BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Islamic groups urge boycott of Coca-Cola as Gaza Strip conflict continues]]>http://www.bloggingstocks.com/2009/01/09/islamic-groups-urge-boycott-of-coca-cola-as-gaza-strip-conflict/http://www.bloggingstocks.com/2009/01/09/islamic-groups-urge-boycott-of-coca-cola-as-gaza-strip-conflict/http://www.bloggingstocks.com/2009/01/09/islamic-groups-urge-boycott-of-coca-cola-as-gaza-strip-conflict/#commentsFiled under: , , , ,

As violence continues to hammer the Gaza Strip, Muslim groups are calling for a boycott of goods produced by The Coca-Cola Company (NYSE: KO), Starbucks Corporation (NASDAQ: SBUX), and other U.S. companies. The boycott is meant to protest the alliance between Israel and the U.S., and it comes as the U.S. embassy in Malaysia is being swarmed with thousands of angry protesters.

"We urge Muslim consumers internationally to unite so that we can teach a lesson to Israel and its allies," said Ma'amor Osman, an official with the Muslim Consumers Association of Malaysia. "This is to object to the arrogance and cruelty of Israel and its allies towards the Palestinians."

Additionally, the group is urging the Malaysian government to cease its contract agreements with U.S.-based firms. Former Malaysian premier Mahathir Mohamad is also jumping on the bandwagon, calling for Muslims to stop using the U.S. dollar. "If enough of us do this, then [the dollar's] value will fall, just like what they did to us in 1997," he asserted.

Continue reading Islamic groups urge boycott of Coca-Cola as Gaza Strip conflict continues

Islamic groups urge boycott of Coca-Cola as Gaza Strip conflict continues originally appeared on BloggingStocks on Fri, 09 Jan 2009 12:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>boycottcoca-colagaza stripGazaStripinthenewsisraelkomuslimpalestinesbuxstarbucksFri, 09 Jan 2009 12:15:00 EST<![CDATA[Oil jumps above $40 as Israeli jets pound Hamas targets for second day]]>http://www.bloggingstocks.com/2008/12/29/oil-jumps-above-40-as-israeli-jets-pound-hamas-targets-for-seco/http://www.bloggingstocks.com/2008/12/29/oil-jumps-above-40-as-israeli-jets-pound-hamas-targets-for-seco/http://www.bloggingstocks.com/2008/12/29/oil-jumps-above-40-as-israeli-jets-pound-hamas-targets-for-seco/#commentsFiled under: , , ,

Oil surged 12% to $42.20 per barrel early Monday, before easing some to $40.24, as Israeli jets continued to knock out Hamas targets in the Gaza Strip.

Energy Trader Jim Dietz said the raids, aimed at destroying rockets fired by Hamas into Israel and eliminating other Hamas strongholds, have the capacity to change the oil market's dynamic, if a cease-fire cannot be reached or if the conflict escalates.

"It certainly can be a game-changer regarding the oil market. We're likely to move higher obviously on geopolitical tension, but at this stage it's too soon to tell if there will be a unified response from oil producing nations in the Middle East or other ramifications," Dietz said.

The other major energy commodities also jumped on the Israel / Hamas conflict early Monday. Heating oil rose 7 cents to $1.32 per gallon, unleaded gasoline increased 6 cents to 91 cents per gallon, and natural gas gained 17 cents to $6.00 per million BTUs.

Continue reading Oil jumps above $40 as Israeli jets pound Hamas targets for second day

Oil jumps above $40 as Israeli jets pound Hamas targets for second day originally appeared on BloggingStocks on Mon, 29 Dec 2008 12:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>energygasoline pricesGaza StripHamasinthenewsIsraeloiloil pricesOPECMon, 29 Dec 2008 12:30:00 EST