Powell uses the ‘R-word’

By Jeffrey Halley   Federal Reserve Chairman Jerome Powell’s semi-annual testimony on Capitol Hill was the centre of attention overnight. Speaking to Congress on Wednesday, Powell finally dispensed with soft landings, describing them

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Don’t get too excited by bear rallies

By Craig Erlam European stock markets are falling heavily again on Wednesday, reminding us once more why we shouldn’t get excited by the bear-market rallies. There’s a desperation to add substance to

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Cyprus-Israel expand health cooperation

Cyprus and Israel seek to widen their health cooperation when dealing with emergencies and natural disasters, including organ transplantation and the COVID-19 pandemic. Health Minister Michalis Hadjipantela and his Israeli counterpart Nitzan

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EU leaders to warn Turkey over behaviour 

Draft conclusions of the upcoming European Council contain concerns expressed by the EU over Turkey’s tension-raising behaviour in the Aegean and East Med. These concerns were brought before Tuesday’s General Affairs Council

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Gone in 60 seconds

By Jeffrey Halley   ‘Gone in 60 Seconds’ was a 2000 movie with Nicholas Cage stealing 50 high-end cars in three days. It is actually a remake of my favourite 1974 version, where

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