The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group commands considerable influence in almost everything that happens in Lebanon, from politics to the economy and national defence. Apart from securing vast amounts … Read more
Secretary of State Anthony Blinken said the U.S.-Cyprus partnership is growing stronger, deeper and broader, and that Cyprus is “an important player in the region and a partnership for the United States that we deeply value.” A bilateral agreement was also signed bringing Cyprus closer to being included in the visa waiver programme for entry … Read more
By Naeem Aslam European and US futures are trading with extreme caution on Wednesday as traders are reluctant to make any big moves ahead of two important events. Observing the day’s price action reveals a tense atmosphere, because the US CPI report and the Fed’s monetary policy decision, followed by their press conference, are … Read more
Italy were crowned European under 17 champions after beating Portugal 3-0 in front of a bumper crowd of 7,120 at the Limassol Arena on Wednesday night.The Azzurri started like a house on fire, spurred on by a large Italian fan contingent populating much of the end behind the goal they were defending in the first … Read more
USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace wage growth. The data will make it harder for the Bank of Japan to normalise policy, as it hopes to lift the bank’s … Read more
More than 500 Palestinians have been killed by Israeli security forces and Jewish settlers in the occupied West Bank since last year’s Israel-Hamas conflict. The United Nations human rights office condemned Israel’s use of force in the territory and the denial of medical aid. Israeli forces have cracked down in the West Bank, making thousands of arrests to prevent escalating violence. UN human rights monitors found violations of international law in the use of force by Israeli security forces, with some Palestinians killed not posing an imminent threat.
Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance is ahead in more than 300 seats in the lower house of parliament, with BJP alone leading in 255 seats.
Portugal turned a 2-1 deficit into a dramatic 3-2 victory over Serbia in the Uefa under 17 championship final.
Fact: Republican presidential candidate Donald Trump has joined TikTok, the short video social media platform owned by China-based tech giant ByteDance, ahead of the U.S. elections in November.
Countries mediating ceasefire negotiations, including Qatar, the USA, and Egypt, called on Israel and Hamas to finalize an agreement based on a plan presented by US President Joe Biden. The plan includes a three-phase approach to achieve a permanent ceasefire, with conditions such as the release of hostages and the withdrawal of troops. Israeli Prime Minister Benjamin Netanyahu stated his government’s conditions for a ceasefire, including the destruction of Hamas and the release of all hostages. Hamas responded cautiously, demanding the withdrawal of Israeli troops before agreeing to a ceasefire. Netanyahu faces pressure from both right-wing ministers and Israeli citizens demanding the return of hostages.