One of the main priorities of the Swedish EU Presidency on environmental policy will be to reach an international agreement in Copenhagen regarding climate change, the Swedish Environment Minister Andreas Carlgren has
Cyprus has become a founding member of the Mediterranean and Black Sea Technology Platform for Maritime and Marine Research Innovation and Training (PTMB). The Cyprus Shipping Chamber recently participated in the launching
The index of industrial production for March 2009 is provisionally estimated to have reached 99.5 (base 2005=100), recording a decrease of 5.1% compared to March 2008 according to the Statistical Service. For
The Statistical Service has announced the turnover indices with a new base year 2005=100 (provisional estimates) for various branches of transport by activity for January – March 2009. The main developments by
U.S. Treasury Secretary Timothy Geithner on Monday reassured the Chinese government that its huge holdings of dollar assets are safe and reaffirmed his faith in a strong U.S. currency. A major goal
The U.S. manufacturing sector contracted at a slower rate in May, while consumer spending fell modestly in April, according to reports on Monday that were further evidence the deep recession was easing.
More than 500,000 Cypriots, in addition to some 6,000 nationals of other European Union members, will go to the polls on Saturday to elect six Euro MPs who will represent the Republic
European stocks rose by midsession on Monday, driven by banks, commodity shares and automakers as optimism about a recovery in the global economy grew after China's manufacturing activity continued to expand in
World stocks and oil rose to their highest levels in almost seven months on Monday while the dollar hit 5-month lows after evidence of a recovery in global factory activity fanned optimism
Moody's Investors Service estimates in a report published Monday that recapitalisation needs from external sources for the Russian banking system in 2009 will be RUB1.3 trln (US$ 40 bln). The report identifies
