Despite getting off to a good start, the novel coronavirus outbreak may endanger the Cyprus tourist season before it even begins, claim hoteliers. As the virus gets a grip of countries from
Four police officers were injured, and pepper spray used as around 350 Cypriots demonstrated on Saturday against the temporary closure of several crossings on the divided island’s ceasefire line over the coronavirus
Moody’s Investors Service has revised its Global Macro Outlook and its baseline growth forecasts for all G20 economies. The coronavirus outbreak has spread rapidly outside China to a number of major economies.
As the novel Coronavirus spreads around the world, economies are shaken with stakeholders in the Cypriot economy fearing that if the virus poses a threat for a prolonged period Cyprus will pay a hefty price.
By Ivanka Pittelkau As the coronavirus is spreading across the world, its consequences on the economy are turning investors to safe-haven assets. What started in January as a local issue in Wuhan, China
The Cyprus Health Ministry said on Friday that a soldier from Greece was being tested for suspected coronavirus after showing symptoms of respiratory infection. According to a ministry announcement, the soldier was
By Lukman Otunuga, Senior Research Analyst at FXTM Explosive levels of market volatility are becoming the new normal, as conflicting themes force the sentiment pendulum to swing between extremes. This phenomenon has
While the government is adamant on keeping four crossing points closed as part of its measures against novel Coronavirus, UNFICYP has expressed concern over “the ongoing disruption caused to people on both
A fresh era of negative interest rates is looming and investors are now seeking to top-up their portfolios with equities, according to the CEO of one of the world’s largest independent financial
By Hussein Sayed, Chief Market Strategist at FXTM Risk-on sentiment has returned once again with Wall Street leading a significant rally on Wednesday. The Dow Jones Industrial Average soared 4.5% to close