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61. Israeli-Hamas war puts Cyprus and Egypt at forefront of credit risks

Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....

62. 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....

63. October Newsletter of K. Treppides & Co Ltd: ESMA

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. ...

64. Inflation fears and green investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

65. Moody's double upgrade ignites investor interest

Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....

66. Cyprus banks' net interest income doubles amid ECB rate hikes

The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....

67. Bank of Cyprus woos investors at London conference

Last week, the Bank of Cyprus launched a series of engagements with investors, with a particular focus on attracting new stakeholders. This initiative took place during the BofA Merrill Lynch conference, notably at the Annual Financials CEO Conference held in London from last Tuesday to Thursday. ...

68. SYPRODAT and Government join forces to end non-performing loans

Finance Minister Makis Keravnos expressed satisfaction with the progress made in divestments and the reduction of non-performing loans (NPLs) during a meeting at the Ministry of Finance with SYPRODAT President Costas Melas and Association Director Jenny Papacharalambous....

69. Fontainebleau's $3.7 billion Vegas resort finally opens

After an arduous 23-year journey, real estate magnate Jeffrey Soffer is finally realizing his dream. On December 13, the Florida-based developer will unveil his latest masterpiece in Las Vegas—a stunning $3.7 billion resort boasting seven exquisite pools, an impressive array of 36 restaurants and bars, and an exclusive rooftop club that offers breathtaking skyline vistas....

70. Cypriot bonds dive as ECB battles inflation surge

The value of Cypriot bonds held by the Eurosystem has dipped below €7 billion as the European Central Bank takes measures to combat inflation. ...

71. King Charles III pays tribute to Queen Elizabeth II on first anniversary of her passing

The King has remembered his late mother's "devoted service" and "all she meant" to the country on the first anniversary of her death....

72. 56-year-old faces court for allegedly killing dog

A 56-year-old man was let out on parole after being accused of killing a dog with a trap....

73. China's $10 trillion hidden debt

For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....

74. Trump agrees to Georgia surrender for 2020 election case

Former U.S. President Donald Trump plans to surrender on Thursday in Atlanta in connection with his indictment in Georgia on charges he sought to overturn his 2020 election loss in the state, he said on social media on Monday....

75. World's priciest cocktail at just under $19,000 comes with a diamond twist

The 'Diamonds Are Forever Martini' is the world's most expensive cocktail, sold at a staggering $18,963.82 (£14,876.17)....

76. Embracing digital opportunities for stronger bonds

Digitalization can be a powerful mechanism that brings Greek Cypriots and Turkish Cypriots closer together, provided that incentives are given. ...

77. Growing up in refugee camps

The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....

78. Experts confront the menace of feline coronavirus

79. Global economy faces $590 trillion storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

80. Shanghai students do it Greek style

In the age of digital society and social media, a viral TikTok video has the power to transform lives and introduce an unexpected culture to the world. ...

81. USA: Well-known soccer coach accused of raping boys

Videos of the rapes of 10 unconscious boys were found on the cellphone of a Tennessee soccer coach after he left it behind at a restaurant, police said Sunday....

82. Approval of additional budget at risk due to parking problems

The approval of the first supplementary budget for 2023, amounting to 361 million euros, may face obstacles due to the lack of adequate parking spaces at the new Ministry of Labor building....

83. Horse saved from deep pit in Italy

In a remarkable rescue operation, a horse was saved from peril after being trapped in a deep pit in Lazio, central Italy....

84. Cyprus appoints new ambassador to Denmark

On June 9, 2023, a significant event took place as Mr. James Kirakosian, the Ambassador of the Republic of Cyprus to Denmark, officially presented his credentials to Her Majesty Queen Margrethe II of Denmark....

85. Turkish consulate in Shusha sends a message to Armenia

Turkish President Recep Tayyip Erdogan has said his country is ready to open a consulate in Shusha, a city that Azerbaijan took from Armenian forces in a war in 2020....

86. French President honors Cypriot doctor for cancer research

French President Emanuel Macron awarded Cypriot doctor Dr. Loizos G. Loizou with the National Order of Merit of France. ...

87. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

88. Nicosia looks forward to hosting next 3+1 summit

During a reception held by the Embassy of Israel in Nicosia to commemorate Israel's 75th independence anniversary, Cyprus's Defense Minister, Michalis Giorgallas, expressed that Nicosia eagerly looks forward to hosting the next political level 3+1 meeting involving Cyprus, Greece, Israel, and the USA before the year's end. Additionally, Cyprus plans to host the 9th Cyprus, Greece, and Israel Trilateral Summit in 2023....

89. Legendary rock icon Tina Turner dead at 83

Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83....

90. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...