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781. What is causing the unexpected drop in global food prices?

Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....

782. Cabinet extends disbursement period of interest rate subsidy scheme

The Cabinet decided Monday to amend the interest rate subsidy scheme for housing and corporate loans to further support the economy amid the ongoing effects of the COVID-19 pandemic and the war in Ukraine....

783. Tatar gets icy reception at Buyuk Han

Turkish Cypriot leader Ersin Tatar got the cold shoulder as he was out and about in north Nicosia on Saturday, when a mixed group of peace activists on the island refused to be cordial with the man they view as 'Ankara's puppet'...

784. Finland's PM partying video causes backlash

The Finnish Prime Minister, Sanna Marin, is facing a backlash after being seen partying in a leaked video....

785. EU states facilitating employment of third country nationals to ease labor shortage

The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....

786. The 4th Nicosia Epic Street Fest is fast approaching

Coming this Christmas on Stasikratous Street on Wednesday 21 December from 7 pm to midnight!...

787. Wizzair offers 100,000 free air tickets to Ukrainians flying across Europe

Just days after news broke that Wizz Air would defy current European conventions and start flying to Moscow again, the airline is extending another olive branch to Ukrainians who might be less than impressed at Wizz resuming Moscow flights....

788. Turkish inflation surges to nearly 80%

Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....

789. CBC: Noticeable decrease in household and business debt

Business and household debt in Cyprus reached €56.2 billion in the first quarter of 2022, according to data from the Central Bank of Cyprus....

790. Psychotherapy...through Pentadaktylos

A few days ago, an image showing the Pentadaktylos mountain range with the words "We all need therapy" written on it, replacing the Turkish Cypriot flag, went viral. ...

791. Photo blunder throws north into chaos

A photo printed on lottery tickets in the north has landed officials in the hot seat and started a political media war, after it was revealed that depicted fighters holding a Turkish flag were actually Greek Cypriot paramilitaries rejoicing after capturing a Turkish Cypriot stronghold in 1964...

792. Watching the Turkish paratroopers from my window

It was approximately 5.20 a.m. on the morning of July 20, 1974, when I was awakened by the ring of a telephone in my home in Nicosia....

793. Construction costs continued its steady rise in June

The Price Index of Construction Materials continued its rising trend in June, reflecting the increased cost borne by contractors and rising prices in the construction sector....

794. Slashed tires slow down finance minister

The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...

795. Presidential elections to take place on the 5th of February 2023

The upcoming presidential elections in Cyprus will take place on the 5th of February, 2023, the Ministry of Interior has announced....

796. Bank of Cyprus offering voluntary retirement plans for up to 600 employees

The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...

797. Parliament goes off script over controversial museum

All hell broke loose this week in Cypriot parliament after opposition blocked state funds earmarked for an EOKA museum dedicated to Grivas, a highly divisive figure in the island’s history...

798. Biden believes Congress will give green light for F-16 sale to Turkey

U.S. President Joe Biden said on Thursday the United States supports the sale of F-16 fighter jets to Turkey and that he is confident the congressional approval needed for the sale can be obtained....

799. 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....

800. Commission VP demands review of EU decision to trademark ‘Turkaegean’

European Commission Vice-President Margaritis Schinas has sent a letter to Internal Markets Commissioner Thierry Breton demanding a review of a decision to approve Ankara’s request to trademark the term ‘Turkaegean.’...

801. Seniors in Cyprus remain skeptical of fourth shot

A spectacularly small number of people over 60 got their fourth COVID jab so far in the Republic of Cyprus, with the health ministry contemplating to lower the age threshold at a time while medical experts advocating for the vaccine are jumping ship on the immunity debate...

802. Germany a step closer to rationing after Russia cuts gas supplies

The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit. ...

803. Central banks across Europe jack up interest rates to fight inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

804. Trial of UK man accused of murdering ailing wife delayed

The trial of a British man charged with the premeditated murder of his sick wife in Cyprus’ coastal resort town of Paphos was pushed back until September on Thursday, with defense lawyers arguing that David Hunter should instead be charged with assisting a suicide....

805. 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....

806. East-West orthodox split deepens in Cyprus

An interview with the Archbishop of Cyprus, who used unfavorable words for detractor bishops as well as the Patriarch of Moscow, is causing all sorts of reactions on the island where campaign drama is unfolding both in a highly contested presidential election and a looming replacement for head of church...

807. Researcher's avatar sexually assaulted on the metaverse

A researcher entered the metaverse, wanting to study users' behavior on Meta's social-networking platform Horizon World. But within an hour of her donning her Oculus virtual reality (VR) headset, she says she was raped in the virtual space....

808. 'Goodfellas' actor Ray Liota dead at 67

Martin Scorsese, Robert De Niro and Kevin Costner have paid tribute to the "uniquely gifted" Ray Liotta, who has died age 67....

809. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

810. Bank of Cyprus to reduce its employees by 500 in 2022