US’s Yellen lands in China, hopes to thaw icy relations
U.S. Treasury Secretary Janet Yellen on Thursday began a four-day visit to China focused on easing tensions between the world’s two largest economies, despite low expectations on both ...
Canadian wildfire smoke spreads, 100 million Americans under air-quality alerts
Murky, dull skies loomed over tens of millions of Americans on Thursday as smoke from prolonged Canadian wildfires drifted across the Midwest and East, causing unhealthy and, in some spots, ...
Cluster munitions would be useful for Ukraine, Pentagon says
The United States military believes that cluster munitions would be useful for Ukraine in pushing back against Russian forces, a senior Pentagon official said on Thursday, but they had not ...
The prospects of the oil market and economic implications
By Andreas Charalambous and Omiros Pissarides
For more than a century, oil has retained its international position as the main source of energy, utilised, among other things, for fuelling vehicles, ...
US imposes visa restrictions on Uganda officials after anti-LGBTQ law
The United States has imposed visa restrictions on Uganda officials after the African nation passed an anti-LGBTQ law that was condemned by many countries and the United Nations, the U....
Cuba, Iran presidents meet in Havana, vow to confront ‘Yankee imperialism’
Iranian President Ebrahim Raisi met with Cuban counterpart Miguel Diaz-Canel on Thursday, his last stop on a three-nation Latin American tour aimed at shoring up support among Latin American allies ...
US ‘aspirational’ shoppers are spending less on fashion, jewelry
A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving luxury retailers to search out new sources of revenue and, in some cases, to shift their ...
China to build spy base in Cuba, WSJ says; US casts doubt on report
China has reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island roughly 100 miles (160 km) from Florida, the Wall Street Journal said on Thursday, but ...
Sunak, Biden sign new US-UK agreement on clean energy, AI
U.S. President Joe Biden and British Prime Minister Rishi Sunak on Thursday agreed to deepen close economic ties between the United States and Britain, pledging to accelerate the clean ...
Fresh fighting threatens Sudan’s week-long ceasefire
Sporadic clashes between Sudan’s army and a paramilitary force spilled over into Thursday, puncturing the relative calm in the capital Khartoum and raising the risk of a week-long truce ...
Registrar receives green light to review sanctioned companies
Registrar of Companies Irini Mylona on Friday morning said her office has been greenlighted to proceed with examination of applications for personnel replacements received from companies caught up in the ...
Debt default could trigger recession, Harris and Brainard warn
Vice President Kamala Harris and top White House economic adviser Lael Brainard said on Thursday that a default on the U.S. debt of $31.4 trillion would throw the American economy ...
US House member ‘pauses’ subpoena attempt over Afghanistan cable
The chairman of the U.S. House of Representatives Foreign Affairs Committee said on Thursday he accepted the State Department’s invitation to view a classified cable related to the ...
US retail sales miss expectations, but core sales strong
US retail sales increased less than expected in April, but the underlying trend was solid, suggesting that consumer spending likely remained strong early in the second quarter, despite growing risks ...
Second tranche of US sanctions data received (Updated)
Officials from the UK and the US will soon visit to provide additional information on the sanctions, President Nikos Christodoulides said on Friday as authorities received the second tranche of ...
US lawmakers introduce bill to combat normalization with Syria’s Assad
A bipartisan group of U.S. lawmakers introduced a bill on Thursday intended to bar the American government from recognizing Bashar al-Assad as Syria’s president and to enhance Washington’...
US small business sentiment slumps to more than 10-year low
US small business confidence fell to more than a 10-year low in April on worries about the near-term economic outlook and persistent worker shortages, but there were few signs that ...
Jury convicts Proud Boys members of seditious conspiracy in US Capitol attack
A jury on Thursday convicted four members of the far-right Proud Boys militia group including its former leader Enrique Tarrio of seditious conspiracy, finding they plotted to attack the U....
U.S. targets Russia’s FSB, IRGC members over wrongful detention of Americans
The United States on Thursday imposed sanctions on Russia’s domestic security service FSB and the intelligence unit of Iran’s Revolutionary Guard Corps (IRGC) accusing them of being responsible ...
U.S. military leak suspect to appear in court; had arsenal, prosecutors say
A U.S. Air National Guardsman accused of leaking military secrets appeared in federal court on Thursday, where a judge expressed concern the 21-year-old’s knowledge of classified material might ...
US Equal Rights Amendment blocked again, a century after introduction
The U.S. Senate on Thursday fell short of the votes needed to enshrine equal rights for women in the Constitution, a century after a guarantee of gender equality was ...
Eighty ancient Cypriot artifacts repatriated from US
More than 80 Cypriot antiquities are being repatriated from the USA to Cyprus it was announced on Tuesday in a ceremony held in Washington for the occasion.
Cyprus Ambassador to the ...
Flurry of activity over Russian accounts
Sanctions imposed on Russia and Russian citizens so far will not significantly impact the Cypriot economy as its banks have very satisfactory levels of capital and one of the best ...
Heavy gunfire quickly shatters Sudan truce pushed by US (Update)
Heavy gunfire shattered a 24-hour truce in Sudan on Tuesday shortly after it was due to take effect under U.S. pressure on warring military factions to halt fighting that ...