Cyprus’ Foreign Ministry has launched a new online platform “connect2cy” where Cypriots abroad can register through the website www.connect2cy.gov.cy during the coronavirus crisis. It has urged every Cypriot who is abroad to
Due to the rapid spread of coronavirus in Cyprus, the government has decided to decongest Nicosia’s Central Prison facilities by relaxing criteria for early release and adopting electronic monitoring at home. President
By Lukman Otunuga, Senior Research Analyst at FXTM It has been an historic and volatile trading quarter defined by the novel coronavirus outbreak, with unprecedented central bank intervention, government action, global recession
Cyprus announced 16 new cases of COVID-19 on Monday making it 230 in total and the death of a 77-year-old man puts the death toll at seven. The Health Ministry announced the
Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72% in a week, according to data compiled by deVere Group, one of the world’s largest
By Mona Sukkarieh The coronavirus pandemic has rattled global oil markets in unprecedented ways. First, the failure of OPEC+ to agree on a collective response to the crisis early March drove a
By Hussein Sayed, Chief Market Strategist at FXTM This week has kicked off with a new precedent. It isn’t the volatile performance of stocks, bonds, or currencies that are grabbing all the
Low-rated emerging market sovereigns with large near-term international bond repayments and significant reliance on foreign currency, private-sector credit are particularly vulnerable to the impact of deteriorating economic conditions on capital markets, according
Health authorities said people were disobeying social distancing rules after Cyprus registered its biggest daily jump in new coronavirus cases bringing total infections to 214 plus six deaths since the outbreak. The number of
DBRS Morningstar considers that most advanced economy sovereigns have adequate fiscal space to implement temporary measures to mitigate the adverse impact of Coronavirus Disease (COVID-19). The Coronavirus Quandary: This is Going