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CYPRUS: Turkish Cypriot donates bone marrow to save child in Greece

A Turkish Cypriot bone marrow donor has given hope to a child in Greece who was in urgent need of a transplant. Hasan Yasakurt underwent an operation at the Famagusta Medical Centre

17th July 2019
Cyprus

EUROPE: At 0.3% Cyprus registers EU’s second lowest annual inflation rate

In June Cyprus registered the EU’s second lowest annual inflation rate of 0.3% behind Greece with 0.2%, a year earlier the rate was 1.7%, according to Eurostat. The euro area annual inflation

17th July 2019
Business

SOCIETY: Cyprus peace advocate wins US award for religious freedom

Salpy Eskidjian Weiderud, executive director of the Religious Track of the Cyprus Peace Process, is one of five International Religious Freedom Award winners announced by the US State Department. She was invited

17th July 2019
Cyprus

MARKETS: Caution returns as Trump reminds investors of tariff risks

By Han Tan, Market Analyst at FXTM Asian stocks continue to decline after the S&P 500 ended five straight days of gains to ease off its record high, as US President Donald

17th July 2019
Business

CYPRUS: US underlines ‘deep concern’ over continued Turkish gas drills

Washington remains very concerned over Turkey’s continued illegal drilling activity in Cyprus waters, US State Department Spokesperson Morgan Ortagus said. “Similarly, to the Europeans, we’ve expressed deep concerns over Turkey’s assertions that

17th July 2019
Cyprus

CYPRUS: Construction of EUR 350m Nicosia Orbital Motorway to begin in 2020

Cyprus Ministry of Transport has issued a call for tenders for construction of the €350 mln Nicosia Orbital Motorway to be built in five phases starting in mid-2020. The long-awaited project is

16th July 2019
Business

In a digital world it can still be good to talk

. IN our digital age there is a conflict between the services people say they want and the ones they actually pay for. In theory, we all want to buy our food

16th July 2019
Comment

ENERGY: Cyprus rejects Turkish Cypriot pitch for joint control over gas riches

Cyprus on Tuesday rejected as “unacceptable” a Turkish Cypriot proposal on energy revenue sharing to help de-escalate tensions created over Turkish drilling activity off the divided island’s coast. Nicosia argues that jointly

16th July 2019
Cyprus

MARKETS: Yawn and press ‘snooze’ ahead of US earnings reports

By Lukman Otunuga, Research Analyst at FXTM  Asian shares were tired and struggling for direction on Tuesday morning due to a lack of fresh market-moving news, with investors on the sidelines ahead

16th July 2019
Business

ECONOMY: Cyprus weathering worsening global conditions

Cyprus’ economy is in a position to weather worsening international macroeconomics and the shrinking of the tourist flow to the island as predictions over the country’s GDP growth remain high. Despite reappraisal

16th July 2019
Business
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Latest News

  • WTI hits 6-week high of $86, as supply concerns rise
  • WTI rally slows down as Tehran leaves door open to diplomacy
  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”

Latest Comment

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Popular

WTI hits 6-week high of $86, as supply concerns rise

Oil prices continue rallying on Wednesday as hostilities in Iran

WTI rally slows down as Tehran leaves door open to diplomacy

West Texas Intermediate traded around $81.30 on Monday, down 0.54%

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

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