World - Page 243

Nicosia caught off-guard with Turkey’s Varosha gambit

Nicosia was caught off-guard as the authorities in the Turkish occupied north of the island announced they are to open part of Varosha, according to main opposition party AKEL. AKEL accuses the

7th October 2020

Cyprus/Europe

BEIRUT: Cyprus not asked to arrest Russian ship owner

Cyprus police have not received an international arrest warrant for the Russian owner of a vessel that contained a shipment of fertilizer behind Beirut’s massive port blast in August. Police spokesman, Christos

6th October 2020

Cyprus/Middle East

More M&As among GCC banks in wake of pandemic, low oil prices

Banks in the Gulf Cooperation Council (GCC) region will increase mergers and acquisitions because of the coronavirus crisis and prolonged low oil prices, Moody’s Investors Service said in a report Tuesday. “The

6th October 2020

Markets/World

Cyprus parliament supports Armenians of ‘Artsakh’

Cyprus’ parliament is expected to pass a unanimous resolution this week in support of the people of Nagorno Karabagh, also known as Artsakh, bombarded daily by Azerbaijan since late September. The death

5th October 2020

Cyprus/Europe

Brussels welcomes departure of drillship

Brussels on Monday welcomed the departure of Turkish drillship Yavuz from Cyprus’ exclusive economic zone hoping to see similar moves from Ankara, European Commission spokesman Peter Stano told CNA. Stano said at

5th October 2020

Energy/Europe

Trump’s Covid infection increases chance of fiscal stimulus

By Hussein Sayed, Chief Market Strategist at FXTM President Trump’s Covid-19 diagnosis caught markets by surprise on Friday and they sold off aggressively on the news, with the Dollar ticking higher against

5th October 2020

Markets/World

Turkey withdraws drillship from Cyprus waters

Nicosia heralded the withdrawal of Turkish drillship Yavuz from Cyprus waters as a positive step but said it would continue to monitor developments. The move comes after last week’s European Council which

5th October 2020

Energy/Europe

Energy transition credit risk to grow, national oil companies less prepared

Energy transition poses varying degrees of credit risk to the world’s largest national oil companies (NOCs), with many of the risks and opportunities ahead defined by the countries they operate in and

5th October 2020

Markets/World

Semiconductor stocks soar amid 5G evolution

Data presented by Stock Apps indicates that the five best performing semiconductor stocks have an ROI of 27.2%. The ROI is on a Year-to-Date basis. According to the data, Lattice Semiconductor Corporation

4th October 2020

International/Markets/World

Cyprus diplomacy must ‘be like water’

Cyprus went to the big boys’ party at the European Council calling the shots on Turkey before having to eat humble pie dressed as a victory after climbing off its high horse.

4th October 2020

Comment/Cyprus/Europe