Blog - Page 4790

Turkey gives USD 137,000 to missing persons committee

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Turkey has contributed USD 137,000 towards the building of the proposed Anthropology Laboratory in the buffer zone in Nicosia to aid the Committee on Missing Persons. Turkey’s representative in northern Cyprus Aydan Karahan handed the donation cheques to Turkish Cypriot leader Mehmet Ali Talat in a ceremony last Wednesday. “This humanitarian issue should not be

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List of Cyprus technical talk issues to be submitted today

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The Greek Cypriot and Turkish Cypriot communities in Cyprus are due today to submit the list of issues to be discussed at the meetings of technical committees, which will deal with preparing the ground for talks on the Cyprus problem. On July 8 Cypriot President Tassos Papadopoulos and Turkish Cypriot leader Mehmet Ali Talat, met

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Selling USD is attractive, says UBS

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UBS AG in their latest investment report say that they maintain their negative view of the outlook for USD over three and six months on the expectation that US growth is weakening and the Fed will therefore not raise the key US interest rates any further. Recent developments in the USA have confirmed expectations in

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Fed speak to affect dollar

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Today sees the release of the Chicago PMI but the key focus will be on speeches by Fed’s Poole and Yellen. Yellen is known to be more of a dove but if the generally more hawkish Poole comes over as less hawkish, then expect the US yield curve to steepen further, allowing the dollar to

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EU to help Lebanon cope with major oil spill

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Lebanon has requested urgent help from the EU’s civil protection mechanism to contain environmental damage caused by a major oil spill off the coast of Lebanon. The Ministry of Environment of the Republic of Lebanon has asked for assistance from the European Commission’s Monitoring and Information Centre (MIC) to mobilise the help of EU Member

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Lloyds TSB to set up branch in Cyprus

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Lloyds TSB Offshore Limited” of Jersey has received a licence from the Central Bank of Cyprus to set up a branch here to carry on banking business in Cyprus, effective July 31, 2006 according to a Central Bank announcement. Lloyds TSB was established in Jersey in 1969, and has changed its name to “Lloyds TSB

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