Financial Mirror

Cyprus business news & solutions provider, est. 1993 #FMcy

[NikosChristodoulides @Christodulides]

The Republic of Cyprus, a sovereign, equal and independent UN Member State, comes to Antalya with a clear message: the climate crisis demands political leadership, collective responsibility and, above all, decisive action.

The success of COP 31 must be measured by the effectiveness of our actions on the ground. Let us make Antalya a turning point: from ambition to implementation, and from shared challenges to shared opportunities.

The climate crisis knows no borders. Our response must know no divisions. Let us act together to secure a safer future for all.

🇨🇾🇺🇳
#cop31

[UN Cyprus @UN_CYPRUS]

UN Press Statement

09 November 2026, Nicosia – The Greek Cypriot leader Nikos Christodoulides and the Turkish Cypriot leader Tufan Erhürman held a positive meeting today under the auspices of the @UN Personal Envoy, María Ángela Holguín, in the United Nations Protected Area.

The two leaders continued their discussion on confidence building measures, methodology and substance.

They have agreed to the opening of crossing points at Louroujina/Akıncılar to Lympia/Limya and Kampos/Kambo to Karavostasi/Gemikonağı, which will be opened simultaneously.

Read full statement: https://t.co/IdmgM3fqiW

[Financial Mirror @FinancialMirror]

The outcome in #midterm #elections was exacerbated by unauthorised economic and military wars that saw #energy prices skyrocket and hurt living standard of ordinary Americans, contrary to pre-election promises that they would be tired of winning.
https://t.co/ZaC2HrMo5x

[Financial Mirror @FinancialMirror]

“#Inflation is climbing. Fuel costs jumped because of #MiddleEast conflict, #BankofEngland’s own projections have inflation pushing above 4% next year,” warned @deveregroup’s CEO @nigeljgreen “and a second #raterise at 17 Dec meeting is more likely.”
https://t.co/monAP4BMP1

[Financial Mirror @FinancialMirror]

.@MOTHERWlTCH , the #Cyprus #gothic feature and first #horrorfilm shot entirely on the island, topped the local #boxoffice over #Halloween weekend, outperforming #Hollywood production #Clayface.
https://t.co/zgsxun7TcT @carettafilms #CyprianFilms #MinosPapas

[Financial Mirror @FinancialMirror]

“Nobody on #WallStreet expected a wave this big, there’ll be some rough sessions ahead, #AIstocks will take worst of it,” said @deveregroup’s @nigeljgreen .
“Once shock’s absorbed, #Congress and #WhiteHouse can block each other, but can’t do much else.”
https://t.co/8Aa50WJiJn

[Financial Mirror @FinancialMirror]

#WTI could rise amid geopolitical tensions, US #election shifts. Traders monitor #Iran-US & policy shifts after #Democrats capture #Congress. #Silver drops on uncertainty over future US fiscal policy, markets still price in Dec Fed #ratehike.
https://t.co/0YbBujoY9U @OANDA

[Financial Mirror @FinancialMirror]

#Treasuries likely to rally if #Democrats take House, and possibly Senate in #midterm #elections. @deveregroup CEO @nigeljgreen predicts mood will turn as Washington heads into a debt-ceiling fight in 2027 that could end with America borrowing far more.
https://t.co/HSDhF9PJ52

[Financial Mirror @FinancialMirror]

#WTI #crudeoil remains above $103.00 after hitting fresh 5-month highs at $104.00. Ongoing attacks in #StraitofHormuz increase concerns about supply disruptions. Regional powers push for #Iran peace deal, but US keeps military option on table.
https://t.co/BkbMHAJhgo @OANDA

[Financial Mirror @FinancialMirror]

.@Apple 4Q revenue expected at $113.44 bln, EPS $1.99. Will strong #iPhone sales & hi-margin services offset rising costs & supply constraints? CEO #Ternus’s 1st #earnings focus on #sustainable profitability & holiday outlook.
https://t.co/BXZwQqZAss @OANDA @oanda_tms

[UNESCO @UNESCO]

📰 Journalism plays a part.

In a world of deepfakes and disinformation, how can we distinguish facts from fiction?

