Labour wins on historically low share

Britain’s Labour Party won the UK general election held on Thursday, and with it marked two records: the first time that the traditionally left wing party has won a third term, and

US leans on Papadopoulos to talk to UN

The US Deputy Assistant Secretary for European and Eurasian Affairs Laura Kennedy leaned on President Tassos Papadopoulos yesterday to detail the changes he wants to the UN blueprint for a settlement but

Turkey inflation on track

Turkey’s State Institute of Statistics (DIE) reported that the consumer price index (CPI) rose by 8.18% year on year in April, or by 0.17% per month. This was in line with expectations

Industrial output rises 3.5% in Feb

The Index of Industrial Production for February 2005, (Base 2000=100), reached 103.4 units. For February 2005 the Index recorded an increase of 3.5% compared to February 2004. For the period January-February 2005

Cement prices to be hiked by 9.5%

Cyprus Cement, the island’s second largest cement producer plans to hike cement prices by 8.5 to 9.5% or CYP 3 per metric tonne to cover rising production costs. George Galatariotis, Chairman of