Olympic medal count  

 * Is the government meddling in the bank’s affairs? * The Cyprus banking crisis does not seem to be going away. Worse still, the problem has evolved from a can of worms to a Pandora’s Box with a power struggle within the island’s leading bank as the government continues to keep a stick-in-the-sand policy in

When Egyptian President Mohamed Mursi came to power, he promised voters that he would achieve 64 goals by the end of his first 100 days in power. But a little over 30 days into his term, a new website says he has achieved just one of those goals. The website – the "Morsi Meter" –

London cyclists demanded safer roads on Thursday after a young man on a bike was killed in a crash with an Olympic shuttle bus, just hours after Britain's Tour de France winner Bradley Wiggins grabbed gold in the road time trial. The 28-year-old, named by police as Daniel Harris, was pronounced dead at the scene

Consumer price inflation ticked up again in July to 2.2%, having eased to 1.8% in June. Annual inflation in many categories actually subsided in June. In particular there was a slight drop in the punishingly high prices of electricity, water, housing and gas, which rose by 12.8% compared with the same month of the previous

Standard and Poor’s has lowered Cyprus’ Sovereign rating by one notch to “BB” from “BB+” previously, maintaining its “negative” outlook saying that short-term financing pressures are rising and there is uncertainty over Cyprus’ ability to secure bilateral funds. S&P added that “even with official assistance, which we view as vital if Cyprus is to avoid

Greek political leaders agreed to 11.5 billion euros ($14.14 billion) of austerity cuts demanded under its bailout terms, opening the way for a deal with foreign lenders within the month, Greek officials said on Wednesday. The junior partners in the conservative-led coalition government of Prime Minister Antonis Samaras set aside demands for an immediate renegotiation