The EU-harmonised consumer price inflation rate reached just 0.2% in 2009, compared with 4.3% in 2008, according to figures from the Statistical Service. This overall result was a mixture declining and rising
Arrivals of tourists in Cyprus dropped by 10.9% in 2009, marking their worst performance since 2002, when the September 11th attacks led to a sharp drop in global tourism. Total arrivals reached
Oil dropped below $80 a barrel on Wednesday to its lowest this year, pressured by a U.S. inventory report showing rises in crude and distillate fuel stocks despite severe winter weather. Crude
U.S. mortgage applications rose during the first week of 2010, reflecting a surge in demand for home refinancing loans as interest rates dropped, data from an industry group showed on Wednesday. Demand
British industrial output rose slightly faster than expected in November, helped by a jump in oil and gas extraction, but manufacturing unexpectedly stagnated for a second month, official data showed on Wednesday.
The Cyprus Newspaper and Magazine Publishers Association, ENPA – the European Newspaper Publishers’ Association – and the World Association of Newspapers and News Publishers (WAN-IFRA) have condemned the assassination of Andy Hadjicostis,
The Cyprus-owned E-Clear card payment processor under investigation in the UK over its alleged role leading to the collapse of the Scottish low-fare airline Globespan and Allbury Travel, has been ordered by
Cypriot tennis player Marcos Baghdatis scored a tidy win over world no. 39 Viktor Troicki at the Sydney Tennis Medibank International with 7-5, 6-3. The Cypriot tennis star will now face Australia’s
The Federal Reserve made record profits in 2009 and will return $45 billion to the Treasury, after its efforts to prop up the economy created a windfall for the government, the Washington
China's central bank signaled in its open market operations that it was tightening monetary conditions at a faster-than-expected pace in response to increasing concerns about the economy overheating. Investors globally are following
