Cyprus - Page 1953

Government Spokesman Stephanos Stephanou has said on Sunday that a Cyprus flagged ship which has been reported to be carrying arms that originated from Iran and was forced by an American military

British Prime Minister Gordon Brown warned on Friday against a retreat into financial protectionism and urged political and business leaders to work in concert on ways to solve the global economic crisis.

The U.S. economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into recession as consumers and business cut spending. In

 Insurance rates are likely to increase in 2009 and the Lloyd's of London market is doing well, despite the economic downturn, its chairman said on Friday. Peter Levene said the recent precipitous

George Diderich, President of the Technical Committee of the 2009 Games of the Small States of Europe (GSSE) is on a visit to Cyprus to assess the progress so far in the

Russia's central bank vowed to defend its floor for the rouble on Friday as the currency sank to fresh record lows and its Finance Minister outlined forecasts for a year of no

Japanese industrial production fell a record 9.6 percent in December, while core annual inflation almost evaporated, reinforcing expectations of a record economic contraction as the global financial crisis worsens. Unemployment hit a

Cyprus Central Bank Governor Athanasios Orphanides, a voting member on the European Central Bank Governing Council broke ranks with ECB President Jean-Claude Trichet arguing that the view of very low interest rates

The Cyprus Securities & Exchange Commission (CySEC) granted an exception to Cyfield Development Co from the obligation to launch a mandatory takeover bid for the acquisition of the share capital of Nemesis

The European Commission started infringement proceedings against 10 member states, among them Cyprus, for failing to comply with the EU's air quality standard for dangerous airborne particles, known as PM10. The 10