Cyprus

Seaborne aid reaches Gaza population – POLITICO

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Seaborne aid reaches Gaza population – POLITICO

The food travelled 200 kilometers by sea from Larnaca to a makeshift jetty off Gaza, arriving Friday. A convoy of eight trucks from the World Food Programme brought the aid to its final destination. The Cyprus government said a second vessel, Jennifer, loaded with some 500 metric tons of aid is ready to leave Cyprus … Read more

Euro-Zone Economy: Disinflation Will Hasten Rate Cuts From the ECB

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Euro-Zone Economy: Disinflation Will Hasten Rate Cuts From the ECB

European inflation is falling faster than the European Central Bank had expected, slowing to a 2.4% annual pace in November after peaking at 10.6% in October 2022. The central bank will struggle to insist on its “higher for longer” interest-rate stance if the euro-area economy continues to weaken even as consumer price increases ebb. Significantly, … Read more