Following its visit to Cyprus on October 29, the IMF has published its 53-page staff report, as well as an additional report on special themes, whcih includes a statistical annex. The exective summary of the IMF Staff Report is as follows. IMF EXECUTIVE SUMMARY Joining the European Union in May 2004 was a signal event

The Foreign Ministry looks set to simplify visa procedures in order to overturn the 30% drop in tourist arrivals from Russia in the past two years, hoteliers said after a meeting in Moscow Thursday. National statistics show that tourism from Russia dropped a whopping 20.2% in 2004 and a cumulative drop of 23% in 2003/2004,

Trust has introduced two new 800 DPI wireless Bluetooth mice, one of which has a universal Bluetooth USB hub/adapter and can be used up to 10 metres away from a computer very comfortably thanks to the rubber grip. As a result, the 5-button MI-5500X Bluetooth Optical Mouse can operate a computer in combination with, for

The US Federal Reserve Tuesday raised interest rates a quarter-point to 2.75%. Experts had anticipated the rate hike and that the Federal Reserve would continue its policy of modestly increasing interest rates. “The Committee believes that, even after this action, the stance of monetary policy remains accommodative and, coupled with robust underlying growth in productivity,

The telecommunications sector is expected to undergo far reaching changes in pricing policies during the next few days or weeks. On the one hand, the Telecoms Regulator will at last announce directives fixing the price range that CyTA can charge locally, while independent operators await the verdict of the Competition Commission on their anti-dumping charge