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1. European Commission flags trade risks for Cyprus economy

The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......

2. How rising costs are changing social lives

Katerina P. has a job that brings in around 1,500 euros a month....

3. Japanese city on high alert for toxic cat

Residents in Fukuyama, Japan, are on high alert after a cat went missing following a potentially hazardous encounter with toxic chemicals. The ordeal unfolded at a metal plating plant, ...

4. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

5. Popular breakfast cereals infused with fertility-linked pesticide

In a recent study conducted by the Environmental Working Group (EWG), it has been revealed that an obscure pesticide called chlormequat, which is linked to infertility in animals,...

6. Cyprus' EU-Turkey relations: What comes next?

Cyprus stands firm in its commitment to engage with Turkey within the European Union framework. However, it seeks to steer this engagement strategically to align with its national interests....

7. Pet owner contracts bubonic plague from cat

In a rare occurrence, a pet owner in Oregon has contracted the bubonic plague from their cat, marking a concerning instance of the potentially fatal disease emerging in the United States, according to local authorities. ...

8. Health officials warn of rising strep infections – What you need to know

In response to the increasing cases of Group A Streptococcus, the Medical and Public Health Services of the Ministry of Health have issued a public advisory outlining crucial information about the bacteria and the necessary protective measures....

9. February Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

10. Forty percent of global jobs face disruption because of AI

Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....

11. Highly infectious bird flu threatens seals in Antarctica

Scientists are on high alert as a virus shows ominous signs of moving between birds and mammals, sparking concerns of potential mutations in 'spillover events.'...

12. Eerie 'witch bottles' surface along gulf of Mexico

Jace Tunnell, a researcher, has stumbled upon eight enigmatic 'witch bottles' along the Gulf of Mexico since 2017, some adorned with barnacles from prolonged ocean exposure....

13. The complex effects of screens on kids' brain functions

In a comprehensive study spanning 23 years and involving over 30,000 children under 12, researchers discovered that prolonged screen exposure induces significant changes in various brain regions....

14. Cyprus gets BBB+ boost in latest ratings, but challenges persist

The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...

15. Turkey pardoning is as American as apple pie

Continuing a tradition that dates back to 1947, President Joe Biden celebrated his 81st birthday on Monday by pardoning two turkeys, Liberty and Bell. ...

16. Hellenic Bank rakes in €240.7M in 2023's first 9 months

Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....

17. Fitch upgrades Hellenic's long-term rating to ''BB+'' with stable outlook

In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...

18. Bedbug infestation sparks unusual scene in the City of Lights

A video has surfaced showing multiple mattresses piled up and littering a street in Paris, France, amid a current bedbug infestation....

19. Cyprus banks secure Moody's upgrade to investment status

After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....

20. Moody's boosts Bank of Cyprus and Hellenic Bank ratings to Baa2

Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....

21. Europe grapples with alarming air pollution crisis

Europe is currently in the throes of a severe public health emergency, marked by dangerously high levels of air pollution prevalent across nearly all regions of the continent. ...

22. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

23. Two Blue Horizon ferry crew members jailed in passenger's death case

Two of the four crew members of the Blue Horizon ferry arrested for their involvement in the death of a passenger were jailed until their trial early Monday morning, after testifying before an investigative magistrate....

24. Hungary's orban government outlaws 'LGBT Propaganda' to protect youth

Orban's government banned 'LGBT propaganda' by claiming to protect young generations from amoral content....

25. Japan to release treated radioactive water from Fukushima plant

After months of controversy and anticipation, Japan is set to begin releasing treated radioactive wastewater from its Fukushima nuclear plant later this week despite fierce objections from some countries....

26. Energy gamble or gain? Cyprus' big plans under scrutiny

The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...

27. Hunting rules go digital. Is it game over for tradition?

As hunters gear up for the start of game hunting in Cyprus this Sunday, the Game and Wildlife Service has released a comprehensive set of guidelines to ensure a safe and compliant hunting experience. ...

28. Double warning for severe heatwave

As a scorching heatwave tightens its grip on the region, local authorities are taking precautionary measures to ensure the safety and well-being of residents. ...

29. Outdoor work suspended amid heat wave

The Labor Inspection Department has issued a directive mandating the suspension of all heavy and medium outdoor work, as well as activities involving the transportation or delivery of goods using two-wheeled vehicles or personal mobility devices, due to the ongoing heat wave....

30. BOC reports €220 million profit for first half of 2023

Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....