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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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Kyrenia shipwreck: Final victim laid to rest as search operations continue

Cyprus
The Filo Jet shipwreck off Kyrenia has left 14...

ECB raises interest rates to 2.5%

Economy
The European Central Bank has raised its interest rates...

England’s mayors set to gain power to impose tourist tax

International
Mayors in England are set to gain powers to...

Twins identified as targets of an assassination plot by a criminal gang in Cyprus

Cyprus
British twins Jamie and Aaron Small have been identified...
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