Bank of England policymakers face an unusually tough decision this week: whether to expand the 175 billion pound asset purchase programme at a time when Britain is showing signs of recovery but
Europe's economy will rebound next year from a deep slump and accelerate in 2011, the European Commission said on Tuesday, paving the way for major deficit cuts across the 27-nation bloc from
A two-day tripartite international seminar titled ''Wage Policy in Caucasus and Central Asia, Assessment and policy answers to the economic crisis'' began in Nicosia. Addressing the opening of the seminar, Minister of
A US-based group, Class Action, is filing a $400 bln lawsuit against Turkey with regard to claims by owners of property in Cyprus’ northern Turkish occupied areas, who are seeking the use
Minister of Foreign Affairs, Markos Kyprianou along with Deputy Foreign Minister of the United Arab Emirates Khaled Al Marri, inaugurated on Monday the embassy of the Republic of Cyprus in Abu Dhabi.
The Cyprus Output Prices Index in Construction for the second quarter 2009 reached 116.2 (base year 2005=100.0), recording a decrease of 2.7% over the first quarter 2009. Compared to the same quarter
Pending sales of previously owned U.S. homes unexpectedly rose in September to their highest level in nearly three years ahead of the expiration of a popular tax credit for first-time buyers, a
The U.S. manufacturing sector grew in October for the third consecutive month and at a faster rate than expected, according to an industry report released on Monday. The Institute for Supply Management
OPEC oil supply fell in October, the first decline since April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed on Monday.
Cutting big international banks down to size would not solve problems raised by the financial crisis and would create a sector unable to offer services required to support corporate clients, a top
