Thousands of Bulgarians, Bosnians and Serbs were left in the cold and some companies and schools did not operate on Wednesday after Russian gas supplies were halted to southeastern Europe. The disruption
The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters plan to announce on Wednesday, presenting a daunting challenge to President-elect Barack Obama who has said
After an absence of two years from local capital markets, the Republic of Cyprus raised EUR 150 mln through the sale of 5% government bonds, with date of issue 9.1.2009 and maturity
Greek Prime Minister Costas Karamanlis sacked his finance minister on Wednesday in a broad cabinet reshuffle to try to shore up his government's popularity, hit by riots, scandals and economic woes. Finance
Germany posted its first rise in unemployment in almost three years on Wednesday, a day after the global economic downturn forced U.S. aluminium giant Alcoa to announce 15,000 job cuts and slash
Greek Prime Minister Costas Karamanlis will reshuffle his conservative cabinet on Wednesday in an effort to reverse its sliding popularity due to riots and discontent with economic measures. A government statement said
The Cyprus government continues to supply the island’s northern Turkish occupied areas with gas, responding to a request by the Turkish Cypriot community. Commerce, Industry and Tourism Minister Antonis Paschalides said Tuesday
Average rents for U.S. apartments fell in the fourth quarter, as a sharp economic downturn and rising unemployment left Americans unwilling to pay higher prices, according to data released on Wednesday. Rents
British Prime Minister Gordon Brown will announce plans to spend 140 million pounds ($205 million) to create an extra 35,000 apprenticeships later on Wednesday, his office said in a statement. Brown pledged
A high-profile Chinese lawyer demanded on Wednesday that the government open its books to the public in an unusually direct display of the legal activism that the Communist Party sees as a
