https://knews.kathimerini.com.cy/en/news/global-food-prices-rise-to-highest-ever-levels-in-march
Global food prices rose to their highest ever levels in March as a result of Russia’s invasion of Ukraine, the UN has reported....
https://knews.kathimerini.com.cy/en/business/property-sales-hit-14-year-high
Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/ukraine-rushing-to-evacuate-civilians-as-the-war-hits-its-6th-week
Fearing a new offensive in the six-week-old war, Ukraine rushed to evacuate civilians as Russian forces pounded cities and towns in the east and south, and Kyiv called on the West to place "ruinous" sanctions on Moscow....
https://knews.kathimerini.com.cy/en/news/nicosia-divided-on-defense-aid-for-ukraine
Nicosia is reportedly finding it difficult to implement the US proposal for the Cypriot National Guard to give up military equipment of Russian origin so it can be used to aid Ukraine....
https://knews.kathimerini.com.cy/en/news/roman-abramovich-asking-friends-for-loans
Russian billionaire Roman Abramovich is reportedly seeking loans from his wealthy and powerful friends in Hollywood, Wall Street and the tech industry in order to be able to pay his staff, as his US and UK accounts have been frozen....
https://knews.kathimerini.com.cy/en/news/russia-teetering-on-brink-of-default-as-us-stops-bond-payments
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars....
https://knews.kathimerini.com.cy/en/news/poland-calls-on-eu-to-halt-issuance-of-schengen-visas-to-russians
Poland wants the Schengen Area countries to completely stop issuing Russians visas for short-term stays in the 26 Schengen countries as a part of the sanctions imposed due to the ongoing invasion of Ukraine by the Russian military....
https://knews.kathimerini.com.cy/en/news/bucha-atrocities-bring-about-fresh-sanctions-and-deportations
Following the revelations about the atrocities against civilians that took place in Bucha and other areas near Kyiv, the EU is preparing fresh sanctions against Russia to "hit them where it hurts". ...
https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply
Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...
https://knews.kathimerini.com.cy/en/news/the-state-donated-almost-7-million-euros-to-parties
A total of 6.9 million euros was donated by the state to parties and their youth organizations in 2021. ...
https://knews.kathimerini.com.cy/en/business/stelios-bi-communal-awards-2022
The Stelios Awards promote island-wide business cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs by giving promising ventures the funding boost they need to grow. Applications for this year focus exclusively on Greek Cypriots and Turkish Cypriots' business activity and, can be submitted until March 31....
https://knews.kathimerini.com.cy/en/news/eurostat-11-of-cypriot-residents-are-citizens-of-other-eu-countries
The percentage of residents that are citizens of other countries living in Cyprus, both from EU member states and non-EU countries, is higher than 10%, ...
https://knews.kathimerini.com.cy/en/news/eastmed-in-position-to-cover-15-16-of-eu-s-annual-russian-gas-imports
The Eastern Mediterranean can provide Europe with 15-16% of its annual imports of natural gas from Russia, according to the former foreign minister of Cyprus, Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs
Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....
https://knews.kathimerini.com.cy/en/news/cyprus-has-highest-rate-of-femicides-by-population-compared-to-other-countries-in-study
A total of 13 femicides were committed in Cyprus between 2019 and 2020, with the victims in two cases being young girls....
https://knews.kathimerini.com.cy/en/news/€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....
https://knews.kathimerini.com.cy/en/news/op-ed-fertilizer-inflation-presages-a-global-food-supply-crisis
We know that the war in Ukraine has led to sharp increases in prices for both food and fuel. This in turn has sparked concern that we may see a repeat of the famine and food riots that took place in 22 countries in the years following the global financial crisis, caused by a perfect storm of rising commodities prices....
https://knews.kathimerini.com.cy/en/news/credit-suisse-in-the-hot-seat-for-telling-its-clients-to-shred-evidence
Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/nouris-to-send-urgent-letter-to-ec-regarding-migrant-crisis
Interior Minister Nicos Nouris said on Thursday he was to send an urgent letter to the European Commission, along with evidence proving the mass influx of migrants to the Republic through Turkey, to highlight the extent of the problem faced by the country....
https://knews.kathimerini.com.cy/en/news/over-100-ukrainian-refugees-arriving-in-cyprus-daily
A total of 100-180 Ukrainian refugees from war-torn Ukraine arriving daily in Cyprus, Interior Minister Nicos Nouris said on Thursday adding that applications for temporary protection status have reached 1,232, but the Ministry is ready to manage an influx of applications....
https://knews.kathimerini.com.cy/en/news/millionaire-flies-ukrainians-to-switzerland
Clutching her baby to her breast, Alona Shevchenko's eyes well up with tears as the plane lifts off from Krakow....
https://knews.kathimerini.com.cy/en/news/rcb-bank-invites-depositors-to-withdraw-their-money
RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....
https://knews.kathimerini.com.cy/en/news/putin-wants-unfriendly-countries-to-pay-for-russian-gas-in-roubles
Russia will seek payment in roubles for gas sales from “unfriendly” countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region’s energy crunch....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-first-place-in-eu-for-first-time-asylum-applications-per-million-inhabitants
Cyprus had the highest number of registered first-time asylum applicants per million residents in 2021, according to the latest data released by Eurostat, the EU’s statistical service....
https://knews.kathimerini.com.cy/en/news/fast-track-procedure-for-building-permits
More than 2,500 building permits have been issued under the new, fast-track procedure since it was implemented in October 2021, Interior Minister Nicos Nouris said on Saturday addressing the 29th General Assembly of the Cyprus Association of Civil Engineers....
https://knews.kathimerini.com.cy/en/news/expert-says-testing-blindly-a-waste-of-money
A medical expert in Cyprus says wide-ranging rapid tests on the island have been a waste of money, adding he was in favor of targeted testing but only if it was focused on specific populations and criteria...
https://knews.kathimerini.com.cy/en/news/hellenic-acquires-553-million-euros-worth-of-cypriot-corporate-loans-from-rcb
Hellenic Bank has acquired 553 million euros worth of Cypriot business loans from RCB Bank, increasing its loan portfolio to over 7.2 billion euros....
https://knews.kathimerini.com.cy/en/news/pimp-locked-up-in-limassol-brothel-case
A man in Limassol has been sentenced to eight years in prison for pandering, after police detained him and four women during a prostitution sting in late 2020...
https://knews.kathimerini.com.cy/en/news/cyprus-produced-543-000-tons-of-solid-waste-in-2020
Today, March 18, marks World Recycling Day. It is the day when people around the world raise awareness on the importance of recycling and reuse, which are key to converting waste into resources for a circular economy....
