EU agrees to go beyond U.N. sanctions on Iran

BRUSSELS, July 30 (Reuters) – The European Union has agreed to go beyond United Nations sanctions on Iran, instructing its financial institutions to exercise "restraint" on export credits and allowing its navies

Cyprus investigates mass poisoning of pine trees

NICOSIA, July 30 (Reuters) – Authorities in Cyprus are investigating the destruction by poisoning of hundreds of trees on the Mediterranean island. The forestry department called in police after finding evidence that

More MTM losses for European banks in Q2 2008

Moody's Investors Service expects further write-downs for the large European banks' structured finance portfolios due to continued widening in US subprime RMBS spreads and deterioration in the credit quality of financial guarantors,