Federal Reserve Chairman Ben Bernanke said the U.S. economy should start recovering from recession next year if there is the political will to complete the costly rescue of the shattered banking system.
OPEC's decision on Sunday to resist new supply cuts laid the ground not just for cheaper oil to help heal the economy, but for warmer relations with the world's biggest energy consumer.
Asian stocks struck a one-month high on Monday as reassurances over the health of the U.S. banking industry sparked a broad recovery in investor appetite for risk, while safe-haven government bonds also
Marios Garoyian was officially declared President of the Democratic Party (DIKO) at the Pancyprian Electoral Congress of the party that took place in Nicosia. Garoyian, who has been President of DIKO since
Citroen Racing's Sebastien Loeb secured an emphatic victory in the 2009 Cyprus Rally, round three of the 2009 FIA World Rally Championship (WRC), and re-wrote his own record books by securing a
. It’s that time of year again, when an earnest group of specialists tastes more than a hundred local wines and pronounces upon them. Winners get a certificate and the right to
Full national accounts data for the fourth quarter show that Cyprus recorded a respectable real GDP growth rate of 3.7% in 2008. However, growth in the last two quarters was propped up
We buy cars and beers, sell chemicals Trade between Cyprus and the Czech Republic is expected to increase substantially due to the establishment of a joint business association and the promotion of
The Czech Republic has always supported a just solution to the Cyprus cause, in particular after the Turkish invasion in 1974, the country’s ambassador, Jan Bondy, told a members meeting of the
Between 4-7 June 2009, elections will be held in the member states of European Union for the new members of the European Parliament. Cyprus will hold elections for six representatives to the
