GENERAL
CBC Sets Reference Interest Rate at 11.32%
Nicosia: The Central Bank of Cyprus (CBC) has set the reference interest rate, as provided for under Article 314A of the Cyprus Criminal Code, at 11.32%, according to an announcement issued on Friday.
According to Cyprus News Agency, the reference r…
Kombos-Wood Reaffirm Shared Commitment to Strengthening Cyprus-UK Strategic Partnership
Nicosia: Minister of Foreign Affairs, Constantinos Kombos, and the newly appointed Under-Secretary for Europe of the United Kingdom, Stewart Wood, reaffirmed their shared commitment to further strengthening the Cyprus-UK strategic partnership, during …
Economic Sentiment Improved by 0.7 Points in July, Says CypERC
Nicosia: The economic sentiment in Cyprus improved further in July 2026, with the Economic Sentiment Indicator (ESI) increasing by 0.7 points compared to June, the Economics Research Centre (CypERC) at the University of Cyprus reported on Friday.
Ac…
CBMs Not a Prerequisite for Expanded 5+1 Meeting, Government Sources Say
Nicosia: Confidence-building measures, including the opening of new crossing points, are not a prerequisite for convening the next expanded conference on the Cyprus issue in the 5+1 format, whilst UN Secretary-General Ant³nio Guterres’ reference to th…
President Christodoulides Holds First Meeting with EU Special Representative for Cyprus
Nicosia: The first meeting between the President of the Republic, Nikos Christodoulides, and the European Commission’s Special Representative for Cyprus, Raffaele Fitto, is taking place this morning at the Presidential Palace. Fitto arrived in Cyprus …
House President Briefs Foreign Delegation on Cyprus Developments
Nicosia: House President, Annita Demetriou, received on Friday a delegation of foreign dignitaries from Greece, the United Kingdom, and Serbia who are in Cyprus to attend the anti-occupation event organized by the Municipality of occupied Famagusta on…
MEDICAL
WHO suggests ‘targeted vaccination’ for mpox instead of mass jab
GENEVA: The World Health Organization (WHO) has recommended “targeted vaccination” in the fight against mpox, instead of mass vaccination in
WHO Europe chief says mpox ‘is not the new COVID’
GENEVA: The Europe chief of the World Health Organization (WHO) said Tuesday that mpox, declared a public health emergency of
Philippines detects 1st mpox case this year
ANKARA: The Philippines has detected a new case of the mpox virus, the first since December last year, health authorities
Philippines detects 1st mpox case this year
ANKARA: The Philippines has detected a new case of the mpox virus, the first since December last year, health authorities
GOVERNANCE
Hold Israel accountable for terrorism: Maldives president tells UN
ISTANBUL: Maldivian President Mohamed Muizzu urged the international community on Tuesday to hold Israel accountable for ‘acts of terrorism’ as he pushed back against violation of international law. ‘Israel must be held accountable for these acts of terrorism, for these violations of international law and UN resolutions,’ Muizzu told the
Turkish, Serbian presidents meet in US for talks
WASHINGTON: Turkish President Recep Tayyip Erdogan and his Serbian counterpart Aleksandar Vucic met on Sunday in New York for talks. The closed-door meeting at the Turkish House came on the sidelines of the 79th session of UN General Assembly (UNGA). Trkiye sees Serbia as an important country for the stability
MARKET
Shortage of skilled labor, inflation deemed biggest problems plaguing economy
ISTANBUL: The global business world considers the shortage of skilled labor and inflation to be the biggest problems for businesses, according to the results of a recent survey.
The ‘Chamber Pulse: Global Markets, Local Landscapes 2024’ survey, relea…
ECB expected to cut deposit interest rate to 2%, experts say
ISTANBUL: The European Central Bank (ECB) is expected to continue its rate cuts at its monetary policy meetings this year, with experts estimating that the bank could reduce its deposit interest rate to as low as 2%.
According to estimates in the mon…
ECB expected to cut deposit interest rate to 2%, experts say
ISTANBUL: The European Central Bank (ECB) is expected to continue its rate cuts at its monetary policy meetings this year, with experts estimating that the bank could reduce its deposit interest rate to as low as 2%.
According to estimates in the mon…
Trkiye aims to boost exports, strengthen trade ties with Japan
ANKARA: Trkiye’s trade volume with Japan, one of its target countries for increased exports, rose 49% in 2019-2023 from $4.1 billion to $6.1 billion, as Trkiye aims to boost its exports to Japan via its current strategy.
Trkiye’s exports to Japan bet…