News

Occupied Trikomo is planning to become a Chinese village

As a Turkish Cypriot media reported, occupied Trikomo has attracted the close interest of Chinese investors. As stated by the TC newspaper, the Chinese investors are looking into all British, Russian and Scandinavian interest.


Ministry of Internal Affairs: Greece refuses to pay IMF

As per the state of the Ministry of Internal Affairs of Greece, Mr Nikos Vutsis stated on a local Greek TV channel that they may not be able to make the next payment as per the agreement of the IMF as originally planned for June 5th as the Greek treasury is currently "lacking funds".


After weeks of uncertainty for Greece’s future in the Eurozone, following the latest meeting yesterday, Greece with the support of the IMF have unveiled the widely anticipated outline summary of reforms demanded by Eurozone leaders in order to secure a bailout extension.


Improved air quality has come at a cost for China

Financial Data which emerged from China last week has highlighted the continuing downward pressure facing the major Asian economy. China's industrial output rose 7.7% in October from a year ago, while retail sales grew 11.5% in the same period. Economists predicted a growth of 8% and 11.6% respectively.