South Korean President Lee Myung-bak said on Thursday that foreign exchange policy was among the issues on which G20 economies needed to discuss coordination at next month's summit here. "The world must coordinate, and in that context (countries) need to discuss international coordination on various pending issues including foreign exchange at the G20 Seoul summit,"
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Experts in Cyprus are trying to unravel the identity of one of the island's older inhabitants, after a skeleton was discovered protruding from a cliff in one of the island's richest archaeological sites. The intact skeleton was found at Curium in the southwest of the Mediterranean island renowned for its links to the ancient world.
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Two years after it was posted on YouTube, a video that appears to show an Israeli soldier dancing around a blindfolded and bound Palestinian woman detainee has gone viral on the Internet. The incident, whose authenticity could not be determined independently, has drawn more than 500,000 views on YouTube over the past two days. In
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The European Union should stop pressing China to revalue the yuan as a rapid revaluation could cause turmoil, Chinese Premier Wen Jiabao said on Wednesday. Wen told an EU-China business forum on the sidelines of a summit with European Union leaders that a sharp appreciation of the currency could lead to social unrest in China,
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The United States and EU said on Wednesday that U.N. climate talks were making less progress than hoped due to rifts over rising economies' emission goals, while China pushed back and put the onus on rich nations. Negotiators from 177 governments are meeting this week in the northern Chinese city of Tianjin, trying to agree
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. By Chris Vellacott and Lisa Jucca (Reuters) Tax authorities in Europe should not buy stolen data to help find tax evaders in offshore centres, a top HSBC private banker said. "It saddens me to think that any government would willingly pay for stolen information. No two wrongs ever made a right, at least that's
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The chief executive of Hellenic Exchanges, the operator of Greece's stock and futures markets, said on Wednesday he will step down at the end of October when his contract expires. Spyros Capralos, aged 55 and chief executive since 2004, said he would also step down as president of the Federation of European Securities Exchanges (FESE),
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The billionaire owner of Russian soccer club Spartak Moscow on Wednesday denied reports he was interested in buying Italian club AS Roma. Russian media had reported that Leonid Fedun, vice-president of Russian oil company LUKOIL, was interested in purchasing the Serie A club after it was put up for sale in September. But asked by
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Speed cameras may be seen as an annoyance by many drivers, but a study of international research showed on Wednesday that this kind of monitoring of roads does cut the number of traffic injuries and deaths. Preventing traffic injuries is a global health issue, with the World Health Organization predicting that by 2020, road crashes
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A two-day state visit to Cyprus by the Russian President is one of historic importance, said here today Minister of Commerce, Industry and Tourism Antonis Paschalides, adding that right now Russia is one of Cyprus’ most important strategic partners in all sectors. According to an official announcement, Paschalides who was replying to journalists’ questions regarding
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