During their coverage of the breaking news events yesterday, several FOX News hosts or reporters made comments that are raising some eyebrows. The network’s Washington Managing Editor Brit Hume told host Shepard Smith, that when he heard about the London bombings, he saw it as an investment opportunity:

“I mean, my first thought when I heard — just on a personal basis, when I heard there had been this attack and I saw the futures this morning, which were really in the tank, I thought, “Hmmm, time to buy.” Others may have thought that as well.”

Meanwhile, one of the network’s anchors, Brian Kilmeade, said the attacks worked to the Western world’s advantage and he blasted the international gathering at the G8 for focusing on global warming and African aid instead of terrorism. Here is some of what he said right after Tony Blair spoke yesterday. This is FOX anchor Brian Kilmeade talking to another FOX’s Paul Varney:

KILMEADE: And that was the first time since 9-11 when they should know, and they do know now, that terrorism should be Number 1. But it’s important for them all to be together. I think that works to our advantage, in the Western world’s advantage, for people to experience something like this together, just 500 miles from where the attacks have happened.”

VARNEY: It puts the Number 1 issue right back on the front burner right at the point where all these world leaders are meeting. It takes global warming off the front burner. It takes African aid off the front burner. It sticks terrorism and the fight on the war on terror, right up front all over again.

KILMEADE: Yeah.

FOX News hosts Brian Kilmeade and Paul Varney, speaking yesterday on FOX. Thanks to Media Matters for those clips.

Egyptian Diplomat Executed, Cairo Closes Mission
Egypt says it is temporarily shutting down its diplomatic mission in Iraq and has recalled its staff to Cairo, after a militant group claimed to have killed Egypt’s top envoy in Baghdad. Cairo also asked the U.N. Security Council on Thursday to urgently address the issue of protecting diplomats in Iraq. A group identifying itself as Al-Qaida in Iraq said in a posting on a web forum that it killed the Egyptian ambassador, who was kidnapped from a Baghdad street late Saturday only weeks after he took up his post in the Iraqi capital. It posted a short video of the diplomat being questioned, but did not show his slaying.