https://knews.kathimerini.com.cy/en/news/global-economy-faces-worst-5-year-period-in-30-years
The World Bank projects a sluggish global economy from 2020 to 2025, marking the worst five-year period in the last three decades....
https://knews.kathimerini.com.cy/en/news/un-buffer-zone-tensions-spark-president-s-warning
Cypriot President Nikos Christodoulides has called on UN Secretary General Antonio Guterres to convey to Ankara the need for self-restraint with regard to continued violations in the UN buffer zone, expressing “profound concern” that escalating violations would lead to “a serious crisis.”...
https://knews.kathimerini.com.cy/en/news/spotty-rain-returns-to-the-scene
A weak low-pressure system is dominating the area, with a low-pressure center over the Italian peninsula moving eastward, set to impact us mainly from tomorrow afternoon onwards....
https://knews.kathimerini.com.cy/en/news/blinken-s-urgent-mission-in-the-middle-east
Amid mounting concerns over the Israel/Hamas conflict, State Department spokesperson Matthew Miller emphasizes the real risk involved....
https://knews.kathimerini.com.cy/en/news/red-sea-hit-by-explosive-drone-assault
In a significant maritime incident, a drone boat laden with explosives has detonated in the Red Sea, as confirmed by the US navy....
https://knews.kathimerini.com.cy/en/news/1-isis-suspected-in-devastating-kerman-blasts
The double explosion, which claimed the lives of at least 103 people on Wednesday near the tomb of General Qasem Soleimani in Kerman......
https://knews.kathimerini.com.cy/en/news/india-deploys-warships-amid-rising-tensions-in-the-red-sea-region
India is intensifying its involvement in the chain of events stemming from the conflict in Gaza to Houthi attacks on merchant ships near Yemen by dispatching its warships to the Red Sea....
https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/news/divisions-in-cyprus-amplify-fact-checking-challenges
Cyprus, an ethnically divided island in the Mediterranean, is like any other nation: It’s been hit by a wave of misinformation, and residents are trying to keep up....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/president-spills-details-on-unsg-s-envoy-–-big-changes-ahead
Cyprus President, Nikos Christodoulides, has said that the UNSG's envoy for Cyprus should spend time on the island rather than paying a visit for some days, adding that as he has been informed her appointment will go into effect on January 1st, 2024.
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https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/uk-and-cyprus-to-strengthen-global-collaboration
The UK Foreign, Commonwealth and Development Office Director General for Europe, Peter Wilson and the Republic of Cyprus Ministry of Foreign Affairs Permanent Secretary, Kyriacos Kouros chaired the first annual review of the UK-Cyprus Memorandum of Understanding....
https://knews.kathimerini.com.cy/en/news/eu-council-s-historic-decision-to-benefit-ukraine-moldova-and-georgia
Without agreement on the European budget, the first day of the European Council meeting was concluded at 2.30 Brussels time (3.30 a.m. on Friday), as no "common ground" was found on the revision of the budget (2021-2027), due to lack of unanimity....
https://knews.kathimerini.com.cy/en/news/christodoulides-emphasizes-seriousness-in-addressing-cyprus-problem
In his remarks upon arrival for the European Council meeting in Brussels, President of the Republic Nicos Christodoulides emphasized the need for seriousness in addressing the Cyprus problem, ...
https://knews.kathimerini.com.cy/en/news/how-cyprus-and-chevron-found-common-ground
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....
https://knews.kathimerini.com.cy/en/news/relocating-250-000-palestinians-to-cyprus
The US website GIS/Defense & Foreign Affairs has published a report implicating Cyprus, particularly the occupied territories, in connection with the ongoing Israeli-Hamas conflict....
https://knews.kathimerini.com.cy/en/business/crisis-averted-as-cyprus-and-chevron-reach-compromise
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the manager of the Aphrodite field, can be seen as a compromise satisfying both parties. ...
https://knews.kathimerini.com.cy/en/business/cyprus-economy-receives-positive-rating-boost
Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...
https://knews.kathimerini.com.cy/en/news/mitsotakis-and-erdogan-s-cyprus-talks-heat-up
Greek Prime Minister Kyriakos Mitsotakis and Turkish President Tayyip Erdogan, who met in Athens on Thursday, referred to the Cyprus issue during their joint statements to the press....
https://knews.kathimerini.com.cy/en/news/cyprus-navy-to-be-upgraded-say-national-guard-chief
The Navy is implementing a far-reaching modernization program, having among other things enhanced its anti-ship capabilities, while...
https://knews.kathimerini.com.cy/en/news/uk-defence-secretary-explores-humanitarian-aid-routes-to-gaza-during-cyprus-visit
Finding alternative routes for delivering humanitarian aid to the Gaza Strip is a focal point of UK Defence Secretary Grant Shapps' visit to Cyprus and the wider region, as he informed the House of Commons....
https://knews.kathimerini.com.cy/en/news/greece-sends-aid-to-cyprus-amidst-refugee-concerns
In response to Cyprus' request for assistance through the European Civil Protection Mechanism (UCPM), Greece swiftly dispatched humanitarian aid to bolster the island nation's preparedness for potential increased refugee inflows originating from the Middle East....
https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult
In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....
https://knews.kathimerini.com.cy/en/comment/opinion/kissinger-and-us
Henry Alfred Kissinger (1923-2023) undeniably stood as one of the leading figures in American foreign policy and diplomacy....
https://knews.kathimerini.com.cy/en/news/henry-kissinger-influential-diplomat-passes-away-at-100
Former Secretary of State Henry Kissinger, the diplomat with the thick glasses and gravelly voice, passed away at the age of 100, according to his consulting firm. Known for dominating U.S. foreign policy during the Vietnam War and fostering relations with China, Kissinger's legacy is marked by both acclaim and criticism....
https://knews.kathimerini.com.cy/en/comment/opinion/mega-investments-and-unanswered-questions
In the realm of business expansions and openings, an intriguing anomaly surfaces—the apparent lack of foresight. Take, for instance, multi-million investments requiring a substantial workforce. ...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-redefines-corporate-reporting-landscape-at-3rd-annual-insights-event
EY Cyprus organised its 3rd Annual Corporate Reporting Insights event titled ‘Connectivity: Reforming Corporate Reporting.’ ...
https://knews.kathimerini.com.cy/en/business/city-of-dreams-mediterranean-faces-bumpy-start-with-181-job-losses
In a stark indicator of the challenges facing the Limassol casino-resort, the recent dismissal of 181 employees reveals significant issues four months after its grand opening. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-and-emir-of-qatar-tackle-middle-east-developments
In a significant diplomatic move, President Nikos Christodoulides of the Republic of Cyprus met with Emir Tamim bin Hamad Al Thani in Doha during his official visit to Qatar....
