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12° Nicosia,
06 November, 2024
 

News Stream

What is Nicos Anastasiades afraid of?

What is Nicos Anastasiades afraid of?

According to a report written by Marina Economides and published in Kathimerini's Sunday edition, former President Nicos Anastasiades faces a challenging political landscape following his...

Putin's blackmail fails to halt green transition

Putin's blackmail fails to halt green transition

Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...

Fodder for the beasts

Fodder for the beasts

Last week, Nicos Anastasiades demanded through his lawyer the withdrawal of the books of Makarios Drousiotis, an apology and compensation....

CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....

Pillar two readiness and technology

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''). ...

Government faces backlash over officials' salary surge

Government faces backlash over officials' salary surge

In a significant move, a deal signed on July 28, 2017, not only marked the revival of the institution but also propelled the salaries of officials to new heights. ...

President Christodoulides prepares Cyprus for new sanctions unit

President Christodoulides prepares Cyprus for new sanctions unit

The Council of Ministers will shortly approve the new National Sanctions Impelmentation Unit, Cyprus President Nikos Christodoulides said on Sunday, stressing that there can be no discussion when it comes to sanctions violation and the country’s image abroad. ...

European Parliament honors Navalny amidst food inflation

European Parliament honors Navalny amidst food inflation

The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......

Cyprus banks push for green standards with ESG certification

Cyprus banks push for green standards with ESG certification

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria. ...

Cloudy skies and light winds

Cloudy skies and light winds

Today, expect occasional light dust particles lingering in the atmosphere following the dispersal of local fog and low clouds. ...

Crisis looms over vital energy project in Cyprus

Crisis looms over vital energy project in Cyprus

In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....

Cyprus: The new epicenter of U.S. military strategy in the Mediterranean

Cyprus: The new epicenter of U.S. military strategy in the Mediterranean

In a significant development, the United States and Cyprus are strengthening their defense and security ties, marking a shift in the geopolitical landscape of the Eastern Mediterranean. ...

Meet the world's biggest anaconda: Discovered in the Amazon at 26ft

Meet the world's biggest anaconda: Discovered in the Amazon at 26ft

In a jaw-dropping discovery, the world's largest snake has been unearthed in the depths of the Amazon Rainforest....

Cyprus unveils plans for world's first virtual dance museum

Cyprus unveils plans for world's first virtual dance museum

In the heart of ancient Nicosia, Cyprus, a team of innovative professors and research scientists is making waves in the world of virtual dance. Nestled near the city's medieval wall, they are crafting the largest database of 3D dancers, aiming to establish the world's first virtual museum of dance....

Arizona, CY exhibition to unveil Cyprus-America connections

Arizona, CY exhibition to unveil Cyprus-America connections

Art Seen Gallery in Nicosia is thrilled to present "Arizona, CY," a captivating solo exhibition by Nicos Philippou and Marilena Zackheos. The exhibition, curated by Maria Stathi, will run from March 1st to April 4th, 2024....

Cyprus Sunshine Cup races back into international spotlight

Cyprus Sunshine Cup races back into international spotlight

Cyprus Sunshine Cup is re-introduced on the calendar of the International Cycling Union (UCI- Union Cycliste Internationale) and Deputy Minister of Tourism Kostas Koumis has pledged that he will do his utmosτ for the Cup to regain its ''old glory.''...

Germany legalizes limited cannabis use, joining global trend

Germany legalizes limited cannabis use, joining global trend

Germany passed a law on Friday legalizing the cultivation and possession of limited amounts of cannabis, joining a small group of countries and jurisdictions that have taken similar steps....

USA: Florida passes bill banning minors from social media platforms

USA: Florida passes bill banning minors from social media platforms

In a bid to combat rising concerns over child safety, the Florida House and Senate approved a bill imposing one of the nation's strictest bans on social media use by minors under 16. ...

How Cyprus golden visa attracts investors from around the world

How Cyprus golden visa attracts investors from around the world

Investing in Cyprus isn't just about property, it's about embracing a lifestyle bathed in Mediterranean sunshine and reaping the rewards of strategic investment....

Minister Dendias pilots F-16 viper over Aegean

Minister Dendias pilots F-16 viper over Aegean

Defense Minister Nikos Dendias flew over the Aegean Sea on Friday in an F-16 Viper from the 340 Squadron, which is part of the Hellenic Air Force’s 115th Combat Wing. He was accompanied by a formation of F-16 Viper jets....

Cyprus sees an 18.2% rise in crime cases in 2022

Cyprus sees an 18.2% rise in crime cases in 2022

The number of true crime cases reported to the Police rose by 18.2% in Cyprus in 2022, with the Crime Index expressed in 100,000 inhabitants rising to 584 from 501 in 2021 and 482 the year before. ...

U.S. unleashes over 500 new sanctions on Russia

U.S. unleashes over 500 new sanctions on Russia

In a bid to escalate pressure on Moscow on the second anniversary of its war in Ukraine, U.S. President Joe Biden unveiled a series of measures, including more than 500 new sanctions targeting Russia....

Cyprus plays key role in EU's operation ASPIDES

Cyprus plays key role in EU's operation ASPIDES

In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...

Minister vows to solve prison overcrowding by 2026

Minister vows to solve prison overcrowding by 2026

Justice and Public Order Minister Marios Hartsiotis said on Friday he expects a significant reduction in prison overcrowding after the construction of the new Central Prison building, to be completed in 2026 according to schedule....

Employers face legal action if menopausal women's needs ignored

Employers face legal action if menopausal women's needs ignored

In a bid to address workplace challenges faced by menopausal women, the Equality and Human Rights Commission (EHRC) has issued guidance asserting that employers may face legal consequences if they fail to make ''reasonable adjustments.''...

Deloitte Academy's impact spreads from Cyprus to Kenya

Deloitte Academy's impact spreads from Cyprus to Kenya

The Head of Deloitte Academy, Christina Themistocleous, travelled to Nairobi, Kenya with the goal to offer voluntary work and help students achieve their ambitions and reach their full potential....

Greece to bring in 40,000 workers from six countries

Greece to bring in 40,000 workers from six countries

Prime Minister Kyriakos Mitsotakis announced on Thursday that Greece is on the cusp of a migration agreement with India to bring in unskilled and skilled workers to the country to be employed in the agricultural, construction and tourism sectors....

Asylum appeals in Cyprus skyrocket to 472%

Asylum appeals in Cyprus skyrocket to 472%

A dramatic increase of 472% in appeals before the Administrative Court of International Protection by asylum seekers and foreigners has been reported between 2020 and 2023,...

SAFE BULKERS Inc launches deck officer training scholarship program

SAFE BULKERS Inc launches deck officer training scholarship program

In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....

Deadline approaches for vehicle registration renewal

Deadline approaches for vehicle registration renewal

Cyprus residents are reminded that the deadline for renewing vehicle registration permits for 2024 is fast approaching. The renewal period, which began on January 4, will conclude on March 11 at midnight. ...

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