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Economy

Shard reveals how Cyprus' ancient kingdoms managed economy

An archaeologist says the discovery of a small clay shard inscribed with a partial inventory of goods at a 2,500 year-old citadel suggests that Cyprus' ancient city states "more than likely" had a...

Aug 14, 2019

The Latest: Dutch FM says US requests aid in Hormuz Straight

The Latest: The Netherlands is studying a US request to provide military backing in the Straight of Hormuz to protect commercial shipping

Jul 15, 2019

EU seeks to deescalate Persian Gulf tensions

EU looking to deescalate Persian Gulf tensions, call on Iran to stick to 2015 nuclear deal despite US pullout

Jul 15, 2019

OPEC extends oil production cuts amid weaker demand outlook

The oil producers' cartel, OPEC, is considering a six- to nine-month extension of its current deal to cut production amid weakening demand due to slowing global economic growth

Jul 1, 2019

EU asks Italy to better explain debt or face legal action

European Economy Commissioner Pierre Moscovici is urging Italy to quickly provide any new information it might have to explain its high debt levels and or face the prospect of imminent legal action

Jun 12, 2019

The Latest: European Central Bank ready to help economy more

European Central Bank President Mario Draghi said the bank is ready to "use all the instruments that are in the toolbox" to support the economy if needed

Jun 6, 2019