With the government almost out the door, ministers are busy scurrying around the country to open roads and community centres to prove its success. There is a final cavalry charge for the Anastasiades administration to leave a lasting legacy as it tries to wash off the stain of corruption. Well-paid public sector workers can also
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The leak by a foolish teacher of the exam headings for the third-year Lyceum students could not have come at a worse time, with too much fuss made by almost every presidential candidate, thinking they could score last-minute points in the election race. The action was just as condemnable as how the Education Ministry officials
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The Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven by China, leads to increased energy demand, impacting prices upwards. The forthcoming EU embargo on Russian oil products may add to this, as concluded by experts during Gulf Intelligence’s daily energy markets live
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Every year we opt to visit for New Year’s Eve, one of the top 5-star hotels in Cyprus, since our younger family members and friends with whom we socialise prefer to stay with their families. It was a bit pricy since for a 2-day stay, half board, the cost is around €1,500 for two. Despite
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The lack of new liquefaction capacity coming online in the US, combined with low additions globally in 2023, stands to pressure the gas market as it grapples with extreme volatility and persistently high prices. In fact, there will not be any significant new volumes of LNG coming into the market for 2-4 years. The Qatar
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A leading independent financial advisory has teamed up with some of the most talented young British boxers to help recruit and inspire the next generation of financial advisers. deVere Group announced it is to sponsor and work alongside Jack Catterall, Laura Pain and Rhiannon Dixon throughout 2023. Catterall held the British light-welterweight title in 2017
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Turkish Cypriots took to the streets this week, despite heavy rain, to protest the “Islamification” of their community after Turkey appointed religious authorities to preach conservative Islamic rhetoric to those attending mosques. Around 46 opposition parties, non-governmental organisations, and unions demonstrated against what they called an “Islamification agenda” after the “head of religious affairs”, Ahmet
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Cyprus’ e-mobility transport network is hampered by a lack of charging points, with authorities rushing to place the infrastructure to cater to the rising demand for electric vehicles. The world is on a tight schedule to cut carbon emissions, and Cyprus is trying to catch up, encouraging people to go electric with a €30 mln
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Globally, there is a growing recognition that social and environmental risks should be given equal weight to financial risks in investment decision-making. Especially when the decisions are about Project Financing. Sustainable project financing refers to the funding of initiatives that are environmentally and socially responsible. Implementing such projects aims to create positive, long-term impacts leading
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Cyprus Central Bank governor Constantinos Herodotou called for awareness over rising private debt as the economic outlook deteriorates due to the prolonged Russian invasion of Ukraine. Herodotou called for increased vigilance to avert private debt defaults that would lead to increased personal debt levels. On private sector debt, he said that default rates of loans
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