https://knews.kathimerini.com.cy/en/news/boris-johnson-has-stepped-down
After an acute political meltdown in the U.K., Prime Minister Boris Johnson has resigned as leader of the Conservative Party, setting in motion a race for a new prime minister....
https://knews.kathimerini.com.cy/en/business/cattle-class-no-more-thanks-to-air-new-zealand-s-skynest
Air New Zealand will introduce sleep pods in the economy class cabins of its ultra-long-haul Boeing 787-9 Dreamliners from 2024. ...
https://knews.kathimerini.com.cy/en/news/herodotou-interest-rates-should-be-increased-gradually
The Governor of the Central Bank of Cyprus, Constantinos Herodotou, said he was in favor of the ECB gradually increasing key interest rates while keeping its options open, stressing that the European Central Bank should consider the impact of each increase and act accordingly....
https://knews.kathimerini.com.cy/en/news/retail-trade-in-the-grip-of-inflation
The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....
https://knews.kathimerini.com.cy/en/news/greece-s-karagiannis-appointed-to-coordinate-final-stage-of-local-governement-reform
The Director-General of the Central Union of Municipalities of Greece, Yiannis Karagiannis, has been appointed as the expert to coordinate the provision of Greek expertise to the Republic of Cyprus for the implementation of the final stage of local government reform....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/news/eu-to-implement-one-charger-for-all-devices-by-2024
In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....
https://knews.kathimerini.com.cy/en/news/boris-johnson-to-face-no-confidence-vote-tonight
British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
https://knews.kathimerini.com.cy/en/news/russia-s-ultimate-revenge-plan-for-the-us
As Russia’s war of aggression continues to ravage its neighbor, the Kremlin’s propaganda apparatus has been more blatant than ever in outlining the country’s goals for its biggest nemesis: the U.S....
https://knews.kathimerini.com.cy/en/news/op-ed-the-fall-of-the-us-republic
Sometimes I am not sure if I became a historian because I am pessimistic by nature, or if I became pessimistic because I am a historian....
https://knews.kathimerini.com.cy/en/business/a-candy-striped-airline-that-takes-the-humdrum-out-of-flying
Most airplane exteriors look more or less the same -- white backdrop, bold lettering, company logo -- but every now and again, an airline unveils a livery that stands out from the pack....
https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply
Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/cyprus-municipalities-reduced-to-20-following-reform-bill-passed-by-parliament
The Cypriot Parliament Plenary on Thursday voted in favor of three bills adopting the reform of Local Government reducing the number of Municipalities throughout the government-controlled areas to 20....
https://knews.kathimerini.com.cy/en/news/who-is-dr-robert-malone-and-what-is-the-controversy-surrounding-his-statements-on-mrna-vaccines
Robert Malone, the self-proclaimed inventor of mRNA vaccines and a skeptic of the COVID-19 vaccines that use mRNA technology, has skyrocketed to celebrity status in recent months....
https://knews.kathimerini.com.cy/en/news/nhs-waiting-list-backlog-due-to-covid-will-take-years-to-clear
The waiting list for hospital treatment will not start falling for two years, ministers say, despite unveiling a plan to tackle England's backlog in care....
https://knews.kathimerini.com.cy/en/news/north-irked-over-turkish-handball-player-s-airlift
Turkish Cypriots are accusing Greek Cypriots of trying to trying to score political points after a handball player quarantined in the south was not allowed to cross into the north to head back to Istanbul and had to be airlifted by an ambulance plane...
https://knews.kathimerini.com.cy/en/news/some-people-may-not-make-it-athletes-risk-failing-beijing-covid-19-tests
Strict COVID-19 testing requirements for the Beijing Winter Olympics could see more athletes from high-risk Omicron regions banned from participating, but the system in place will be as flexible as possible, an Olympic medical adviser told Reuters....
https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020
The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....
https://knews.kathimerini.com.cy/en/business/the-historic-athens-hilton-will-have-a-new-name-in-2024
The historic Hilton hotel in the center of Athens is changing its name. From 2024 it will be known as Conrad after the new agreement signed by the Hilton Group and the Ionian Hotel of the Konstantopoulos family....
https://knews.kathimerini.com.cy/en/life/flying-taxis-in-london-from-2025
Heathrow Airport in London plans to set up a flying taxi center by 2025, in partnership with startup Vertical Aerospace Group....
https://knews.kathimerini.com.cy/en/news/2022-budget
The Ministry of Finance is working hard to complete the proposed budget of 2022 for submission to the Council of Ministers....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-on-eve-of-third-lockdown
Cyprus' Health Minister Constantinos Ioannou has announced a two-week lockdown starting Monday, including a revision for Holy Saturday midnight mass after Archbishop Chrysostomos cried foul over rules that were 'unacceptable'...
https://knews.kathimerini.com.cy/en/news/cyprus-israel-and-greece-agree-to-link-power-grids-via-subsea-cable
Cyprus, Greece and Israel on Monday signed an initial agreement to build the world’s longest and deepest underwater power cable that will traverse the Mediterranean seabed at a cost of about $900 million and link their electricity grids....
https://knews.kathimerini.com.cy/en/news/israeli-medical-complex-coming-to-cyprus
A huge undertaking in Cyprus’ medical industry has been announced, with a local company saying they reached an agreement with Israel’s Hadassah Medical to set up a network of hospitals offering diagnostic, rehabilitative, and assisted living care on the island...
https://knews.kathimerini.com.cy/en/news/a-second-lockdown-would-be-a-grim-financial-equation
With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....
https://knews.kathimerini.com.cy/en/news/global-coronavirus-cases-top-10-million-deaths-surge-past-500-000
The world surpassed two sobering coronavirus milestones Sunday -- 500,000 confirmed deaths, 10 million confirmed cases -- and hit another high mark for daily new infections as governments that attempted reopenings continued to backtrack and warn that worse news could be yet to come....
https://knews.kathimerini.com.cy/en/business/a-grim-five-years-for-greek-tourism
Greece may not repeat the tourism arrivals and revenues record of 2019 before 2025, according to an Ernst & Young report on the effects of the pandemic on Greek tourism, heralding a five-year crisis for the sector. This year alone the local industry is set to lose about 10 billion euros, it said....
https://knews.kathimerini.com.cy/en/business/cyprus-enjoys-strong-growth-prospects-but-contingent-liabilities-remain
Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....
