By Hussein Sayed, Chief Market Strategist at FXTM The rally in stocks led by the US has returned some indices close to their record highs reached before the Covid-19 outbreak. The Nasdaq
Cyprus’ Natural Gas Infrastructure Company (ETYFA) has issued notice to proceed with the international consortium awarded the contract to build an LNG Import Terminal, the island’s largest energy project. According to ETYFA’s
Foreign ministers of Greece, Cyprus and Jordan, have agreed, when conditions allow, to travel to Iraq to promote regional cooperation. Cyprus Foreign Minister Nikos Christodoulides participated in a teleconference with his counterparts
Cyprus experienced the hottest May on record as an extreme week-long heatwave gripped the island pushing temperatures to peak at 44.4° Celsius, the meteorology office data shows. As Cyprus prepared to exit
Unemployment in Cyprus increased to 8.9% (41,000 people) in April from 7.5% the month before as the economy felt the full effects of COVID-19 lockdown measures. The jobless rate was 8.5% among
Nicosia needs to embrace the challenges arising from the post-Covid19 ‘new normal’ and adapt to changes that will act as a catalyst to reform local government in Cyprus, a community-based initiative argues.
Cyprus has contained the coronavirus outbreak but the number of confirmed cases doubled on Wednesday to six from three the previous day, the Health Ministry announced. The six new cases of COVID-19 were identified
The value of United States trade in goods for both exports and imports with China has dropped by 45.12%. The dropped is largely attributed to the trade war between the United States
Cyprus general government debt spiked to 113% of GDP (€24.56 bln) in April, reflecting the borrowing spree the Finance Ministry mounted to mitigate the impact of the coronavirus outbreak. Cyprus’ debt bloated
Cyprus will go ahead next week in opening its airports, shopping malls and gyms but concerts and wedding receptions will have to wait until September. The Cabinet decided on Wednesday to launch
