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1. Brexit leads to sharp decline in EU students at UK universities

The number of students from the European Union enrolling in British universities has dropped sharply since Brexit, new figures show. There are fewer students from Italy, Germany, and France coming to study in the UK....

2. Energy minister and finance minister clash over Cyprus' energy future

The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....

3. Russian industrial giants warn of bankruptcy amid sanctions impact

More than 20 major Russian industrial companies, including those in the construction, automotive, and household appliance sectors, have warned they are on the brink of bankruptcy and could halt operations. In a letter to Anton Alikhanov......

4. FT: China set to hit PwC with record penalty amid Evergrande fallout

PwC China has informed its clients that it expects Chinese authorities to impose a six-month business ban starting as early as September, following its audit of the now-collapsed property developer Evergrande....

5. Suez Canal blockage and South China sea clashes threaten global trade

Although the pandemic-induced disruptions in global supply chains have eased and water flow in the Panama Canal has improved, new threats to international trade have emerged....

6. Global uncertainty looms as Biden's final months approach

Five months remain until the next US president is sworn in. Five very fluid and dangerous months. Everyone knows that President Joe Biden is on his way out. His power and influence are waning with each passing day....

7. Why we failed as a country

In July, the resilience of Cypriot society was tested once again as it faced yet another challenge, underscoring its entrapment in heavy fuel oil. This entrapment translates into an annual fine of €200 million due to emissions. ...

8. Ships collide in disputed waters, China blames Philippines

9. WHO declares Mpox outbreak in Africa a global health emergency

Danish biotech company Bavarian Nordic announced Friday that it has submitted data to the European Union’s drug regulator, seeking approval to expand the use of its mpox (formerly monkeypox) vaccine to adolescents aged 12 to 17....

10. Cyprus and China lock horns over Vasilikos issues

Apostolos Tomaras writes in this Sunday's Kathimerini that negotiations between Cyprus and the Chinese consortium over the "PROMETHEAS" ship, currently in Shanghai, have become a contentious issue as Cyprus seeks to gain control of the vessel. ...

11. EU demands Cyprus return €101M in energy project funds

The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....

12. Cyprus' Vasilikos gas terminal project fails after 20 years

Cyprus has faced a protracted and troubled effort to introduce natural gas to its internal market for electricity generation over the past two decades. ...

13. Boxer Imane Khelif one win away from Olympic Gold

Algerian boxer Imane Khelif moved one step closer to a historic gold medal in the women’s welterweight division at the Paris Olympics on Tuesday night, defeating Thailand's Janjaem Suwannapheng 5-0 in the semifinals. ...

14. Cyprus could face financial strain over Vasilikos debacle

The abandonment of the Vasilikos terminal project by a Chinese consortium has triggered a cascade of financial and operational challenges for Cyprus, with substantial implications for state finances and energy infrastructure....

15. Driverless taxis cause traffic chaos in China

Hundreds of driverless robotaxis from Chinese tech giant Baidu are causing traffic mayhem in Wuhan. ...

16. Former Ministers to pay fines after Interconnector tax probe

Fines and fees for former officials linked to Interconnector companies....

17. Uber to add 100,000 electric cars to its global fleet

Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....

18. Vasilikos: Cyprus political figures and public officials to be summoned

The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....

19. Cyprus relaunches LNG terminal tender after €0.5B contract termination

Cyprus will soon launch tenders for the completion of the Liquefied Natural Gas Terminal for electricity generation, despite the termination of a €0.5 billion......

20. EU probes Vasilikos terminal over misuse of funds

The European Public Prosecutor’s Office (EPPO) has launched an investigation into the liquefied natural gas (LNG) import terminal project in Cyprus, citing suspicions of public procurement fraud, misuse of EU funds, and corruption. ...

21. EU Prosecutor probes Vasilikos LNG project for fraud

The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption. ...

22. EU reviews impact of Chinese exit from Vasilikos' LNG terminal

The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....

23. Vasilikos LNG terminal to proceed despite challenges, says President

The liquefied natural gas terminal project in Vasilikos will be implemented, Cyprus President, Nikos Christodoulides, said on Monday, noting that the project should never have been assigned to the Chinese CPP-METRON Consortium Ltd....

24. Philippines secures China approval for ship supplies

The Philippines announced it has reached an understanding with China regarding resupply missions to the beached Filipino naval ship, the BRP Sierra Madre, a significant flashpoint in the South China Sea....

25. ETYFA receives unfinished Vasilikos Terminal, plans to complete by 2025

The government is on a countdown following the termination of the contract for the construction of Terminal F.P. at Vasilikos by the CPP-METRON CONSORTIUM LTD....

26. Turmoil at Vasilikos as Chinese consortium pulls out, terminal project in limbo

The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...

27. ETYFA criticizes consortium for failing Vasilikos project

The Natural Gas Infrastructure Company of Cyprus (ETYFA) expressed deep frustration and disappointment on Friday, confirming that the consortium contracted for the Vasilikos project is not only unwilling but also unable to complete the work....

28. Jamie Dimon eyed for treasury secretary by Trump

Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....

29. Legal challenges mount over Vasilikos Terminal abandonment

Cyprus is preparing for significant changes in its energy sector following the formal termination of the contract between the Natural Gas Infrastructure......

30. Cyprus faces financial hit as Chinese consortium exits energy project

Following the public admission by Energy Minister George Papaconstantinou, the agreed separation between Cyprus' Natural Gas Infrastructure Company (ETYFA) and the Chinese consortium CPP-METRON Consortium Ltd (CMC Ltd) is imminent, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....