World - Page 31

Explaining Erdogan’s ‘New Turkey’

Perhaps no question concerning the Middle East and Europe today has been more loudly voiced than “What is Turkey doing?”. And rightfully so, Turkey, once hailed by the international community as a role

20th October 2023

Comment/World

Powell more hawkish over Israel, oil, inflation fears?

Federal Reserve Chair Jerome Powell is expected to be extra hawkish in his key policy speech on Thursday amid growing concerns over surging oil prices, driven by the Israel-Hamas war, which could

19th October 2023

Markets/World

No ECB rate hikes expected at next meeting

No interest hikes are expected at the next European Central Bank Governing Council meeting, as the latest data suggest that ECB rates have reached a level that, if maintained, will contribute to

19th October 2023

Cyprus/Europe

Cyprus’ importance recognised at Cairo Summit

The invitation of Cyprus to the Emergency International Summit on Gaza to be held in Cairo on Saturday is proof of the recognition of the role it can play in the region,

19th October 2023

Cyprus/Middle East

Stocks fall on earnings, GBP weakens, oil higher

By Edward Moya US stocks are declining on soft earnings, rising rates, and as the risks grow for a potential widening of the Israel-Hamas conflict. Wednesday’s round of earnings from Morgan Stanley,

19th October 2023

Markets/World

UK thanks Cyprus for evacuation help

British Prime Minister Rishi Sunak has personally thanked President Nikos Christodoulides for offering Cyprus as a safe transfer hub for UK nationals evacuating Israel after the Hamas attacks. They spoke over the phone

19th October 2023

Cyprus/Middle East

Annual inflation rises, drops in EU

Annual inflation in Cyprus increased to 4.3% in September, up from 3.1% in August, bucking the downward trend in the wider EU. A year ago, Cyprus’ inflation rate was 9.0%, according to

19th October 2023

Cyprus/Europe

Palestinians urge Cyprus to condemn Israel for hospital strike

The State of Palestine Ambassador, Abdallah Attari, called on the government, political parties, and parliament to condemn the “ongoing massacre and ethnic cleansing” of Palestinians after the Gaza hospital strike. He stated

18th October 2023

Cyprus/Middle East

Oil to surge further if Biden fails to cool Israel-Hamas tensions

Oil prices will surge further, impacting the global economy and investors, if U.S. President Joe Biden fails to cool rising tensions in the Middle East during his visit to the region, warned

18th October 2023

Energy/Markets/World

Tether freezes addresses linked to illicit activity in Israel, Ukraine

Tether, the leading stablecoin company, has restated its commitment to collaborating closely with law enforcement authorities worldwide in order to address the issue of terrorism and conflict financed by cryptocurrencies, according to a

18th October 2023

Markets/World