Search

31. EU demands Google breakup over antitrust concerns

European Union regulators hit Google with fresh antitrust charges Wednesday, saying the only way to satisfy competition concerns about its lucrative digital ad business is by selling off parts of the tech giant’s main moneymaker....

32. Corruption? On the island of saints?

The millions - some say billions - that we lost as a state due to the corruption of various officials are not enough. Now we will have to pay additional funds to bring in "esteemed legal experts" from abroad - specifically from Great Britain - to assist in the investigations. Clearly, we are rapidly heading back to an era where corruption was limited, somewhere around 1950....

33. Spain harnesses renewable energy to fuel the entire country's needs for 9 hours straight

Spain is among a handful of countries leading the world in the push toward renewable energy. And last week it reached a new milestone....

34. Restoring a wounded reputation

Last March, a publication by the Financial Times revealed the move of three shareholders of PWC Cyprus to resign from the audit firm and establish the company Kiteserve. ...

35. Cabinet decides to take away Jho Low's passport

The President’s Cabinet in the Republic of Cyprus decided on Thursday to revoke Jho Low’s Cypriot citizenship after gathering information from Interpol to argue against the Malaysian financier’s appeal to keep his citizenship...

36. AI warning: Urgent government intervention needed, says OpenAI CEO

Tech companies are in danger of unleashing a rogue artificial intelligence that will cause “significant harm to the world” without urgent intervention by governments, the creator of ChatGPT has admitted....

37. Washington okays baby deal for Turkish F16

US President Joe Biden's administration is set to move ahead with the sale of a modernization package for Turkey's existing F-16 aircraft, after leaders of US congressional committees gave informal approval, but Turkey's request to buy billions of dollars worth of F-16s remains in limbo...

38. Bad luck can't always be held responsible

“It was an unfortunate moment,” the stationmaster in the deadly train crash is said to have claimed. How many times has the inadequacy and failure of the broader Greek state mechanism been hidden behind such phrases? Sometimes it is blamed on “bad luck,” at others, it is dismissed with “That’s Greece.”...

39. Erdogan accused of inciting conflict to stay in power

The authoritarianism of Turkish President Recep Tayyip Erdogan, as well as his stance with regard to Sweden and Finland’s NATO application, is drawing the ire of an increasing number of international media....

40. Germany to send Leopard tanks to Ukraine

Germany cleared the way on Wednesday for Europe to send scores of battle tanks to Ukraine, and Washington was poised to make a similar announcement - moves hailed by Kyiv as a potential turning point in the war and condemned by Moscow as escalation. ...

41. Hollywood executives brace for ‘year of turmoil’ in 2023

Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....

42. The EU faces a difficult case

The Kaili case is the latest in a string of setbacks. The clumsy (at best) handling of the wiretaps, the Ark revelations, the new episode of excessive police violence, and now the alleged bribery scandal in the European Parliament (EP) are all causing consternation and sadness....

43. Investors lost $1 billion on FTX, prompting calls for industry regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

44. Twitter: Musk warns of the possibility of bankruptcy

45. Zuckerberg says 'sorry' as Meta lays off 1,000 employees

Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....

46. Cyprus' natural gas could be key to 'unlocking' the Cyprus problem

The three candidates for the Presidency of the Republic, Averof Neofytou, Andreas Mavroyiannis and Nikos Christodoulides, outlined their positions at an event on the delimitation of maritime zones in the Eastern Mediterranean",...

47. Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....

48. Celebrities are leaving Twitter in droves thanks to Elon Musk's takeover

Elon Musk's acquisition of Twitter has some in Hollywood heading for the exit....

49. Israel clinches deal with Lebanon, Cyprus still at bay

The eastern Mediterranean was on a roll this week after US mediation managed to get broad acceptance for an Israel-Lebanon maritime demarcation deal, but Tel Aviv still faces another challenge only weeks before elections as not everyone is at ease with similar arbitration efforts to resolve a dispute with Cyprus...

50. 'UN adopts equidistant stance, even when faced with violation of resolutions'

The UN, unfortunately, adopts an equal-distance stance, even when faced with the violation of decisions, resolutions and defined scope and terms of reference specified to the Secretariat said Friday Cyprus President Nicos Anastasiades. He also referred to recent statements by Turkey’s President Tayyip Erdogan which he described as provocative....

51. EC to force energy companies to share their profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

52. Woman forcibly takes savings from Beirut bank using toy gun (video)

A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings....

53. EU plans to cap gas prices risking cutoff from Russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

54. Pakistan's floods fueled by its melting glaciers

A series of extreme floods have utterly devastated the South Asian nation, which is home to some 225 million people, washing away roads and buildings, destroying farms, and stranding hundreds of thousands. ...

55. US to appoint Arctic ambassador, first time in history

The United States is ready to appoint its first-ever American ambassador to the Arctic region, a State Department official has announced, with the move coming at a time when both the Russians and the Chinese are strengthening their presence in the region....

56. Kea opens spectacular shipwreck dive sites

Jacques-Yves Cousteau would probably have been surprised to learn that the wreck of the World War I Britannic (the sister ship of the legendary Titanic) he discovered in 1975 off southwestern Kea would be listed as an underwater historical site almost 50 years later, becoming one of a handful of such marine parks in the world. ...

57. EU to make solar panels mandatory on all new buildings

Solar panels could soon be mandatory on all new buildings in the European Union under a new proposal aimed at rapidly replacing its reliance on Russian oil and gas supplies with renewable energy....

58. Our Shared Values Shine in Our Support for Ukraine

Even before Russia fired the first shots, the United States and European Union member states, including Cyprus, were united in their repudiation of the false pretenses used to initiate the conflict and clear-eyed about the growing danger Ukraine faced...

59. Europe agrees to ban 90% of Russian oil

European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....

60. A new billionaire nearly every day during the pandemic

Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. ...