by Apostolis Zoupaniotis Washington, (CNA) — US President George Bush and Turkish Prime Minister Recep Tayyip Erdogan have expressed their resolve to combat terrorism in northern Iraq. “Turkey is a strategic partner and strong ally of America. We had a long discussion about a common concern, the PKK which is a terrorist organization. They are
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Sub prime affect lower the U.S stocks, push the Yen higher By Rodian Rahnayev 06 November 2007 Finotec Analysis Team    EUR/USD USD/JPY GBP/USD USD/CHF Resistance 1.45351.45251.4500 115.95115.40114.90 2.11002.10002.0898 1.17351.16701.1620 Support 1.44151.44051.4375 114.00113.75113.25 2.07802.07632.0755 1.14851.13701.1290 Yesterday, the yen strengthened as investors bailed out of some risky yen-funded currency bets in the wake of
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Woodland Designs Plc announced that it acquired 10% of Attica Department Stores SA from its parent company Ridenko Trading & Holdings SA. The Company said that Attica Department Stores SA was established in 2004 for the construction and operation of Attica, the Greek department store in the CITY LINK at 9 Panepistimiou, Athens city centre.
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The Cyprus Securities and Exchange Commission announced that following its board meeting on 22 October 2007, it decided to impose administrative fines on the following Cypriot Investment Firms (CIFs) amounting to CYP 5.000 each, for their failure to submit their annual return for the year 2006 within the specific deadline set by the Investment Firms
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The Advisory Committee of the FTSE/CySE20 index has decided to revamp the index after taking into consideration the past performance of the index from April until end of September 2007. The companies entering the index for the next six-month period starting from December 3, 2007 are The Cyprus Cement Public Company Ltd, Ocean Tankers Holdings
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Hermes Airports Ltd recorded another strong month in October for passenger traffic at Larnaka and Pafos International Airports. Nearly 776,000 passengers travelled through the two Airports in October 2007, a 3.94% increase on October 2006. At Larnaka International Airport, passenger traffic increased by 5.27% on October 2006, with over 565,000 passengers. At Pafos International Airport,
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The European Commission has urged the leaders of the Greek Cypriot and Turkish Cypriot communities in Cyprus to step up their efforts to relaunch negotiations on a comprehensive settlement under UN auspices. In its Enlargement Strategy 2007 Report issued today along with the Progress Reports for the EU candidate countries (Croatia, FYROM and Turkey) and
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by Kyriacos Tsioupras London, Nov 6 (CNA) – British Foreign Secretary David Miliband reiterated on Tuesday that the British policy on the Cyprus problem has not changed as a result of the strategic partnership agreement signed between the United Kingdom and Turkey. He added that his country remains a strong supporter of the 8 July
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Cypriot President Tassos Papadopoulos assured on Tuesday that the Government would stand by the affected stockbreeders and the sector in general, and expressed deep sorrow over the outbreak of foot and mouth disease (FMD) on the island. Speaking after a meeting at the Presidential Palace with the participation of Minister of Agriculture, Natural Resources and
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The dollar fell to a record low against the euro on speculation financial-company losses from U.S. subprime-mortgage defaults will grow, prompting the Federal Reserve to cut interest rates for a third time this year. The U.S. currency dropped to an all-time low of $1.4570 per euro.The yen declined to 166.99 per euro. The U.S. currency
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