BoE facing tough decisions

By Craig Erlam Equity markets seem mildly positive in early trade on Tuesday, adding to modest gains at the start of the week. While the rally is perhaps slowing a little after

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Cyprus-UK ties ‘stronger than ever’

Recently-elected British Prime Minister Rishi Sunak said Cyprus-UK relations are stronger than ever. The Prime Minister sent a reply letter to President Nicos Anastasiades, according to a statement issued on Monday by

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Chinese scammer caught at Larnaca airport

Cyprus police have arrested a Chinese man wanted for multimillion-euro financial fraud in his home country while he was attempting to leave the island at Larnaca Airport. Police announced the 49-year-old man

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A choppy start

By Craig Erlam It’s been quite a choppy start to the trading week, with much of the focus on China where Covid relaxation measures and property market support have brought some relief.

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Cyprus says migrant burden too much

Cyprus and three other EU Mediterranean ‘frontline states’ issued a joint statement on a dispute over a deal for Europe to jointly help asylum-seekers. Over the weekend, Italy, Greece, Malta and Cyprus

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What happened to the Metaverse?

We are relentlessly told that the future is digital, and if we don’t upskill to compete online, we will die with the dinosaurs. Global tech firms were taking over the world, making

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Cyprus still accepting Ukraine refugees

Ukrainians fleeing the Russian invasion that received temporary protection status in the European Union fell in 18 of 25 Member States but not Cyprus. Cyprus had the third largest increase during September,

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Hope fades ahead of CPI data

By Craig Erlam We’re seeing some risk aversion in markets on Thursday as we await inflation data from the US later in the week. It probably won’t come as a surprise to

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Anastasiades honoured by Israel

President Nicos Anastasiades was decorated with Israel’s Presidential Medal of Honour for being a “true friend” during a special ceremony in Jerusalem. The President of Israel, Isaac Herzog, decorated him. Anastasiades was awarded

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