By Moody’s Analytics The June U.S. consumer price index has financial markets increasing their bets on a 100-basis point rate hike at the upcoming meeting of the Federal Open Market Committee. The
Parliament passed a bill that sets clearer rules for maritime courses, clarifies the calculation and proof of seafarers’ service at sea and regulates the revalidation of the certificates of captains of coastal
The European Commission has praised the Cypriot economy for exceeding expectations during the year’s first quarter while also delivering bad news regarding high inflation. “The Cypriot economy surprised on the upside in
Wedding and christening organisers are squeezed following the COVID lockdowns, which had bitten a large chunk out of their turnovers and are now hit by inflation pushing costs skyward. According to the
A 43-year-old Greek Cypriot man caught on video assaulting a Congolese woman holding her 11-month-old baby was remanded in police custody for four days on Friday. The man was detained in connection
The Western Balkan route saw the most significant increase in detections of migrants and asylum seekers during the first six months, according to data from EU border agency Frontex. In the first
Cyprus reported seven deaths in its weekly Covid bulletin on Friday, as new cases rose marginally to 14,914 during the past seven days, double from mid-June, with hospitalisations breaking the 100-barrier to
Finance Minister Constantinos Petrides expressed the government’s disappointment at parliament’s decision to freeze property foreclosures until the end of October, despite repeated warnings. On Thursday, MPs amended laws governing the transfer and
The US House voted to allow President Joe Biden to sell Turkey upgraded F-16 jets — if Ankara pledges, they will not be used against Greece. Lawmakers, by a margin of 244-179,
Cyprus’ COVID second booster uptake is still very low, as only 14.9% of people over 60 have taken one, as experts advise the rollout of a fourth shot. Only 4.2% of the
