Stocks Offer Surprising Strength, So Far

The United States will be celebrating Independence Day on Thursday -- and investors may choose to celebrate that the U.S. stock market didn't slump on Wednesday. 

In fact, stocks recovering from early selling, and the major averages all finished with modest gains. 

Crude oil (-CL), however, closed above $100 a barrel in New York for the first time since May 3, 2012, on speculation that political turmoil in Egypt would push prices higher. And motorists are likely to pay more at the pump as a result. 

The positive finish for stocks may have surprised some. Futures trading overnight had suggested a nasty open because of Egypt and its effect on oil prices, and European stocks were off more than 1%. 

But the catalysts were bullish: improving jobless claims in the United States and some cheer on the part of business that a mandate for employers with more than 50 workers to provide health insurance has been put off a year.

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Iraq Food Imports in 2012

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/0BNnCe73nJ0/

Innocent Iraqi people came across a series of wars in the last 3 decades. They lost their beloved ones, but at the same time, they deprived of basic necessities of life. The Grain Board of Iraq GBI established a state-run food rationing system in 1990 to facilitate their citizens. Unites Nations applied trade sanctions on Iraq due to the aggressive political moves of formal ruler Saddam. The poorer citizens had to pay the penalty as they were starving of eating food items at that time. The food rationing system was put into place to allow the Iraqi people to get required quantities for almost no charge. More detail please read full story.

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