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271. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

272. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

273. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

274. Global IPO market experiences significant slowdown in Q1 2022

275. Nicosia on the defense over ill-timed Israeli drill

Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...

276. European cities are turning rooftops into community and sustainability hubs

Across Europe, intrepid artists, planners, and architects are transforming the flat, grey rooftops of the continent into lively community hubs....

277. Op-ed: America has more guns than any other country

America has been shaken — once again — by mass shootings. On May 14, a gunman killed 10 people in a supermarket in Buffalo. On Tuesday, at least 19 children and two adults were killed in Uvalde, Texas. ...

278. Cyprus population up by 9.2% since 2011

The population in the government-controlled areas of Cyprus as of the 1st of October 2021 stands at 918,100, recording an increase of 9.2%, compared to the results of the Census of Population taken in 2011 which stood at 840,400, according to preliminary results published by the Statistical Service on Wednesday....

279. Thousands of Britain's 'fish and chip' shops could close within a year

The United Kingdom's fish-and-chip shops are under severe strain as the prices of key ingredients — including cod and cooking oil — soar as a result of the Russian assault on Ukraine....

280. 'Grave mistake' if Finland and Sweden join NATO

Russia has told Finland and Sweden that their decision to join the Nato military alliance is a serious mistake with far-reaching consequences and that they should not assume that Moscow will not respond....

281. Greece sets price ceiling on electricity

The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....

282. Covid curbs lifted in Greece ahead of summer season

Greece lifted Covid-19 restrictions on Sunday for foreign and domestic flights, its civil aviation authority said, ahead of the summer tourism season that officials hope will see revenues bouncing back from the pandemic slump....

283. Cyprus doubles down on immigration policy

The government in the Republic of Cyprus has renewed its response to migration flows to the island, tasking authorities and lawmakers with tightening measures in a number of areas...

284. Finland and Sweden could join NATO in the summer

Finland and Sweden could soon join NATO, moves that would likely infuriate Moscow and that officials say would further underscore Russia's strategic error in invading Ukraine....

285. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

286. Zelensky wants Cyprus to get tough on island’s Russians

Ukrainian President Volodymyr Zelensky is urging the Republic of Cyprus to strip Russians of their golden passports 'without exception' and only ease up on dual citizens if they condemn what he called 'war crimes of their military' in Ukraine....

287. €12.9 million in revenue collected from gambling sector in 2021

The betting sector in Cyprus has rebounded, reaching pre-COVID-19 levels in the fourth quarter of 2021, according to financial data released by the National Betting Authority (NBA) on Tuesday....

288. Moscow jumps on Burisma links to Kiev

Moscow has put together an elaborate diagram alleging Biden connections to Ukrainian biological labs, with new revelations initially described by Washington as “Russian disinformation” now gaining traction in the United States and reaching all the way to Cyprus...

289. Homes for Ukraine refugee scheme launches in UK

The government has launched its Homes for Ukraine site for those wanting to host a refugee, with 89,000 signing up within the first day....

290. Russia targets new cities and calls on foreign ‘volunteers’ to join fight

Russia launched airstrikes deeper into Ukraine and called on foreign “volunteers” to join its war on Friday as Moscow stepped up unfounded allegations over chemical weapons threats. ...

291. EU plans to cut Russian gas imports by two-thirds in a year

The European Union will outline a plan on Tuesday to cut Russian gas imports by two-thirds within a year as it seeks to reduce its dependency on the country’s fuel supplies after Moscow’s invasion of Ukraine. ...

292. Fears of potential nuclear disaster at Europe's largest nuclear power plant

Russian forces seized the largest nuclear power plant in Europe after a building at the complex was set ablaze during intense fighting with Ukrainian defenders, Ukrainian authorities said on Friday....

293. Cyprus under high wind warning

A wind advisory was in effect Thursday as weather officials warned of very strong to near-gale winds expected to pound different parts of the island...

294. EU plans to grant Ukrainian refugees right to stay for up to 3 years

The European Union is preparing to grant Ukrainians who flee the war the right to stay and work in the 27-nation bloc for up to three years, senior EU and French officials said, thanking volunteers at the borders for helping those who arrive....

295. We're all gonna die so here's a greener way to go

Back in January 2021, Covid created such a backlog of bodies at L.A. County morgues that the local air quality agency lifted air pollution limits on crematories so they could work extended hours....

296. Global markets tumble after Putin orders invasion

The FTSE 100 index fell by more than 1.5 percent today and European shares hit a seven-month low with a long-feared Russian invasion of Ukraine now appearing to be underway....

297. 8.9 million to help Cyprus improve waste management

The EC is contributing 8.9 million euros to support a clean energy transition in Cyprus. ...

298. Cyprus Foreign Ministry advises Cypriot citizens to leave Ukraine

Cyprus’ Foreign Affairs Ministry issued a Travel Advice on Tuesday, advising Cypriot citizens to leave Ukraine, due to the increased tension in the region....

299. Week starts off with spotty drizzle

A variety of cloud formations will dominate skies over Cyprus this week, with strong winds in the southwest and chances of rain remaining low throughout the island...

300. Cyprus categorized as a 'flawed democracy' according to a report in The Economist

Cyprus not only remains in the category of a "flawed democracy", in The Economist's Democracy Index but ranked worse in 2021 compared to 2020. ...