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C? Rating Agency upgrades Cyprus Long-term rating to ‘BBB’ with positive outlook

Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-‘ and ‘A3’, maintaining a positive outlook. The Limassol-based regional rating agency cites the continued improvement in the island’s public finances, persistent budget surpluses

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Floods, landslides in Nepal leave at least 50 dead, dozens missing

ANKARA: At least 50 people have been killed and dozens are missing after severe flooding and landslides hit multiple districts in Nepal, local media reported Saturday. The heavy rain, which has caused floods and landslides across the country, has displaced hundreds of people, according to the Kathmandu Post. Authorities have

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US issues travel advisory for Lebanon amid rising tensions

ISTANBUL: The US Department of State updated on Saturday its travel advisory for Lebanon, asking the families of diplomats to leave the country. The advisory said it ordered the departure of non-mission-employed eligible family members (EFMs) and authorized departure for mission-employed EFMs and non-essential US direct hire employees. This decision

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