DThe war in Ukraine and sanctions on invading Russia have been feeding an already brewing energy crisis, in ways that could not have been foreseen. However, environmentalists and consumer associations argue that
By Nicole Phinopoulou There are two major trends that will continue to affect the international economic scene in the coming years, excluding the new balances created by Russia’s invasion of Ukraine. One
Consumers have been told to brace for a ‘perfect storm’ on prices of essential goods, particularly food and fresh produce, as an increase in demand following the pandemic, rough weather conditions and
By Sandra Nebritova The latest events with the war in Ukraine have shaken the world and had a massive impact on a number of aspects of life, social as well as business.
In the early hours of February 24, Russia’s President Vladimir Putin announced his long anticipated war in Ukraine. In his address to the Russian people he said, “I am referring to what
By Craig Erlam Investors are opting for caution at the end of another strong rebound week, with equity markets a little lower as we near the close. The rebound we’ve seen over
The invasion of the Russian military in Ukraine is at the forefront of the international scene. The world’s attention has turned, with grave concern, to what is happening in Ukraine. This invasion
A leading indicator that serves as an early warning signal for changes in Cyprus economic activity, saw a year-on-year growth in February, prior to the full scale of the current crisis with
By Roland Jackson The Bank of England on Thursday hiked its main interest rate to its pre-pandemic level to combat runaway inflation that risks soaring far higher as the Ukraine conflict fuels energy costs.
Cyprus will be looking to upgrade its role as an alternative energy hub and supplier to the EU, making the most of its untapped natural gas reserves and upcoming electricity interconnectors with