Journalist and @UNESCO Goodwill Ambassador for Freedom of Expression and Journalist Safety @Amanpour reflects on why independent journalism and reliable information matter.

https://t.co/aGaTul3MyN

#GlobalMILWeek #WeAllPlayAPart

[Financial Mirror @FinancialMirror]

His defeat in 2023 election did not bring his ambitions to an end. On the contrary, @AverofCY continues to intervene in public debate, cultivate contacts across political spectrum and seek ways to reposition himself within #Cyprus political landscape.
https://t.co/SyMSvpGXTs

[Lana Nusseibeh @Lana_Nusseibeh]

Σας ευχαριστώ, Υπουργέ Εξωτερικών @ckombos και Κύπρε, για τη στήριξή σας.
Ο διάλογος και ο συμβιβασμός δεν αποτελούν αυτοσκοπό. Έχουν σημασία επειδή μπορούν να αποφέρουν απτά αποτελέσματα. Αυτό είναι το είδος της ενεργητικής διπλωματίας που θα έφερνα στη θέση του Γενικού Γραμματέα.

Thank you Foreign Minister @ckombos and Cyprus for your support.
Dialogue and compromise are not ends in themselves. They matter because they can produce practical results. That is the kind of active diplomacy I would bring to the office of Secretary-General.

[Financial Mirror @FinancialMirror]

.@DeutscheBank ’s Early Morning Reid report describes a broad risk-off session for US #equities, with S&P 500 and #NASDAQ posting worst declines in months as AI-related names and higher #crudeoil prices pressure sentiment.
https://t.co/YpGhGPLSZK @OANDA @tradingview

[Mossadil Commentary @MOSSADil]

🚨 THIS TURKEY–LIBYA STORY IS MUCH BIGGER THAN IT IS BEING TREATED

Libya’s parliament has now ratified the controversial Turkey–Libya maritime agreement, drawing an asserted maritime corridor across the Eastern Mediterranean that Greece, Cyprus and the EU say violates the sovereign rights of other states.

But look at the bigger strategic picture.

Hormuz. Bab el-Mandeb. Now the Eastern Mediterranean.

Three of the waterways and maritime approaches most critical to the movement of energy, commerce and military power are increasingly becoming arenas of confrontation involving Islamist or Iranian-aligned powers.

And this time, one of the principal actors is Turkey — a NATO member.

The Turkey–Libya agreement does not itself give Ankara the legal right to stop ships crossing the Mediterranean. But it dramatically strengthens Turkey’s claim to maritime jurisdiction across an area connecting the Turkish and Libyan coasts — directly challenging Greece and Cyprus and potentially affecting energy exploration, pipelines, undersea infrastructure and future naval freedom of action.

For Israel, this should be a strategic warning.

To our south, access through the Red Sea already depends on an increasingly contested Bab el-Mandeb.

To our west, Turkey possesses one of the strongest navies and air forces in the region and is steadily expanding its military reach in Libya.

Israel, Greece and Cyprus therefore need to think about the Eastern Mediterranean not simply as an energy partnership — but increasingly as a shared maritime-security theater.

The question is no longer only who owns the gas.

It is who will guarantee freedom of movement in the Eastern Mediterranean when the regional balance of power is tested.

[Financial Mirror @FinancialMirror]

#France faces worst civil unrest, with 550,000 protestors & 2,400 arrests, ahead of National Assembly vote on 2027 #budget. “France has gone from slow #fiscal problem to acute political one, and markets are reacting,” said @deveregroup’s @nigeljgreen
https://t.co/yryrfW2VA8

[Christiane Amanpour @amanpour]

An update from me...

[Financial Mirror @FinancialMirror]

#Cyprus relies on foreign #workers for #labour needs in construction, agriculture and delivery services, with #Indian workers helping to meet economic needs, part of a relationship that offers significant opportunities for both countries.
https://t.co/K8JXN4ElqL @IndiainCyprus

[Cyprus MFA @CyprusMFA]

Cyprus strongly condemns the latest settler attacks in the occupied West Bank against diplomats from Belgium, France and Poland, Catholic representatives and a French mayor.

We take note of the ongoing investigation by the Israeli authorities and join the calls for those responsible to be swiftly held to account.

These incidents also reflect the alarming scale of settler violence against Palestinians.

Such unacceptable acts undermine the prospects for lasting peace and stability. International law must be fully upheld.

Cyprus reaffirms its support for the two-state solution, in line with the relevant UN resolutions.

[UN Cyprus @UN_CYPRUS]

A wonderful celebration of community, connection, and coexistence at the #Pyla #Pile Peace Festival, held in the @UN #bufferzone and facilitated by @UNPOL and civilian peacekeepers. Bringing together members of both communities and local representatives, the festival highlighted the power of community engagement in building trust and strengthening relationships.

The Special Representative of the Secretary-General & Head of #UNFICYP, Khassim Diagne, attended at the invitation of Pyla's two Mukhtars, alongside both the Turkish Cypriot and Greek Cypriot leaders, reaffirming the importance of people-to-people connections and local initiatives in fostering peaceful coexistence. #A4P #InvestInPeace

📸UNFICYP/Miloš Krinert