https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/trump-s-election-shakes-global-dynamics-and-raises-concerns-in-cyprus
If anything was clear during the U.S. election campaign, it’s that this election isn’t just about the United States. ...
https://knews.kathimerini.com.cy/en/news/polls-close-in-key-us-battlegrounds-as-trump-secures-early-wins
Polls have closed in the U.S. presidential election, including in all seven crucial swing states, as results start to trickle in....
https://knews.kathimerini.com.cy/en/life/nicosia-s-paramythoupoli-set-to-open-bringing-holiday-magic-to-life
The holiday season is kicking off early in Nicosia as the city prepares to welcome visitors to its much-loved Christmas Fairytale Town at the D'Avila Moat. Running from November 15 through January 12, 2025, the event marks its 16th year with expanded attractions, new surprises, and an even more festive atmosphere....
https://knews.kathimerini.com.cy/en/news/white-house-locks-down-with-fences-and-barricades-ahead-of-election-day
With Americans casting their votes on Tuesday, fears of civil unrest are surging as a razor-thin presidential race between incumbent Donald Trump......
https://knews.kathimerini.com.cy/en/news/u-s-election-countdown-what-s-at-stake-for-cyprus-and-europe
With the U.S. election just a day away, the world is on edge. This isn’t just a choice between two candidates; it's about the future direction of the United States and how that might echo across the globe, including in Europe and Cyprus....
https://knews.kathimerini.com.cy/en/news/greek-american-community-in-queens-divided-as-us-election-stirs-deep-tensions
In Astoria, Queens—a long-standing Greek-American hub—the upcoming U.S. election has created deep rifts in a typically tight-knit community....
https://knews.kathimerini.com.cy/en/news/greece-monitors-us-presidential-election-for-global-impacts
Like every other government, Greece’s is closely following Tuesday’s US presidential election and its possible repercussions for global relations and diplomacy....
https://knews.kathimerini.com.cy/en/news/cyprus-achieves-record-€4-7-billion-in-exports-continuing-years-long-growth
Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....
https://knews.kathimerini.com.cy/en/news/government-announces-new-measures-to-help-vulnerable-households
In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/fareed-zakaria-warns-of-a-turbulent-future-for-america
In a recent interview with Kathimerini's Alexis Papachellas, CNN's Fareed Zakaria shared his insights on the current state of U.S. politics and its implications for both the nation and the world. Here are the key points from their discussion:...
https://knews.kathimerini.com.cy/en/comment/opinion/the-loss-of-us-media-credibility
The US elections are highlighting the catastrophic consequences of the long-term devaluation of the country’s ''traditional'' news media....
https://knews.kathimerini.com.cy/en/news/increase-in-missing-minors-from-cyprus-juvenile-homes-raises-alarms
Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....
https://knews.kathimerini.com.cy/en/news/president-urges-faster-completion-of-88-major-projects
Cyprus President Nikos Christodoulides urged ministers to accelerate the government’s agenda of 88 key projects for the administration’s second year, Deputy Minister to the President Irene Piki announced after a recent Cabinet meeting. ...
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-amend-recovery-plan-amid-project-struggles
The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/life/larnaca-christmasland-returns-a-winter-wonderland-awaits-in-europe-square
Get ready to step into a world of holiday magic as Larnaca ChristmasLand opens its doors, kicking off the festive season in Cyprus! ...
https://knews.kathimerini.com.cy/en/business/cyprus-surpasses-pre-pandemic-financial-levels-with-growing-surplus
Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....
https://knews.kathimerini.com.cy/en/business/spike-in-suspicious-transactions-as-cyprus-freezes-over-€25-million-in-illicit-assets
Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/iran-egypt-talks-focus-on-gaza-lebanon-ceasefires
Iranian Foreign Minister Abbas Araghchi visited Egypt, marking the first trip by an Iranian foreign minister to Cairo since 2013....
https://knews.kathimerini.com.cy/en/news/michael-tatham-named-new-british-high-commissioner-to-cyprus
The British Foreign Office has announced the appointment of Michael Tatham as the new British High Commissioner to Cyprus.
...
https://knews.kathimerini.com.cy/en/news/record-tourist-numbers-for-2024-slightly-surpassing-pre-pandemic-levels
Tourist arrivals in Cyprus reached 3.27 million between January and September 2024, marking a 4.2% increase compared to the same period in 2023, according to data from the Statistical Service of Cyprus (Cystat)....
https://knews.kathimerini.com.cy/en/news/interior-ministry-proposes-solutions-for-9-500-stranded-property-buyers
Interior Minister Constantinos Ioannou presented solutions for resolving issues faced by ''stranded buyers'' to the Parliamentary Committee on Legal Affairs, addressing about half of the nearly 9,500 pending cases....
https://knews.kathimerini.com.cy/en/news/surgeon-accused-of-negligence-and-fraud-in-nicosia
A 34-year-old man has lodged a formal complaint against a Nicosia-based surgeon, accusing him of medical negligence and fraud following a scheduled inguinal hernia repair surgery.
...
https://knews.kathimerini.com.cy/en/news/greece-rejects-six-nautical-mile-concessions-with-turkey
Greece has firmly ruled out any compromise on reducing its territorial waters to six nautical miles in its ongoing dispute with Turkey, a senior government official said, dispelling speculation about potential concessions ahead of crucial diplomatic talks....
https://knews.kathimerini.com.cy/en/news/french-court-clears-cyprus-in-$1-4-billion-fbme-bank-case
France’s highest court has brought an end to the $1.4 billion legal battle over the resolution of FBME Bank, ruling that the Central Bank of Cyprus (CBC) acted prudently and did not breach any obligations under a bilateral investment treaty between Cyprus and Lebanon....
https://knews.kathimerini.com.cy/en/news/1-4-million-passengers-at-cyprus-airports
September ended on a positive note regarding passenger traffic at Larnaka and Pafos Airports, Hermes Airports says in a press release, noting that an all-time record for the month has been set....
https://knews.kathimerini.com.cy/en/news/industrial-turnover-index-hits-152-7-units-in-july-2024
In July 2024, the Industrial Turnover Index reached 152.7 units (base 2021=100), recording an increase of 6.,3% compared to July 2023, according to data published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/business/prognosys-solutions-celebrates-20-years-of-innovation-and-leadership-in-regulatory-compliance
Prognosys Solutions, the leading provider of regulatory reporting solutions for the banking and financial industries in Cyprus, celebrated its 20th......
https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices
Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....