NICOSIA, Cyprus (AP) - Cyprus' president has appointed a panel of three former supreme court judges to investigate how the country ended up nearly bankrupt.
President Nicos Anastasiades said Tuesday that ordinary citizens who are shouldering the burden of "actions and omissions" by officials
By PAN PYLASAssociated Press
LONDON (AP) - Unemployment across the 17 European Union countries that use the euro has struck 12 percent for the first time since the currency was launched in 1999, official figures showed Tuesday.
Eurostat, the EU's statistics office, said the rate in February was
By ELAINE KURTENBACH and MARI YAMAGUCHIAssociated Press
TOKYO (AP) - Japan's Cabinet has approved a proposal to revamp its troubled electricity industry and foster more competition by obliging utilities to split power generation and distribution into separate businesses.
The plan is meant to
LONDON (AP) - The Bank of England's new financial watchdog says savers, big and small, in the British arm of the Cypriot bank Laiki will not have to pay a levy on their deposits.
The Prudential Regulatory Authority says 270 million pounds ($410.5 million) worth of deposits in Laiki Bank U.K.
By ROD McGUIRKAssociated Press
CANBERRA, Australia (AP) - Australia is paying its biggest Hollywood inducement ever to bring "20,000 Leagues Under the Sea" Down Under.
The Walt Disney Studios will film a new version of the science fiction classic in Australia, which will pay the studio 21.6 million
MADRID (AP) - Spanish government figures show that the number of people registered as unemployed edged down by a little under 5,000 in March, the first reduction for the month in five years.
The Labor Ministry said Tuesday that the decline showed the government's policies are working. The scale
By MATTHEW PENNINGTONAssociated Press
WASHINGTON (AP) - President Barack Obama on Tuesday thanked Singapore for its military cooperation as the U.S. prepares to rotate ships through the prosperous city state to boost its presence in the Asia-Pacific.
Obama met with Prime Minister Lee Hsien Loong,
By TRACIE CONEAssociated Press
SACRAMENTO, Calif. (AP) - On its first official day in bankruptcy, the city of Stockton now must grapple with the hard part of reorganizing its financial affairs - how to share the financial burden equitably among creditors while meeting its massive state pension
By ALICIA A. CALDWELLAssociated Press
WASHINGTON (AP) - The Homeland Security Department expects applications for high-skilled immigration visas to outpace the available supply in a matter of days, one of the fastest runs on the much-sought-after work permits in years and a sign of continued
By MEGHAN BARRAssociated Press
NEW YORK (AP) - Jim Riches pulled his son's mangled body out of the rubble at the World Trade Center, but the phone calls still filtered in years afterward. The city kept finding more pieces of his son.
"They'll call you and they'll tell you, 'We found