Cyprus’ tourism chief said he is pleased that arrivals so far this year have already reached 75% of the first half levels of the 2019 record year, and at two thirds of
The war in Ukraine has disrupted decades of peace and stability in Europe, threatening years of economic and social progress in the region. Russia benefited enormously from the cooperation with its European
Moody’s has lowered global growth projections for 2022 and 2023 as Russia’s invasion of Ukraine and pandemic lockdowns in China add to supply shocks and stoke inflation. Advanced economies will expand 2.6%
The Euro area is expected to see slow growth in the EA in the near term, as economic activity is affected by Russia’s invasion of Ukraine, especially through weaker confidence and higher
By Craig Erlam It’s been another wild ride in the markets this week, but indices are on course to end it roughly where they started. There has been a lot to digest
By Craig Erlam Equity markets stabilised a little in the middle of the week, with big tech earnings failing to steer them significantly one way or another. It’s been a mixed bag
By Jeffrey Halley Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too
By Craig Erlam A little bit of positivity seems to have returned to the markets on Wednesday, but there’s still plenty of underlying unease amid a mixed bag of earnings and rising
By Jeffrey Halley The Ukraine/Russia conflict has suffered some headline fatigue of late, and more than a little complacency by the world’s financial markets, as China’s slowdown fears grabbed centre-stage. The economic
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
