Signs of life in U.S. homebuilding

By Moody’s Analytics   U.S. homebuilding has found a floor following an almost year-long slide in building activity. Total housing starts ticked higher in April, climbing 2.2% to 1.4 million annualized units. Multifamily

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Has Cyprus become a bad joke?

Not a week goes by without a new revelation about unethical appointments in the government machine, mostly to reward dedicated individuals who worked hard for President Christodoulides’ election. This is not a

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CoLA not the answer to beating inflation

Adjusting wages to meet inflation with automatic mechanisms such as the Cost-of-Living Allowance will not solve the real problem of income inequality with low-earners not seeing their earnings improve for a decade,

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Unpaid cost of blocking public projects

Apart from the unforgivable bureaucracy in this country, there have been problems in recent years in the execution of public tenders for infrastructure and other state projects. Each government tries to promote

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President accepts mistakes in consultant hirings

President Nikos Christodoulides on Friday acknowledged errors in the hiring process of government consultants following a public outcry over recent appointments of seemingly unqualified persons. Addressing the appointment of people who do

Large-scale Argonaut exercise ends

The multinational civil-military cooperation exercise “ARGONAUT 2023” occurred in the Republic’s maritime, air and land area and was successfully completed Friday. The exercise was conducted by the Defence Ministry in cooperation with