Libya

South Korean stocks rose sharply during Thursday trading in Seoul on news that the country's factory output had surged higher in January. The export-driven economy's factory output climbed 4.6% above the previous month's level and 13.7% above the January 2010 level. The growth looks set to continue...

Reuters has published statistics that shows a clear picture of the economic landscape of countries in the Middle East. Even though Libya has a population of just 6.6 million people, the country is responsible for more than 2 percent of all global oil production. Libya's inflation is low at 3.5...

Government opponents in Libya successfully defended an attempt by Qaddafi loyalists to retake the city of Az-Zawiyah, a city close to the Qaddafi-controlled city of Tripoli. Fighting lasted for six hours overnight, according to Al-Jazeera. Meanwhile, the United States weighed options for...

US February PMI index (61.4) continues showing strong economic growth in the US in February. New order, employment, and price paid are all up in February. This is not a surprise. So far, every regional economic activity indicator has shown significant increase in February. The Chicago Purchasing...

The value of gold has seen its best monthly gain since November 2009 as a result of the political unrest in Libya. Spot gold was valued at $1,415.40 this morning, making the gains for April delivery 6.1%, the largest rise in gold valuation since November 2009. Political unrest and inflation are...

As oil surges on the Middle East conflict, analysts are making a few grim predictions regarding the potential for price increases. But the grimmest development of all comes from Italy's Foreign Minister, who, according to Reuters, says that Muammar Gaddafi's attempts to abolish the revolt in Libya...