Israel has targeted August 1 for when it starts welcoming tourists from neighbouring Greece and Cyprus, Prime Minister Benjamin Netanyahu said on Tuesday. “We are looking now into reopening tourism, in which
Brussels is anxious over Turkey’s tension escalating activities in the Eastern Mediterranean, said the EU’s foreign policy chief Josep Borrell who will visit Nicosia to discuss the matter. He said Greece and
By Hussein Sayed, Chief Market Strategist at FXTM Risk assets are being sold off sharply early Monday following last week’s return of volatility. After dropping below 24 in the first week of
Cyprus President Nicos Anastasiades and Greece’s Prime Minister Kyriakos Mitsotakis have agreed to coordinate their strategy against Turkey’s illegal activity in the Eastern Mediterranean. Government spokesperson Kyriacos Koushos said that during a
By Han Tan, Market Analyst at FXTM Asian stocks on Friday extended the previous day’s declines, following the latest rout on Wall Street. The Dow Jones index saw prices sandwiched between its
Good leadership is important to overcome the COVID-19 pandemic, but US President Donald Trump has not provided it while Cyprus is a better example to follow, said renowned economist Jeffrey Sachs. In
Cyprus tourism received a set-back after health authorities demoted Israel from its low-risk country status, meaning Israelis are not exempt from coronavirus test rules, officials said. After assessing epidemiological data, Cypriot health
A Cypriot scientist is behind a new, simple to use, coronavirus lab-free test which returns results in just over an hour, hailed as a valuable tool in the UK’s battle against the
By Hussein Sayed, Chief Market Strategist at FXTM For the past several weeks, we have been arguing that the performance of risk assets are in total disconnect with economic and corporate fundamentals.
Europe’s human trafficking watchdog has voiced concern over Cyprus’ failure to grant free legal aid and expertise to victims during criminal proceedings. In its third evaluation on Cyprus, the Council of Europe’s