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EU concerned about latest Gaza violence

The European Union on Saturday expressed concern at the worst Israeli-Palestinian violence in three years which left 14 Palestinians dead, calling on both sides to restore calm. A statement from EU foreign policy chief Catherine Ashton said the bloc “is following with concern the recent escalation of violence in Gaza…

World markets slide, oil soars on Libya unrest

LONDON (AFP) – Global markets dived Tuesday and oil prices spiked above $108 per barrel, as sentiment was rocked by violent unrest in Libya, while the safe-haven US dollar gained ground. “The revolutions in Tunisia and Egypt are continuing to spread across the region. It seems to be Libya’s turn…