Search

1. National Guard opens doors to women in Cyprus

Cyprus announced on Sunday that women will be able to voluntarily serve in the National Guard for six to 14 months, starting in 2025....

2. Putin tries to help Trump beat Harris in U.S. Election 2024

Russia is intensifying its efforts to interfere in the 2024 U.S. presidential election, aiming to help Donald Trump defeat Vice President Kamala Harris, according to U.S. intelligence officials. ...

3. Karolina Pelendritou wins bronze in 100m breaststroke at Paris 2024

Cypriot swimmer Karolina Pelendritou won the bronze medal in the 100m breaststroke final in the SB11 category at the Paris 2024 Paralympic Games on Thursday evening. ...

4. Russian industrial giants warn of bankruptcy amid sanctions impact

More than 20 major Russian industrial companies, including those in the construction, automotive, and household appliance sectors, have warned they are on the brink of bankruptcy and could halt operations. In a letter to Anton Alikhanov......

5. FT: China set to hit PwC with record penalty amid Evergrande fallout

PwC China has informed its clients that it expects Chinese authorities to impose a six-month business ban starting as early as September, following its audit of the now-collapsed property developer Evergrande....

6. Suez Canal blockage and South China sea clashes threaten global trade

Although the pandemic-induced disruptions in global supply chains have eased and water flow in the Panama Canal has improved, new threats to international trade have emerged....

7. Global uncertainty looms as Biden's final months approach

Five months remain until the next US president is sworn in. Five very fluid and dangerous months. Everyone knows that President Joe Biden is on his way out. His power and influence are waning with each passing day....

8. Why we failed as a country

In July, the resilience of Cypriot society was tested once again as it faced yet another challenge, underscoring its entrapment in heavy fuel oil. This entrapment translates into an annual fine of €200 million due to emissions. ...

9. Ships collide in disputed waters, China blames Philippines

10. WHO declares Mpox outbreak in Africa a global health emergency

Danish biotech company Bavarian Nordic announced Friday that it has submitted data to the European Union’s drug regulator, seeking approval to expand the use of its mpox (formerly monkeypox) vaccine to adolescents aged 12 to 17....

11. US leads Olympic medal count with 126, China follows closely

The Olympic Games have concluded, and the final medal tally reveals the United States once again dominating the overall count, securing a total of 126 medals. ...

12. Paris bids farewell to Olympics with stunning closing ceremony

The Olympic flame was extinguished Sunday as French swimmer Léon Marchand took one last breath, bringing an end to the Paris Summer Games....

13. Cyprus and China lock horns over Vasilikos issues

Apostolos Tomaras writes in this Sunday's Kathimerini that negotiations between Cyprus and the Chinese consortium over the "PROMETHEAS" ship, currently in Shanghai, have become a contentious issue as Cyprus seeks to gain control of the vessel. ...

14. Dubai Airport breaks record with 44.9M passengers in 2024

Dubai International Airport has broken a passenger record for the first half of the year, handling 44.9 million travelers from January to June, an 8% increase from the 41.6 million recorded during the same period in 2023....

15. Boxer Imane Khelif one win away from Olympic Gold

Algerian boxer Imane Khelif moved one step closer to a historic gold medal in the women’s welterweight division at the Paris Olympics on Tuesday night, defeating Thailand's Janjaem Suwannapheng 5-0 in the semifinals. ...

16. Driverless taxis cause traffic chaos in China

Hundreds of driverless robotaxis from Chinese tech giant Baidu are causing traffic mayhem in Wuhan. ...

17. Uber to add 100,000 electric cars to its global fleet

Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....

18. Vasilikos: Cyprus political figures and public officials to be summoned

The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....

19. Team USA wins bronze in men’s gymnastics for first time in 16 years

Team USA earned a bronze medal in the men’s gymnastics team final on Monday at the 2024 Paris Olympics, marking their first men’s team medal in 16 years....

20. Philippines secures China approval for ship supplies

The Philippines announced it has reached an understanding with China regarding resupply missions to the beached Filipino naval ship, the BRP Sierra Madre, a significant flashpoint in the South China Sea....

21. Turmoil at Vasilikos as Chinese consortium pulls out, terminal project in limbo

The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...

22. China unveils world's largest hurricane-proof turbine

Imagine a wind turbine so advanced it can withstand hurricanes and typhoons while harnessing their immense power to generate electricity....

23. Soaring insurance costs push global shipping rates up 233%

Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...

24. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

25. Cyprus faces financial hit as Chinese consortium exits energy project

Following the public admission by Energy Minister George Papaconstantinou, the agreed separation between Cyprus' Natural Gas Infrastructure Company (ETYFA) and the Chinese consortium CPP-METRON Consortium Ltd (CMC Ltd) is imminent, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....

26. Cyprus ranks among top innovators in Europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

27. Cyprus faces crucial decision as LNG terminal contract nears end

Energy Minister George Papanastasiou announced on Tuesday that the contract between the Natural Gas Infrastructure Company (ETYFA) and the CPP-METRON Consortium Ltd (CMC Ltd) for the Vasilikos liquefied natural gas (LNG) terminal construction is approaching its conclusion....

28. Temu, Shein & Ali Express: EU cracks down on Chinese imports

The European Union is taking steps to clamp down on the surge of low-quality Chinese imports flooding its markets. According to sources speaking to the Financial Times, the EU plans to impose tariffs on cheap products from platforms like Temu, Shein, and AliExpress....

29. US ready to act after Filipino soldiers fight Chinese barehanded

Filipino soldiers used their ''bare hands'' to fight off armed Chinese coastguard in the disputed South China Sea, a Philippine military chief has said....

30. Politico: Cyprus is the solution, not the problem

Despite its long-standing division, Cyprus is emerging as a crucial player in the Middle East, offering a stable platform for political, economic, humanitarian, and military operations, according to an article published today in Politico by Ivo Daalder....