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With oil industry in crisis, hedge funds sense turning point

Hedge fund managers sensed oil prices were nearing a turning point last week, and for the first time in more than two months started to add long positions in anticipation prices would bounce from an unsustainable low. Overall, hedge funds and other money managers were still net sellers of...

Algeria sentences another protest figure to jail

An Algerian court Monday sentenced another leading figure in the country's anti-regime protest movement to one year in prison, part of a crackdown on activists, a support group said. Abdelouahab Fersaoui, who heads the civic group Youth Action Rally (RAJ), was arrested in October during a...

Turkish forces set up three new observation points in Idlib

(Zaman Al Wasl)- The Turkish forces have set up three new observation points in northern Idlib province, topping the number to 54 amid heavy reinforcements keep pouring to the last opposition stronghold in Syria despite a ceasefire deal reached last March, local activists said Sunday. ...