Television remains the main news source in Cyprus, with online platforms and social media following, at higher percentages than the EU average, according to a flash Eurobarometer. When asked which media they have used more in the past seven days to get informed about the news, 63% of respondents in Cyprus chose TV (75% in
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Thousands of Cypriot households are on the verge of falling into energy poverty as they cannot pay their rising electricity bills, leaving them in the dark as the supply is cut off. According to data presented by Energy Minister Natasa Pilides before MPs, in the first six months, some 5,200 households were left without electricity
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The European Centre for Disease Prevention and Control (ECDC) and the European Medicines Agency (EMA) recommend that people aged 60 to 79 get a second COVID-19 booster jab. According to the EU agencies, amid increasing rates of Covid-19 and hospital admissions, countries should consider an early second booster roll-out for protecting people over 60. Cyprus already offers
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By Han Tan, Chief Market Analyst at Exinity Group Markets are on tenterhooks ahead of the US inflation data later Wednesday which will hold great sway over the Fed’s rate-hike plans. Fed Funds futures currently show that markets have almost fully priced in a 75-basis point hike by the FOMC later this month, with another
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Celebrating the 246th anniversary of US Independence, President Nicos Anastasiades expressed determination and commitment to continue working closely with Washington to explore new areas of cooperation. At Tuesday’s US embassy independence event, President Anastasiades gave his “sincere appreciation for the excellent and growing partnership we have established these past years…and the shared vision to further
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Cyprus’ Met Office issued its first yellow weather alert for extremely heat this summer, as maximum temperatures are expected to hit 40°C. Heatwave conditions arrive as many parts of Europe, including the UK, are sweltering under extremely hot weather. Issuing the alert for Wednesday, the Met Office warned that health risks would increase for vulnerable
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By Jeffrey Halley Wednesday is shaping up to be a stormy day for markets, with plenty of chances to get dumped and held under the waves for a while. We have already had two central banks in Asia raise policy rates in the morning, with the Bank of Korea and Reserve Bank of New Zealand
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The path to Sustainable Development through implementing the 17 Sustainable Development Goals of the United Nations 2030 Agenda (SDGs) is a reality, impacting society and business development. Two sectors particularly affected by this new order of things are the interlinked Real Estate and Construction sectors. The World Green Building Council estimates that buildings and structures
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By Craig Erlam Another day of significant unease in financial markets as investors nervously await US inflation data and the start of earnings season. The economic calendar goes up a couple of gears on Wednesday, with RBNZ and BoC rate decisions bookending the US inflation data. Fifty basis point rate hikes are now the norm
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Cyprus’ older buildings must undergo immediate inspection, while authorities should introduce mechanisms to prevent incidents like the collapse of two balconies in Paphos from happening again. The Scientific and Technical Chamber of Cyprus (ETEK) said it again urges authorities to assess ageing buildings, many of which pose a hazard as they require maintenance. ETEK, the
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