. The great gas game over Syria By Gulshan Dietl As much as has been written about the regional and global actors pursuing their pitiless agendas in Syria, one sub-plot in the vicious drama has remained relatively unexplored: the gas resource and its routes from production to the market. The past five years have seen
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. Financial misrepresentation and creative accounting By Rakis Christoforou, BBA,CPA/ABV/CFF, CGMA, ACFE – Director of RC Business Valuation & Forensic Accounting Ltd) There are a number of definitions about financial statement fraud from different organizations or bodies like the ACFE, ISA, etc. According to the ACFE, Financial Statement Fraud is “the deliberate misrepresentation of the
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. Housing related consumption in Europe was the only type of household expenditure which was not reduced during the economic and financial crisis, in contrast with other components of consumption and GDP trends, RICS research has found. Housing related expenditure is the biggest component of consumer spending at a European level. In 2011, the equivalent
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The performance of the Greek residential mortgage-backed securities (RMBS) market continued to weaken during the three-month period up to August, according to the latest indices published by Moody's Investors Service. In August, 90+ day delinquencies of Greek RMBS transactions increased, but remained in a narrow and low range between 1.4%-3.0%, with the exception of one
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The outlook on Slovenia's banking system remains negative, unchanged since 2008, according to Moody's Investors Service, saying this “reflects the lack of adequate capitalisation of the leading Slovenian banks and of on-going losses due to chronic asset-quality problems in the context of a persistently adverse operating environment.” Over the 12-18 month outlook period, the key
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The breakdown in trust between Angela Merkel and Sigmar Gabriel can be traced back to June 2010, when the leader of Germany's Social Democrats (SPD) leaked a confidential text message the chancellor sent him to Der Spiegel magazine. A furious Merkel broke off contact with Gabriel for the months after the exchange, which concerned the
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The Cyprus Shortsea Promotion Centre (CSPC), the Maritime Institute of Eastern Mediterranean, the Cyprus University of Technology and the Cyprus Port Authority are jointly hosting an event in Limassol next month to promote job opportunities in the maritime industry. "Blue Career 2013" will be held on October 12-13 at the CUT/TEPAK Andreas Themistocles Building, Pefkios
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Thirty-two countries have shown interest in hosting matches at Euro 2020, UEFA said on Friday. The tournament will be staged at 13 cities around the continent. The candidate nations must submit their full bid dossier by April when they must also choose their host city. UEFA said the countries were: Armenia (Yerevan), Azerbaijan (Baku), Belarus
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With new technology that’s 80% more efficient than existing coolers Over the long hot summer many of us reached for a cold drink. But what is the financial and environmental cost of our demand for cool drinks? Rapidcool, an innovative project supported by European Union research funding, aims at reducing the energy requirements for cooling
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The Ocean Basket chain of 7 restaurants in Cyprus has won the Green Key awarded to hotels and restaurants in more than 2000 establishments in 36 countries. According to the environmental group CYMEPA, Cyprus representative of Foundation for Environmental Education FEE, the criteria for the award include environmental management, involvement of employees, environmental information for
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