A choppy start

By Craig Erlam It’s been quite a choppy start to the trading week, with much of the focus on China where Covid relaxation measures and property market support have brought some relief.

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Forest fires hit record low

Areas affected by forest fires were at a historic low in 2022, the Forestry Department said in its annual assessment. According to the data, the state forest area burned was the smallest since

Cyprus says migrant burden too much

Cyprus and three other EU Mediterranean ‘frontline states’ issued a joint statement on a dispute over a deal for Europe to jointly help asylum-seekers. Over the weekend, Italy, Greece, Malta and Cyprus

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Higher education must widen horizons

The University of Cyprus Rector Tasos Christofides was re-elected this week, unopposed, to a second four-year term and laid his next priority to elevate the state institution to an international level. This

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US facing energy crunch

A new note from research consultancy Energy Aspects cautioned that US crude oil output from shale basins could peak in 2024. The note referenced five crude oil producers in the US considering

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Freeze on foreclosures ‘threat to recovery’

Finance Minister Constantinos Petrides will ask President Nicos Anastasiades to return the House’s decision to extend a foreclosure freeze, arguing that Cyprus’s credibility among foreign investors and creditors will be shaken. “Unfortunately,

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Cyprus still accepting Ukraine refugees

Ukrainians fleeing the Russian invasion that received temporary protection status in the European Union fell in 18 of 25 Member States but not Cyprus. Cyprus had the third largest increase during September,

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Three guards arrested in prison murder

Three prison guards were arrested concerning the murder of 41-year-old Turkish Cypriot Tansu Cidan, who was brutally beaten to death in Nicosia Central Prisons on 27 October. Reports suggest the arrests came