UK interest rate rise on the back of higher inflation
Biggest rate increase for 27 years By St John Coombes This week the Bank of England increased interest rates by 0.5 per cent, taking interest...
Business
The risk of economic stagnation
By Andreas Charalambous and Omiros Pissarides Recent developments suggest that the US and the EU are moving towards stagflation, that is the coexistence of...
Debt restructurings slow down in 2022 following a record year
By Gregoris Savva Debt restructurings in Cyprus declined to €545 million in the first half of 2022, with loan renegotiations slowing down following a record...
Chip makers have a message for car makers: Your turn to pay
The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two years are easing –...
Uniglo (GLO) could be one of the top players in 2023, alongside Bitcoin (BTC) and Ethereum (ETH)
In the world of cryptocurrency, new players are emerging onto the scene. Some of these players are here to stay, while others quickly fizzle out....
What is central bank independence?
Talk of changes to the Bank of England’s powers has revived a debate on whether central banks should be independent of governments and in what...
Weaker education sector demand hurts tablet sales
Chromebooks, the laptops or tablets running Google’s Linux-based Chrome OS, continue to experience a decline in sales for the fourth consecutive quarter, according to a...
Robochop makes garden trimming a snip
By Andrew Dunne Gardening is proven to be healthful and joyful, but as more of us discover the joys of working in the garden for...
The implications for public debt of high inflation and monetary tightening
By Zsolt Darvas Rising inflation has triggered monetary tightening in several countries, and the resulting higher interest rates raise concerns about public debt sustainability in...
‘Cyprus must also think about the quality of the tourists it attracts’
Cyprus Association of Hotel Managers president Christos Angelides on Friday said that the hotel occupancy rate in the Famagusta district is expected to reach between...
