EP launches webTV channel

European Parliament (EP) President Hans-Gert Poettering launched EuroparlTV, the Parliament's own webTV channel. As from today anyone with Internet access will be able to watch a regularly changing set of programmes based

Stocks, oil gain on AIG bailout; yen pressured

Global stocks rallied on Wednesday after a bailout of cash-strapped insurer AIG halted a two-day equities fall, but interbank lending rates stayed high and U.S. share futures weakened, suggesting the recovery was

Russia announces new Ambassador to Cyprus

The Russian Ministry of Foreign Affairs has announced the appointment of Vyacheslav Scumskiy to the post of Ambassador of the Russian Federation to the Republic of Cyprus. The decree was signed by

Stocks gain, oil rallies on AIG rescue

Asian stocks rose and oil jumped more than $3 on Wednesday after the U.S. government bailed out cash-strapped American International Group in a dramatic about-face to stem further damage to the global

Greek government ratings sink after year in power

Greece's conservative government has fallen behind the socialist opposition for the first time in years, hit by corruption allegations and a slowing economy, an opinion poll showed on Tuesday. Prime Minister Costas