By John Whitesides The U.S. Congress has started work on a broad overhaul of the healthcare system in a rare spirit of optimism, but brewing battles over its cost, scope and structure could still scuttle hopes for a solution. From President Barack Obama's declaration that "the stars are aligned" on healthcare to a recent cost-cutting
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Banks will be more closely scrutinised under European Union plans unveiled on Wednesday to apply lessons from the credit crunch and better protect investors hit by the worst financial crisis in decades. The European Commission's plans to create a series of pan-European supervisory bodies form a core plank of the EU's response to the market
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Minister of Commerce, Industry and Tourism Antonis Paschalides assured on Tuesday that the technical and scientific work regarding the offshore blocks for the exploitation of hydrocarbons in the exclusive economic zone of Cyprus continues on schedule and there is no delay in the process. Replying to a question on the sidelines of Cyprus’ International Fair,
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Cyprus Sport Organization (CSO) will host an Informal Meeting of Ministers responsible for sport of the small states of Europe on Monday 1, 2009, in Nicosia, under the chairmanship of the Minister of Education and Culture. According to an announcement issued here today by CSO, the Meeting of Ministers will be held within the framework
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Cyprus and Libya have signed a Protocol of Cooperation, which provides for the enhancement of their relations in the fields of economy, commerce and science. The Protocol was signed Wednesday by Cypriot Minister of Finance Charilaos Stavrakis and Minister of Justice of Libya Abdel Jalil. In statements to the press, Stavrakis said that in addition
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Woolworth (Cyprus) Properties Plc (FWW.) issued a positive profit warning for its 1Q09 results, attributable to the disposal of its 20% stake in the associated company ‘CTC-ARI Airports Limited’ to ‘Ermes Department Stores Plc’ (ERME). In 1Q08 FWW posted a net profit figure of EUR 1.2 mln yielding an EPS of EUR 0.011.
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An educational programme for judges and lawyers on the European Law on competition, currently taking place in Nicosia, has provided a forum for an exchange of views and a briefing by legal experts on the subject matter. The programme is organised by the Law Commissioner’s Office, in collaboration with the Faculty of Law of the
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Banks will be more closely scrutinised under European Union plans unveiled on Wednesday to apply lessons from the credit crunch and better protect investors shaken by the worst financial crisis in decades. The European Commission's plans form a core plank of the EU's response to the crisis. They are aimed at spotting any build-up of
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Britain's top share index was up 0.6 percent in early trade on Wednesday, extending Tuesday's advance driven by strength in banks and miners following signs of economic recovery in the United States. At 0856 GMT the FTSE 100 index was 24.39 ponts firmer at 4,436.11, having closed 46.43 points, or 1.1 percent higher in the
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Oil rose to hit a six-month high above $63 a barrel on Wednesday after OPEC kingpin Saudi Arabia said the global economy had strengthened enough to cope with oil at $75-$80 a barrel. Speaking ahead of the Organization of the Petroleum Exporting Countries' meeting in Vienna on Thursday, Saudi Oil Minister Ali al-Naimi said oil
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