Cyprus inflation steady in March

The annual inflation rate was steady in March, with consumer prices rising by 2.8% compared with the same month of 2010. This was the same rate as recorded for February. For the

U.S. budget deal avoids shutdown, fight ahead

The last-minute budget deal President Barack Obama and congressional leaders struck to avert a government shutdown paves the way for what Republicans promised on Saturday will be more spending fights to come.

Somali pirates free Greek oil tanker

Somali pirates have freed a Greek-owned oil tanker seized two months ago off Oman, the Greek coastguard and pirates said on Friday. Shipping industry sources welcomed the news but said pirate attacks