U.S. employers axed 651,000 jobs in February, pushing the unemployment rate to its highest in 25 years, as companies buckled under the strain of a recession that is showing no signs of
The active participation of Cyprus in European affairs and its contribution to forming policies and programmes, assign prestige to the country, which has produced positive outcomes for the country, along with responsible
President of the Republic of Cyprus Demetris Christofias assured on Friday that he would continue to strive towards achieving a just, viable and functional settlement of the Cyprus problem, noting that the
Fotos Kallias will face Frederico Gil on the opening game of the Davis Cup Europe/Africa Zone Group II between Cyprus and Portugal that is taking place in Nicosia from 6-8 March. The
The dollar rolled back sharply from three-year highs on Friday and demand for euro zone government debt rose as investors fretted that U.S. employment data would be worse than previously forecast. Japanese
British factory gate inflation slowed to its weakest in nearly 1-1/2 years in February, as firms came under pressure to keep down prices, and input price inflation eased, official data showed on
British manufacturers' input costs rose more than expected in February, as a weaker pound made it dearer to import crude oil, official data showed on Friday. The Office for National Statistics said
European shares edged higher early on Friday in a choppy session ahead of key U.S. unemployment data, with commodities leading the risers. By 0929 GMT, the pan-European FTSEurofirst 300 index of top
The House of Representatives approved a government bill increasing the social insurance contributions from April 2009 until 2010 in an effort to ensure the viability of the fund, which is fast shrinking
Job losses in the United States likely accelerated last month and the unemployment rate probably surged to a 25-year high as recession-hit companies took drastic steps to cut costs, according to economists.
