. FXTM MARKET REPORT The US dollar experienced a very volatile week last week, with shockingly low GDP data eclipsing the positive jobs growth news, and more volatility expected this week. GDP for the first three months of the year in the US was just 0.1%, substantially lower than the forecast rate of 1.2% and
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A total of 1077 polling stations will operate in the upcoming elections, according to an announcement of the Chief Returning Officer who also announced the voting hours of the election centres abroad. According to the announcement, in the Nicosia constituency 407 polling stations will operate, 54 in Famagusta, 170 in Larnaca, 298 in Limassol and
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The Troika delegation, which is visiting Cyprus, continues its meetings Wednesday in Nicosia, in the framework of the fourth assessment of the Cyprus economic adjustment program. The Troika delegation will meet with the Federation of Associations of Building Contractors Cyprus (O.S.E.O.K.) to discuss problems faced by the construction sector. They are also expected to have
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Russia will beef up its Black Sea fleet this year with new submarines and warships, Defence Minister Sergei Shoigu was quoted as saying on Tuesday, following the annexation of the Crimean peninsula. New air defence and marine infantry units would also be deployed at the fleet's bases, which include Sevastopol in Crimea. "New submarines will
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. By Oren Laurent President, Banc De Binary It has been 10 months now since Croatia became the 28th member state in the European Union, and still the economy is shrinking. GDP is down and unemployment is up. It is a cautionary tale to the country’s ex-Yugoslav neighbours that membership of the bloc is far
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. Marcuard's Market update by GaveKal Dragonomics The time-honoured adage of “Sell in May and go away” has served equity investors extremely well for the past four years. In every year since 2010, stock markets have corrected sharply, falling from a high in May to a low in the summer or early autumn: in terms
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The case of Cyprus has been absolutely extraordinary said Jean Claude Trichet, former President of the European Central Bank, commenting on the decisions taken to face the economic crisis the country is undergoing. Addressing a seminar organised in the Belgian capital by the European Parliament and the European Journalism Centre on the Euro elections of
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Cyprus President Nicos Anastasiades continues his contacts in Berlin on Wednesday in the context of a four-day official visit in Germany. The President will meet at 10:00 local time with President of the Bundestag Norbert Lammert. He will will also address an event organized by the think-tank Deutsche Gesellschaft für Auswärtige Politik e.V. In the
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* Merkel supports more active EU role in Cyprus talks * German Chancellor Angela Merkel has called on Europe to lay aside its differences and stand together on further sanctions against Russia over the crisis in Ukraine and Crimea, despite concerns and hesitation expressed by smaller nations such as Cyprus. “It’s important that all European
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An injured Russian sailor on board the Northern Fleet destroyer ‘Vice Admiral Kulakov’ was airlifted by the Cyprus search and rescue (S&R) team and transported by helicopter to Limassol general hospital early on Tuesday. The request came from the Russian embassy in Nicosia after the sailor suffered severe head injuries and needed urgent hospitalisation. The
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