Cyprus Editorial: Kudos to the HRDA

. Over the years, the Human Resources Development Agency was often wrongly regarded as a public service where elderly and unemployed plumbers were taught basket-weaving and housewives learned how to use Windows.

Brent dips below $111, Spain downgrade weighs

Brent crude dropped below $111 on Wednesday as concerns over demand growth weighed after Moody's Investors Service cut Spain's sovereign ratings by two notches, adding to uncertainty over the euro zone's debt