Cyprus - Page 1986

A dramatic rate cut by the U.S. Federal Reserve has ratcheted up the pressure on a reluctant Bank of Japan to follow suit this week, with analysts saying to hold back would

OPEC oil ministers meet on Wednesday to remove a record 2 million barrels per day from oil markets as they race to balance supply with the world's collapsing demand for fuel. The

Greek Prime Minister Costas Karamanlis pledged on Tuesday to tackle corruption after 11 days of violence triggered by the police killing of a teenager and fuelled by public anger at scandals and

The U.S. Federal Reserve is expected to lower interest rates closer to zero on Tuesday and point toward emergency tools it could deploy to end a year-long recession, with room to cut

The number of people with jobs fell in the euro zone in the third quarter against the previous three months for the first time on record, pulled down by falls in Spain,

European new car sales dropped by a quarter in November, data showed on Tuesday as more vehicle makers announced output cuts and the Big Three U.S. players waited for the government to

British inflation could fall below one percent next year, Bank of England Governor Mervyn King said on Tuesday in a letter to the government explaining why prices were rising by more than

OPEC has promised to make another deep oil supply cut at its meeting on Wednesday, hoping that will be enough to fight the worst fuel demand slump in a generation and rescue

 Insisting on the need to develop new forms of energy, U.S. President-elect Barack Obama on Monday chose as his energy secretary a Nobel physics laureate who is a major promoter of alternative

U.S. President-elect Barack Obama will meet with members of his economic team on Monday, including his nominee for treasury secretary and his pick to run the National Economic Council. Obama's transition office