Posts by tag: Shimon Peres

Archives May 13, 2012 posted by

François Hollande meets the world

WHEN François Hollande, fresh from his election as France’s next president, was asked by a journalist which language he would use when he meets US President Barack Obama for the first time, his answer was revealing. “I speak English more fluently than the former president,” the Socialist leader insisted, referring to the outgoing Nicolas Sarkozy. “But a French president must speak French!”

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Archives November 12, 2011 posted by

Ireland and Croatia all but seal Euro 2012 places

Ireland and Croatia erased bad memories with stunning football and seven goals on Friday as they made preliminary bookings for the Euro 2012 football finals by crushing Estonia and Turkey away.

In the other playoff first legs, Czech Republic overcame Montenegro 2-0 in Prague where Vaclav Pilar scored after 63 minutes and Tomas Sivok in added time while Bosnia and Portugal slugged out a goalless draw on a poor surface in Zenica.

Ireland, seeking to forget the disappointment of their infamous ‘Henry handball’ playoff defeat by France in the qualifiers for the 2010 World Cup, won 4-0 in Estonia in their first leg while Croatia beat the Turks 3-0 in Istanbul.

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Archives November 6, 2011 posted by

Central Bank chief says taxes may have to rise

CYPRUS MAY need to raise taxes to help it pull out of an economic crisis, central bank Governor Athanasios Orphanides said yesterday, a day after Moody’s warned the island would probably need to seek emergency funding at some point.

Moody’s downgraded Cyprus’s credit rating by two notches to Baa3, one level above junk, on Friday, forecasting the government would have to bail out its banks next year due to their exposure to Greek debt. As the government has lost access to international capital markets, it would probably need to seek emergency funding from official sources, the ratings agency said.

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Archives November 2, 2011 posted by

Mari debate postponed again


PARLIAMENT yesterday postponed for Friday discussion of the findings of an inquiry into the July 11 blast that killed 13 men and incapacitated the island’s main power station.

The discussion was moved due to the Israeli president’s visit. Shimon Peres arrived on the island last night.

Lawmakers had initially decided to discuss the findings, which laid most of the blame for the blast on President Demetris Christofias, on October 13.

But after concerns over the length of the session — set to start in the afternoon and go on for around seven hours — MPs decided re-schedule for this month and break the debate in two – yesterday and today.

The debate will start tomorrow morning and is expected to last six hours.  


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