By Han Tan, Chief Market Analyst at Exinity Group Oil prices could be in for some volatility should there be any surprises out of Wednesday’s OPEC+ meeting, the latest EIA data or the assessment of Hurricane Ida’s impact on US output. Although OPEC+ is widely expected to press ahead with its intended output increase of
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Pope Francis will visit Cyprus in December, making him the second Roman Catholic pontiff to ever travel to the eastern Mediterranean island, a Cypriot official said. The official said the pontiff’s two-day visit would take place December 2-3, when he will hold talks with Cypriot President Nicos Anastasiades. Little else is known about the pope’s
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Over a third of teenagers aged 16 to 17 and 20% of children aged 12 to 15 have received at least one dose of a COVID-19 vaccine, ahead of schools opening next week. Health authorities have made vaccinating school students a priority in their drive to bring the coronavirus outbreak under control. Recent data has
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A Cyprus study suggests that vaccinating against COVID-19 produces significantly higher levels of antibodies than natural infection immunity. Researchers took samples from 591 people who did not fall ill and did not vaccinate, people who contracted the virus and did not get vaccinated, those vaccinated and did not get ill, and people who fell ill
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Robert Menendez, chairman of the powerful Foreign Relations Committee in the US Senate, said the United States now stands “on the right side of history” after Congress passed a resolution on April 24 recognising the genocide of the Armenians at the hands of the Ottoman Turks. Recipient of the Grand Cross of the Order of
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Large companies and high-net-worth individuals who purchase houses and apartments to resell or rent them to third parties currently make up 20% of all property buyers in the US. This trend has been progressing upward for the last two years, as people with the necessary financial resources buy properties intending to rent them back to
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August ended with a record 80 coronavirus deaths in Cyprus, with hospitalisations and new daily infections dropping to 138 and 287, respectively. The health ministry said in its Covid bulletin on Tuesday that a 59 year old woman and an 84 year old man were the latest victims of the pandemic, raising the death toll
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The European Commission said Tuesday; the 27-member bloc has reached a crucial milestone with 70% of the adult population now fully vaccinated. Over 256 million adults in the EU have now received a full vaccine course. Cyprus is above the EU average, with 78.2% of the adult population receiving at least one dose of a
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An oil slick from a Syrian power plant, heading towards the Karpas peninsula on the island’s Turkish occupied northern tip, is not expected to cause serious environmental damage to Cyprus, Agriculture Minister Costas Kadis said on Tuesday. In comments to the Cyprus News Agency, Kadis said an oil recovery vessel has been made available to
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Nicosia District Court on Tuesday rejected the defence arguments of a man accused of violating lockdown to attend church last year, challenging the legality of COVID-19 measures. The man, eventually fined €1,000, based his case on arguments that the Health Ministry’s lockdown decrees were unconstitutional and invalid. He had initially refused to pay a fine
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