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

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By Chris Michael

One of the most extreme, yet increasingly debated scenarios of regional escalation in the eastern Mediterranean involves the possibility of a direct Israeli-Turkish confrontation near or over Cyprus.

Recent military tensions between Israel and Turkey, culminating in the Israeli strike on the Abu al-Duhur airbase in nort...


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The Euro was down 0.12% to near 1.1460 against the US dollar on Friday, under pressure as the USD extended the advance due to firm expectations that the Federal Reserve will deliver more


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The Bank of England’s decision to hold interest rates steady and ignore the Federal Reserve’s rate hike, once again risks falling behind the curve on the inflation battle, the CEO of leading independent financial advisory


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Gold extended gains for the second consecutive day on Friday, as the pullback in US Treasury yields has offset the negative impact of the hawkish hike delivered by the Federal Reserve earlier in the week.

The precious metal has reached session highs at the $4,400 area, after bouncing from one-and-a-half-month lows below $4,250 earlier this week, aiming to close a three...


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The Federal Reserve has hiked US rates for the first time in three years, and it won’t be the last this year, according to the CEO of leading independent financial advisory


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