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Site title: Cyprus News | Cyprus Newspaper | Cyprus Economy | Financial Mirror

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West Texas Intermediate crude oil traded on the back foot on Monday after gaining more than 5% last week.

The pullback comes even as the broader backdrop remains largely unchanged, with Middle East tensions elevated and shipping through the Strait of Hormuz still heavily restricted. Late Monday,


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By Chris Michael

Averof Neophytou is back, only this time, the former leader of the Democratic Rally (DISY) is directing his political fire at the very party that launched his political career and which he led for years.

In comments made during a


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Bond vigilantes are back and equities are about to find out what that costs, the CEO of leading independent financial advisory deVere Group has warned.

On Mondy, 30-year US government borrowing costs pushed to levels unseen since 2007, dragging stocks lower for a third straight session and forcing investors to reprice risk across every asset class at once.

“Bond...


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By Chris Michael

In politics, as in life, there are always those who sense when circumstances are becoming favourable and hasten to present themselves as the answer to the country’s problems.

With the 2028 presidential election not too far away, the debate over possible candidates has already begun. And with it comes the familiar appear...


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West Texas Intermediate advanced on Monday to trade around $82.10, up 0.70% on the day. Crude oil prices remain supported by the deadlock between the United States and Iran, which keeps concerns about oil flows through the Strait of Hormuz elevated.

The prospects for a fu...


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