Cyprus Prepares Economic Scenarios As Iran Conflict Raises Risks

by THEFUTURE.TEAM

March 20, 2026

Cyprus Finance Minister Makis Keravnos said the ministry is preparing multiple scenarios to address potential economic effects linked to the ongoing conflict involving Iran. Work focuses on assessing risks to inflation, energy costs, and broader economic activity.

Monitoring Developments In A Complex Regional Landscape

Keravnos said the ministry is monitoring developments and preparing responses based on evolving conditions. Measures remain under review as authorities assess potential economic impact.

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Adaptive Policy Measures Under Consideration

Speaking after a meeting with Edek President Nikos Anastasiou, Keravnos said the ministry is evaluating a range of policy options. “At this moment, the finance ministry is processing scenarios, and we are monitoring developments,” he said. Questions were raised about possible fuel tax reductions, but Keravnos said no decisions have been made. “The measures have not yet been specified, but we are processing various scenarios,” he said.

Leveraging Experience In Crisis Management

Keravnos said the ministry is using previous experience from managing economic risks, including responses to regional conflicts. Monitoring and early policy planning have been part of the ministry’s approach over the past two years. Ongoing measures addressing cost-of-living pressures remain in place and form part of the current response framework.

An Evolving Response Strategy

Government response will depend on how the situation develops. Policy measures are expected to focus on supporting households and businesses while managing fiscal impact. The approach is based on monitoring data and adjusting policy tools as conditions change.

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Apple Schedules October 28 Event As Focus Shifts To Pro Devices And Macs

by THEFUTURE.TEAM

October 20, 2026

Apple has invited media and analysts to an event in Los Angeles on October 28, signalling a new product launch focused on its high-end devices. The company described the gathering as an “Apple Experience in Los Angeles”, accompanied by the teaser line “Pro and tell”.

The wording suggests a focus on professional-grade products, potentially powered by Apple’s latest in-house chips. The event also comes as the company appears to be moving towards a more frequent product launch schedule under chief executive John Ternus.

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A More Aggressive Launch Rhythm

Ben Reitzes, an analyst at Melius Research, said in a Monday note that he expects Apple to unveil new Macs this autumn, including what he described as a touchscreen notebook. He also suggested that Ternus is introducing a “meaningful shift” from the two major annual events that characterised the Tim Cook era.

The October showcase will be Apple’s third product event under Ternus, who succeeded Cook last month. Previous launches included new iPhones, among them the foldable Duo, as well as a separate New York event focused on smart home hubs and HomeView, a screen-equipped speaker.

Macs Move Back Into Focus

Apple refreshed the Mac Mini and Mac Studio with new chips in August and updated the MacBook Pro in the spring, alongside the lower-priced MacBook Neo. The iMac, however, has not received an update since October 2024, leaving room for further announcements.

Mac revenue accounted for roughly 10% of Apple’s total sales in the most recent quarter, highlighting the iPhone’s continued importance to the business. Nevertheless, Macs have become one of the company’s stronger assets in artificial intelligence, partly because their chips can access more memory at higher speeds than many consumer processors.

AI Partnerships Add Strategic Significance

Apple’s Mac strategy is gaining importance as the company develops its artificial intelligence offering. Last week, Apple and Meta announced a partnership to bring a large open-weight model developed by Meta to multiple high-end Mac Studio systems.

A potential move towards touchscreen laptops would also mark a departure from Apple’s historical position. In 2018, software chief Craig Federighi argued that the ergonomics of touchscreen laptops could fatigue users, reflecting the company’s long-standing resistance to the format.

Apple shares have risen 26% this year, outperforming the S&P 500 as investors continue to respond to the company’s hardware margins and evolving AI strategy.

The October 28 event will provide another indication of how Ternus plans to reshape Apple’s product cycle and position its premium devices in an increasingly competitive technology market.

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