. BY PERSELLA IOANNIDES When the Greek debt crisis first erupted in April 2010 the EURUSD declined from 1.35 reaching 1.19 in June 2010. Various investment gurus expressed pessimistic views, even betting
. BY MICHALIS MAKROMINAS The ratio of Book Value of Equity to Market Value of Equity (henceforth B/M ratio) has always presented a puzzle in contemporary finance. Book Value of Equity is
. By Praxoula Antoniadou Kyriacou Minister of Commerce, Industry & Trade of Cyprus Presented to the Business Forum on 23/1/2012 co-organised in Tel Aviv by the Cyprus Chamber of Commerce & Industry,
. BY SHAVASB BOHDJALIAN Rising home sales in the US and signs that the US housing market, which triggered the global recession, ended last year confirm that the world's biggest economy is
. How awkward it must be for the chairman of the Cyprus Tourism Organisation to plead to parliament not to slash his organisation’s budget, at a time when our MPs ought to
. EUROZONE DIVIDE At German car parts maker ixetic GmbH, Dragan Knezevic is struggling to keep up: his job as foreman is to make sure there are no hold ups in assembly
. By Shavasb Bohdjalian Standard and Poor’s decision to downgrade Cyprus’ credit rating by two notches, to BB+ rating, or junk level is due to fears about a Greek default and eurozone
. Last Friday’s downgrade by Standard and Poor’s of the Cyprus and eight other eurozone economies did not come as a surprise to most of us, with the exception being the Akel-led
. BY ATHANASIOS ORPHANIDES Government debt markets are about trust. Before the crisis, all eurozone governments enjoyed the benefit of their collective trustworthiness, co-operation and solidarity in the form of favourable financing
. — Foreign policy achievements BY DR ANDRESTINOS N. PAPADOPOULOS, AMBASSADOR A.H. Today’s new world order is mostly led by non-western giants, such as China, India and Brazil. Brazil rose as a
