Fears of recession and credit failure battered global stocks and the dollar on Friday as sharp U.S. job losses and Federal Reserve attempts to boost liquidity painted a bleak picture of the
By Elisabeth O’Leary and Jesus Aguado MADRID, March 7 (Reuters) – A clear win for either of the main parties in Spain’s election on Sunday would be a quick shot in the
U.S. employers cut payrolls for a second straight month during February, slashing 63,000 jobs for the biggest monthly decline in nearly five years as the nation’s labour markets weakened steadily. The Labour
BERLIN, March 7 (Reuters) – German authorities investigating tax evasion by Germans using banks in Liechtenstein have received a new offer of confidential information on accounts held there, officials said on Friday.
Central bankers from the world’s industrialised and developing regions voiced concern over surging food and energy prices, their latest big challenge as globalisation unsettles the balance of supply and demand. At a
EUR/CHF plunges sharply lower  Cypriot speculators are in for a rough ride this year – in addition to the more than 30% hit from the drop in local equity prices, they
European Finance Ministers approved the Cyprus Stability Programme for the period 2007-2011, which aims to maintain the budget surplus and the gradual reduction in public debt by 2011. The Cyprus programme was
By Christa Nicolaou Athens, (CNA) – The excellent relations and close cooperation between Athens and Nicosia were reconfirmed during a meeting here today between the newly elected Cypriot President Demetris Christofias and
By Christa Nicolaou Athens, (CNA) –Cypriot President met here today Greek political leaders, as part of his working visit to Athens. Main opposition PASOK leader George Papandreou assured President Christofias that as
by Apostolis Zoupaniotis United Nations, (CNA) – UN Under-Secretary General for Political Affairs Lynn Pascoe has announced the creation of a UN Standby Team of Mediation Experts who would help carry out
