Energy crisis long afterburn

Europe’s energy crisis will not just be for this winter. Europe is expected to face similar problems next winter and probably beyond, driven by tight global gas supply and increasing competition for

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A busy end to the week

By Craig Erlam Stock markets are bouncing back on Friday, although no one is getting excited by the moves which pale in comparison to the preceding losses. This looks like nothing more

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Turkey to bolster occupation troops

Turkish President Tayyip Erdogan warned that Turkey would reinforce its military presence in the occupied north after the United States lifted its arms embargo on Cyprus. In a televised interview with broadcaster

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Tourism recovery across Europe

The EU tourism industry has rebounded from the COVID-19 pandemic strongly, with data for 2022 approaching 2019 levels, according to Eurostat. The total number of nights spent in tourist accommodation in the

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Cyprus wary of harsher Russia sanctions

Cyprus is expected to join Hungary and Malta in opposing tougher European Union sanctions on Russia over its invasion of Ukraine, reported the Financial Times. The bloc has already issued seven sanction

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No letting up

By Craig Erlam We’re in for another day of risk-off trade, with parts of Asia recording heavy losses and Europe opening on the backfoot. Fear of tightening-induced recessions has wiped out the

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