Moody’s Investors Service has downgraded Cyprus’ government bond ratings to B3 from Ba3, and has assigned a negative outlook to the ratings. In its decision, Moody’s notes the key driver of its
Houston-based Noble Energy is gearing up to start appraisal drilling in February 2013, according to Under Secretary to the President Titos Christofides. The drilling will start in the 7 trillion cubic foot
Discussions with the Cypriot authorities should be speeded up to allow negotiations for the support mechanism to be completed, said President of the Eurogroup Jean-Claude Juncker. Speaking in Luxembourg, he said the
One out of every eight people in the world is chronically undernourished, the United Nations' food agencies said on Tuesday, warning that progress to reduce hunger has slowed since 2007/08 when high
Prime Minister David Cameron said on Tuesday a referendum on Britain's relationship with the European Union was the most sensible way of forging a fresh settlement with the 27-member bloc. Cameron is
Former Italian Prime Minister Silvio Berlusconi said on Tuesday he was ready to drop plans to lead the centre-right in next year's parliamentary election and did not rule out a second term
**Talks of monetisation “premature” ** Cyprus will have a liquefied natural gas (LNG) plant by 2019, according to the Minister of Commerce, Nicos Sylikiotis, speaking at the Economist Conference in Nicosia on
A brain-eating amoeba has killed at least 10 people in Pakistan's most populous city since May, a World Health Organization official said on Tuesday. Naegleria fowleri has a fatality rate of more
**But civil engineering racks up prices** The construction sector recorded its steepest fall on record in the second quarter, with the production index dropping by 25.9% over the same period of 2011,
The Statistical Service of Cyprus (CYSTAT) received the “Innovation award 2011 for the public sector” on October 3 for the innovative Cyprus Blaise Integrated Census System (CY-BICS) which was developed for the
