Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine. During…
Category: Market
EU doubles economic assistance to Moldova
The European Union will double its financial assistance to Moldova to face the economic impact of the war in neighboring Ukraine, the Council of the European Union announced on Tuesday.The Council said in a statement that it has ‘decided to nearly dou…
Asian stocks close Tuesday mostly with gains
Major Asian stock markets closed Tuesday with gains except for the Singapore benchmark index.The Asia Dow, which includes blue-chip companies in the region, rose 0.41% to 3,412 points as of 1130GMT.Tokyo’s Nikkei 225 increased 0.30% to close at a 33-y…
Russian timber exports continue to fall
Foreign sales of Russian timber saw a further decline in the first quarter of this year, dropping more than 20% to 4.5 million cubic meters, according to the latest data by the Russian forest regulator, Roslesinforg, as quoted by Russian business daily…
Timelines and roadmap on energy policy to be announced soon, President says
Cyprus President Nikos Christodoulides said on Sunday that specific timelines and a roadmap regarding the government’s energy policy will be released soon.According to a Presidency’s press release, replying to questions from journalists after a memori…
Russia claims US investments in Nazi Germany led to World War II, Holocaust
Reacting to a US senator’s comments during a meeting with Ukrainian President Volodymyr Zelenskyy on Friday, Russia on Sunday claimed that US investments in Nazi Germany led to World War II and the Holocaust.’Senator [Lindsey] Graham has something to …
Oreo manufacturer branded enemy of Ukraine
One of the world’s biggest snack companies, Mondelez International, has been labeled an enemy of Ukraine due to its reluctance to exit Russia, Ukrainian media reported on Thursday.The Ukrainian National Corruption Prevention Agency (NCPA) has designat…
Economic sentiment continues to deteriorate in May, says ERC
In May 2023, economic sentiment in Cyprus deteriorated, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 1.8 points compared with April 2023, according to the Economic Research Centre of the University of Cyprus. The decrease in the ESI-C…
‘Endangering democracy’: Defiant UK groups say controversial anti-protest law must go
Activists and rights groups are striking a defiant tone in the face of the UK’s controversial new law to clamp down on protests.After being passed by parliament and receiving royal assent, parts of the Public Order Act 2023 came into force days ahead …
Turkish stock exchange flat at close
ISTANBUL: The Turkish benchmark stock index closed the midweek at 8,806.72 points, slightly down 0.01% from the previous close.
The BIST 100 index started the day at 8,834.01 points and lost 0.66 points from Tuesday’s close.
The lowest value of the …