Violent Protests Rock The Middle East To The Core

The latest headlines from The Most Important News….

Bahrain’s military deployed armored vehicles in the streets of the Manama Thursday after an early morning attack on sleeping protesters killed at least three people and wounded 230 others.

Security forces have clashed with anti-government protesters in Yemen on the seventh consecutive day of demonstrations calling for the ouster of the president.

There are reports coming in of government forces killing anti-government protesters in Libya.

The governor of a remote southern Iraqi province was forced to flee Wednesday when protesters stormed his headquarters during violent demonstrations that illustrated the potential for upheaval in Iraq’s new, and still shaky, democracy.

The recent events in Egypt have emboldened protesters all across the Middle East and North Africa.

CBS News correspondent Lara Logan was reporting on the protests in Egypt Friday when she was separated from her crew and attacked. She is currently recovering in a U.S. hospital, having been sexually assaulted and beaten.

Egypt’s new ruling military council has appointed an Islamist judge to head the committee drawing up a new constitution, angering some of those who argued last week’s revolution would deliver the country to the Muslim Brotherhood.

The U.S. informed Arab governments Tuesday that it will support a U.N. Security Council statement reaffirming that the 15-nation body “does not accept the legitimacy of continued Israeli settlement activity“, a move aimed at avoiding the prospect of having to veto a stronger Palestinian resolution calling the settlements illegal.

Federal authorities charged more than 100 doctors, nurses and physical therapists in nine cities with Medicare fraud Thursday, part of a massive nationwide bust that snared more suspects than any other in history.

In the week ending Feb. 12, the advance figure for seasonally adjusted initial unemployment claims was 410,000, an increase of 25,000 from the previous week’s revised figure of 385,000.

In early February the worst freeze in 60 years wiped out entire crops all across the southwestern U.S. and northern Mexico.  Already, it has been reported that some U.S. supermarkets have doubled or even tripled prices for certain produce items.

Gasoline pump prices reached a 28-month high Wednesday even though oil and gas supplies in the U.S. continue to grow and demand for gas is weak.

U.S. consumers paid more in January for everything from food and gasoline to airline tickets and clothing.

Will rising interest rates cause the next recession?

Traders bet up fed fund futures in Thursday trading, pushing to 78 percent the chance that the Fed will boost interest rates at its December meeting.

The minutes of the latest meeting of Fed policy makers show there is some doubt about the prevailing view that there is little reason to worry about inflation when unemployment is elevated and factories are operating well below their maximum potential.

Why aren’t more Wall Street bankers going to jail?

51.2 million Americans are currently collecting social security benefits and of that amount, 7.7 million are early retirees, or young survivors of retirees who have passed away.

Is it time to replace the U.S. Federal Reserve altogether?

China remained the top foreign holder of American debt in 2010, according to data released Wednesday by the U.S. Treasury Department.

China has been using its position as the top foreign holder of American debt to ask for favors from the U.S. government.

Demand for gold in China is being described as “explosive“.

Demand for gold reached a 10-year high with spending reaching a value of $150bn (£93bn) in 2010, as Chinese and Indian consumers increased jewelry purchases and the world’s central banks became net buyers for the first time in more than two decades.

Demand in China for physical gold and gold-related investments is growing at a very rapid pace and its appetite for the yellow metal is poised to remain robust amid inflation concerns, said an Industrial and Commercial Bank of China (ICBC) executive recently.

Some of the taxes that Americans have to pay are absolutely bizarre.

Did an economic riot recently break out in the state of Wisconsin?

In Canada, the average household debt figure at the end of 2010 was $100,879, with the debt-to-income ratio at a record 150 percent.

As Secretary of State Hillary Clinton gave her speech at George Washington University yesterday condemning governments that arrest protestors and do not allow free expression, 71-year-old Ray McGovern was grabbed from the audience in plain view of her by police and an unidentified official in plain clothes, brutalized and left bleeding in jail.

Following an admission of guilt in federal court earlier this week from a TSA supervisor, two more TSA agents based at a completely different airport have been arrested for stealing thousands of dollars in cash from the luggage of travelers, while another was arrested and fired for seriously assaulting a co-worker in a dispute over a parking space.

While they’ve made strides in arresting illegals and building a fence along the U.S.-Mexico line, the Border Patrol only has “operational control” of 44 percent of the southern border, and of that only 15 percent is air tight, according to new General Accountability Office report.

The US Department of Agriculture (USDA) has approved plantings of three genetically engineered (GE) crops in as many weeks, including Monsanto Co.’s Roundup Ready sugar beets and alfalfa that are engineered to tolerate Roundup Ready weed-killing herbicide.

The biggest solar flare in years is headed towards earth.

Citing sinkhole losses and higher operating expenses, State Farm Florida asked state regulators today for a 28 percent premium increase on its homeowners policies.

Lots of earthquakes have been reported in Arkansas recently.

Barack Obama’s proposed 2012 budget, released publicly this week, suggests charging Canadians $5.50 to enter the country by air and sea to help pay for security checks and inspections at the nation’s airports.

Lastly, a slim majority of Republicans do not believe that Barack Obama, now in his third year in office, was born in the United States and therefore is legally eligible to be president, according to a poll by the Democratic firm Public Policy Polling.

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