Cyprus - Page 2043

U.S. economist Paul Krugman, a fierce critic of the Bush administration for policies that he argues led to the current financial crisis, won the 2008 Nobel prize for economics on Monday. The

Governments across the world launched multi-billion dollar bailouts on Monday to shore up tottering global banks and Britain called for a new Bretton Woods agreement to reshape the world financial system. Stocks

Cyprus President Demetris Christofias has announced his decision to cancel Nikiforos, the National Guard annual military exercise. Speaking at the Presidential Palace, President Christofias said the Council of Ministers had decided some

Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat continued here today their discussions on the powers of the executive, in the framework of direct negotiations aiming to solve the

Iceland looked for help from new partners on Monday to dig it out of a crisis that has overwhelmed its once-flourishing financial sector. A central bank and finance ministry delegation left for

Most shopkeepers in Tehran's main bazaar re-opened for business on Monday after a protest against a new sales tax, but some defied calls from their trade union to go back to work.

Fewer than half of Cyprus’s tourists stay in hotels, according to data released by the Statistical Service, while around one-sixth stay with relatives and friends. Between January and August 2008, on average

The dollar London Interbank Offered Rate, or Libor at which banks lend to each other remained at high levels despite the injection of billions of money by Central Banks in the form

 More than a year after the start of the global credit crisis and a month since the financial hurricane blew into Europe, the European Union has finally got its act together with

The main purpose of the Extraordinary meeting of the Heads of State and Government of the Euro Zone states in Paris was to give a message of support from the EU member