Cyprus - Page 1724

The Bank of England may find it difficult to keep inflation on target as long as import and services prices keep rising strongly, Monetary Policy Committee member Andrew Sentance said on Wednesday.

The United Kingdom ''welcomes the intensification of negotiations in search of an agreed settlement for the benefit of all Cypriots'' and ''urges all parties to approach the negotiations in a spirit of

The leaders of the two communities in Cyprus, President of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat, continue here today their discussions on governance and power sharing, as part

U.S. Treasury Secretary Timothy Geithner denied any role in disclosures about American International Group's payments to banks and defended his decisions as New York Federal Reserve chief to pay full price to

The U.S. budget deficit for the current fiscal year will come in at $1.3 trillion, down slightly from the record $1.4 trillion deficit posted last year, the nonpartisan Congressional Budget Office said

U.S. home prices slipped in November and were softer than expected in the latest sign that a rebound in the U.S. housing market is still tenuous, according to Standard & Poor's/Case-Shiller indexes

Britain needs a safer and more robust banking system, central bankers said on Tuesday, saying U.S. President Barack Obama's plans for a drastic bank sector overhaul were part of a much needed

Oil fell towards $74 a barrel on Tuesday after China implemented a clampdown on lending, rekindling concern that tightening moves by the world's second-largest oil user may limit demand. Crude approached a

Britain came out of recession in the fourth quarter of 2009, but only just and with a far weaker growth rate than expected, data showed on Tuesday, suggesting any monetary tightening remains

The Bank of Japan forecast on Tuesday prices would fall less than earlier thought but remained open to further policy easing in the face of renewed government calls for more support for