The public cheeriness that usually accompanies summits between China and the European Union is on ice this year after Beijing called off the annual meeting, exposing rifts that go well beyond their ti....

The next government stimulus effort is likely to target America's crumbling infrastructure, and experts say the funding is sorely needed with bulldozers ready to roll on scores of projects. &....

Iran's government risks a squeeze on spending next year, when President Mahmoud Ahmadinejad is expected to seek re-election, unless oil prices bounce back to around $80 a barrel. Despite the ....

Europe and Obama: after the honeymoon

Dr. Jim Leontiades The CIIM Business School Never was there a president elected with higher hopes, not only from his own country but from the world at large. One observer suggested that American....

CYPRUS EDITORIAL: Paphos airport – jewel or a thorn?

As Paphos ushers in a new era with the inauguration over the weekend of its brand new airport, a year ahead of its bigger sister in Larnaca, the travel industry is bracing for tough times ahead with t....

CYPRUS GOURMET: “The Curse of the Mavro”

Whenever I talk to people about the dramatic down-sizing of the Cyprus wine industry it sparks all sorts of comments. Generally negative. “It was the fault of the government, they have always do....

Return of the curvy cucumber

Rules governing the size and shape of fruit and vegetables will be consigned to history after European Union member states voted on Commission proposals to repeal specific marketing standards for 26 t....

CYPRUS EDITORIAL: Deus ex machina

Eight months have passed from the day the present administration took over, with many events marking 2008 as a crucial year for Cyprus politics and the economy. The government has been faced with su....

CYPRUS GOURMET: Giving the customers what they want

In the past two or three years, several managements here in Cyprus have had to re-consider their approach to “Fine Dining”. Diners decided that the food and wine were either too expensive,....

Geopolitics of the financial crisis

DR. JIM LEONTIADES The CIIM Business School Every financial crisis brings with it its own surprises. This one is no different. Its impact has brought about not only economic disruption but unexp....

EDITORIAL: IMF to the rescue

Gone are the days when the International Monetary Fund would be a lender of last resort for the world’s poorest states, most of them dogged by problems of free rule and hampered by spending on a....

U.N. scheme aims to use carbon credits to save forests

The United Nations hopes to include a market-based scheme aimed at using carbon credits to save rainforests as part of a broader pact to fight climate change. Called REDD, or reduced emissions fro....

Economic downturn hits US police with double whammy

 The growing financial crisis is a double whammy for police in many U.S. cities: They face budget cuts as they brace for an expected surge in burglaries, thefts and robberies. "Police de....

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For many in US financial crisis means lost weekends

Busy Wall Street worker Michael Pento used to relax on weekends playing with his 4-year-old son. Now he just laughs wryly at the thought of free time. The hedge fund market strategist is one of co....

EDITORIAL: More development projects needed for Cyprus

Cyprus President Christofias has been basking in the joy that while he and his cabinet have often been described as the ‘only communist government in Europe’, the traditional free-economy ....