By Jeffrey Halley This month has dragged on and seems to be lasting forever, with the US FOMC policy meeting falling at the end of the month, instead of its usual mid-month slot. But as the last week of July arrives, so does the FOMC policy meeting, with the results due out late Wednesday evening.
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Since last year when the new directors of CySEC took office, there has been no pause from foreign and domestic entities to receive a licence to offer financial services through Cyprus’ jurisdiction across European and global markets. Lucrative market opportunities and the island’s technological and social progress are the main reasons for getting so much
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Cyprus is expected to receive 1,400 vaccines for monkeypox this week, with healthcare workers the first to be vaccinated, a health ministry official said on Sunday. The World Health Organisation declared the outbreak a Public Health Emergency of International Concern (PHEIC) on Saturday with more than 16,000 reported cases in 75 countries and territories. No cases have been
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Not sure why the Presidential Elections are garnering so much interest at a time when the planet is overheating, and Europe sizzled under the hottest temperatures in recorded history. Climate change is a reality we can feel during intensified summers when the daytime thermometer barely drops below 39 degrees Celsius. The Mediterranean is scorching hot
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A non-profit organisation of IT professionals wants to improve computer literacy to bridge the lack of talent, posing the biggest challenge the country faces on its path to becoming a regional tech hub. The Cyprus Computer Society made up of IT professionals and computer scientists, created in 1984, has been working to close the digital
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Sadly, discussing a minimum wage or collective labour agreement is only hotly contested as a political tool, leveraged when we have elections. The late Zeta Emilianidou tried throughout her nine years in office to narrow the differences on setting a real and fair minimum wage as best as she could often accused by both camps
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The summer holiday season is in full swing, and I thought of side-tracking a bit, following the season’s most popular sport – eating out. This sector is indirectly related to real estate matters as it helps towards a locality’s attraction and by projection the conformity of living in an area. I’ve had the opportunity to
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As Europe’s airports struggle with mass staff shortages as the travel sector faces a ‘summer of discontent’, Cyprus has escaped the crisis with fewer scheduled flights cancelled or delayed. A difficult environment for airlines, in general, is forming, which threatens to hinder attempts to increase Cyprus’ air connectivity, as fuel price increases have been added
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Despite the government declaring a ‘historic deal’ with cheesemakers and farmers over how halloumi should be made, the saga has a few more twists and turns. It was a landmark for Cyprus’ traditional cheese after Agriculture Minister Costas Kadis confirmed that stakeholders reached a win-win agreement over how halloumi is made. However, cheesemakers and cow
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Labour Minister Kyriacos Koushos failed to get social partners to agree on a national minimum wage scheme on Friday, despite keeping employers and union bosses locked up in his office throughout the afternoon. Sources close to the talks said a wide divergence remained between the employers’ federation OEB and the Chamber of Commerce and Industry
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