US helps upgrade maritime security

The United States donated to Cyprus an underwater camera that upgrades the Port and Marine Police’s operational capabilities, especially in maritime security. Friday’s official handover ceremony of the submarine camera took place

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Central Bank downgrades GDP growth

The Central Bank of Cyprus (CBC) has downgraded its forecast for 2022 GDP economic growth by 0.9 percentage points due to the negative effects of the Ukraine war and the sanctions against

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Cyprus welcomes UNFICYP renewal

Foreign Minister Ioannis Kasoulides is satisfied with the UN Security Council resolution approving the six-month renewal of the UN Peacekeeping Force in Cyprus (UNFICYP) mandate but said the barbed wire remains. He

A debatable recession

By Craig Erlam It’s been quite the 24 hours in financial markets, one I feel many will be trying to work out for many weeks to come. The Fed on Wednesday raised

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