Turkish Cypriots are being crushed under the weight of a collapsing Turkish Lira, as it continues to lose ground falling to an all-time low on Wednesday, with the Euro being traded at
Sixteen applicants seeking international protection were flown from Cyprus to Finland under an EU relocation mechanism to offer women and unaccompanied minors safe refuge. They belong to vulnerable groups, as defined by
Moody’s Investors Service has downgraded the Government of Lebanon’s issuer rating from Ca to C, without any outlook to the rating, as losses for bondholders now exceed 65%. According to the rating
By Hussein Sayed, Chief Market Strategist at FXTM Unlike the typical start of a trading week, Monday has kicked off with big market moves. Following six days of steep gains, Gold has
Turkey and its modern-day Ottoman-style ruler Recep Tayyip Erdogan is holding a steady course on its path towards reviving an expansionist plan to reinstate the glory days of a one-time empire. There’s
Even after weeks of increased tension in the East Mediterranean and Libya, caused by continuing Turkish provocations or outright military involvement (Libya), threats (Greece, Cyprus), Brussels has shown its weakness. Again, it
By Han Tan, Market Analyst at FXTM Asian markets and US stock futures are taking a hit, following China’s tit-for-tat decision to order the US consulate in Chengdu to close. This follows
EU foreign policy chief Josep Borrell in a telephone conversation with Turkish Foreign Minister Mevlut Cavusoglu agreed on the need to de-escalate tensions in the Eastern Mediterranean and will revisit the matter
By Hussein Sayed, Chief Market Strategist at FXTM Tensions between the world’s two largest economies are on the rise. After ordering the shutdown of China’s consulate in Houston and claiming two Chinese
French President Emmanuel Macron on Thursday denounced Turkey’s violation and threats against the sovereignty of Greece and Cyprus, as tensions mount in the East Med region. Macron expressed his country’s solidarity with
