By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were up Tuesday morning, drawing strength from the tech-driven Wall Street rally overnight. It seems like solid corporate earnings have soothed concerns
Foreign Ministers want an options paper drafted outlining possible ways for Brussels to respond to Turkey if it does not back down over opening up Varosha, said the EU’s top diplomat Josep
The Eastern Mediterranean region can be transformed into a zone of stability, but Turkey is upsetting the balance of power in the region, said Cyprus Defence Minister Charalambos Petrides. He was addressing
Turkey’s lira started the week at an all-time low against the dollar and the euro, with uncertainty looming over further interest rate cuts, as President Recep Tayyip Erdogan dismisses three central bank
Energy cooperation, regional developments involving Turkey and a review of the trilateral alliance Cyprus-Greece-Egypt takes place on Tuesday during a summit of the three countries in Athens. President Nicos Anastasiades, Greek Prime
Cyprus and Egypt signed a bilateral agreement on electricity interconnection in Nicosia on Saturday that paves the way for the €2.5 bln EuroAfrica Interconnector to move ahead with final feasibility studies, permits
The situation in fenced-off Varosha and developments in the Eastern Mediterranean will be on the agenda of Monday’s EU Foreign Affairs Council in Luxembourg, a European official confirmed. The official said the
By Lukman Otunuga, Senior Research Analyst at FXTM Markets in Asia were higher on Thursday, tracking the positive overnight cues from Wall Street as investors evaluated the U.S inflation data and latest
Regional cooperation is the key to mitigating climate crisis impacts, as temperatures in the Eastern Mediterranean and the Middle East rise faster than anywhere else. This was the view of keynote speakers
President Nicos Anastasiades has asked German Chancellor Angela Merkel to pressure Turkey to help resume Cyprus talks and terminate Ankara’s illegal activities against Nicosia. According to a press release issued by the