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
By Han Tan, Chief Market Analyst at Exinity Group US futures and European equities edged lower while Asian stocks are mixed ahead of the keenly awaited release of Wednesday’s US inflation data.
Police said Wednesday they arrested a 27-year-old Pakistani man suspected of being an accomplice to an Azeri national who allegedly plotted an attack against Israeli businesspeople in Cyprus. The arrest of the
A powerful earthquake just off the Greek island of Crete on Tuesday, was felt in Cyprus some 600km away, according to the Geological Survey Department. The magnitude 6.3 quake with a shallow
