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121. How the consumer pocket faces a perfect economic storm

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

122. 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....

123. Central Bank chief cautions on early rate cuts amid global tensions

Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....

124. Forty percent of global jobs face disruption because of AI

Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....

125. ''It is, therefore, right that I resign''

I wrote in my previous article ("How the prestige of the institutions is undermined", Kathimerini, 7/1/24) that, based on the conclusion of the auditors of the Independent Anti-Corruption Authority and announcements of the Audit Service,...

126. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

127. Only 20 of 36 missing children from 1974 invasion identified

Out of the 36 children missing since the 1974 Turkish invasion of Cyprus, only 20 have been identified so far, President......

128. Diversity and the Church

The ongoing discussion in Greece regarding same-sex couples and parenting is poised to capture the attention of the political leadership and Cypriot society at some point. ...

129. Cypriot scientist revolutionizes agriculture with soil-free crop growth

Growing crops without soil may sound like a contradiction, but for the research team "Eplants" (Electronic Plants) at Linköping University, Sweden, led by Associate Professor Eleni Stavrinidou, it is not only possible, but also groundbreaking....

130. Minister Michaelidou unveils ambitious strategy for sports talent development

All the necessary policies and actions are being adopted to promote talent in sport and to ensure an environment with equal opportunities and equal participation for all,...

131. President contemplates restart amidst manipulation claims

The official first was Wednesday, January 10, for the new members of the Government after they officially received their portfolios from the President of the Republic Nikos Christodoulidis....

132. President speaks out on Turkish activity near buffer zone

President of Cyprus Nikos Christodoulides said on Wednesday that all measures are being taken by the Republic of Cyprus so that the sense of security of the residents of the areas adjacent to the buffer zone is not affected in any way by the Turkish provocations....

133. US pushes for Palestinian state amidst ongoing Gaza crisis

Secretary of State Antony Blinken engaged in talks with President Mahmoud Abbas, highlighting U.S. efforts to support postwar plans for Gaza, emphasizing concrete steps toward a Palestinian state....

134. Deloitte’s Tax Facts 2024

135. Cold spell expected to hit Greece by Saturday

With low temperatures on Wednesday, a new cold spell will peak on Saturday without many extreme phenomena, according to meteorologists. ...

136. Christodoulides' strong message: Ignore sirens, focus on governance

The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....

137. 'The bill goes to the President'

The resignation of Deputy Minister of Innovation Philippos Hadjizacharias shouldn't come as a surprise. This is not solely due to ethical considerations, as his name has been among those vilified and deconstructed by the Presidential Office....

138. Politico: Newly unsealed Epstein documents offer few insights into high-profile associates

Newly unsealed court papers related to Jeffrey Epstein include the names of a handful of famous men whose associations with the late sex offender were previously known, but the documents provide few new disclosures about the nature of their relationships....

139. Europe tightens rules on short-term rentals for sustainable tourism

The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...

140. Assistant Attorney General faces scrutiny amid corruption probe

In a recent development, the Independent Anti-Corruption Authority has publicly disclosed the results of an exhaustive investigation into allegations surrounding Assistant Attorney General Savvas Angelides....

141. Cyprus makes the cut in new tax-friendly nations list

In a recent announcement, the Ministry of Finance shed light on the revised list of countries enjoying preferential tax status under the Independent Authority for Public Revenue of the Hellenic Republic (IAEA)....

142. Cyprus housing crisis deepens amid interest rate scandal

With current interest rates, the prospect of repaying a mortgage spans nearly fifty years for an average family, turning homeownership into an elusive dream....

143. Israel should be alarmed

Israel faces the risk of losing the support of its traditional allies, as well as the perception of invincibility, both of which are crucial for a relatively young state confronting existential threats....

144. Half of Cyprus loans vulnerable to Euribor and ECB rates

Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....

145. Synagermos firmly in opposition, says Paphos Mayor

In an exclusive interview with ''Kathimerini,'' Paphos Mayor Phaidonas Phaidonos asserts that any speculation about Synagermos aligning with the Christodoulides government is definitively put to rest....

146. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

147. European data shows low interest payouts by Cypriot banks

Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....

148. Minors still held in adult prisons, urgent action needed

In a concerning development, legislation addressing the detention of minors in adult prisons remains stalled since 2021....

149. EU struggles with Hungary's blockade on Ukraine's accession and funding release

Efforts to prepare for the summit of the 27 European Union heads of state continued in a tense atmosphere until Friday....

150. UK's Royal Navy boosts Ukraine's maritime strength

The Royal Navy is set to transfer two minehunter ships to Ukraine, a move aimed at enhancing the country's maritime capabilities in the wake of Russia's invasion....