YOUR FRIENDS' ACTIVITY

    “Markets Are Terrified” as Middle East Turmoil Continues to Flare, Says Expert

    Wednesday brought additional fighting in Libya, protests in Syria and a state of emergency in Yemen as unrest continues to roil entrenched regimes across the Middle East and North Africa.

    Having already toppled dictatorships in Tunisia and Egypt, the so-called Jasmine Revolution has "got a long way to go," says Robert Powell, Mid-East analyst for The Economist Intelligence Unit. "The aims of the protests are extremely difficult for entrenched regimes to meet; there's very little middle ground."

    In the accompanying video, Powell and I discuss where the movement is likely to spread next, the U.S.'s inconsistent — and arguably hypocritical -- response, Iran's role in Bahrain as well as the current situation in Egypt.

    We also discuss the potential for unrest in Saudi Arabia, the scenario about which Powell says "markets are terrified."

    FOLLOW 'THE DAILY TICKER'

    "The Daily Ticker" covers the most important business stories of the day -- the economy, investing, corporate leadership and politics. "The Daily Ticker" picks up where Tech Ticker left off and is hosted by Aaron Task, Lauren Lyster and Henry Blodget. Often serious, sometimes irreverent and always interesting, "The Daily Ticker" gives viewers a unique take on the business world's most crucial stories.

    Subscribe and RSS

    [X]

    How to subscribe

    Roll over each section to subscribe using Add to My Yahoo! or RSS Feed feeds.

    Yahoo! News offers dozens of RSS feeds you can read in My Yahoo! or using third-party RSS news reader software. Click here to find out more about RSS and how you can use it with Yahoo! News.
     
    Recent Quotes
    Symbol Price Change % Chg 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
     
    Sign-in to view quotes in your portfolios.