Federal regulators tweaked recommendations for how websites should collect, save and share information about users, extending them to Internet service providers and mobile users. The Federal Trade Commission issued new guidance on Thursday for the self-regulated industry that urges websites to tell consumers that data is being collected during their searches and to allow them
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The Cyprus economy avoided recession by a comfortable margin in the fourth quarter of 2008 according to the latest “flash” estimate from the Statistical Service. The economy grew on a seasonally adjusted basis by 0.6% over the previous quarter—the same rate as in the third quarter–despite some signs of slowdown, including rising unemployment and a
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Androulla Vasiliou, EU Commissioner for Health, has outlined the main targets of the European Union, under the EU Strategy for Health. Vasiliou was the main speaker at an event of the European Policy Centre (think tank for European Union affairs), titled: “Building a Healthier Europe: Opportunities and Prospects”. In her speech, Vasiliou referred extensively to
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Cypriot hoteliers have been urged to complement the recent government measures to boost tourist arrivals, by reducing their prices, thus making Cyprus a cheaper destination. The position was conveyed during the annual meeting of the Hoteliers’ Association where its chairman Haris Loizides said that a reduction of around 25% in tourist arrivals is expected in
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The Cyprus government has decided to unload and store the cargo of the Cypriot flagged ship Monchegorsk, said to have been carrying banned material in contravention of UN sanctions against Iran. According to an official announcement, issued here today, “the Republic of Cyprus has already informed the President of the UN Security Council Sanctions Committee
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The Board of Directors of Options Cassoulides Plc (OPT) has examined a proposal to acquire a data storage and management of natural and electronic filing systems as well as the special destruction and/or recycling of confidential material company based in Greece. The target company partially belongs to the family of Pavlos Savvides (executive chairman of
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The leaders of the two communities of Cyprus, the Greek Cypriot and the Turkish Cypriot, presented on Thursday their positions on the criteria for a settlement of the issue of properties they discuss in the framework of their direct talks, aiming to reach a settlement of the Cyprus question, UN Secretary General’s Special Adviser for
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Some large U.S. banks, may require more aid to stay solvent, the New York Times reported on Friday, citing economists and other finance experts. A sober assessment of the growing mountain of losses would overwhelm the value of the banks' assets, the paper reported. "The United States banking system is effectively insolvent," it quoted Nouriel
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For all classes Details of the tax provisions contained in the $789 billion U.S. economic stimulus package negotiated between the House of Representatives and the Senate have been released. The bill provides for $282 billion in tax cuts. Senate Majority Leader Harry Reid said the Senate would vote on Friday on the package that President
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By Chris Buckley China's abrupt economic slowdown has prompted official warnings that the country faces a dangerous upsurge of social unrest in 2009. But how big are the risks, how could unrest unfold, and how will official fears shape policy and the economy? Here are some scenarios of what may happen, from the most likely
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