KGB stalwart new Cyprus ambassador

Former KGB officer Murat Zyazikov, once President of the Russian Republic of Ingushetia, has been appointed Russia’s ambassador to Cyprus, according to a decree by the Kremlin. He succeeds Stanislav Osadchiy, who

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Gorbachev, a pioneering history man

The last Soviet leader, Michael Gorbachev, passed away on Tuesday at a Moscow hospital after being treated for a long and serious illness, according to his doctors. UN Secretary-General Antonio Guterres called

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We’re here, finally

By Jeffrey Halley         After what seems like an interminable wait, we are finally at FOMC day. Markets have baked another 75 basis points into their loaves of bread, but it’s going to

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The waiting game

By Jeffrey Halley         Markets were quiet overnight ahead of a deluge of tier-1 earnings, data, and the US FOMC policy decision over the rest of the week. Equities, currencies, oil and precious

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Cyprus targets Asia shipping

Cyprus, overcoming the loss of Russian maritime trade due to EU sanctions, the Mediterranean shipping hub is chasing business expansion in Japan and elsewhere in Asia as it looks to grow its

Bear market rally back on?

By Jeffrey Halley       Last Friday’s Wall Street price action was enough to spark risk sentiment rallies on forex markets, led by the usual suspects, the Euro and the Australian Dollar, although not

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EU working on more sanctions against Russia

Brussels is looking at more sanctions against Russia and ensuring those in place bite hard, EU Council President, Charles Michel, told the European Parliament. He said that in close coordination with the

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