by | Feb 1, 2011 | Towing
With protesters swarming the streets of Egypt, its stock market has taken a hit. But discount the doomsday scenarios. The sell-off could provide a good entry point for investors with the stomach to endure until things turn arou…
by | Feb 1, 2011 | Towing
Google (GOOG) and Twitter have launched a phone service that will let people in Egypt send out tweets, even though the country’s Internet service has been effectively shut down.
Users will be able to call a phone number and leave a voice message, whi…
by | Jan 31, 2011 | Towing
Even though no reports of supply disruptions have surfaced, Brent crude hit $100 a barrel in London trading, while U.S. prices hit $92. Europe is more vulnerable because much of its crude flows through the Suez Canal and adjace…
by | Jan 28, 2011 | Towing
Have social networks like Twitter, Facebook and YouTube become the weapons of revolution? Egypt’s president shut down the Internet on Friday to try to calm the protests rocking the country. But while the Internet may be an enab…
by | Jan 28, 2011 | Towing
With an oversupply of oil on the market and OPEC afraid that higher prices will impair the U.S. recovery and sap demand, the fundamentals point to an oil price drop in the near term. Yes, markets move on emotion, and fears abo…