The Economic Sentiment Indicator (ESI-CypERC) in Cyprus improved in November 2023, compared to October 2023, mainly due to the strengthening of the business sentiment in the services and construction sectors, according to a survey conducted by the Economic Research Centre (ERC) of the University of Cyprus, in collaboration with RAI Consultants Ltd.The Economic Sentiment Indicator (ESI-CypERC) increased by 2.6 points, compared to October, while the Economic Uncertainty declined further in...
The growing political instability in the world has been heightened by the increasing wealth gap between the upper 10 percent of society and the remainder of the population, especially the bottom 50 percent. It is no wonder that the masses are beginning to turn more and more to far-right governments that are essentially populist in nature.
A key measure of the health of the economy in the near future is once again forecasting a recession. | Economy
Cyprus experienced an upturn in its economic climate in November 2023, compared to October, primarily attributed to the service and construction sectors, according to a study conducted by the University of Cyprus' Economic Research Centre (CypERC) in collaboration with RAI Consultants Ltd. The Economic Sentiment Indicator (ESI) of the CypERC
We look at what matters the most about financial recovery and foresight through this brief economic analysis of where London stands and what it’s trying to achieve in the upcoming years.
Addis Ababa, November 28/2023 (ENA)World Special Representative of the Austrian Chancellor, Peter Launsky-Tieffenthal expressed his country’s keenness to cooperate with Ethiopia in areas such as mining, renewable energy and agriculture; animal husbandry and poultry. Ethiopia’s Foreign Affairs State Minister, Ambassador Mesganu Arga met and held talks with the World Special Representative of the Austrian Chancellor, Peter Launsky-Tieffenthal at his office today. The discussion focused on...
U.S. Treasury yields fell on Tuesday as investors awaited economic data that could provide hunts about the path ahead for the economy.
The Grain Growers of Canada (GGC) celebrate the incorporation of the Competition Act amendment in the 2023 Fall Economic Statement, a move aimed at bolstering the right to repair for grain farmers. “Enabling growers to access essential tools and software for maintaining their equipment, such as tractors and combines, will foster a more equitable landscape between manufacturers and consumers,
Signs of economic slowdown are growing, and Canadian banks could add more evidence this upcoming week. The Big Six banks are set to report fourth quarter results that analysts expect to show lower earnings, more money set aside to cover bad loans, and hints of rising mortgage strain. The results come as economic growth has rolled to a near standstill over the last several months, the engine stalled after the Bank of Canada raised its key interest rate to five per cent. Higher borrowing...
The collaboration between us and our allies will strengthen the global supply chain, stimulate investments, and even promote hard transitions towards environmental sustainability “Exonomic security is national security.” This was rightly expressed by no less than President Ferdinand Marcos Jr. in a policy statement he delivered last May in Washington, DC. The President said, “We
Israel’s war with Hamas is costing it some $300 million a day.