A debatable recession

By Craig Erlam It’s been quite the 24 hours in financial markets, one I feel many will be trying to work out for many weeks to come. The Fed on Wednesday raised

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Birmingham Commonwealth Games begin

The official opening of the Birmingham 2022 Commonwealth Games begins on Thursday with over 5,000 athletes from 71 countries, including Cyprus. After the Olympics, it is the second most important Games on

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Powell sparks ‘buy everything’ rally

By Jeffrey Halley         You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,

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Cyprus, Lithuania eye health cooperation

Health Ministers of Cyprus and Lithuania said they want to establish a closer working partnership by drafting a Memorandum of Cooperation. Cypriot Health Minister Michalis Hadjipantela and Lithuanian counterpart Arūnas Dulkys have

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We’re here, finally

By Jeffrey Halley         After what seems like an interminable wait, we are finally at FOMC day. Markets have baked another 75 basis points into their loaves of bread, but it’s going to

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