Cyprus developments bear no particular consequences for Russian, top Russian official says There are no particular consequences to the Russian economy from the situation in Cyprus, as long as the problem does not extend to other Eurozone countries, First Deputy Prime Minister of Russia Igor Shuvalov has said. He added that the problem in Cyprus
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Following years of speculation about whether it would be produced, the sequel to the Oscar-winning animated film "Finding Nemo" will be released in 2015, studio Disney-Pixar said on Tuesday. "Finding Dory" will focus on the absent-minded and chatty blue tang fish voiced by comedienne Ellen DeGeneres, who was a big hit with audiences. "I'm excited
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Police in Rio de Janeiro have arrested a third suspect after the weekend rape and kidnapping of a foreign student that shocked residents and once again raised concerns about security in Brazil ahead of the World Cup, Olympics and other major international events in the coming years. The man was detained late on Monday, following
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Prosecutors charged four people with manslaughter on Tuesday for their roles in the Jan. 27 nightclub fire that killed 241 people in southern Brazil, saying they overlooked grave safety irregularities. The Kiss club's two owners, as well as two members of a band who lit a flare that ignited a soundproofing ceiling foam, will stand
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Chinese authorities reported four new cases on Tuesday of a strain of bird flu previously unknown in humans that has already killed two people, taking the total of known cases to seven. The World Health Organisation (WHO) said on Monday there was no evidence that the H7N9 strain could be transmitted between people, but that
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North Korea's young leader Kim Jong-un is using his forebears' time-tested "crazy-guy-in-the-neighborhood" strategy, senior U.S. officials say, but with a provocative new twist – aiming Pyongyang's threats directly at the United States. There are indeed signs of an earlier method in what might seem like Kim's rhetorical madness, which U.S. policymakers say is patterned after
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Asian shares fell on Wednesday as investors waited for news on the U.S. economy, while Japanese stocks rose and the dollar recovered against the yen on expectations of forceful monetary easing emerging from this week's Bank of Japan policy meeting. European markets were likely to track Asian peers lower, with financial spreadbetters predicting London's FTSE
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The conclusion of the negotiations with the Troika for Cyprus’ bailout program of 10 billion euro lead to the restarting of the island’s economy and terminates a long period of uncertainty, Government Spokesman Christos Stylianides said Tuesday. Speaking during a press briefing at the Presidential Palace, Stylianides spoke of a very important development that ought
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The Bank of Cyprus Public Company Ltd announced on Tuesday that, following the decrees issued for its restructuring and recapitazation, the advances of the UK Branch of Cyprus Popular Bank Public Company Ltd, known as “Laiki”, have been transferred to Bank of Cyprus Public Company Ltd. The announcement said that these advances will continue to
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Finance Ministry has decided to further facilitate economic transactions through its revised decree on capital controls, issued Tuesday. Following a recommendation by the Governor of the Central Bank of Cyprus and with the consent of the Governor, the following restrictive measures are imposed: a. The maximum amount of cash withdrawal shall not exceed €300 daily
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