The Cyprus economy shrank by 1.7% in 2009, according to the latest full figures on the national accounts, despite government efforts to prop up the economy. The main reason for the fall
There are signs of increasing demand for oil, Saudi Oil Minister Ali al-Naimi said on Tuesday, which could mean OPEC does not have to take any action on supply this year. "We
The European Union's executive said on Monday it was ready to propose a framework that could be used to aid Greece, despite signs of continuing reluctance from France and Germany to make
A bipartisan group of 130 U.S. lawmakers on Monday urged top Obama administration officials to take immediate action to address China's "currency manipulation." "The impact of China's currency manipulation on the U.S.
OPEC ministers due to arrive here for their meeting on March 17 say there is no need to change output targets with oil prices above their preferred range, but soft demand is
Any delay in tackling Britain's ballooning deficit risks undermining the country's credibility, opposition Conservatives said on Monday, drawing an electoral battle line ahead of the Labour government's March 24 budget. The Conservatives
The euro zone lost 347,000 jobs in the last quarter of 2009, data showed on Monday, as the 16-country area's economic recovery remained beset by fragility. The number of employed fell 0.2
Cypriot tennis player, Marcos Baghdatis secured a spot in the third round of the ATP Masters 1000 series Indian Wells tournament, after beating France's Arnaud Clement, 76th in ATP rankings, with 2-0.
A new meeting between Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will take place on Tuesday, in the framework of direct negotiations with a view to reach a
Democratic Party (Diko) and S&D MEP Antigone Papadopoulou has expressed her deep concern over press reports that allege fraud in the distribution of the 259 mln euros in aid to the Turkish
