World - Page 37

Aussies top online sports betting at $1,300 per user

Australians top the world chart of biggest spenders in the sports betting industry, with an average revenue per user of $1,300, nearly four times more than the global average, according to a

26th September 2023

Markets/World

Cyprus among most expensive countries in EU

The cost-of-living crisis is one of the most pressing problems the government has to tackle, and according to a Phileleftheros survey, Cyprus remains one of the most expensive countries in Europe. As

25th September 2023

Cyprus/Europe

GenAI raises economic productivity & social risk

The formidable power of generative artificial intelligence (GenAI) combined with other existing AI models can transform how companies operate and individuals work. For economies, it will likely fill skills gaps and address

25th September 2023

Comment/World

Game over for Armenia?

During the past three decades, Armenia struggled to convince the world that the ethnic enclave of Nagorno-Karabagh was an integral part of the Armenian nation, connected to the motherland with a fragile

24th September 2023

Editorial/World

CoE says Turkey must pay up to Greek Cypriot refugees

The Council of Europe’s Committee of Ministers has stressed that Turkey must pay without delay €60 mln in damages to Greek Cypriots who cannot access their properties in the Turkish-occupied north. According to a

22nd September 2023

Cyprus/Europe

Erdoganomics abandoned after interest hikes

Turkey’s Central Bank cemented the country’s policy shift with a super-sized rate hike, raising its key interest rate by a lofty 500 basis points to 30%. The latest hike marks a second

22nd September 2023

World

BoE must stop, not just pause rate hikes

The Bank of England’s recent decision to pause interest rate hikes has been met with relief, but it should go further and stop hikes altogether, warned the CEO of a leading independent

22nd September 2023

Markets/World

Five Israelis kept in custody until gang rape trial

Five Israeli tourists will remain in police custody until their trial begins next month for allegedly gang-raping a young Briton in the popular Cyprus holiday resort of Ayia Napa, a court ruled

21st September 2023

Cyprus/World

Surprisingly dovish BoE, another rate hike possible

By Craig Erlam We’re seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England on Thursday surprising with a hold, while not

21st September 2023

Markets/World

Markets heed hawkish Fed

By Han Tan, Chief Market Analyst at Exinity Group Risk sentiment was forced to turn lower as the Federal Reserve delivered its higher-for-longer messaging to markets, projecting fewer-than-anticipated rate cuts for 2024.

21st September 2023

Markets/World