Venezuelan legislators on Tuesday approved a law to increase the stake President Hugo Chavez's government holds in the petrochemicals industry, the latest measure in his drive to forge a socialist state. The
The parliament of Latvia backed sharp budget cuts on Tuesday as the country tries to win more European Union (EU) and International Monetary Fund (IMF) loans to prevent bankruptcy and possible devaluation.
Two gunmen shot dead a Greek anti-terrorist policeman guarding a witness in Athens on Wednesday then fled on a motorcycle, police said. In the worst attack since riots in December launched a
Cyprus’ Permanent Representative to the UN, Minas A. Hadjimichael, in a letter to the UN Secretary General, protested new violations of the international air traffic regulations and the national airspace of the
Minister of Foreign Affairs Markos Kyprianou said here today that Turkey must comply with all its obligations towards all member states of the European Union. In statements at Larnaka airport on his
Greek Cypriot and Turkish Cypriot political parties, which meet regularly in the UN-controlled buffer zone under the auspices of the Slovak embassy in Cyprus, will meet again today at the Ledra Palace
New U.S. housing starts and permits surged in May from record lows, while producer prices rose at a slower pace despite higher gasoline prices, boosting prospects for the economy's recovery from recession.
The Bank of Japan forecast on Tuesday that the world's second largest economy may stop shrinking later this year, and investors signalled that recession in Germany was nearing its low point. Data
The first summit of the world's biggest emerging economies will confront the failures of the global financial system and could discuss ways to reduce the dominance of the U.S. dollar. The leaders
Global stocks climbed off early lows on Tuesday led by European shares following data showing a surge in German investor sentiment, while the dollar stayed under pressure after Russia said the world
