https://knews.kathimerini.com.cy/en/news/financial-turmoil-hits-turkish-cypriots
Serious side effects from the lira's plunge–Basic food products are becoming more expensive
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https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....
https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar
The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....
https://knews.kathimerini.com.cy/en/news/turkish-lira-blows-through-15-to-dollar-ahead-of-rate-decision
The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....
https://knews.kathimerini.com.cy/en/news/clarifications-min-health-for-the-new-measures-the-exceptions-for-telework
In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....
https://knews.kathimerini.com.cy/en/comment/opinion/the-cost-of-erdogan-s-behavior
Driven by arrogance and his neo-Ottoman ambitions, Recep Tayyip Erdogan behaves as if Turkey is some sort of unbound superpower which is immune to criticism...
https://knews.kathimerini.com.cy/en/news/greek-us-relations-take-on-a-new-level
The renewal of the defense pact last week with the US further shields Greece from threats,...
https://knews.kathimerini.com.cy/en/comment/opinion/the-city-of-london-is-hiding-the-world-s-stolen-money
In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....
https://knews.kathimerini.com.cy/en/news/futuristic-mega-yacht-back-in-cyprus
The futuristic mega yacht owned by a Russian industrialist is drawing attention once again in Cyprus, with maritime maps showing the Sailing Yacht A anchored in Chrysochou Bay on Monday morning...
https://knews.kathimerini.com.cy/en/business/china-declares-all-cryptocurrency-transactions-illegal
China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrency
If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....
https://knews.kathimerini.com.cy/en/news/antonis-polemitis-at-digital-agenda-cyprus-summit-2020
Mr. Polemitis has two decades of experience in higher education, private equity, and software development. He has a deep understanding of global higher education, having served as a CEO, investor, board member, instructor and technology developer in the field. He has been a principal or advisor for a broad range of corporate financings in the United States, Europe, Latin America and India, ranging from multi-billion dollar industrial buyouts to early stage venture capital. He has also led the development of high-scale cloud-based technology platforms in multiple industries....
https://knews.kathimerini.com.cy/en/news/mixed-reviews-for-cyprus-anti-money-laundering
A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...
https://knews.kathimerini.com.cy/en/news/turkish-clothes-makers-see-orders-shifting-from-coronavirus-hit-china
Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-off-costly-crisis-loan-early
The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...
https://knews.kathimerini.com.cy/en/business/how-will-digital-shape-your-future
As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...
https://knews.kathimerini.com.cy/en/news/murder-suspect-wanted-north-arrested-south
The alleged mastermind behind the murder of a Turkish Cypriot businessman in the north was reportedly injured in the south while trying to evade arrest by Greek Cypriot police...
https://knews.kathimerini.com.cy/en/news/as-prospect-of-election-looms-mps-begin-no-deal-brexit-battle
UK lawmakers will decide on Tuesday whether to shunt Britain towards a snap election when they vote on the first stage of their plan to block Prime Minister Boris Johnson from pursuing a no-deal Brexit.
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https://knews.kathimerini.com.cy/en/news/south-hands-over-another-suspect-to-north
Another murder suspect wanted in the north in the murder of a Nicosia businessman has been handed over to Turkish Cypriot authorities, as anti-crime cooperation between the two communities continues...
https://knews.kathimerini.com.cy/en/news/waters-summer-mission-reaches-cyprus
California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...
https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/south-hands-over-murder-suspect-to-north
Another murder suspect is in police custody in the north in connection with the murder of a Turkish Cypriot businessman, after Greek Cypriot police handed Azmad Ali Virk over to UN officials...
https://knews.kathimerini.com.cy/en/news/trump-s-yuan-move-makes-a-china-deal-much-harder
The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...
https://knews.kathimerini.com.cy/en/news/first-parts-of-russian-s-400-system-delivered-to-turkey
Turkey’s purchase of the Russian defense systems, which Washington says are not compatible with NATO’s defense network, is one of a series of issues which have put the allies at odds.
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https://knews.kathimerini.com.cy/en/news/cyprus-one-of-the-success-stories-of-esm
https://knews.kathimerini.com.cy/en/business/dbrs-reaffirms-cyprus-s-rating
https://knews.kathimerini.com.cy/en/news/erdogan-pays-electoral-price-for-turkey-s-tumbling-economy
https://knews.kathimerini.com.cy/en/news/two-still-wanted-in-north-nicosia-murder
Police in the north are still on a manhunt in the murder of businessman Gokhan Naim last week, with two suspects already in custody and two others believed to have fled south...
https://knews.kathimerini.com.cy/en/news/businessman-gunned-down-in-north-nicosia
A local businessman in the north was gunned down on Wednesday with reports speculating the killers possibly fled to the south with half a million in cash...
https://knews.kathimerini.com.cy/en/news/drug-dealer-s-home-was-a-drive-through-fortress
Police are learning more about the residence of a male suspect in custody, who turned his home into an impenetrable fortress and a drive-through drug retailer...