Seven out of ten Cypriots prefer to keep up to date with what’s going on in the world by going online, despite detecting a high percentage of fake news being spread by sites and social media. A survey carried out on behalf of the Union of Cyprus Journalists (ESK), found that 68% of those asked
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By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks were mixed on Thursday as investors evaluated the likely impact of surging energy prices and weak economic data from China. Despite the lingering caution, easing concerns revolving around the China Evergrande situation soothed some jitters. European stocks have opened on a positive note, while US
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Cyprus reported no coronavirus deaths for the third day in a row and the ninth time this month on Wednesday, with the number of new cases slightly up at 123 and hospitalisations edging lower to 81. The health ministry said in its daily Covid bulletin that the death toll remained unchanged at 552, keeping the
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Cyta held on to the throne of Cyprus mobile telecoms, leaving the runners-up content with second place and a steady revenue stream, with lower overheads than the state-owned telco. Despite Cyta suffering from a receding market share, the regulator OCECPR’s data for June shows that of the 1,295,909 mobile users in the country in June
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State doctors in Cyprus are confident that they will not have to step up measures, following a three-hour work stoppage on Wednesday, as the Health Ministry has exhibited good will towards their demands, union PASYKI said. PASYKI’s spokesperson Dr Lambros Samartzis told the Financial Mirror that union members and doctors in the civil servants’ union
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The decentralised finance market, or DeFi, enjoyed an impressive growth between January and May this year, then plunged by 35% in just a few weeks and recovered again, reaching new record highs. According to data presented by MejoresApuestas.com, the DeFi market size soared by 335% year-over-year to around $85 bln this week, despite the 13%
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By Han Tan, Chief Market Analyst at Exinity Group Markets appear to be sobering up to the looming prospects of the Federal Reserve’s tapering as the market reassesses the Fed tightening cycle. Bond yields on the 10-year US Treasury have spiked back above the psychologically important 1.50% mark and are hovering around their highest levels
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The Health Ministry on Wednesday announced that it will not be administering booster shots to the over 80s for now, due to a vigorous interest from those aged over 83. Ministry spokesperson Margarita Kyriacou said that, heightened demand, combined with the fact that vaccinations are only being carried out at walk-in centres, has postponed plans
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By Charles Ellinas The global economy is still growing – driven by the more affluent parts of the world as they come out of the pandemic – even if at a touch more slowly now. Consumers still appear to be more than willing to spend in the face of rising inflation and continuing COVID-19 infections. An
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Cyprus reported no coronavirus deaths for the second day in a row and the eighth time this month on Tuesday, with the number of new cases slightly down and hospitalisations edging higher. The health ministry said in its daily Covid bulletin that the death toll remained unchanged at 552, keeping the September total at 40,
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