By Moody’s Analytics President Biden and House Speaker Kevin McCarthy announced over the Memorial Day Weekend an agreement in principle to limit federal spending and suspend the debt limit. The House of
By Edward Moya A red-hot labour market remains and that should keep the pressure on the Fed, which will also delay second half of the year recession calls. The May jobs report
By Craig Erlam A debt ceiling fiasco was averted late in the day and markets are ending the week on a positive note, as traders turn their attention to the US jobs
The freedom of assembly is a constitutionally safeguarded right, meaning it would be difficult for authorities to prevent any pro-Russia events as requested by the Ukraine-Cyprus friendship group. But restrictions could be
Cyprus, Greece and Jordan have signed a Trilateral Defence Cooperation Programme during a ceremony held at the National Guard General Staff in Nicosia. A National Guard statement said the Programme provides for
By Han Tan, Chief Market Analyst at Exinity Group Stock markets are finding some relief after the US debt limit deal was approved by the House, with the Senate’s vote now set
Last year, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to Eurostat data. The unemployment rate among the young was
The offshore Aphrodite natural gas field developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the
Cyprus has the third highest percentage in Europe of young people who have had a tertiary education, and it’s way above the EU average, according to Eurostat. In 2022, 42% of the EU population
During a discussion on negotiations towards an EU-Australia Free Trade Agreement, Agriculture Minister Petros Xenophontos argued that halloumi should be exported to the country duty-free. He participated in the EU Agriculture and
