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151. Cyprus resolute on natural gas plans despite geopolitical reactions

Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....

152. Turkey's illegal Navtex sparks outcry as Cyprus government responds

The new Navtex issued by Turkey is illegal, Government Spokesperson Konstantinos Letymbiotis, told CNA on Monday, stressing that the national airspace, FIR and maritime area are the responsibility of the authorities of the Republic of Cyprus....

153. May 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....

154. Energean unveils ambitious plans for Israeli gas exploitation

Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....

155. Moscow accuses Kyiv of trying to assassinate Putin

President Vladimir Putin's office reported that Ukraine carried out two drone attacks overnight with the intention of hitting the Russian President's Kremlin residence....

156. MINTHIS Spa wins a Gold Award in Cyprus Tourism Awards

We are proud to announce that MINTHIS and its world-class destination Spa has won a prestigious award at the Cyprus Tourism Awards 2022. ...

157. Whistleblower suspicious of Biden's Cyprus trip in 2014

A former White House stenographer is accusing US President Joe Biden of committing crimes a decade ago in connection with Ukraine and Cypriot-registered gas company Burisma, while also raising suspicions over a private dinner in Limassol back in 2014...

158. Pre-book your security check at Schiphol airport and avoid long queues

Schiphol Airport has announced that passengers can now go through the security check at a time of their choice by simply reserving a time slot before departure....

159. 'Almost Alice': A magical new twist on Wonderland!

Once upon a time, there was a driven and focused 16-year-old student named Alice who found herself in detention at The Senior School in Nicosia. ...

160. Newly appointed presidential advisors to work pro bono

President Nikos Christodoulidis has appointed two new special advisors to his team to help with economic affairs and crisis management, respectively....

161. New Jersey and Cyprus armies tie the knot

Cyprus and US relations have never been stronger, Minister of Defence of the Republic of Cyprus Michalis Giorgallas has stressed during the signing ceremony of a State Partnership Program between the Republic of Cyprus and the New Jersey National Guard...

162. High prices continue to plague the market

163. Saturday's blackout caused by increase in renewable energy usage

Sotos Savva, president of the Association of Scientific Power Generation AHK (SEPAIK), linked problems caused by the increased use of renewable energy sources, particularly the majority of photovoltaic panels, to Saturday's 15-minute power outage across Cyprus....

164. UBS steps in to buy rival Credit Suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

165. Italy weighs in as Cypriot fund goes after Lukoil plant

An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...

166. March Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

167. Banks around the world feel force of SVB fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

168. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

169. Afghan women protest ban on female education

Young Afghan women gathered outside Kabul University on Monday to protest the ruling Taliban’s ban on female education as their male peers returned to school for a new academic year and the United Nations heard the restriction may amount to a crime against humanity....

170. Parisian opera house that inspired ‘Phantom of the Opera’ becomes an Airbnb

For a limited time only, a Parisian opera house box seat typically reserved for visiting dignitaries is being transformed into an Airbnb and priced for the ridiculously reasonable €37 per night....

171. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

172. EC: Tiktok banned on government issued phones

The European Union's executive branch said Thursday that it has temporarily banned TikTok from phones used by employees as a cybersecurity measure, reflecting widening worries from Western officials over the Chinese-owned video-sharing app. ...

173. 2023 will be the year banks dole out dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

174. Lagarde announces a new interest rate hike in March

European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....

175. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

176. Cyprus launches campaign for earthquake victims

Cyprus’ Commissioner for the Citizen announced on Wednesday a campaign for the collection of humanitarian aid for the people affected by the deadly earthquake in Syria and Turkey, which will run between February 9 and 17...

177. 'Buy Nothing Project' gaining ground worldwide

It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...

178. US looking for wreckage of a possible Chinese spy balloon

US Navy divers are working to recover the wreckage of the Chinese surveillance balloon that was shot down off the coast of South Carolina....

179. Interest rates in Cyprus continues its steady rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

180. Banks are revising lending rates

Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...