neighboring GCC states for assistance in quelling a mounting revolt by Shia citizens that threatens to turn into a civil war, and an armored column of 1,000 Saudi troops crossed…
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France tells its nationals to leave Tokyo due to 70% aftershock and nuclear meltdown risks
France is perhaps being unnecessarily alarmist in advising its nationals to leave the Tokyo area ‘for a few days’. But this is also a prudent response to the current emergency with the Japanese earthquake advisory…
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Nikkei slumps 6.2%, US futures lower, $183bn liquidity injection
The Bank of Japan came to the rescue of earthquake hit financial markets with a $183 billion liquidity injection to start the week but this did not prevent Japanese stock markets shedding around seven per…
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Stocks rebound from Saudi to Dubai as day of protest flops and Prince Alwaleed invests $130m
Persian Gulf stock markets rallied further on Sunday in the wake of the failure of protestors to emerge in any number for the planned Saudi day of anger on Friday. Prince Alwaleed’s bargain hunting at…
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Japanese contagion risk threatens tipping point for global financial markets
The Japanese economy, along with the UK, was already contracting in the fourth quarter of last year, but the devastation of the 9.0 earthquake on Friday will probably turn this into a recession with at…
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Gold guru Jim Sinclair still sees $1,650 gold price as too low
Gold super guru Jim Sinclair called the market top for gold to the day in 1980 but was a bit early with his $1,650 call for mid-January this year. This interview was recorded before the…
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Riyadh quiet, Japan threatened by nuclear meltdown after earthquake
Japanese technicians are battling to prevent a nuclear meltdown at two power station after the seventh strongest earthquake in recorded history yesterday which left a 1,300 mile stretch of coastline devastated and oil refineries burning.…
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Jim Rogers sees silver and gold going much, much higher, and the dollar lower
Legendary commodities bull Jim Rogers is full of enthusiasm for physical gold and silver and futures but does not own precious metal stocks. The dollar should be rallying on all this bad news in the…
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