A Turkish Cypriot bone marrow donor has given hope to a child in Greece who was in urgent need of a transplant. Hasan Yasakurt underwent an operation at the Famagusta Medical Centre and the transplant has been sent to the Greek hospital were the child is been treated. There were no further details about the
More
In June Cyprus registered the EU’s second lowest annual inflation rate of 0.3% behind Greece with 0.2%, a year earlier the rate was 1.7%, according to Eurostat. The euro area annual inflation rate was 1.3% in June 2019, up from 1.2% in May. A year earlier, the rate was 2.0%. European Union annual inflation was
More
Salpy Eskidjian Weiderud, executive director of the Religious Track of the Cyprus Peace Process, is one of five International Religious Freedom Award winners announced by the US State Department. She was invited to attend the second Ministerial to Advance Religious Freedom, in Washington D.C. this week hosted by Secretary of State Michael Pompeo. According to
More
By Han Tan, Market Analyst at FXTM Asian stocks continue to decline after the S&P 500 ended five straight days of gains to ease off its record high, as US President Donald Trump reiterated his tariff threat over $325 bln worth of Chinese imports. Investors who are hopeful of a US-China trade deal in the
More
Washington remains very concerned over Turkey’s continued illegal drilling activity in Cyprus waters, US State Department Spokesperson Morgan Ortagus said. “Similarly, to the Europeans, we’ve expressed deep concerns over Turkey’s assertions that it is going to continue to drill in these waters off of Cyprus,” Ortagus said. She pointed to the statement released on July
More
Cyprus Ministry of Transport has issued a call for tenders for construction of the €350 mln Nicosia Orbital Motorway to be built in five phases starting in mid-2020. The long-awaited project is considered to be of high importance as it is part of the Ministry's strategic plan for the decongestion of traffic in the gridlocked
More
. IN our digital age there is a conflict between the services people say they want and the ones they actually pay for. In theory, we all want to buy our food from a market stall owned by the grower. We want to get our books from a bookshop, managed by an expert on Joyce,
More
Cyprus on Tuesday rejected as “unacceptable” a Turkish Cypriot proposal on energy revenue sharing to help de-escalate tensions created over Turkish drilling activity off the divided island’s coast. Nicosia argues that jointly managing the island’s untapped energy resources can only be workable once a decades-elusive peace settlement has been agreed and that Turkish Cypriots will
More
By Lukman Otunuga, Research Analyst at FXTM Asian shares were tired and struggling for direction on Tuesday morning due to a lack of fresh market-moving news, with investors on the sidelines ahead of earnings reports from major American companies. Although Wall Street closed again at record highs overnight Monday, this positive momentum is unlikely to
More
Cyprus’ economy is in a position to weather worsening international macroeconomics and the shrinking of the tourist flow to the island as predictions over the country’s GDP growth remain high. Despite reappraisal of growth by international and local analysts, the Cyprus economy is expected to see a growth rate of between 3% to 3.5% in
More