World Bulletin / News Desk
Turkish Cypriot prime minister has said his government planned increased investments in a two-year economic program for 2013-2015, adding that improvement in Turkey's economy had positive impacts on the economy of the Turkish Republic of Northern Cyprus (TRNC).
Irsen Kucuk told The Anadolu Agency on Wednesday that the new investment program would be given its final shape after consultations with Turkey, which he said carried out 90 percent of overall investments in the TRNC.
Kucuk said the Turkish Cypriot economy has been growing since 2010, and that the Turkish Cypriot state planning board estimated a 3 percent growth rate for 2012.
The TRNC prime minister said the government's austerity program had begun yielding results with an increase of 3-4 percent in budgetary revenues which reached over 2 billion Turkish liras.
Kucuk said the economic program also included more investments in infrastructure, adding that the prospective Turkish supply of water and electricity in March 2014 promised to make major contributions to the Turkish Cypriot economy.
Air France, the French network of Air France-KLM said on Wednesday it has suspended its flights to Sierra Leone following advice from the French government
Ukrainian Prime Minister Arseny Yatseniuk said that Kiev knew of plans by Russia to halt gas flows this winter to Europe
The inquiry into tycoon Bernard Tapie has embroiled several of former president Nicolas Sarkozy's cabinet members including Lagarde.
The riot broke out in the southern industrial hub of Johor state on Tuesday at a factory run by JCY International , a Malaysian firm that makes parts for electronic giants including Samsung, Hitachi and Western Digital.
Hawaii and U.S. territories have strong dependency on petroleum imports, because of their physical isolation and lack of fossil fuel resources, while their residential electricity prices have been three to five times the average residential prices of the mainland U.S.
Buyers of Kurdish crude could face lawsuits from Baghdad if the oil moves close to U.S. soil and would also require the seller to provide costly indemnities against potential lawsuits
Deep job losses, route cuts and a change of leadership are expected to feature in a restructuring plan being prepared by Malaysia's government
New company will create the third largest global fast-food chain with annual sales of US$23 billion.
Once the international language of royal courts and diplomacy, French has lost ground to English in recent decades
With Russian and Libyan imports at risk, Algeria has become key in safeguarding supplies.
Clashes over economic policy also forced a government reshuffle in France this week as a political battle raged in Europe over whether belt-tightening had gone too far at the expense of economic growth.
The most recent polls show the four-party centre-right coalition government trailing the centre-left opposition by more than 10 points.
The Iranian section of the 97km long pipeline completed
Gamal Qumwa, the chairperson of the energy committee in the Jordanian parliament, said that the preliminary agreement includes supplying Jordan with 150 cubic feet of natural gas from Gaza's field.
The 5,000-member force launched on Friday will be part of the federal police and focus on guarding agriculture, mining, and oil and gas production against criminal groups.
As a candidate for membership of the EU, Serbia is under pressure to bring its foreign policy into line with that of the 28-member EU