European Left Chairman and one of the leaders of the Left party in Germany Lothar Bisky has expressed support to a just settlement of the Cyprus problem. Speaking during a symposium organized by leftwing AKEL political party on ”EU and the Cyprus problem”, Bisky said the European and German Left support the candidacy of AKEL
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Oil fell more than a dollar to below $93 a barrel on Tuesday as investors weighed the prospects for growing stocks of crude in the United States, the world’s largest oil consumer. A U.S. government report due on Wednesday is expected to show crude inventories rose by 2.3 million barrels last week.. Venezuela’s threat to
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Non-Hispanic whites will become a minority in the United States by 2050, with immigrants and their children driving 82 percent of U.S. population growth in coming years, a new study said on Monday. The U.S. population will grow to 438 million in 2050 from 296 million in 2005 if current population trends continue, the Pew
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OTTAWA (Reuters) – Canada’s minority Conservative government will present its 2008-09 budget on Feb. 26, a document that could trigger an election in mid-April. After Finance Minister Jim Flaherty announced the budget date in Parliament on Monday afternoon, he took note of the uncertain times, and promised to stay out of deficit. “In this budget,
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Standard & Poor’s Ratings Services said that it had revised its outlook on Greece-based Piraeus Bank S.A. to positive from stable. At the same time, the ‘BBB+/A-2’ counterparty credit ratings on the bank were affirmed. “The outlook revision reflects the continued improvement in Piraeus’ financial profile, with a consistently strong operating performance and significant enhancement
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By Guy Faulconbridge MOSCOW, Feb 12 (Reuters) – Iranian and U.S. officials will meet within days in Baghdad for a new round of talks as part of efforts to build on recent progress in stemming sectarian violence, Iraq’s foreign minister said on Tuesday. Hoshiyar Zebari also said he was confident Iranian President Mahmoud Ahmadinejad would
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European stocks were higher midday on Tuesday as automobile shares rallied after a better than expected reading for an economic sentiment indicator in Germany, the continent’s largest economy and a major car manufacturer. European stocks were higher midday on Tuesday as automobile shares rallied after a better than expected reading for an economic sentiment indicator
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Standard & Poor’s Ratings Services said that it has raised its long-term counterparty credit rating on Greece-based Alpha Bank A.E. to ‘A-‘ from ‘BBB+’. The ‘A-2’ short-term counterparty credit rating was affirmed. The outlook is stable. “The upgrade recognizes Alpha’s successful implementation of its strategic plan, which has led to the consolidation of a strong
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Following the general approach agreed on 4 December 2007, pending the opinion of the European Parliament, the ECOFIN Council Tuesday adopted a recast of Directive 69/335 concerning indirect taxes on the raising of capital (capital duty directive). The European Commission welcomes this recast which simplifies the legislation and ensures that restructuring operations shall not be
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The European Commission welcomes the adoption by the Council of legislation implementing new rules on the place of supply of services. The legal texts adopted are a follow-up to the political agreement on the so-called VAT package reached on 4 December 2007. They will ensure that VAT on services will accrue to the country of
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