By Dr Charles Ellinas The East Med is in a period of increasing turmoil. On the one hand, Turkey with its aggressive and intimidating actions, and on the other, the constant references to gas exports to international markets with the promise of huge profits, fuel extreme anxiety and expectations. The recent agreement between Turkey and
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In a democracy dear reader, one has to use due process and procedures and the ballot box to get things done. One would have hoped that with so many processes and procedures our House of Representatives would have had better governance. What is most worrying is the small politics which prevail, the under-the-table dealings, the
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By Dr Fanos Tekelas The tourism sector has seen a substantial increase during the last 3 years as a result of the adequate strategic actions taken by policymakers and the Deputy-Ministry of Tourism. However, the sector will experience the impact from several politico-economic factors such as Brexit which will affect the UK market. Hence, new
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By Hussein Sayed, Chief Market Strategist at FXTM Considering our base case scenario of moderate global growth in the first half of 2020, the US Dollar is not likely to be in favour with many investors. For the Dollar to retain its uptrend, either the US economy strongly outperforms or the global economy weakens
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After a long wait, the ambitious EastMed pipeline, aimed at pumping natural gas from the region’s recently discovered reservoirs, is taking shape with three leaders of the four partner states signing the interstate agreement to build the pipeline from Israel to Cyprus via Greece to Italy. This pipeline will be an alternative to the Russian-dominated
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By Lukman Otunuga, Senior Research Analyst at FXTM It’s been more than three and a half years since the United Kingdom voted to leave the European Union and the country is finally on track to achieving Brexit by the end of January 2020. A landslide Conservative win in the general election on December 12 paved
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Almost eight out of ten millennials now prioritise socially responsible and impactful investing, according to a new worldwide survey. Some 77% of millennials – people who were born in the time period ranging from the early 1980s to the mid-1990s and early 2000s – cite environmental, social and governance (ESG) investing as their top priority
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Cyprus is now tainted as a holiday destination that is unsafe for young women to travel following the furore surrounding the conviction of a 19-year-old British woman for falsely claiming she was raped in Ayia Napa. Such negative publicity undoes all the hard work the authorities have put into branding the holiday island as a
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By Michael Antoniou The Cyprus Employers & Industrialists Federation (OEB) believes that 2019, a tough year for the Cyprus economy overall and without disregarding several positive developments, draws to an end with serious challenges that have to be addressed in the new year. More specifically, in 2019 we contained unemployment to a significantly low 6.6%,
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By Hussein Sayed, Chief Market Strategist at FXTM 2019 has certainly been a year to remember in financial markets. Geopolitical issues have been at the centre of news headlines, dominated by the US-China trade dispute, threats of a hard Brexit and demonstrations across many countries. Fears of a global recession escalated when the US
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