Monday, February 21, 2011
Colonel Muammar Gadhafi would have left Libya and taking refuge in Venezuela. And 'as they show a corresponding network of pan-Arab al-Jazeera from Tripoli. The source of news, which has not yet received any official confirmation from Tripoli or from Caracas, and 'the secretary added the Libyan embassy in Beijing, Hussein Sadeq to the meter. Meanwhile, Al Jazeera reported that the son of Libyan leader Muammar Gadhafi, Saif al-Islam (credited as the embodiment of the wing "reformist" regime, which paved the way for normalization of ties between Tripoli and the West since the beginning of crisis, the Libyan leader of the country), speaking to Libyan state television, said it was implementing a "conspiracy" against his country by an unnamed "separatist movement". Saif al-Islam has denied in his speech on television to the country in the unrest of recent days there have been hundreds of deaths, but admitted that for its tribal structure and Libya for oil may sink into civil war.
THE REBELLION. Libya's Colonel Qaddafi is facing an unprecedented rebellion, born in the wake of strong protests against their government in Tunisia and Egypt. The recent clashes in the city of Benghazi, Libya, arrived in the capital Tripoli. The violent scuffles between thousands of opposition protesters and supporters of the Gadhafi regime are still being held in Tripoli. The Al Jazeera television said quoting witnesses. The police, witnesses said, intervened with tear gas.
CRACKS IN THE ARMED FORCES. First cracks in the ranks of the Libyan armed forces. Some army units deployed in Benghazi, where the heart of the revolt, there were almost 300 people, have sided with the demonstrators. The commanders have urged the opposition to "liberate" Benghazi forces pro-Gadhafi. Medical sources said, Habib al-Obaidi, head of the intensive care unit of Al-Jala, and the lawyer Mohamed Al-Mana, that some soldiers were hospitalized with injuries sustained in clashes with the guard Gaddafi's personal. "They told us that they overwhelmed the Praetorians (Gaddafi) and joined the insurgency," said the lawyer Al-Mana.
OBAMA. The Obama administration following "very concerned" about the developments in Libya, and officially asked for an end "to all violence against peaceful demonstrators." Said State Department spokesman Philip Crowley. Crowley said in a statement that the U.S. is prepared to reduce the presence of their diplomats in the country where, according to evidence gathered, there were "hundreds of people killed or injured." "The comprehensive review of the number of dead - he explained - is not known because of difficulties of access in place for representatives of international media and associations defending the interests of human rights'. The U.S. has been in contact with Libya, demanding the immediate cessation of all violence against peaceful demonstrators. "We have done this to many Libyan diplomats, including Foreign Minister Musa Kusa, our firm opposition to the use of firearms against peaceful demonstrators - Crowley said. - Libyan leaders have pledged to protect the right to demonstrate peacefully. We ask the Lebanese government to fulfill this commitment and we feel responsible for all law enforcement officials who fail to act accordingly. "
The son of longtime Libyan leader Moammar Gadhafi warned in a nationally televised address early on Monday that continued anti-government protests might lead to a civil war that could send the country's oil wells up in flames. (Feb. 20)
Labels:economy Collapse Meltdown Libya Oil
MARC FABER NEWS
Dr. Doom? Marc Faber Sees Stock Buying Opportunity
The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ...
Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% Easily
Dr Doom warns stocks are oversold but S&P readies for another drop
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold
The Market Oracle
The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ...
Marc Faber: Bull in the short term, bear in the long term
... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ...
Marc Faber: Gold a possible canary in the deflation coalmine
Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ...
MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ...
"Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ...
“Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ...
Marc Faber Sees Further Downside
China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ...
Marc Faber: More S&P downside, commodities 'horrible'…except gold
Marc Faber says 'thanks' to Bernanke
[An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ...
Dr. Doom Marc Faber: Don't Bet on New Market Highs
Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ...
Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ...
"People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ...
Marc Faber notes liquidity squeeze depressing stocks but still buying gold
Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ...