Russia sanctions hurt Cyprus firefighters

The war in Ukraine and sanctions imposed on Moscow are taking a toll on the Cyprus forestry department that will be deprived of two Russian-owned firefighting helicopters it leases every year. The

A Bullard in a China shop

By Jeffrey Halley The ‘who can be the most hawkish Fed President’ quiz continued overnight as James Bullard came out swinging, suggesting that Fed Funds may need to rise to a “neutral”

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Cyprus-Finland flights resume

Some 4,500 Finnish tourists are expected to visit the island this year, as Cyprus re-establishes a direct connection with Helsinki this summer. Transport Minister Yiannis Karousos, speaking with the Finnish ambassador and

Ending a bad week on a positive note

By Craig Erlam The stock market recovery has stalled this week, despite indices ending on a positive note as investors digest the latest speak from central banks. Naturally, front and centre is

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Choppy markets continue

By Craig Erlam Tuesday was another choppy day in financial markets with Europe ending a mixed bag and US indices all in the red, but to varying degrees. Markets are indicative of

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Caution ahead of more talks

By Craig Erlam European stocks were treading water on Monday and Wall Street was eyeing a similar theme amid another cautious start to the week. Pressure is ramping up on Brussels to

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