Cyprus and Spain signed Thursday a double-taxation treaty between the two countries. The agreement was signed tonight during a ceremony at the residence of Spain’s Ambassador in Nicosia, Ana Salomon Perez who, said that after eight years of negotiations “we are finally going to sign a double taxation agreement between Cyprus and Spain”. "Here we
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Turkish Cypriot beekeepers will be able to start selling their honey across the Green Line, separating the northern Turkish occupied areas from the southern government controlled part of the country, as of now, according to the European Commission. A Commission statement recalled that the European Commission had authorised the trade of honey produced by Turkish
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It may not be hand-to-hand combat, but 'currency wars' came to Moscow on Friday as finance officials from the Group of 20 nations sparred over Japan's expansive policies that have driven down the value of the yen. The G20 forum, which put together a huge financial backstop to halt a market meltdown in 2009, is
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President Barack Obama on Thursday promised to be more forthcoming with the American public on his administration's campaign of lethal drone strikes amid criticism over the targeting of suspected U.S. terrorism suspects abroad. Obama, under pressure from the left and right to allow greater scrutiny of the secret decision-making process for killing Americans overseas, vowed
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A crippled cruise ship that lost power for more than four days in the Gulf of Mexico was pulled into a port in Mobile, Alabama, late on Thursday as passengers cheered the end of a "hellish" voyage marked by overflowing toilets and stinking cabins. Tugboats pulled the Carnival Triumph into port in a drama that
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South African 'Blade Runner' Oscar Pistorius, a double amputee who became one of the biggest names in world athletics, is due to appear in court on Friday on charges of murdering his girlfriend. The arrest of the 26-year-old Olympic and Paralympic track star stunned a nation that reveres him as a hero who triumphed over
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Weak euro zone growth data dampened sentiment in markets from Asian shares to copper to gold, while the yen was jittery as the G20's Moscow meeting gets underway and speculation builds over candidates to be the next Bank of Japan governor. Japanese shares extended losses and by far underperformed Asian equities on news that a
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Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "I.T. monkey". With Athens fighting to stave off bankruptcy, the former London-based technology manager for Lehman Brothers is tasked with modernising what is effectively a 19th century
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With passing phrases and striking images, Pope Benedict is assembling a last testament to his Roman Catholic Church, urging its leaders to put aside their rivalries and think only of the unity of the faith. The message, slipped into statements both before and after his shock resignation announcement on Monday, reads like a veiled rebuke
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AMR Corp and US Airways Group unveiled an $11 billion all-stock deal on Thursday that gives creditors of the bankrupt American Airlines parent control of the combined airline. US Air's management team, led by Chief Executive Doug Parker, will assume operational control of the airline, while AMR creditors will wind up owning 72 percent of
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