EuroAsia Interconnector, the Israel-Cyprus-Greece electricity cable that gets underway this year, has secured nearly two thirds of the European Commission’s €1.037 bln funding for key energy infrastructure projects that will drive the EU’s
Activist Ilias Gkionis, claiming to have evidence implicating Cyprus in an alleged human trafficking ring active in Greece, has sent a 47-page document to police. A police official confirmed to the Financial
Corruption watchdog Transparency International says Cyprus has lapsed in its battle against sleaze, making little progress over a decade, despite recent measures ushered in by Parliament. In Transparency International’s Corruption Perceptions Index
The Federal Reserve’s expected move on Wednesday to raise interest rates is spooking investors into doing what they should be doing already: ensuring their portfolios are properly diversified – and this is
Cyprus could issue its first green or sustainability bond next year and aim to raise at least €500 mln, an official from the debt management agency told Reuters. Proposals for such a
By Tiffany Wilding, US Economist at PIMCO With inflation still well above target and the unemployment rate now below estimates for the long-run level of maximum, we expect the Federal Reserve to
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks flashed red Tuesday morning, alongside U.S futures after an explosively volatile session on Wall Street. Equity markets were flung on a chaotic
US Congress members Gus Bilirakis and Nicole Malliotakis have told Secretary of State Antony Blinken they vociferously object to Washington’s reversal of support for the Eastern Mediterranean gas pipeline. They oppose a
Stock markets will be mixed this week as investors brace for the crucial Fed meeting and rotate towards value stocks, according to the chief executive of a leading financial advisory and fintech.
By Hussein Sayed, Chief Market Strategist at Exinity Last week was painful for investors, especially those with portfolios heavily tilted towards tech stocks and speculative assets like cryptocurrencies. The S&P 500 declined
