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271. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

272. Cyprus drives into the future with ADAS/AD for safer roads

In Cyprus, a groundbreaking project is quietly reshaping road safety dynamics, blending seamlessly into daily life across the island....

273. Upgraded cars and mobile bases for Cyprus police

With new police vehicles and Mobile Command Stations, the fleet of the Police Force is being bolstered in the immediate future. This includes 46 hatchback patrol cars and two vehicles specially configured to function as Mobile Command Stations. ...

274. Cyprus firm on expanding Russia sanctions

During the discussion at the European Union's Foreign Affairs Council (FAC) held in Brussels on Monday, Cyprus took a clear stance on the issue of EU sanctions against Russia for its invasion of Ukraine, which marks two years in two days. ...

275. EU Court upholds 'Halloumi' PDO registration

In a significant legal development, the EU General Court has dismissed an appeal by Cypriot cheese makers challenging the registration of the name 'Halloumi'/'Hellim' as a Protected Designation of Origin (PDO) by the European Commission in April 2021....

276. Cyprus economy 2024: Ktrends reveals challenges and successes

Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...

277. Porsche's new Panamera e-hybrids: Faster, greener, better

Porsche presents two new e-hybrid variants of the Panamera...

278. Kato Pyrgos aims to become Cyprus' first energy self-sufficient community

Inspired by the success of the Tilos Project, the first operational renewable energy initiative that achieved energy independence for the island of Tilos, Kato Pyrgos aspires to become the first energy self-sufficient community in Cyprus. ...

279. Navalny's bruised body uncovered, investigation gains momentum

In a dramatic turn of events, the body of Alexei Navalny has been discovered following yesterday's thriller where his relatives claimed he was not returned to them by Russian authorities....

280. Traffic surveillance expands in Larnaca and Limassol (camera locations)

On Monday, eight new photo-recognition cameras commenced operations in selected locations within the Larnaca and Limassol districts, part of an expanding traffic violation monitoring system. ...

281. Tenants urge Parliament for fairness amid €150 to €2,800 spikes

The Professional Committee for the Management of Turkish Cypriot Properties in Limassol has reported significant rent hikes for commercial assets....

282. New evidence points to speeding in quadruple fatality case

In the aftermath of the tragic quadruple fatality on the Limassol-Platra road, new evidence suggests that the 44-year-old driver of the double-cab vehicle was exceeding the speed limit at the time of the accident....

283. Tesla drivers caught wearing Apple's Vision Pro headsets

U.S. Transportation Secretary Pete Buttigieg cautioned drivers on Monday, emphasizing the importance of human attention behind the wheel, following the circulation of videos showing individuals seemingly using Apple's new Vision Pro headset while operating Teslas....

284. T/C's want incentives from G/C's to return to talks

''I personally think there is flexibility in the positions expressed by the Turkish side" says British High Commissioner Irfan Siddiq, explaining that "they want to have the right to talk about a separate state...''...

285. Businesses can now register for renewable energy funding programs

Businesses interested in participating in grant schemes to encourage the use of Renewable Energy Sources (RES) and Energy Efficiency (EE) are now able to register, according to the Management Committee of the Renewable Energy Sources (RES) and Energy Saving (EE) Fund....

286. How accurate were 1924's predictions for 2024?

In the echoes of 1924, visionaries dared to peek into the future, envisioning what life might resemble a century later - in our very own 2024....

287. Large dog mauls Miniature Pinscher in Mesogi horror

A distressing incident unfolded yesterday afternoon in Mesogi's industrial zone as a woman walked her daughter's small dog, only to encounter a harrowing attack by a large black dog....

288. Transport for London accused of exploiting EU drivers for fines

European governments allege one of the largest data breaches in EU history as Transport for London (TfL) accused of illegally obtaining personal data for fines....

289. Macan sets new standards: the first all-electric SUV from Porsche

290. Cypriot society: A landscape where pizzas outpace police

We live in a society where pizzas arrive faster than the police, once remarked French director Claude Chabrol, and I fear this holds particularly true in the case of our state. Unfortunately, unlike the Cypriot Police, the Cypriot underworld operates like a Swiss watch....

291. Japanese shipping giants halt Red Sea routes amid rising security concerns

In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....

292. Antoniou: ''Expect price hikes in consumer goods by month's end''

In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....

293. Greek cargo ship survives Red Sea ambush unscathed

In a concerning incident in the Red Sea, a cargo ship named Zografia, flying the Maltese flag and owned by Greece, faced an attack. Initial reports indicate that the vessel sustained minor damage during the assault....

294. Forty percent of global jobs face disruption because of AI

Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....

295. Taiwan elects Lai Ching-te as President amidst China's strong disapproval

Taiwan's political landscape makes history as Lai Ching-te and the Democratic Progressive Party (DPP) clinch a landmark third consecutive term....

296. USA: Detroit unveils groundbreaking electric charging road

Detroit has reportedly unveiled new technology beneath its streets after a year of waiting, with electric vehicles able to get a boost that could ultimately make range anxiety a thing of the past....

297. Putting the new Macan through its paces in the name of performance and efficiency

Porsche is putting the prototype of the all-electric Macan through an exacting and gruelling test programme to prepare the follow-up to the successful SUV for its upcoming world premiere. ...

298. Companies grapple with soaring fines amidst regulatory confusion

There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....

299. President contemplates restart amidst manipulation claims

The official first was Wednesday, January 10, for the new members of the Government after they officially received their portfolios from the President of the Republic Nikos Christodoulidis....

300. Home building costs up by 20%, insights for buyers

Geopolitical developments, marked by conflicts in Ukraine and Gaza, have led to a notable surge in house prices, revealing a 20% increase in construction costs since 2019,...