Data fail to lift gloom,world waits on Obama

Improved German investor sentiment failed to lift equity market gloom on Tuesday as investors fretted about the financial system despite the promise of further multi-billion dollar interventions around the world. German analyst

Cyprus compares itself with the EU

The Statistical Service has published “Cyprus in the EU scale” for 2008, showing Cyprus compared with other EU countries. Cyprus had a real GDP growth rate of 4.4% in 2007 compared with

Industrial turnover up 11.1% in October

The industrial turnover index in October rose by 11.1% compared with October 2007 according to the latest figures from the Statistical Service. Industrial turnover comprises mining, quarrying, manufacturing, electricity, gas and water

Hopes high as Obama takes office

Barack Obama takes over as U.S. president on Tuesday with hopes riding high he can conjure up a rescue that will jolt the world's biggest economy back to life and contain the