Prices of some foods may ease slightly in 2012 due to a slowing global economy but are unlikely to drop drastically from the high levels reached last year, the new director-general of the U.N.'s Food and Agriculture Organization said Tuesday. Jose Graziano da Silva, the Brazilian who replaced Senegal's Jacques Diouf at the helm of
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– MPs get 11,283 euros a month before tax – Free train, air travel among allowances – French, German MPs get more allowances Italy's parliamentarians are among the best paid in Europe with a basic salary of 11,283 euros ($14,600) a month before tax, according to a report on Tuesday that is likely to provoke
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Investors scooped up the euro and global stocks on Tuesday as better-than-expected economic data in the United States, Europe and China whetted risk appetite, while tensions in the Middle East between Iran and the United States boosted oil prices. The pace of growth in the U.S. manufacturing sector accelerated in December, its best month since
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Greece, increasingly dependent on imports of Iranian oil, will not break ranks with its European Union partners should they impose an oil embargo on the Islamic Republic at a meeting this month, Greek government sources said on Tuesday. The EU is considering an embargo on Iran's oil exports, backing those long in place in the
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Attorney-General Petros Clerides has lodged on Tuesday an appeal to the Supreme Court against the Assize Court's majority ruling to acquit the five defendants over a fatal air crash in 2005 in which 121 persons died. According to credible sources the appeal is based on two axis, namely that the majority ruling was wrong to
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Nicosia, Jan (CNA) – Inflation recorded a significant rise in December 2011, increasing by 3.9% compared to 3.8% in November 2011, while for the whole year of 2011 the inflation rate recorded an increase of 3.3% compared to 2.4% in 2010. According to data published today by the Statistical Service, the Consumer Price Index for
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Greece faces an exit from Europe's common currency bloc unless it clinches a deal on a second, 130 billion euro bailout with its international lenders, a government spokesman said on Tuesday. "The bailout agreement needs to be signed otherwise we will be out of the markets, out of the euro," Pantelis Kapsis told Skai TV.
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Computer hackers published details of thousands of active Israeli credit cards after breaking into Israeli websites, the chief executive of Israel's largest card company said Tuesday. Computer hackers published details of thousands of active Israeli credit cards after breaking into Israeli websites, the chief executive of Israel's largest card company said Tuesday.
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Republican presidential candidate Mitt Romney told an Italian newspaper that Europe must solve the euro zone debt crisis without any help from the United States. "The U.S. must take care of its own crisis, and won't give a dollar to save Europe," Romney told La Stampa. Romney, a former Massachusetts governor, said he was aware
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Water flow to the dams of the Republic of Cyprus from October 1, 2011 until today has reached 10,5 million cubic metres, compared to 5,3 million in the same period last year. Senior Technician at the Water Development Department of Cyprus, Fedros Roussis, in statements to CNA said that from Friday December 30, 2011, until
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