Josep Borrell, the EU’s foreign policy chief, issued a new statement on Varosha Tuesday which calls on Turkey to reverse its decision to open the fenced-off ghost town. “The EU expresses its
German Foreign Minister Heiko Maas visits Nicosia and Athens on Tuesday for talks as developments in the Eastern Mediterranean point to an escalation of tension. Maas arrives in Cyprus at noon where
EU Foreign Ministers Tuesday called for a reversal of the Varosha opening while voicing disappointment over Turkey rebooting its East Med energy search. The EU’s top diplomat Josep Borrell who chaired the
By Hussein Sayed, Chief Market Strategist at FXTM Last week was good for equity investors. The S&P 500 and Nasdaq Composite rallied 3.8% and 4.6%, respectively, with their best weekly performance since
Cyprus Foreign Minister Nikos Christodoulides will on Monday brief his EU counterparts about Turkey illegally opening fenced-off Varosha as well as sending a research vessel back to the eastern Mediterranean. Turkey has
The organised UK Cypriot community is mobilising its members following the UN Security Council statement instructing Turkey and the breakaway Turkish Cypriots to reverse a decision to open Varosha’s beachfront. In a
By Han Tan, Market Analyst at FXTM US and European equity futures are rising, although Asian stocks are mixed, as investors hold on to hope that the US economy will see another
The UK financial regulator’s Bitcoin crackdown underscores its misguided approach to cryptocurrencies – which are the future of money – the CEO of one of the leading independent financial advisory and fintech
A group of 25 prominent UK Cypriots have written to Foreign Secretary Dominic Raab condemning the unlawful opening of Varosha beachfront as the latest “irresponsible and inhumane” aggression by Turkey. They “strongly
Authorities in the Turkish occupied north of Cyprus opened part of fenced-off Varosha’s beachfront to visitors for the first time in 46 years, making good on its threat while Nicosia slammed the
