Bid to reunite Europe’s last divided capital – Europe – Al Jazeera English.
- Cyprus says no talks while Turkish ships go up a challenge on finding gas into the Cypriot EEZ.
Media reported that Cyprus’s president vowed on January the 5th to not resume peace talks with the North part of Cyprus occupied by Turkey as long as Turkish ships remained off the island, threatening its right to explore fornatural gas offshore (Reuters).
Turkey, which supports a breakaway state in northern Cyprus, dispatched a research vessel to the south of the island late last year while companies commissioned by the internationally recognized government explored offshore.
Continue reading Bid to reunite Europe’s last divided capital with it’s open to doubt economy
US and European equity markets continue to fall as a consequence of another drop in oil prices, fears of financial instability in Europe over Greek debt and the signs that global deflationary pressures are rising.
Currency markets instability occurs as the US dollar hit a nine-year high against a basket of currencies, while the euro touched a nine-year low, amid concerns over whether the Greek election, to be held on January 25, would spark political instability if the opposition SYRIZA coalition were to win.
Continue reading Greek possible Grexit and Crude Oil’s fall drive the markets crazy : Analysis