. By Dr. Andrestinos N. Papadopoulos, Ambassador a.h. Recent developments in our region have placed emphasis on the energy sector. Rightly so, because several states in the Eastern Mediterranean, including Israel and
Asian shares rose on Tuesday as investor sentiment improved thanks to an overnight rally in U.S. stocks that was fuelled by better than expected earnings from Citigroup Inc, the third-largest U.S. bank,
Chancellor Angela Merkel's spokesman ruled out on Monday a further debt restructuring, or 'haircut', for Greece and said Athens must press on with tough economic reforms. "A new haircut is out of
Greece will conclude austerity talks with its lenders to continue receiving the bailout funds it needs, Prime Minister Antonis Samaras said on Monday, but officials said the talks would most likely not
* Americans Alvin Roth, Lloyd Shapley share honours * Prize recognises market-matching theories * Applications include college entrance, organ donation Life-saving kidney exchange programmes are just one of the practical applications of
The Rolling Stones will perform two concerts in London and two near New York as part of their 50th anniversary celebrations, the band announced on Monday. The British group, one of rock'n'roll's
Citigroup Inc said quarterly profit plunged on a $4.7 billion writedown of its stake in a brokerage operated by Morgan Stanley, but mortgage lending increased and capital markets results rebounded. The New
The largest 100 U.S. public pension funds have around $1.2 trillion of unfunded liabilities, about $300 billion above the nearly $900 billion they reported themselves, according to a new actuarial study to
President Demetris Christofias has expressed hope and expectation that an overall political agreement on the EU budget for the next seven years will be reached at the extraordinary meeting of the European
Britain is pushing for changes to a proposed euro zone banking union to dilute the power of the European Central Bank, EU officials said, potentially hampering efforts to build the infrastructure urgently
