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WMO: 2011 one of hottest on record despite La Nina

Global temperatures in 2011 hit the 11th highest level on record despite the cooling influence of a strong La Nina weather pattern, the World Meteorological Organization said on Friday. On average, global

23rd March 2012
Cyprus

Panathinaikos receive heavy punishment for derby violence

Panathinaikos have been docked five points and been told to play four games behind closed doors as punishment for crowd violence in the stiffest penalty imposed by the Greek Super League. The

23rd March 2012
Cyprus

EU governments add businesses, people to Belarus sanctions list

EU governments decided on Friday to sanction a further 12 people from Belarus, including two businessmen and their companies, diplomats said, widening the range of targets to punish President Alexander Lukashenko's crackdown

23rd March 2012
Business

Yen falls after rally, but global risks linger

The yen softened on Friday after Tokyo importers took advantage of its broad rally the day before, while risk currencies such as the Australian dollar were poised to end the week sharply

23rd March 2012
Business

Brent holds above $123, supply worries support

Brent was steady above $123 a barrel on Friday, as the possibility of supply disruptions put a floor under a market that fell sharply in the previous session on weak manufacturing activity

23rd March 2012
Business

World stocks stabilise below recent highs – Dollar slips

World stocks held steady below this week's 8-month peak on Friday while the dollar fell broadly as concerns about growth in China and the euro zone and a renewed focus on sovereign

23rd March 2012
Business

Cyprus and Poland sign Protocol for the avoidance of double taxation

Cyprus and Poland signed Thursday a protocol amending the Agreement between the two countries for the Avoidance of Double Taxation with respect to taxes on income and capital. The agreement was signed

23rd March 2012
Cyprus

Five more bodies found in wrecked Italian ship

Five more bodies have been found in the half-submerged wreck of the Costa Concordia cruise liner, bringing the number of confirmed dead to 30, Italy's Civil Protection agency said on Thursday. The

23rd March 2012
Cyprus

Hackers attack Hong Kong “civil referendum” ahead of poll

Hackers have disabled an independent Hong Kong "civil referendum" aimed at gauging how people might have voted if allowed in a scandal-laced, undemocratic leadership election on Sunday, the director of the initiative

23rd March 2012
Cyprus

Olympics-London arguably too soon for Aussie new wave

Australia's swimming trials unearthed an impressive crop of young talent raising hopes the country might regain its superpower status in the pool, but this year's London Olympics could just come too soon

23rd March 2012
Cyprus
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Ukraine’s appeals and Europe’s growing financial burden

By Chris Michael The European Union appears to be gradually

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