Tag: inflation

How Cyprus banks are pricing in Middle East war risks

Cyprus
The war in the Middle East has moved beyond general warnings and into the adverse-scenario probabilities and expected credit losses calculated by Cyprus' three...

Oil prices slide on hopes of US-Iran de-escalation

Economy
Oil prices fell sharply on Monday as hopes of renewed diplomacy between the United States and Iran eased concerns over global energy supplies. The...

Rising oil prices pose wider economic risks

Economy
Rising Middle East oil prices are expected to have consequences far beyond higher fuel costs, with an economist warning of mounting inflationary pressures, possible interest rate...

Cyprus pension increase of 1.46% expected in July

Cyprus
A 1.46% pensions increase is expected to be granted from 1 July, according to calculations by the Union of Cypriot Pensioners (EKYSY), based on...

One million more UK homeowners set to face higher mortgages

Economy
More than five million homeowners in the UK are now expected to see their mortgage payments increase by the end of 2028, according to...
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Erhürman to attend COP31 summit in Antalya

Cyprus
Turkish Cypriot leader Tufan Erhürman is travelling to Antalya...

ON THIS DAY: World’s first petrol-powered motorcycle unveiled (1885)

On this Day
On November 10, 1885, German engineer Gottlieb Daimler unveiled...

Third arrest of 35-year-old woman in Peyia murder case

Cyprus
Police have arrested a third person in connection with...

Winners of Stelios Awards for Young Entrepreneurs announced

Cyprus
The Stelios Awards for Young Entrepreneurs in Cyprus have...
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