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12° Nicosia,
02 October, 2024
 

News Stream

Japanese shipping giants halt Red Sea routes amid rising security concerns

Japanese shipping giants halt Red Sea routes amid rising security concerns

In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....

Arnold Schwarzenegger detained at Munich Airport over unregistered luxury watch

Arnold Schwarzenegger detained at Munich Airport over unregistered luxury watch

Arnold Schwarzenegger, the renowned actor and former Governor of California, has encountered a legal hurdle at Munich Airport where he is reportedly being detained and questioned under tax law....

Paphos Mayor calls for immediate action amid escalating crime wave

Paphos Mayor calls for immediate action amid escalating crime wave

The Mayor of Paphos, Phedonas Phedonos, expressed deep concern over a recent spike in criminal activities over the past 25 days, urging immediate action from the State to demonstrate political will....

E-justice system faces major hurdles

E-justice system faces major hurdles

The newly implemented e-justice system encountered severe operational challenges starting Monday, prompting the President of the Cyprus Bar Association, Michael Vorkas, to express serious concerns. ...

Cyprus rushes €15,200 aid to Armenians displaced by conflict

Cyprus rushes €15,200 aid to Armenians displaced by conflict

Cyprus has sent humanitarian aid worth €15,200 to Armenia through the European Civil Protection Mechanism. ...

Economic snapshot: 3.9% rise in consumer prices

Economic snapshot: 3.9% rise in consumer prices

The Harmonized Index of Consumer Prices showed a 1.9% increase in December 2023 compared to the same month in 2022, but experienced a 1.2% decrease compared to the previous month....

Cyprus witnesses 356 bounced cheques, yet a €1.7M surge

Cyprus witnesses 356 bounced cheques, yet a €1.7M surge

In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473. ...

Wizz Air forced to pay £1.2m in compensation

Wizz Air forced to pay £1.2m in compensation

Thousands of passengers have scored a significant victory against budget airline Wizz Air, as the Civil Aviation Authority (CAA) reveals a landmark compensation payout of £1.2 million....

Five tribes set political agenda for 2024

Five tribes set political agenda for 2024

In a shift from traditional left-right divides, Europe's voters are now categorized into five distinct tribes, with upcoming elections in 2024 poised to revolve around major crises, including climate change, migration, economic turbulence, the war in Ukraine, and the ongoing impact of Covid....

Prosecutor's car torched in Paphos

Prosecutor's car torched in Paphos

A fire erupted on the night of the third at around 21:30, engulfing a car owned by a 50-year-old Public Prosecutor from the Paphos District Court, as reported by Assistant Police Director Michael Nicolaou....

Kursat rejects extradition request in Greek Cypriot land dispute

Kursat rejects extradition request in Greek Cypriot land dispute

In a recent development, the extradition case of Turkish Cypriot lawyer Kursat has been adjourned until February 6 by a court in Rome....

Makis Keravnos voices concerns over geopolitical developments

Makis Keravnos voices concerns over geopolitical developments

The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....

Sheikh's $203M investment brings the Waldorf Astoria to Greece

Sheikh's $203M investment brings the Waldorf Astoria to Greece

Abu Dhabi's Sheikh Takhoun bin Zayed Al Nayan, known for his extensive investments in Greece since 2018, is set to mark a milestone with the construction of the first ''Waldorf Astoria Hotel & Resort'' in Greece....

Can Cyprus withstand yet another crisis?

Can Cyprus withstand yet another crisis?

The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...

Tragic incidents shake Istanbul as recent suicides raise concerns

Tragic incidents shake Istanbul as recent suicides raise concerns

Shocking images made the rounds of the Turkish media, with 54-year-old Eleni Bulunda committing suicide in the Beilıkcuzu area, a suburb of Istanbul, on Monday afternoon (15/01) by jumping from the roof of a shopping mall....

Cup Match halted after player collapse amidst firecracker chaos

Cup Match halted after player collapse amidst firecracker chaos

In a dramatic turn of events during the cup match at ''Famagusta'' between Nea Salamina and APOEL, the game was abruptly halted, leaving fans and players in disbelief....

Nicosia shooting: Victim flees abroad, silent to investigators

Nicosia shooting: Victim flees abroad, silent to investigators

In the ongoing investigation of an attempted murder on Monday (17/1) along Larnaca Avenue in Aglantzia, authorities are facing challenges as the 49-year-old target has left the country without providing a written statement to investigators....

How the consumer pocket faces a perfect economic storm

How the consumer pocket faces a perfect economic storm

The uncertainty and the intense upheavals in the global supply chain continue....

Intermittent clouds and scattered showers ahead

Intermittent clouds and scattered showers ahead

Today's weather brings partly cloudy skies with occasional clouds and local showers or isolated thunderstorms expected. ...

Shell halts Red Sea route amidst Houthi threats

Shell halts Red Sea route amidst Houthi threats

In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....

Antoniou: ''Expect price hikes in consumer goods by month's end''

Antoniou: ''Expect price hikes in consumer goods by month's end''

In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....

Greek cargo ship survives Red Sea ambush unscathed

Greek cargo ship survives Red Sea ambush unscathed

In a concerning incident in the Red Sea, a cargo ship named Zografia, flying the Maltese flag and owned by Greece, faced an attack. Initial reports indicate that the vessel sustained minor damage during the assault....

Can mobile cameras monitor traffic from both directions?

Can mobile cameras monitor traffic from both directions?

The Cyprus Traffic Police issued a statement addressing recent concerns about the directional functionality of speed cameras, emphasizing that the capability to monitor both directions has been in effect since the system's initiation...

Cyprus shines with 20% tourism surge!

Cyprus shines with 20% tourism surge!

In a burst of post-pandemic enthusiasm, Cyprus shines as the EU's tourism star, celebrating an impressive 20% surge in 2023 – a dazzling spectacle second only to a breathtaking fireworks display!...

Cyprus dominates EU exports in November

Cyprus dominates EU exports in November

Cyprus recorded the highest annual increase in exports among the member states of the EU in November 2023 compared to November 2022......

Cablenet teams up with KINX Gaming for Global Game Jam 2024

Cablenet teams up with KINX Gaming for Global Game Jam 2024

It is with great pleasure that Cablenet announces its strategic cooperation with KINX Gaming pioneer in eSports industry in Cyprus and we are excited to invite you to the Global Game Jam - Cyprus 2024, which will take place for the second time in Cyprus from January 26th to 28th....

Non-performing loans hold steady at €2B amid rising rates

Non-performing loans hold steady at €2B amid rising rates

Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....

Faster approvals in just 90 days, Deputy Minister reveals

Faster approvals in just 90 days, Deputy Minister reveals

The average processing time for the guaranteed minimum income (GMI) applications has been reduced by 75%, from 12 months to 90 days, the Deputy Minister of Social Welfare, Marilena Evangelou, said during a press conference on the modernisation and upgrade of the GMI....

Police arrested for leaking Mafia-style execution video

Police arrested for leaking Mafia-style execution video

Two officers of the police’s motorcycle division were arrested on Monday for leaking a video showing the body of a man who was gunned down in a mafia-style execution in the Athens suburb of Neos Kosmos in the early hours of Sunday....

Nicosia operation nets 11 arrests in illegal residence crackdown

Nicosia operation nets 11 arrests in illegal residence crackdown

In a coordinated operation aimed at combating illegal residence within the Republic of Cyprus, police arrested 11 individuals in the Nicosia district....

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