Dramatic video footage showing the moment when police shot the two men suspected of hacking to death a soldier in London was published on a British newspaper's website on Friday. The shaky, 10-second clip shows one of the men sprinting towards a police car with a knife in his hand before he is shot and
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Russia's top online social network, VKontakte, has been put on a 'black list' that bans it from distributing content in the country, according to a posting on the web site of the national communications regulator on Friday. VKontakte has 210 million registered users, of whom 47 million log on daily. Founder Pavel Durov fled Russia
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Part of a four-lane freeway bridge over a river in rural Washington state collapsed on Thursday, sending vehicles and drivers tumbling into the frigid water, authorities said. Two of the three people rescued from the river were hospitalized with hypothermia, said Given Kutz, a spokesman for Skagit County in the northern part of the state.
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Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.4 percent and reached levels not seen since April 19, extending Thursday's 2.2 percent fall. Australian shares underperformed, sliding 1.6 percent. "There's a
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Britain's FTSE 100 gained on Friday, with central bankers offering some reassurance that stimulus will stay for a while yet, and some investors seeing value after the market's steepest fall in a year the previous day. The bluechip index was up 17.19 points, or 0.3 percent, at 6,713.98 by 0703 GMT after slumping 2.1 percent
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Growth in Cyprus is expected to resume in 2015, supported by a favorable international tax regime, a well-educated labor force and strong institutions IMF Communications Department Director Gerry Rice has said. Responding to a question, during a press briefing, Rice noted that given Cyprus’ unprecedented situation involving the resolution of the two large banks, the
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The Independent Commission on the Future of the Cyprus Banking Sector will submit its interim report to the Governor of the Central Bank Panicos Demetriades, within the first half of June. According to CNA sources, the Commission will present the report at a press conference with a view to get feedback on its recommendations. The
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The governmental strategy for the exploitation of natural gas reserves in Cyprus’ exclusive economic zone, the creation of a gas liquefaction (LNG) terminal as well as the natural gas interim solution is moving ahead as planned in order to meet all the datelines, Energy Minister George Lakkotrypis has said. Lakkotrypis was speaking Thursday before the
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. The Risk Watch Column By Dr Alan Waring Mutual Recrimination In recent months, we have endured a deluge of brouhaha about alleged large scale money laundering through Cyprus banks. On the one hand, we have had the accusers from outside Cyprus led by a posse of northern EU finance ministers and their acolytes. To
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The Cyprus government, facing harsh criticism from the German media and politicians since last September, over local banks’ ineffective controls of foreign-owned accounts, has admitted there are weaknesses and declared that it is “committed to fully address these weaknesses”. However, both the Ministry of Finance and the Central Bank of Cyprus have gone to great
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