Cyprus has transferred 48 asylum seekers to Germany under a voluntary pilot scheme that will eventually see 500 relocated to help authorities cope with a surge in irregular migrants, officials said. The
Almost everyone in Cyprus is cringing at the idea that any day now, a Cypriot link to the Qatargate will surface, either in the form of a shell-company smokescreen to take the
Fifa President Gianni Infantino boldly claimed this week the 2022 Qatar World Cup had been the best ever, with excitement running through the duration of this tournament. And football’s ruling body is
The Turkish Lira dived against the dollar this week as the Turkish state took control following the conviction of Istanbul’s Mayor, the biggest threat to President Recep Tayyip Erdogan’s 2023 re-election. The
By Craig Erlam Stock markets are going into the festive period in a downbeat mood, as central banks this week reaffirmed their commitment to raising rates. The prospect of a Santa rally
Fears that the Bank of England is driving the UK economy into a deep recession are growing, despite the central bank voting in favour of a more moderate 0.5 percentage point interest
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares flashed red on Thursday, tracking declines in Wall Street overnight after the Federal Reserve signalled interest rates will climb higher than anticipated.
European Union citizens remain steadfast in confirming the EU’s backing for Ukraine after Russia’s invasion, with 74% approving of this support except in Cyprus. According to the European Parliament’s Autumn 2022 Eurobarometer
By Craig Erlam Equity markets are paring gains ahead of the Federal Reserve announcement on Wednesday, perhaps a little caution ahead of the final decision of the year. The announcement, forecasts, and
Cyprus’s securities regulator plans to extend the suspension of the licence of disgraced FTX EU and will meet to discuss the matter next week, a spokesperson said. “CySEC is taking all the
