Imports continued to fall as exports continued to rise in April, which led to a fall of the trade balance deficit, preliminary data published on Monday by the Cyprus Statistical Service shows. The trade balance deficit continued to fall on a monthly basis for the sixth consecutive month since November 2012, recording in April €161
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Cyprus National Hydrocarbons Company (CNHC) has been briefed by Noble Energy on the results of a preliminary study for the construction and operation of a Liquefied Natural Gas terminal (LNG). The briefing was held in Nicosia on Monday in the context of a meeting between CNHC and Noble. The study was conducted on behalf of
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Cyprus has a geographic position which allows the Republic to play a very important role in regional cooperation, stated Government Spokesman Christos Stylianides who concluded his visit to the US. Stylianides was in Washington to take part in the of the 29th Annual three-day Conference, hosted by the International Coordinating Committee "Justice for Cyprus" PSEKA
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China led a rise in global carbon dioxide (CO2) emissions to a record high in 2012, casting doubt over the chances of limiting global warming to what scientists regard as an acceptable level. Falls in CO2 emissions by the United States and Europe were offset by China, lifting worldwide emissions by 1.4 percent to 31.6
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Malta does not have enough evidence to start criminal proceedings against former EU Health Commissioner John Dalli in a bribery case, Malta's Police Commissioner Peter Paul Zammit said on Monday. Dalli resigned in October after OLAF, the EU's anti-fraud agency, said there was circumstantial evidence he was aware former assistant, Silvio Zammit, was seeking a
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German chancellor candidate Peer Steinbrueck, fighting an uphill battle to oust Angela Merkel, sacked his chief spokesman Michael Donnermeyer on Monday, the latest sign of disarray in his campaign just 104 days before the Sept. 22 election. A senior source in the Social Democrats (SPD) told Reuters that Steinbrueck had decided to part company with
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The number of job vacancies in London's financial services sector rose 20 percent between April and May as employers took comfort from more stable financial markets, a recruiter said on Monday. Job vacancies in one of the world's top financial centres rose to 6,426 last month, up from 5,355 in April, according to Morgan McKinley's
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Former South African president and anti-apartheid hero Nelson Mandela remained in hospital for a third day on Monday with a lung infection and his condition was "serious but stable", unchanged from the weekend, the government said. In a two-sentence statement, President Jacob Zuma repeated his call for the country to pray for the ailing 94-year-old,
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Minister of Communication and Works Tasos Mitsopoulos has said that a new military conflict in the Middle East and the consequent need for mass evacuation of civilians and their transfer to Cyprus, remain a possibility that Cyprus needs to consistently consider. Addressing the 27th International Meeting of the Joint Committee of COSPAS-SARSAT, that takes place
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Delek Drilling Chairman and CEO for Avner Gydeon Tadmor said on Monday that he is looking forward to accelerating the process of developing hydrocarbon reserves found within Cyprus’ Exclusive Economic Zone (EEZ). In a short statement to the press after he and Delek Group head Yitzhak Tshuva were received by President of the Republic Nicos
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