British retail sales rose unexpectedly in November but the public finances deteriorated sharply with government borrowing rising to a record monthly high, official data showed on Thursday. The Office for National Statistics
The General Affairs and External Relations Council (GAEC) of the European Union adopted its annual conclusions on December 9 regarding the Enlargement Policy. In these conclusions which insist on the “fair and
Venezuela President Hugo Chavez said on Wednesday a "fair" price of a barrel of oil would be between $70 and $90 per barrel, as OPEC ministers met to slash global oil supply.
The Federal Reserve's radical step of cutting interest rates to between zero and 0.25 percent quickly prompted rate cuts elsewhere on Wednesday and threw the focus firmly forward to a Bank of
The number of Britons out of work and claiming benefit rose for a tenth consecutive month in November and by the largest amount since March 1991, official data showed on Wednesday. The
Oil rose by more than a dollar to nearly $45 on Wednesday ahead of an OPEC meeting in Algeria widely expected to announce a big cut in production in an attempt to
The House plenary began here Tuesday a three-day debate on the 2009 state budget. According to the Finance Minister Charilaos Stavrakis, the 2009 state budget, as it was presented to the House
Kypros Chrysostomides, Cyprus Minister of Justice and Public Order, resigned today. President Demetris Christofias accepted his resignation. Chrysostomides’s resignation comes in the wake of last week’s escape, from a private hospital, of
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
