Today in Atlanta highway and busy streets, a 12-year old Zebra; Lima, was the case of a hot police pursuit, as it turned the highway into a giant circus after that it escaped from a circus

Almost 2500 companies from the United States and many other countries from all around the world were the victims of a very sophisticated and massive cyber attacks from Eastern Europe and China, bringing into evidence how vulnerable is the private sector to such attacks...

As the Federal Reserve Bank yesterday raised the rate charged to banks for direct loans or as known as the discount rate by a quarter point, marked the first hike since June 2006, the Feds taking this action supported the fact the U.S. economy might be the first out of major economies to pull out the stimulus measures which increased the appeal of the dollar. The Dollar Index, which usually measures strength of the dollar versus six major currencies, is currently traded at 81.07 while recording a high of 81.33 and a low of 80.86.

Google Inc., the largest search engine in the world, is getting prepared to face its opponents in New York court after the company delayed the launch of the largest electronic library in the world, following the deal with a group of American writers and publishers.

UK's PM Gordon Brown had recently accused the Tories of attempting to scare the public voters into accepting a dim future regarding the high deficit, although economists have supported the government in its decision to delay spending cuts till 2011.

Technical outlook for crude oil-weekly 19-02-2010

Inflation in the United States remains clearly under control, despite the recent improvement in economic activity, though rising energy prices are somehow increase headline inflation; yet core inflation remains well under control, since the U.S. economy is still recovering from the worst recession since WWII.

US CPI of January came in at 0.2%; worse than the forecasted 0.3% but higher than the prior reading of 0.1%, while that it came in at 2.6% for the year ending January

Canada Retail Sales for December came in at 0.4%, while the Retail Sales Less Autos rose cheerful to 0.4%

Canada Leading Indicators for January plunged to 0.9%

As the Hamas leader, Mahmoud al-Mabhouh was choked in his hotel room in Dubai in January, the Interpol said that it is issuing "Red Notices" to capture 11 people who are claimed to be responsible for the crime.

Mayor of the city of Roubaix located near the French city of Lille has settled a lawsuit against the Belgian restaurant chain "Quick", which provides fast food meals, accusing it of discrimination after its decision to offer only "Halal" food in all its eight restaurants located in the city.

Yesterday, the producer price index for the month of January showed that inflationary threats rose on a monthly and yearly scale, today the consumer price index's overall data will be released later on, and is highly forecasted to show an incline confirming the same scheme; while that the Federal Reserve discount-rate increases it hints an end to emergency measures.

The greenback bounced on Friday for the third day against a basket of major currencies, seen by the dollar index, gaining momentum from the FED's unexpected rise in discount rate from 0.5% to 0.75% for the first time in three years.

U.K. retail sales excluding Auto Fuel slipped to -1.2% in January from 0.3% revised to 0.5% in December and -0.5% estimates.

Although there has been increasing signs of a recovery around the world, yet it remains uneven especially as still some of the dominate sectors fueling economic growth that are unstable, therefore weighing on growth levels. In the euro zone today we see improvement continue in the manufacturing sector, while services sector remains shaky. Also, retail sales in UK continue to slide from the fragile job market.

Technical outlook GBP/USD ahead of the UK retail sales 19-02-2010

Euro Zone's current account seasonally adjusted showed a surplus of 1.9 billion euros in December relative to the revised 0.5 billion euros deficit revised to 0.1 billion euros surplus.

Germany producer prices in January 0.8% from -0.1% which is higher than the expected reading of 0.3% while on the year -3.4% from -5.2%, which is better than the projected -4.0%

An official in Pakistan said 29 people died, while 50 others were injured in an explosion in a market in Khyber territory in the northwest of Pakistan. Officials said that Azzam Khan the leader of "Shokr Al Islam" was killed in the explosion

European economies showed remarkable improvement in the third quarter and slight improvement in the last quarter after the fiscal and monetary measures adopted by the governments and central banks, but skepticism that recovery may falter or at least be sluggish this year is prevailing after the volatility in data released recently.