Celebrating the 246th anniversary of US Independence, President Nicos Anastasiades expressed determination and commitment to continue working closely with Washington to explore new areas of cooperation. At Tuesday’s US embassy independence event,
Cyprus’ Met Office issued its first yellow weather alert for extremely heat this summer, as maximum temperatures are expected to hit 40°C. Heatwave conditions arrive as many parts of Europe, including the
By Jeffrey Halley Wednesday is shaping up to be a stormy day for markets, with plenty of chances to get dumped and held under the waves for a while. We have already
By Craig Erlam Another day of significant unease in financial markets as investors nervously await US inflation data and the start of earnings season. The economic calendar goes up a couple of
Cyprus’ older buildings must undergo immediate inspection, while authorities should introduce mechanisms to prevent incidents like the collapse of two balconies in Paphos from happening again. The Scientific and Technical Chamber of
The Cyprus Electricity Authority’s pricing plans are ready to be approved by the Energy Regulator, with households expected to pay 25% more on their bills. EAC spokesperson Christina Papadopoulou told CNA on
The European Union’s monetary authority has raised the alarm over the performance of Cypriot banks, as the island’s banking system lags behind all other eurozone states. The Single Supervisory Mechanism (SSM), in
Cypriot women seeking to terminate a pregnancy are being turned away by doctors, claiming that abortion is illegal, despite it being fully legalised in 2018 when the law was amended. Under Cyprus
Cypriot consumers are becoming increasingly conservative in their shopping habits, chasing discounts while opting for cheaper products, say retailers. The change in consumer psychology comes amid the highest wave of inflation in
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were a sea of red on Tuesday as recession fears and China’s renewed Covid-19 outbreak smothered appetite for risk. Overnight, Wall Street’s
