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391. US Fed raises interest rates by .75%, largest hike in 30 years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

392. Hezbollah issues warning as Greek company goes deep

Tensions are rising in the eastern Mediterranean as a dispute previously thought to have been resolved between Israel and Lebanon was back on the agenda when a statement from Greek company Energean touched a nerve with Hezbollah...

393. Earthquake off Cypriot south coast shakes island

An early morning earthquake shook Cyprus on Friday just off the coast of Larnaca, felt by people across the island and region...

394. New diabetes drug helps people lose weight

A weekly dose of a medication recently approved by the US Food and Drug Administration to treat type 2 diabetes may help adults without diabetes lose weight as well, a new study found....

395. Greece on alert, bracing for all possible scenarios

Athens is reportedly on full alert even for the most extreme scenario on the part of Ankara, given that Turkish President Recep Tayyip Erdogan is under pressure domestically and resorting to increasingly incendiary rhetoric....

396. Turkey buying stolen Ukrainian grain from Russia

Kyiv's ambassador to Ankara said on Friday Turkey is among the countries that is buying grain that Russia stole from Ukraine....

397. Global IPO market experiences significant slowdown in Q1 2022

398. Monkeypox outbreak management plan close to being finalised

The process of drawing up a management and action plan by the Ministry of Health to deal with a possible detection of monkeypox cases in Cyprus is in its final stage, a source of the Ministry has said....

399. Are you living with a furry psychopath?

Is your cat's behavior concerning? Does your cat enjoy staring contests and get the late-night zoomies? Does the little ball of fur sometimes randomly attack you from a high shelf?...

400. Op-ed: The handmaidens of the right

It was the decade of the 70s when my friend Katerina and I were students at Pierce College in Athens. With our group of friends we spent happy, carefree days exploring the old city, its galleries and parks, its nightspots and museums....

401. K. Treppides & Co Ltd: Digitalization of the Global Tax Administration

In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...

402. EC projects economic slowdown and rising inflation in Cyprus

The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....

403. Gender equality of great importance to Cyprus government

Promoting gender equality is of great importance for the government, Cyprus President Nicos Anastasiades said on Tuesday....

404. Lawyer lying his way into client’s quarter million

A lawyer in Cyprus, who has been accused of pocketing a quarter million euro of insurance money awarded to his client, is facing multiple fraud charges following his extradition by German authorities years later...

405. Migration officials on alert after unexplained fires

Officials in Cyprus are investigating several fires that broke out at Pournara migrant facility in rural Nicosia, while an investigation into another blaze at apartment building in Larnaca was inconclusive after foreign nationals had to evacuate late at night...

406. Op-ed: ESG, DEI and other acronyms and why we need to know about them IMHO*

Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....

407. English will be used in newly established commercial and maritime courts

Cyprus' Justice Minister, Stephie Dracos, expressed on Friday her satisfaction with a constitutional amendment to allow the use of the English language by two new Courts that are expected to be created, the Commercial Court and the Maritime Court....

408. Commissioner Gabriel urges Cypriot students and staff to take advantage of EU programs

Commissioner Gabriel urges Cypriot students and staff to take advantage of EU programs and travel all over Europe, ...

409. UN: Obesity levels in Europe at ‘epidemic proportions’

The World Health Organization says the rates of people who are obese and overweight in Europe have hit “epidemic proportions,” with nearly 60% of adults and a third of children in one of those categories....

410. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

411. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

412. Land earthquake and aftershocks hit Cyprus

A 4.7 magnitude earthquake struck Cyprus on Tuesday night, with the shaking felt in many districts across the island and throughout the region...

413. Test drive tag misuse out in the open

The Transport Department is getting more negative publicity this week after information about widespread misuse of test drive tags reached lawmakers, with the minister vowing to tackle corruption from one scandal to the next...

414. The MSCI 2021 results are in - Consulco Outperforms the Market

The MSCI results are now available, and Consulco’s London commercial real estate portfolio has outperformed the Greater London Retail property market in all time frames over 3, 5 & 10 years, achieving a 7.5% total return per annum since inception....

415. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

416. More than 100 private jets owned by Russian oligarchs are stuck in Dubai

Private jets belonging to Russian oligarchs that flew to Dubai to seek refuge from sanctions, following Russia's invasion of Ukraine are effectively stuck there, The Wall Street Journal reported....

417. EIB ready to offer funding to mitigate effects of Ukrainian war on Cyprus

New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...

418. 'The Cypriot economy must be diversified'

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....

419. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

420. No more masks outdoors and an end to Safe Pass

The Cabinet of Ministers adjourned at noon today, but not before approving a set of new relaxed covid measures put forth by the Scientific Advisory Committee after yesterday's assessment and meeting with the Minister of Health Michalis Hadjipandelas....