Powell uses the ‘R-word’

By Jeffrey Halley   Federal Reserve Chairman Jerome Powell’s semi-annual testimony on Capitol Hill was the centre of attention overnight. Speaking to Congress on Wednesday, Powell finally dispensed with soft landings, describing them

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Don’t get too excited by bear rallies

By Craig Erlam European stock markets are falling heavily again on Wednesday, reminding us once more why we shouldn’t get excited by the bear-market rallies. There’s a desperation to add substance to

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Cyprus-Israel expand health cooperation

Cyprus and Israel seek to widen their health cooperation when dealing with emergencies and natural disasters, including organ transplantation and the COVID-19 pandemic. Health Minister Michalis Hadjipantela and his Israeli counterpart Nitzan

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Ayia Napa Marina is a tourism jewel

Ayia Napa Marina is a jewel of the Mediterranean and offers a solution to seasonal tourism in Cyprus, said President Nicos Anastasiades at the inauguration event. “An iconic project visualised since 1993

EU leaders to warn Turkey over behaviour 

Draft conclusions of the upcoming European Council contain concerns expressed by the EU over Turkey’s tension-raising behaviour in the Aegean and East Med. These concerns were brought before Tuesday’s General Affairs Council

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