The Committee of Ministers of the Council of Europe calls on Cyprus to adopt a structured policy to protect and promote the Armenian and Cypriot Maronite Arabic languages on the island. The position is outlined in the second report on the situation of minority languages in Cyprus. It has been drawn up by a committee
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Oil rose above $66 a barrel on Friday, recovering from the previous day's drop to an eight-week low, but gains were limited by doubts about the strength of economic recovery and high fuel inventories. U.S. crude futures <CLc1> rose 63 cents to $66.52 a barrel by 1005 GMT after dropping by $3.08 to close $65.89
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Britain's top shares were higher at midday on Friday, lifted by strength in energy stocks as a pledge by world leaders to keep economic support in place settled investor nerves and lifted commodity prices. By 1048 GMT, the FTSE 100 was 0.4 percent, or 21.8 points higher at 5,101.07, gaining traction after finishing below 5,100
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U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness in economic conditions. According to the Shared National Credit Program (SNC) 2009 Review, an annual inter-agency report released on Thursday, credit quality deteriorated
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The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday. Western powers' standoff with Iran broke into attempts to ensure the world emerges from a savage
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Minister of Foreign Affairs Marcos Kyprianou met on Thursday in New York his counterparts from Malaysia, Singapore, the United Arab Emirates and Palestine, with whom he discussed issues of mutual interest and bilateral relations. He also attended the UN General Assembly, during the statement by President of the Republic of Cyprus Demetris Christofias. Kyprianou furthermore
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Cyprus President Demetris Christofias invited investors from USA to invest in Cyprus taking advantage of the benefits given by Cyprus government. Speaking at a forum organized Thursday night by the Cyprus Embassy Trade center in cooperation with the Cyprus Chamber of Commerce and Industry, President Christofias stressed that Cyprus is “in comparison to other countries,
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Education and Culture Minister Andreas Demetriou has told the informal EU Education Ministers Meeting, which was held in Goteborg, Sweden, 23-24 September that Cypriot teachers enjoy very good conditions of work, both as far as remuneration and working environment are concerned, with small number of classes. In his intervention at the informal meeting, Demetriou noted
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U.S. stock index futures edged higher on Friday ahead of key data expected to show new orders for durable goods rose slightly. * At the G20 summit, world leaders pledged to keep emergency economic supports in place until a robust recovery takes hold and work together when the time comes to remove them, according to
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Twitter is close to securing as much as $100 million of new capital from mutual fund giant T. Rowe Price, private equity firm Insight Venture Partners and five other investors, the Wall Street Journal reported on Thursday. The funding will value the fast-growing microblogging site at about $1 billion. Other investors include existing Twitter backers
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