The EURUSD currency pair remains in a tight range above the round-level support of 1.0900 on Monday as it struggles for direction. Investors look for fresh cues at the start of a busy data week that will likely indicate how much the Federal Reserve will cut interest rates in September. For fresh interest rate cues, … Read more
The far-right party ELAM has gained significant political space in Cyprus, attracting voters from various parties. This rise of the far-right is not just a Cypriot issue but a European and international phenomenon. The far-right thrives on crises and social inequalities, offering what seems like an attractive alternative to traditional parties. Despite some missteps, ELAM continues to influence public discussions and set the agenda, posing a potential nightmare for other parties and society as a whole. The focus should be on countering the far-right through effective policies and addressing pressing issues to prevent the normalization of fascism.
The rise of the far-right is becoming normalized in Cyprus and beyond, with political parties adopting its rhetoric in an attempt to tame it. This normalization is not exclusive to Cyprus or Greece, as far-right parties are gaining power in countries like Italy, Hungary, France, the Netherlands, Germany, Portugal, Spain, Romania, Slovakia, Czechia, Belgium, the USA, and Argentina. The far-right’s communication skills and appeal in a conspiracy-obsessed society are contributing to its success, raising concerns about a return to pseudo-eugenic and misanthropic theories reminiscent of the Middle Ages.