World - Page 4

BoE’s Greene pushes back against interest rate expectations

By Craig Erlam We saw a more muted session in financial markets on Thursday following a couple of days in which investors have been very encouraged by the economic data. Inflation figures

17th November 2023

Markets/World

Sánchez re-election to end deadlock, fundamentals unlikely to change

Pedro Sánchez was re-elected as Prime Minister by the Spanish Congress on Thursday and will likely lead a coalition government of the centre-left Partido Socialista Obrero Español (PSOE) and left Sumar parties.

16th November 2023

Markets/World

Police probe how sanctioned Russian tycoon moved £1 bln

Cyprus police are investigating how an oligarch attempted to transfer a £1 bln stake in a travel firm on the day he was placed under EU sanctions, government insiders told the UK

16th November 2023

Cyprus/Europe

Foreign Minister in Israel to discuss humanitarian corridor

Foreign Minister Constantinos Kombos is visiting Israel on Thursday to promote Cyprus’ initiative to open a maritime humanitarian aid corridor to the besieged Gaza Strip. In light of the latest developments in

16th November 2023

Cyprus/Middle East

Money trail of secret Abramovich deals

A money trail of a $40 million secret deal associated with Roman Abramovich, a Russian oligarch and -believed- close friend of Russia President Vladimir Putin, has been traced to Cyprus. Despite being

15th November 2023

Cyprus/World

Over 5,000 illicit medicines seized in global operation

For the 13th year in a row, Cyprus participated in Operation Pangea XVI, which led to 72 arrests worldwide, the seizure of potentially dangerous pharmaceuticals worth more than $7 million, 325 new

15th November 2023

Cyprus/World

Encouraging US inflation, UK jobs also promising

By Craig Erlam We’ve seen quite a response to the US inflation report on Tuesday, with investors clearly buoyed by the miss on both the headline and core numbers. While in both

15th November 2023

Markets/World

Pledge to probe Russia sanction-busting allegations

Cyprus vowed to investigate new allegations by a group of international journalists that it was a hub for laundering money, enabling Russian oligarchs to bypass sanctions. According to an investigation by the

15th November 2023

Cyprus/World

President outlines Gaza aid plan to UN Chief

President Nikos Christodoulides has presented Cyprus’s proposal for establishing a humanitarian corridor to Gaza to United Nations Secretary-General Antonio Guterres. Christodoulides will review the proposal during a phone call with Guterres on

14th November 2023

Cyprus/Middle East

59.2% receive higher education

In 2022, 59.2% of the population of Cyprus aged 25 – 34 (42% in the EU) had a tertiary level of educational attainment, according to Eurostat. In 72 out of the 240 NUTS

14th November 2023

Cyprus/Europe