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MIDDLE EAST: Black gold rush threatens regional stability
Babylon & BeyondThe race is on for oil in the eastern Mediterranean, with at least four major competitors gunning to win. But it's far from a friendly competition. Of those four, two are locked in an ongoing state of war and the...... -
ISRAEL: Neighbors watchful as Israel demarcates maritime borders with Cyprus
Babylon & BeyondHuge gas fields discovered recently under the Mediterranean seabed have raised high hopes in Israel, a small, high-consumption country seeking alternative energy resources and a greater degree of independence from imports. In a different geopolitical... -
Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Charles Schwab, Moscow (Russia), Explosions, Budgets and Budgeting, Advanced Micro Devices Inc.
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ECB's Draghi: Europe's banking reform must include agency to wind down busted banks
AP Business WriterFRANKFURT, Germany (AP) — European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis...Tags: Germany, European Union, National Government, Government Debt, Cypriot Banking Crisis (2013)
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Independent Scotland open to Cyprus-style bank risks, says Britain
ReutersLONDON (Reuters) - An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain's finance ministry says. Before a referendum due in September 2014 on whether Scotland...Tags: David Cameron, European Union, Scotland, National Government, Gross Domestic Product
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Glance: A look at the key institutions involved in the European Union's economy
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions involved in Europe's economic policymaking:...Tags: European Union, Central Bank, Money and Monetary Policy, Christine Lagarde, Cypriot Banking Crisis (2013)
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Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF
ReutersNICOSIA (Reuters) - The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's 17.5 billion euro economy faced...Tags: European Debt Crisis, Economy, Business and Finance, International Organizations, European Union, Finance
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IMF says Cyprus economic outlook uncertain, faces risk of even deeper recession
Associated PressWASHINGTON (AP) — The International Monetary Fund said Friday that substantial risks still loom for the Cypriot economy even after a multi-billion dollar international bailout aimed at averting a debt default. A new IMF report predicted a deep...Tags: Economy, Business and Finance, International Organizations, Washington, DC, Finance, Politics
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Turkey's Erdogan says sees opportunity for Cyprus deal
ReutersWASHINGTON, May 16 (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and oil in the eastern...Tags: European Union, Nicos Anastasiades, Barack Obama, Energy Resources, Turkey
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REFILE-Bank documents portray Cyprus as Russia's favourite haven
ReutersBy Stephen Grey, Michele Kambas and Douglas Busvine NICOSIA, May 15 (Reuters) - When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean island headed towards financial...Tags: Moscow (Russia), United Capital Corp., Nicosia (Cyprus), Central Bank, Russia
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Turkey's Erdogan to push Obama on Syria after bombings
Reuters* U.S. seeks Turkish support with Syria peace conference * Erdogan, Obama to discuss evidence of chemical weapons use * Israel relations, Iraq energy also on agenda By Nick Tattersall WASHINGTON, May 14 (Reuters) - Turkey's prime minister will push U....Tags: Biological and Chemical Weapons, White House, John Kerry, Washington, DC, Executive Branch
Oct 22, 2010
| Los Angeles Times
Dec 27, 2010
| Los Angeles Times
May 24, 2013
|Story| Reuters
May 23, 2013
|Story| AP Broadcast
May 19, 2013
|Story| Reuters
May 18, 2013
|Story| AP Broadcast
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| AP Broadcast
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
Original site for Cyprus topic gallery.