Turkey must accept acquis to join EU

British Minister of State for Europe Geoff Hoon has said that he made clear to Turkey that, in order to join the EU, it must accept the legal acquis, the legal basis

New legislation on aviation security

The new European Regulation on aviation security will come into force on Monday, November 6, 2006. This Regulation, which was adopted on 4 October 2006, is designed to protect civil aviation against

Dollar jumps on lower US jobless rate

The dollar climbed sharply against all the major currencies Friday after a report revealed that the US unemployment fell to a new five-year low of 4.4%, while the previous month nonfarm payroll

PandaLabs warns of mass-mailing of false job offers

PandaLabs has detected the mass-mailing of messages with lucrative job offers, aimed at recruiting ‘mules’. In Internet slang, ‘mules’ are people used to launder stolen money, mainly originating from phishing or other online fraud.

KIB launches $5 bln commercial programme

First Cypriot issuer of US commercial paper   Kommunalkredit International Bank Ltd. (KIB) has become the first Cyprus-based bank to launch a USD 5 bln US Commercial Paper Program, the biggest ever

Cyprus enjoys full employment conditions

The publication of the latest Labour Force figures, showing that the unemployment rate fell sharply to reach 4.1% of the labour force in the second quarter of 2006, compared with 5.4% in

How High can the CSE go?

By Dr.Jim Leontiades Cyprus International Institute of Management   It was not so long ago (last September) that I wrote an article about the “Summer Doldrums” of the CSE. After an upward