Dollar losing its shine amid rising US-Iran tensions
The financial markets’ reaction to intensifying US-Iran tensions has revealed a sharp erosion of the US dollar’s safe haven status, as investors eye Tehran’s next move, warned Nigel Green, CEO of leading financial advisory deVere Group. In the wake of targeted US strikes on Iranian nuclear sites
Markets turned risk-averse at the beginning of the week as geopolitical tensions in the Middle East escalate further following the US bombing
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Cyprus dropped one place in the 2025 IMD World Competitiveness Ranking, down from 43rd among 67 countries last year, to 44th out of 69 countries, due to a deterioration in economic performance and growing
Read MoreThe fourth edition of the Cyprus Bloomsday Festival, organised by the Embassy of Ireland in Cyprus together with Ideogramma, will be held
By Anthi Charalambous At a time of high energy volatility, the European Commission has presented its new Action Plan for Affordable Energy,
It doesn’t take a big company to build a resilient balance sheet, but it takes a great deal of discipline to accomplish
Business
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Streaming giant Netflix has made a record-breaking comeback, adding over $100 billion to its stock value year-to-date, marking its strongest five-month gain in absolute dollar terms over the past decade, according to data from Stocklytics.com. Following its huge subscriber loss
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President Donald Trump’s tariff policies and trade wars have fueled a wave of anti-U.S. sentiment, with America’s reputation plunging in 38 out
The number of Dogecoin (DOGE) millionaire wallet addresses increased by 14.33% from April 8, the day that mounting tensions between Elon Musk,
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The financial markets’ reaction to intensifying US-Iran tensions has revealed a sharp erosion of the US dollar’s safe haven status, as investors eye Tehran’s next move, warned Nigel Green, CEO of leading
MoreMarkets turned risk-averse at the beginning of the week as geopolitical tensions in the Middle East escalate further following the US bombing of several Iranian nuclear sites over the weekend. Preliminary June
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West Texas Intermediate (WTI) climbed above the $75.00 mark on Thursday, hitting its highest level since late January amid geopolitical tensions and tighter supply signals, fueling fresh buying. The benchmark US crude
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By Anthi Charalambous At a time of high energy volatility, the European Commission has presented its new Action Plan for Affordable Energy,
It doesn’t take a big company to build a resilient balance sheet, but it takes a great deal of discipline to accomplish
It has now become clear that in order to keep the European economy going and ensure energy security, gas will be around
By Charles Ellinas In Germany, the new Economics Minister Katherina Reiche has urged construction of new gas-fired power plants. She said, “we
The US and China reached an interim deal on tariffs, drastically reducing their reciprocal rates, the US also agreed on a deal
Energy
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West Texas Intermediate (WTI) climbed above the $75.00 mark on Thursday, hitting its highest level since late January amid geopolitical tensions and tighter supply signals, fueling fresh buying. The benchmark US crude oil traded around $74.58, up more than 2.5% on the
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West Texas Intermediate (WTI) is trading around $73.00 during Asian trading hours on Thursday. The US crude oil benchmark’s price edges higher
The pullback in crude prices witnessed on Monday found support on Tuesday as escalating tensions in the Middle East revived fears of
West Texas Intermediate (WTI) is trading around $67.00 during the Asian session on Thursday, with the US crude oil benchmark climbing to near
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The financial markets’ reaction to intensifying US-Iran tensions has revealed a sharp erosion of the US dollar’s safe haven status, as investors
More
Markets turned risk-averse at the beginning of the week as geopolitical tensions in the Middle East escalate further following the US bombing
More
West Texas Intermediate (WTI) climbed above the $75.00 mark on Thursday, hitting its highest level since late January amid geopolitical tensions and
More
The Euro edged lower against the British Pound on Thursday, snapping its recent winning streak after the Bank of England held its
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The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting jet fuel for the U.S. military, could activate multiple insurance policies, because of the types of vessels and
Read MoreThe eighth annual Cyprus Shipping Forum, organised by New York-based financial and maritime advisory Capital Link next week, will focus on the
Government officials from Cyprus and Oman have signed a number of cooperation agreements, enhancing cooperation in maritime affairs and mutual recognition of
The shipping community has welcomed the release of the 25 crew of the Galaxy Leader cargo car carrier, after Houthi rebels hijacked
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The fourth edition of the Cyprus Bloomsday Festival, organised by the Embassy of Ireland in Cyprus
The technological transformation of industries and adoption of artificial intelligence by businesses could boost global growth
By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced
By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance
“Spring drew on: she was indeed already come; the frosts of winter had ceased; its snows
