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1. Democracy's Final Form: When Digital Capitalism Perfects the 'Free Market' of Power

The convergence of two recent developments signals a profound transformation in how democracy operates in the digital age....

2. Why Musk sees Trump as America’s business fixer

Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......

3. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

4. Greek olive oil producers reject bulk sales, thrive in export market

They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....

5. Greek government to sell its stake in Piraeus Bank, anticipates high demand

Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....

6. Chinese elite move billions abroad in economic shift

In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....

7. Elizabeth McCaul unveils hidden financial dangers

A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....

8. Londoners at risk as average rents could surge to £2,700/month next year

Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....

9. Hellenic Bank rakes in €69.7 million in profits during Q1 of 2023

Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...

10. What is the future for banks?

Banks have suffered significantly in the last 15 years. Some have been forced to shut down, while others had to reduce deposits. In some countries, banks have been subject to capital controls, and many have had to change their shareholder structure due to state intervention....

11. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

12. The Russian plan to annex occupied territories

It now holds about 60% of Donetsk and had captured nearly all of Luhansk by July after slow advances during months of intense fighting. But those gains are now under threat after Russian forces were driven from neighbouring Kharkiv province this month,...

13. The parallels between Athens in 2011 and Nicosia in 2022

In the last ten days, two horrific videos of racist attacks by Greek Cypriots against a Congolese woman in Larnaca and a young man from Pakistan in old Nicosia have come to light....

14. Tighter controls and penalties for cross-border transactions in Cyprus

The Cyprus Securities and Exchange Commission (CySEC) is introducing additional controls for cross-border services and announced that investor protection will be strengthened under new rules regarding how complaints are handled....

15. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

16. Russia to bar entry for people from growing list of 'unfriendly' nations

Russia said on Monday it was preparing to restrict entry into Russia for nationals of "unfriendly" countries, which include Britain, all European Union states and the United States. ...

17. Thirty million people in 13 cities are put into Covid lockdown in China

Thirty million people in 13 cities across China have been put back into a Covid-19 lockdown with hazmat-wearing officials back on the streets on a scale not seen since the pandemic began....

18. 'I am target number one': Zelensky says Russian special forces kill squads are inside Kyiv (video)

Ukraine's president has admitted that he is 'target number one' for Russian assassins in his capital but insisted that he remained in Kyiv as he urged his fellow citizens to remain strong. ...

19. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

20. Erdogan should focus on his economy, not Greece

With the Turkish lira continuing its precipitous slide, the risk of capital controls looming dangerously and Recep Tayyip Erdogan’s legal adviser even going so far as to consider that declaring a state of emergency might be needed...

21. EY and IIF survey shows climate change top concern for banks

22. COVID-19 is adding new impetus to finance transformation

23. Minister makes roadblock checks random

Justice Minister Emily Yiolitis on Monday stepped in after reports that highways were backed up for miles due to lockdown roadblocks, saying she instructed police to carry out only random checks during peak hours...

24. Turkey deploys extremists to Libya, local militias say

Syrian militants affiliated with groups such as al-Qaida and the Islamic State group are currently being sent by Turkey to fight on behalf of the UN-supported government in Libya, according to two Libyan militia leaders and a Syrian war monitor....

25. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

26. Greek corporations rush to issue bonds amid record low yields

The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing. ...

27. K. Treppides & Co Ltd: Cryptocurrencies/Digital Assets and Regulation

Following the latest trend with the VFA's or Cryptocurrencies or Digital Assets and the Blockchain technology behind them, a booming and contagious effect is spreading between Continents since they are considered to be the ‘golden key’ to a new age...

28. Dijsselbloem: Cyprus is still in search of a new economic paradigm

29. Persuasion and force

30. Banks have their recovery work cut out

The bank stock slump has gone on for too long and valuations are now exceptionally low, say senior credit sector officials in Athens. However, analysts questioned on the issue by Kathimerini say the problems that Greek lenders are facing will not be overcome quickly, justifying the pounding the sector has sustained on the Athens stock exchange....