A Cypriot on one of two Greek tankers seized by the Iranian Revolutionary Guard in the Gulf is in good health, the Foreign Ministry said as efforts to end the hostage-taking continue.
By Jeffrey Halley Asian markets are mostly positive Monday morning as Shanghai announced a raft of stimulus measures and both Shanghai and Beijing eased Covid-19 restrictions. The devil is in the detail
With more guns in America than people and ineffective gun laws in a country where it’s harder to get a drink than an automatic weapon, nobody believes the Texas school massacre will
Cyprus and Israel will conduct their largest joint military exercise within Cypriot territory on Sunday, stirring Turkey’s reaction. The exercise will take place in the presence of Israeli Defence Minister Benny Gantz,
Cyprus saw an annual jump of 636% in first-time asylum seekers in February compared to an average increase of 85% in the EU, according to Eurostat data. In Cyprus, 1805 new asylum
The current stock market downturn is close to the bottom, predicts the CEO and founder of a leading financial advisory, and said that investors should position their portfolios for a rally. The
Moody’s has lowered global growth projections for 2022 and 2023 as Russia’s invasion of Ukraine and pandemic lockdowns in China add to supply shocks and stoke inflation. Advanced economies will expand 2.6%
By Jeffrey Halley The FOMC Minutes, released overnight, settled a few nerves, temporarily signalling another couple of 50bps rate hikes in June and July before a pause in September. The dreaded 75bps
Ukrainian authorities have informed Cyprus about their seizure of $420 mln worth of shares and securities linked to the island, which belong to a Russian billionaire and other business people, a Cypriot
By Jeffrey Halley The Reserve Bank of New Zealand raised policy rates by 0.50% to 2.0% Wednesday morning, with Governor Orr setting a hawkish tone in the press conference afterwards. In the
