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12° Nicosia,
02 April, 2025
 

News Stream

Fed cuts rates by 0.25%, economic activity expands steadily

Fed cuts rates by 0.25%, economic activity expands steadily

The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....

Real estate investment opportunities by AstroBank

Real estate investment opportunities by AstroBank

AstroBank has listed for sale two large houses in Nicosia and Larnaca and other real estate that is ideal for investment purposes in Nicosia, Larnaca, and Paphos....

Ankara ''closely monitors'' weapon system renewal processes

Ankara ''closely monitors'' weapon system renewal processes

The spokesperson for the Turkish Ministry of Defense stated during the weekly press briefing that Ankara is "closely monitoring" the process of renewing weapon systems....

Cyprus braces for weekend showers

Cyprus braces for weekend showers

A weak high-pressure system is currently affecting the region, but from Saturday night onwards, a weak low-pressure system is expected to temporarily impact Cyprus. ...

What Trump’s election could mean for American taxpayers

What Trump’s election could mean for American taxpayers

A Donald Trump presidential election victory would have huge implications for US trade policy......

Larnaca and Paphos airports to handle 17.5 million passengers annually

Larnaca and Paphos airports to handle 17.5 million passengers annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

Unlicensed hunter in Paphos charged with illegal firearm transport

Unlicensed hunter in Paphos charged with illegal firearm transport

A 57-year-old man was charged on Wednesday in Paphos for hunting without a license and illegally transporting a shotgun and ammunition, according to police....

Christodoulides and Erdogan hold rare talks at European Summit in Budapest

Christodoulides and Erdogan hold rare talks at European Summit in Budapest

President Nicos Christodoulides and Turkish President Tayyip Erdogan engaged in an informal meeting Thursday on the sidelines of the European Political Community (EPC) summit in Budapest....

Coffee Island enters India, sets sights on multinational growth

Coffee Island enters India, sets sights on multinational growth

Coffee Island, the popular Greek coffee chain, is making waves in the global market with its first store opening in India, set for December in New Delhi....

Greek woman swindled out of €600,000 in cryptocurrency scam on Chios

Greek woman swindled out of €600,000 in cryptocurrency scam on Chios

Police on the Greek island of Chios are investigating an elaborate online scam in which a woman was defrauded of 608,955 euros ($648,000) by two foreign nationals posing as investment company representatives....

''If you cannot manage EU law in your country, how will you manage it in the 27 states?''

''If you cannot manage EU law in your country, how will you manage it in the 27 states?''

During his hearing for the role of European Commissioner for Fisheries and Oceans, Costas Kadis was questioned by Dutch MEP Anja Hazekamp regarding the Pendakomou waste management plant issue....

Greek-American representation in congress grows with six new members

Greek-American representation in congress grows with six new members

Six Greek-Americans have been elected to the US House of Representatives in Tuesday’s presidential election, evenly representing the Democratic and Republican parties and strengthening the community’s voice in Congress by one....

Germany faces uncertainty as Scholz fires finance minister

Germany faces uncertainty as Scholz fires finance minister

Germany’s governing coalition faces a major crisis amid economic challenges and mounting political strife, as Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner and announced he will seek a parliamentary vote of confidence on January 15. If Scholz fails to secure support, Germany could see elections as early as March....

Student hands out €15K at Nicosia school

Student hands out €15K at Nicosia school

Police are investigating an unusual incident at a Nicosia high school where a student brought 15,000 euros in cash and distributed it to classmates, authorities said. ...

Extreme winds push California fires out of control

Extreme winds push California fires out of control

Fierce winds lashed California on Wednesday, feeding fast-moving wildfires that destroyed dozens of homes and forced thousands to evacuate....

''The cost of the subsidies is borne by the state, not the citizens.''

''The cost of the subsidies is borne by the state, not the citizens.''

''I am committed to lowering electricity prices,'' Minister of Energy Mr. Papanastasiou told us when he assumed office. Since then, we’ve watched in dismay as electricity prices have steadily risen, with various justifications that no longer convince anyone....

