South Africa’s Sovereign Ratings Raised

Capital Intelligence (CI), the international emerging markets rating agency, announced on Monday that it had raised South Africa’s long-term foreign currency rating to BBB+ from BBB- and increased its short-term foreign currency

Cyprus praises Iraq kidnap victim

Cyprus Foreign Minister George Iacovou praised a fellow national Monday for “heroically” surviving his captors in Iraq for 130 days. Garabed Jikerdjian, 40, an Armenian who holds both Cypriot and Lebanese nationality,