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1. EU hits back with $28 billion in tariffs on US goods

The European Union is hitting back after U.S. President Donald Trump imposed a sweeping 25% tariff on all European steel and aluminum imports....

2. Increasing reports of animal poisoning

There has been a rise in reports of animal poisonings, particularly affecting pets, according to a statement from the Animal Party Cyprus....

3. Cyprus faces uncertain future as electricity link with Greece stalls

The ambitious Great Sea Interconnector project, aimed at linking the electricity grids of Greece and Cyprus through an underwater cable, has been indefinitely suspended due to geopolitical tensions and financial uncertainties. ...

4. Putin gives green light for western companies to return, but on Russia's terms

Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....

5. Cyprus ignored 57 EU warnings about deadly Takata airbags—Why?

Since 2019, the EU’s early warning system, Rapex-Safety Gate, has issued 57 alerts about defective Takata airbags, classifying the risk as "injuries" and warning that if deployed, metal fragments could injure or kill vehicle occupants. ...

6. EY: The biggest risks facing Cyprus and governments worldwide

As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....

7. TOYOTA - Statement on Takata Airbag Recalls

8. Cyprus's car market is a tangled mess

On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....

9. EU warns of strong response to possible US tariffs

The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....

10. Trump hints at new tariffs on EU imports as trade tensions escalate

US President Donald Trump has suggested that the European Union (EU) could be the next target of US tariffs, following the imposition of 25% levies on imports from Mexico, Canada, and China....

11. Trump’s tariff plans could hurt Cyprus’ economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

12. Poland to prioritize security on all fronts during its EU presidency

Poland has laid out an ambitious roadmap for its 2025 Presidency of the Council of the European Union, with security taking center stage. Ambassador Marek Szczepanowski presented the priorities on Tuesday at the House of Europe in Nicosia, under the presidency’s guiding motto: “Security, Europe!”...

13. Major oil spill in Black Sea after two Russian tankers wreck

Two Russian oil tankers have sustained severe damage in the Black Sea, leading to an oil spill, according to Russian authorities....

14. FT: EU and South America strike historic trade deal amid controversy

The European Union and Mercosur, a bloc of four South American countries, have finalized a landmark trade deal after 25 years of negotiations. This agreement establishes a massive market of 700 million people, removing tariffs on over 90% of goods traded between the two regions....

15. Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

16. Ancient maritime trade between Cyprus and Palestine unearthed

In the summer of 2024, an excavation led by New York University at Maniki Harbour, near Agios Georgios Pegeias in Paphos, uncovered significant evidence of maritime trade connections between Cyprus and South Palestine in the 6th century AD...

17. Trump plans massive tariffs on imports from Mexico, Canada, and China

In his latest announcement, President-elect Donald Trump has proposed steep tariff hikes on goods coming from Mexico, Canada, and China, set to begin on the first day of his administration...

18. TEMU: ''Half Cyprus is better than none''

The online shopping platform Temu is drawing criticism for selling a T-shirt with a slogan referencing the Cyprus issue. The shirt, priced at €11.90 on sale from an original €23.69, features the phrase...

19. Cyprus trade deficit drops by €1.18 billion as imports and exports decline

Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...

20. Trump's bold 'Day One' agenda: Immigration, gender policies, and foreign relations

President-elect Donald Trump has set an ambitious agenda for his first day in office, outlining policy goals on issues from immigration to energy and international relations. ...

21. Fed cuts rates by 0.25%, economic activity expands steadily

The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....

22. What Trump’s election could mean for American taxpayers

A Donald Trump presidential election victory would have huge implications for US trade policy......

23. Germany faces uncertainty as Scholz fires finance minister

Germany’s governing coalition faces a major crisis amid economic challenges and mounting political strife, as Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner and announced he will seek a parliamentary vote of confidence on January 15. If Scholz fails to secure support, Germany could see elections as early as March....

24. Europe braces for Trump’s return as leaders offer cautious congratulations

European leaders, including French President Emmanuel Macron, have cautiously congratulated Donald Trump on his claimed U.S. election victory....

25. Urgent airbag recall: Thousands of cars in Cyprus at risk

Thousands of vehicles in Cyprus may be equipped with potentially dangerous Takata airbags, as the recall process for these defective products remains incomplete. ...

26. Finance Minister stands firm on economic stability amid rising pressures

In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...

27. Soaring prices of fruits and vegetables hitting consumers hard

Cypriot consumers are feeling the pinch as the prices of fruits, vegetables, and greens have surged, making it harder for households to purchase these essential goods....

28. Cyprus trade deficit drops 17% in 2024

Cyprus’ trade deficit dropped by 17% in the first seven months of 2024, falling to €4.31 billion compared to €5.19 billion during the same period last year, ...

29. Government revenue boosts Cyprus surplus to €702.5 million

The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....

30. 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......