A ship carrying ten small generators from Israel with a total output capacity of 10 MW sailed into Limassol Port on Wednesday night, as part of efforts to alleviate the island’s severe
. The Risk Watch Column By Dr Alan Waring Most of us in Cyprus are still reeling from the shock of the Mari naval base explosion. Given the scale of the blast,
. Monday’s tragedy can only be described as a civil meltdown that threatens the core infrastructure on which this country is based and functions, and raises a plethora of concerns about national
. Forex traders were glued to their screens following the price action on Italian bonds after the bond yields on Eurozone’s third largest economy hit lifetime highs, raising fears that Italy could
Cyprus President Demetris Christofias, facing public anger over a munitions blast which killed 12 people and plunged the island into an energy crisis, promised on Thursday to launch a full investigation. In
* Public deficit to surge to 7%; “Recession is here” say analysts * The power blackout caused by the deadly blast at a naval base that knocked out the island’s biggest power
The IMF joined Germany on Wednesday in pushing for private sector investors to help cut Greece's debt mountain as the euro zone sought to break an impasse on how and when to
Turkey's EU minister said on Wednesday candidate Turkey might freeze relations with the rotating European Union presidency if Cyprus assumed the post in July 2012 without a solution to the divided island.
Syrian forces killed four villagers on Wednesday near Turkey, rights campaigners said, in an expansion of a military campaign to crush dissent against President Bashar al-Assad. The four were killed in tank-backed
The dollar fell on Thursday, sending gold to a record high and yields on Japanese government bonds to eight-month lows, after Moody's warning that the United States may lose its top-notch credit
