Mounting fears over sovereign debt in the euro zone kept the euro tethered to four-month lows against the dollar on Monday, with investors nervous ahead of a flurry of bond sales from the region's weaker states. Portugal, Spain and Italy were expected to pay a high price to tap capital markets in what is seen
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– Scientists study how far coughs and sneezes travel – Data to help make better guidelines for infection control – Laughing and singing give off huge breath plumes Ever wondered how far your sneeze goes? Or if you can stop germs from spreading by cupping your mouth with your hand when you cough? With a giant
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When President Barack Obama meets China's Hu Jintao this month, he might remind his guest of an old U.S. proverb: owe $10,000 and you have a problem; owe $10 million and the lender has a problem. The United States owes China at least $907 billion and needs to have a careful conversation with its largest
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Cyprus' economy growth rate for the third consecutive quarter is being accelerated, according to the updated figures released on Friday by Eurostat. The statistical office of the European Union reviews for the better the previous estimate of November for Cyprus. In the third quarter of 2010, the GDP of Cyprus increased by 0.6% compared with
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Unemployment in Cyprus in November 2010 rose to 7,2% compared to 7,1% in October, Eurostat announced today. According to figures released in Brussels, male unemployment in November was 7,0%, recording no variation as to October 2010, whereas female unemployment recorded an increase and was estimated at 7,4% compared to 7,3% in October 2010. Unemployment among
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The Cyprus Institute and the German Research Foundation Max Planck Society will sign a Memorandum of Understanding here on Monday. An official press release said the Memorandum of Understanding will promote joint research and educational programmes. The scientific areas of focus, in the initial phase, will be climate change and the assessment of the associated
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As of today, a 5% Value Added Tax (VAT) has been imposed on all food and beverages, excluding alcoholic drinks, beer, wine and soft drinks, which will be taxed at 15%, the Ministry of Finance has announced. It explained that the new tax had to be imposed in line with Cyprus' EU obligations. A press
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Cyprus generated just over 1m tonnes of waste in 2008 according to the Survey on the Treatment of Waste in Enterprises carried out by the Statistical Service. The quantity of waste generated by industrial enterprises during 2008 amounted to 1,092 thousand tonnes, of which 13 thousand were incinerated, 641 thousand were recovered and 437 thousand
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Retail trade volume rose for the fifth straight month in October according to preliminary data, rising by 1.5% compared with the same month of the previous year, having risen by just 0.3% according to revised figures in September. However, declines recorded in the first half of the year mean that for the period January-October 2010,
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. In times of economic crisis, people still want to spend a good moment, with a good bottle of wine and good food. The Financial Mirror recently met two producers from Bordeaux at a wine tasting organised by Spectus in Nicosia who said that despite the world financial crisis, the biggest factor that will help
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