Consumer prices fell by 1.6% compared with the previous month in January despite another increase in electricity tariffs, while the annual inflation fell to 3.1% compared with 3.9% in December. The Statistical Service said that the fall was mainly owing to lower prices of clothing, footwear and household furnishing items, owing to the January sales.
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The second lowest temperatures this winter were recorded yesterday in Cyprus, falling as low as 10.1 degrees Celsius, according to the Meteorological Service. Speaking to CNA, Meteorological Officer Panayiotis Michael said that the lowest temperatures were recorded on January 19, with 9.6 degrees Celsius in Nicosia. On February 1, temperatures reached in their lowest
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Made a safe haven for global capital by its oil-driven prosperity, Norway is struggling to contain the sort of housing market bubble which launched four years of global financial turmoil. Having bounced back from a recession in 2009 with the help of its huge reserves of rainy-day oil cash, low interest rates have kept Norwegians
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Asian shares rose on Thursday as encouraging manufacturing data soothed fears about the global economic fallout from the euro zone debt crisis, but the euro lost steam as the ongoing Greek debt talks reminded investors of the complexity of the problem. Financial spreadbetters expected Britain's FTSE 100, Germany's DAX and France's CAC-40 to open up
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Seventy-four people were killed when supporters clashed at an Egyptian soccer match, prompting fans and politicians on Thursday to turn on the ruling army for failing to prevent the deadliest incident since Hosni Mubarak was ousted. At least 1,000 people were injured in the violence on Wednesday when soccer fans invaded the pitch in the
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As Facebook hurtles toward one of the largest initial public offerings in U.S. history, its honeymoon with investors may already be over. The dorm-room project started by Harvard dropout Mark Zuckerberg, 27, could well become one of the world's most highly valued Internet companies when it sells shares to the public for an expected valuation
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Australia beat out the United States and Singapore to take top place among expatriates as an ideal residence for quality of life and career prospects, according to an international survey released on Thursday. More than 3,000 expatriates in over 100 countries rated nations on a range of criteria from accommodations to food, healthcare and the
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Electronic signature will be introduced in Cyprus, according to a new bill that will integrate the relevant acquis communautaire into the domestic legal system. A debate on the bill was held during today’s meeting of the Parliamentary Committee on Legal Affairs. According to the bill, electronic signatures will be generated only once for each person,
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Noble Energy is considering the option of building a terminal in Cyprus in order to provide natural gas for the domestic market and for exports, Vice President Noble Energy Terry Gerhart has said, noting that the estimation for 5 to 8 trillion cubic feet natural gas in Cyprus' block 12 is a very large accumulation
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. BY PETROS MAVROS Work-based larceny seems to be the order of the day in Britain, and its not just the odd theft of stationery or an office laptop that’s concerning Audemars Piguet Replica Watches companies, its the increasing levels of expenses fraud, many of which put the UK politicians expenses scandal to shame. The
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