The Cyprus question, Cyprus position within the EU and the prospect of joining Partnership for Peace were discussed during a meeting member of the European Parliament, former Foreign Minister and candidate for the presidency of the Republic of Cyprus Ioannis Kasoulides had Monday in Berlin with German Chancellor Angela Merkel. In statements after the meeting,
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No takers for Indian Depository Receipts, i-bankers blame it on lack of will MUMBAI: Six months since the revised guidelines for Indian Depository Receipts (IDR) were notified, the product is still to catch the fancy of overseas companies. In July, some of the criteria were amended to make the instrument more attractive for foreign companies
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Wall St indexes drop as consumers cinch belts NEW YORK: US stocks fell sharply on Friday, capping a third consecutive weekly decline, on a warning by American Express Co of mounting credit-card defaults and a slowdown in consumer spending. Worries about consumer belt-tightening hit stocks from across the board, from fast-food chain McDonald's Corp to
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New York City may not follow the rest of the US into a slump LOOKING back, 2007 was supposed to be the year that the "Find Real Estate listings and community news for New York City" residential real estate market slowed down and began to look a bit more like the slumping national market.But that
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US hardwood product exports to the Middle East and North Africa (MENA) region reached USD 52.2 mln during the first ten months of 2007, a rise of 32.3% from the same period in 2006 according to the United States Census Bureau. In an effort to further maximise the increased demand for US hardwood in the
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Business Software Alliance (BSA) and the Bahrain Ministry of Information have successfully concluded an anti software piracy road show at the Bahrain Sheraton Hotel as part of a region-wide initiative to create public awareness of intellectual property rights issues. The road show also sought to show support and help fortify Bahrain’s anti-piracy strategy for 2008.
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Cypriot Minister of Foreign Affairs Erato Kozakou Marcoullis said on Sunday that a solution of the Cyprus problem should aim at the reunification of the island and its people in a bizonal bicommunal federation, noting that if Turkey continued to promote division and secession it would inevitably face the determination of the people of Cyprus
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The Cyprus Stock Exchange (CSE) seeks to play a regional role in the Eastern Mediterranean, CSE’s President George Koufaris has said, pledging to continue efforts to make the most of challenges ahead to the benefit of investors, public companies, the establishment itself and the Cypriot economy at large.The stock market has succeeded in restoring its
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LONDON, Jan 14 (Reuters) – British spread-betting firm IG Group Plc met forecasts with a 60 percent rise in first-half underlying earnings on Monday, but its shares skidded 6 percent, weighed by concerns of slower second-half growth. By 1040 GMT, shares in IG Group, which allows investors to speculate on currencies, interest rates, shares and
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By Mike Peacock LONDON, Jan 14 (Reuters) – Major American banks are expected to unveil substantial losses and secure more cash from abroad in what is shaping up to be a pivotal week for the global credit crisis, with central banks also poised to weigh in again. Citigroup Inc. could write off as much as
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