Keravnos: Trump administration offers promising prospects for US-Cyprus relations

Keravnos: Trump administration offers promising prospects for US-Cyprus relations

Cyprus’ Finance Minister, Makis Keravnos, kept a close eye on the outcome of the U.S. elections, which saw Donald Trump elected as the 47th president of the United States....

Lidl Cyprus gives new life to fruit and vegetables with the 'Choose me' bag

Lidl Cyprus gives new life to fruit and vegetables with the 'Choose me' bag

With a new initiative, Lidl Cyprus invites all its customers to choose the "Choose me" bag and help reduce food waste, while saving money on their daily purchases....

Cyprus-Israel power study to conclude by early 2025

Cyprus-Israel power study to conclude by early 2025

Subsea surveys for the Cyprus-Greece electricity interconnection project are advancing, with investment developments expected by year-end, ADMIE President and CEO Manos Manousakis announced at the 7th Athens Investment Forum. ...

Cypriot President holds quiet meeting with Trump associate ahead of U.S. elections

Cypriot President holds quiet meeting with Trump associate ahead of U.S. elections

Cypriot President Nicos Christodoulides recently met with a close associate of Donald Trump at the Presidential Palace to discuss potential shifts in Cyprus-U.S. relations if Trump were to win the U.S. election. ...

At the Doorstep of MICA: What to Expect as Crypto Regulation Takes Shape

At the Doorstep of MICA: What to Expect as Crypto Regulation Takes Shape

The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...

Trump’s election shakes global dynamics and raises concerns in Cyprus

Trump’s election shakes global dynamics and raises concerns in Cyprus

If anything was clear during the U.S. election campaign, it’s that this election isn’t just about the United States. ...

Kadis gains key approval for EU fisheries role, promises new ocean pact

Kadis gains key approval for EU fisheries role, promises new ocean pact

The committee on fisheries (PECH) of the European Parliament has approved the appointment of Costas Kadis as Commissioner for Fisheries and Oceans, with the positive opinion of the Committee on the Environment, Public Health and Security (ENVI), after his hearing in Brussels. ...

SKLAVENITIS Cyprus completes agreement with PAPANTONIOU Supermarkets

SKLAVENITIS Cyprus completes agreement with PAPANTONIOU Supermarkets

The agreement regarding the integration of PAPANTONIOU Supermarkets into the SKLAVENITIS Cyprus network has been successfully completed, following approval from the Commission for the Protection of Competition (C.P.C.)....

US Embassy in London hit with orange paint as activists decry Trump win

US Embassy in London hit with orange paint as activists decry Trump win

British police arrested two men Wednesday after environmental activists sprayed orange paint on the U.S. embassy in south London to protest Donald Trump’s recent presidential victory....

Winds and rain ahead

Winds and rain ahead

Today’s forecast calls for mostly clear skies across the region, with winds primarily from the north to northeast, shifting to southwest to northwest in western areas by midday....

Trump's emotional appeal vs. Harris's missed connections

Trump's emotional appeal vs. Harris's missed connections

Experts, academics, and political analysts in Cyprus have weighed in on the reasons behind Donald Trump’s success in the latest U.S. elections and Kamala Harris's defeat. ...

Tesla surges 12% on Trump’s election win, Musk’s $75M bet pays off

Tesla surges 12% on Trump’s election win, Musk’s $75M bet pays off

Tesla shares surged 12% in early trading Wednesday following Donald Trump’s victory in the U.S. presidential election, as investors anticipated potential advantages for Tesla and its CEO Elon Musk, a major Trump backer....

Transport Ministry inaugurates new motorway that will ease traffic

Transport Ministry inaugurates new motorway that will ease traffic

According to Kathimerini's Dorita Yiannakou, Cyprus marked a milestone in its transportation network Tuesday with the inauguration of the Nicosia peripheral motorway’s first phase, a project intended to ease congestion, enhance safety, and facilitate trade across the island....

On the wrong side of the elections...

On the wrong side of the elections...

It's only natural that the election of a volatile president like Trump would raise concerns across the globe. His approach to U.S. foreign policy is anybody's guess, ...

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