Laptops have now overtaken regular desktop personal computers (PCs) as the computer of choice in Cypriot households, according to the annual survey ‘Information and Communication Technologies Usage in Households and by Individuals 2010’ which has now entered its seventh year. While the overall percentage of households with access to a computer remained stable at 61.0%
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The 105-member strong Central Committee of ruling left-wing AKEL party reelected Andros Kyprianou as the Secretary General of the party. While announcing the election result at the 21st pancyprian conference of AKEL, it was said no other candidacies were submitted. In favor of Kyprianou voted 98 members of the newly-elected Central Committee, while 3 voted
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European Central Bank policymaker Christian Noyer sought to bolster market confidence in the euro zone's rescue for Ireland, telling cagey investors they should have faith in the plan's success. Euro zone ministers — acting under pressure to prevent the crisis of confidence in the region's finances from engulfing Portugal and Spain — also backed a
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Doubts over whether a rescue deal for debt-soaked Ireland can plug Europe's debt crisis drove the euro to two-month lows on Monday and trapped Asian stock markets in choppy trade. Even though European authorities agreed to lend Ireland 85 bln euros on Sunday in the hope it would assure investors that all European nations can
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A new round of U.N. climate talks opens on Monday with almost 200 nations meeting in Mexico in hopes of clinching an agreement on a narrow range of crunch issues dividing rich and emerging economies. The two-week conference at the beach resort of Cancun aims to agree on funds and approaches to preserve rain forests
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U.S. lawmakers face a lengthy to-do list, topped by a dispute over expiring tax cuts, when they return to work on Monday in a session that offers an early gauge of the chances for bipartisanship when the new Congress convenes in January. The first test of the post-election relationship between President Barack Obama and newly
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The race to host the 2018 and 2022 World Cups is still considered to be wide open as it enters the final week having survived a corruption scandal which threatened to derail the whole process. Voting is restricted to members of FIFA's executive committee and bidders believe many are still undecided. Even the number of
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Cyprus’ economy and banking sector are in a strong position, but decisive fiscal measures for the medium term are needed, IMF representative Age Bakker has said. The IMF official, accompanied by Governor of the Central Bank of Cyprus Athanasios Orphanides, was received Friday at the Presidential Palace by President of the Republic of Cyprus Demetris
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Early-bird bargain-hunters scooped up "Black Friday" deals on everything from TVs to toys across the United States, but many said discounts were not as deep as those offered last year. As retailers look for the best holiday season in three years, deals that are less generous could bode well for their margins. Early anecdotal indications
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Portugal approved its 2011 austerity budget on Friday, vowing to spur growth and apply tough spending cuts as it seeks to avoid a bailout like Ireland, which Lisbon and the European Commission denied was necessary. Parliament adopted the budget hours after a Financial Times Deustchland report said that most euro zone countries and the European
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