Will the Fed deliver?

By Craig Erlam Equity markets are paring gains ahead of the Federal Reserve announcement on Wednesday, perhaps a little caution ahead of the final decision of the year. The announcement, forecasts, and

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Job vacancy rate drops to 2.2%

The job vacancy rate in the third quarter was 2.2%, down from the previous quarter (2.7%) and Q3 2021 (2.4%), according to the Cyprus Statistical Service. The number of job vacancies in

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UK support for maritime industry

British High Commissioner Irfan Siddiq expressed his country’s readiness to deepen cooperation with Cyprus in the maritime and sustainable marine sectors. He visited the Cyprus Marine Maritime Institute on Wednesday because of

Threat of power cuts avoided

Electricity Authority of Cyprus (EAC) trade unions suspended strike action scheduled for Wednesday that would have caused power cuts after Labour Minister Kyriakos Kousios intervened. He arranged for unions to discuss grievances

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Is Fed playing with fire?

The Federal Reserve is likely to raise interest rates on Wednesday – despite Tuesday’s data showing a slowdown in inflation – and it could be “playing with fire” by doing so, warns

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US ready to help if disaster strikes

In case of a disaster, the United States stands ready to lend its support, resources, and expertise to Cyprus, US Ambassador Judith Garber assured. During the emergency Disaster Equipment handover at Larnaca’s