https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/news/three-scenarios-for-turkish-provocations-in-the-east-med
Preparations are done and the Turkish drilling rig Abdul Hamid Khan is ready to sail to its destination, according to informed sources, but the location is yet to be announced. ...
https://knews.kathimerini.com.cy/en/news/china-s-ambassador-to-cyprus-condemns-pelosi-s-taiwan-visit
US House Speaker Nancy Pelosi’s recent visit to China’s Taiwan region is a gross interference in China’s internal affairs, a major event upgrading the substantive relations between the US and Taiwan, and sends a very wrong signal to “Taiwan independence” separatist forces, says the Spokesperson of the Embassy of China in Cyprus, in a written statement....
https://knews.kathimerini.com.cy/en/news/black-student-in-cyprus-inspired-after-racial-attack
An international student in the Republic of Cyprus says he wants to “change the world for the better” after he was battered by an intoxicated man in Limassol during a racially-charged attack last month...
https://knews.kathimerini.com.cy/en/news/deposit-interest-rates-remained-close-to-zero-levels-in-june
Deposit interest rates remained at close to zero levels in June with lending rates showing small variations, according to data released on Tuesday by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/inside-jp-morgan-s-precious-metals-division-the-salaries-and-bonuses-of-the-golden-boys
The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....
https://knews.kathimerini.com.cy/en/news/china-s-military-on-alert-amid-pelosi-s-possible-visit-to-taiwan
Taiwan is bracing for a potential show of force from China as US House Speaker Nancy Pelosi was expected to arrive on the island late Tuesday....
https://knews.kathimerini.com.cy/en/business/kpmg-limited-and-georgiou-iacovou-co-llc-announce-the-admission-of-the-law-firm-georgiou-iacovou-co-llc-to-the-kpmg-global-network-of-member-firms
KPMG Limited and Georgiou, Iacovou & Co LLC wish to announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms, as of 1 August 2022. The law firm will operate in the jurisdiction of Cyprus under the KPMG Law brand. ...
https://knews.kathimerini.com.cy/en/news/cypriot-minister-lashes-out-at-‘populist-lawmakers
Cypriot Finance Minister Constantinos Petrides lashed out at lawmakers on Tuesday warning against “dangerous and unrestrained populism” after members snubbed a presidential veto on three crucial pieces of legislation...
https://knews.kathimerini.com.cy/en/news/large-turnout-for-averof-in-hometown-of-argakas
A large number of people attended a gathering on Monday night (1/8) organized by friends and supporters of presidential candidate Averof Neofytou. ...
https://knews.kathimerini.com.cy/en/news/turkey-threatens-pre-emptive-moves-in-self-defense-of-greece
In the latest escalation in the rhetoric emanating from Ankara, Turkey said that any possible move against Greece would be an act of “self-defense.”...
https://knews.kathimerini.com.cy/en/news/local-leaders-arrested-in-asphalt-plant-demo
Two local community leaders in rural Nicosia were arrested on Tuesday after they physically blocked an earth digger that was prepping ground for an asphalt plant in the area...
https://knews.kathimerini.com.cy/en/news/distinctive-tastes-in-rural-cyprus
Many times, in particular villages, you will find restaurants beyond your imagination, places with exceptional and highly rated cuisine....
https://knews.kathimerini.com.cy/en/news/cypriot-officials-smuggle-ailing-berton-out-of-limassol-zoo
There was no end in sight for Berton’s ordeal after news broke on Tuesday that the ailing Savannah cat in state custody was taken to Paphos, unbeknownst to his owner, instead of getting treatment by a local vet in Limassol...
https://knews.kathimerini.com.cy/en/news/former-putin-ally-hospitalized-with-rare-disorder
A former Vladimir Putin advisor who resigned and fled Russia shortly after the Ukraine invasion was this weekend hospitalized with a rare disorder that saw him suddenly losing feeling in his hands and legs, The New York Times reported....
https://knews.kathimerini.com.cy/en/business/cbc-noticeable-decrease-in-household-and-business-debt
Business and household debt in Cyprus reached €56.2 billion in the first quarter of 2022, according to data from the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence
Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-parallels-between-athens-in-2011-and-nicosia-in-2022
In the last ten days, two horrific videos of racist attacks by Greek Cypriots against a Congolese woman in Larnaca and a young man from Pakistan in old Nicosia have come to light....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-rebounds-despite-lack-of-russian-tourists
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of the pandemic....
https://knews.kathimerini.com.cy/en/news/public-rooting-for-hybrid-cat-detained-at-limassol-zoo
Public support came pouring in over the weekend for a woman and her Savannah cat, which is being detained at the Limassol zoo over safety concerns, with social media users shocked that her request to take the animal to the vet was initially rejected...
https://knews.kathimerini.com.cy/en/news/scorching-heat-blankets-large-swath-of-island
Another heat warning for Cyprus’ inland and mountain areas goes into effect on Sunday, with daytime temperature highs expected to climb to 41 degrees Celsius in parts of the interior and 33 high up in the mountains
...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-has-a-strong-presence-at-domestic-award-institutions
Lidl Cyprus received a total of sixteen awards in a wide range of business activity and innovation; notably at the impressive Cyprus HR Awards award ceremony, the Cyprus Responsible Business Awards and Cyprus Retail Excellence Awards as well as at the Cyprus BITE Excellence Awards....
https://knews.kathimerini.com.cy/en/news/first-ship-carrying-ukrainian-grain-leaves-odesa-port
A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since the Russian invasion blocked shipping through the Black Sea five months ago....
https://knews.kathimerini.com.cy/en/business/lidl-continues-to-expand-its-stationary-trade-and-now-operates-more-than-12-000-stores-internationally
Lidl continues to expand its operation in Cyprus and is opening a new store in Limassol on Thursday, July 28. ...
https://knews.kathimerini.com.cy/en/news/covid-16-deaths-and-6-863-new-cases-recorded-this-past-week
Cyprus on Friday announced 16 more deaths from COVID-19 and 6,863 new cases, recorded between July 22 and 28. Seven of the deaths, occurred earlier in the year, between January and July 21....
https://knews.kathimerini.com.cy/en/news/sides-react-‘as-usual-after-council-renews-unficyp
The Security Council on Thursday unanimously adopted a resolution extending the mandate of the United Nations Peacekeeping Force in Cyprus, one of UN’s longest-running peacekeeping missions, drawing different reactions as usually from both sides on the divided island...
https://knews.kathimerini.com.cy/en/news/cyprus-chevron-aphrodite-tactics-irk-israel
A gas field dispute between Cyprus and Israel over a tiny portion, with which the island nation hopes to buy out its neighbor, went in deep water this week after Nicosia and Chevron preannounced plans for Aphrodite despite a decade-long unresolved issue still pending between the two nations...
https://knews.kathimerini.com.cy/en/news/cyprus-police-probe-illegal-stem-cell-therapy
Cyprus Police raided a Long Covid clinic in Larnaca this week where it turned out that stem cells from donors in Ukraine were being used illegally in overpromised patients with chronic illnesses who flock to the island’s southern town for treatment...
https://knews.kathimerini.com.cy/en/business/the-us-has-plunged-into-recession
The US has plunged into recession as soaring inflation hammers the world’s largest economy....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-coordinating-closely-in-anticipation-of-turkish-provocations
Greece and Cyprus accused rival Turkey on Thursday of stoking tensions as Ankara prepared to dispatch a drillship to the Mediterranean next month in a search for natural gas....