https://knews.kathimerini.com.cy/en/news/university-of-cyprus-professor-recognized-among-influential-scientists-worldwide
In a significant achievement for academic excellence, Professor Despo Fatta-Kassinou from the University of Cyprus has secured a spot on the list of the most influential scientists globally for 2022....
https://knews.kathimerini.com.cy/en/news/choosing-between-heating-and-eating
A recently released report from the French charity Secours Catholique underscores the alarming rise in poverty numbers, with a record one million people seeking assistance in 2022, up from 780,000 the previous year. ...
https://knews.kathimerini.com.cy/en/news/finance-minister-perturbed-over-cyprus-confidential
Finance Minister Makis Keravnos expressed dismay over the revelations in ''Cyprus Confidential,'' emphasizing concerns about ongoing portrayals of Cyprus as a problematic financial and investment destination....
https://knews.kathimerini.com.cy/en/news/pwc-s-secret-dance-with-russian-oligarchs-revealed
Another episode is unfolding that stains Cyprus' name on a global scale. This time, it's not about the Naturalization Program or "golden passports" but centers on sanctions imposed on Russian oligarchs since Russia invaded Ukraine in February 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-confidential-unveils-scandalous-financial-ties
The ICIJ investigation reveals that PwC Cyprus collaborated with at least 12 Russians under Western sanctions, aiding in wealth transfer during Russia's annexation of Crimea and the Donbass war....
https://knews.kathimerini.com.cy/en/business/surging-airbnb-revenues-by-27-in-occupied-territories
For 2022 alone, there has been a 27% increase in Airbnb income in the occupied territories, with the annual amount per accommodation reaching 24 thousand....
https://knews.kathimerini.com.cy/en/news/icelandic-authorities-brace-for-eruption-following-earthquakes-and-magma-surge
Icelandic authorities are bracing for a potential volcanic eruption in the southwest of the island following a series of earthquakes and signs of rapidly spreading magma underground....
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/babies-among-12-dead-in-israel-hamas-fuel-dispute
Hamas has denied refusing an offer of fuel from Israel for Gaza's biggest hospital, which the World Health Organisation says is "not functioning" due to bombing and gunfire....
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/news/zelenskyy-s-unspoken-strategy-for-ukraine-s-victory
Ukraine's counteroffensive is still on track and will achieve its set goals by the end of the year, President Volodymyr Zelenskyy said on Wednesday....
https://knews.kathimerini.com.cy/en/news/a-decade-ago-amazon-launching-drones-for-parcel-deliveries
Exactly a decade ago, Amazon revealed a program that aimed to revolutionize shopping and shipping. Drones launched from a central hub would waft through the skies delivering just about everything anyone could need....
https://knews.kathimerini.com.cy/en/business/two-week-lifeline-as-aphrodite-negotiations-extend-amid-deadlock
With the deadline for Chevron's proposal on the ''Aphrodite'' reservoir set to expire on Sunday, November 5, negotiations between the Republic of Cyprus and the consortium of ''12'' (Chevron, Shell, NewMed) led by the American giant for the development of the reservoir seem to remain in a deadlock. ...
https://knews.kathimerini.com.cy/en/news/appeals-court-rejects-extradition-of-israeli-diamond-tycoon-to-romania
The Court of Appeal in Cyprus has overturned a previous ruling and rejected the extradition of Israeli diamond tycoon Benny Steinmetz to Romania. Steinmetz had been convicted in absentia in Romania on charges of fraud related to land deals that transpired between 2006 and 2008, resulting in a five-year prison sentence issued in December 2020....
https://knews.kathimerini.com.cy/en/news/cyprus-rcords-remarkable-17-4-decrease-in-registered-unemployed
In October 2023, the number of registered unemployed persons in Cyprus exhibited a significant decline, marking a 17.4% decrease, equivalent to 1,951 individuals, as reported by the Statistical Office. ...
https://knews.kathimerini.com.cy/en/business/crypto-wonder-boy-sam-bankman-fried-convicted-in-$8-billion-fraud
Sam Bankman-Fried, the former billionaire founder of FTX, a prominent cryptocurrency exchange, was found guilty on Thursday of orchestrating one of the most significant financial frauds in history....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/uk-accused-of-turning-a-blind-eye-to-israel-palestine-war
Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....
https://knews.kathimerini.com.cy/en/news/eni-launches-cyprus-drilling-operation-at-kronos-2
The Transocean Barrents floating drilling rig has set sail from Limassol and is en route to the Kronos field. It will conduct drilling operations on behalf of the Italian company ENI at the Kronos-2 target in Block 6 of the Cypriot Exclusive Economic Zone (EEZ), approximately 160 kilometers southwest of Cyprus, according to a report from CNA....
https://knews.kathimerini.com.cy/en/business/iata-s-oneid-sees-a-passport-free-future-in-air-travel
Recent strides in digital identity technology are reshaping the landscape of air travel, offering the promise of a streamlined and secure experience without the hassle of passports and boarding passes. ...
https://knews.kathimerini.com.cy/en/business/a-cheesy-dilemma-as-halloumi-faces-new-market-challenges
Amid renewed discussions on the PDO halloumi milk quota, a fresh challenge has emerged for producers and the competitiveness of the product. The market now sees products labeled as ''grilled cheese,''...
https://knews.kathimerini.com.cy/en/news/halloumi-talks-continue-as-stakeholders-seek-common-ground
In a meeting lasting over four hours on Monday evening at the Agricultural Research Institute in Aglandjia, discussions on the issue of halloumi concluded with a concise announcement from the Ministry. It was decided to continue talks with different stakeholder groups individually....
https://knews.kathimerini.com.cy/en/news/which-european-country-bears-the-brunt-of-energy-costs
The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023....
https://knews.kathimerini.com.cy/en/business/ministry-secures-€245-million-boost-for-business-growth-in-2027
A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/minister-vows-smart-lights-rule-over-timers
In a recent presentation of the Ministry of Transport's 2024 budget to the Finance Committee, Minister of Transport, Alexis Vafeadis, categorically stated that there will be no timers installed at traffic lights until at least March or April 2024. ...
https://knews.kathimerini.com.cy/en/news/israelis-find-sanctuary-in-greece-and-cyprus
As the conflict with Hamas in Gaza intensifies, a growing number of Israeli citizens are seeking refuge in Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/7-000-tons-of-halloumi-on-the-brink
Official Ministry of Agriculture data have unveiled a critical situation in the halloumi production industry, a beloved and essential product in Cyprus....
https://knews.kathimerini.com.cy/en/news/kissinger-ai-could-replace-humans-in-the-next-5-years
Henry Kissinger described artificial intelligence as the "biggest challenge of our times," predicting that humanity could be replaced by machines in the next five years....
