https://knews.kathimerini.com.cy/en/news/tornado-wreaks-havoc-in-limassol-homes-damaged
In the early hours of Wednesday, Cyprus faced a barrage of intense weather phenomena, with Limassol province experiencing the brunt of the onslaught....
https://knews.kathimerini.com.cy/en/news/1-cyprus-grapples-with-impending-price-increases-in-appliances
Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...
https://knews.kathimerini.com.cy/en/news/rain-snow-and-slippery-roads-ahead
Cyprus is gearing up for a weather rollercoaster this weekend as rain, snow, and slippery roads are on the horizon. ...
https://knews.kathimerini.com.cy/en/news/severe-weather-warnings-across-cyprus
Cyprus is bracing for a spell of unsettled weather as a low-pressure system, dubbed ''Dawn,'' exerts its influence over the island nation until Thursday, according to forecasts from the Meteorological Service....
https://knews.kathimerini.com.cy/en/business/businesses-fear-global-tax-reform-will-lead-to-double-taxation
Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....
https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
https://knews.kathimerini.com.cy/en/business/anticipated-20-surge-in-orange-prices
Consumers are set to face a 20% surge in the price of oranges on supermarket shelves in the near future....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments
The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....
https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/news/shell-halts-red-sea-route-amidst-houthi-threats
In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/central-bank-chief-cautions-on-early-rate-cuts-amid-global-tensions
Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/news/a-government-on-fragile-ground
In May 2022, Nikos Christodoulides announced his candidacy for the Presidency of the Republic, only to be overshadowed by the revelation of a partially plagiarized speech from Ioannis Kasoulides during the 2008 presidential election....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-15-griffon-vultures-in-battle-for-survival
In a renewed effort to save the endangered Cypriot Griffon Vulture, fifteen new arrivals from Spain landed in Cyprus in December....
https://knews.kathimerini.com.cy/en/news/rising-hospitalizations-and-concerns-amidst-low-vaccination-rates
Charalambos Charilaou, the Press Representative of OKYPY (Organization of State Health Services), addressed the surge in hospitalizations due to viral pneumonia and the rising number of COVID-19 cases in an interview ...
https://knews.kathimerini.com.cy/en/news/cypriot-market-braces-for-impact-amidst-suez-canal-disruptions
In a recent interview with KEBE Secretary General Marios Tsiakkis, concerns were raised about the inevitable impact on product prices in Cyprus due to increased fees for ships carrying containers. ...
https://knews.kathimerini.com.cy/en/news/india-deploys-warships-amid-rising-tensions-in-the-red-sea-region
India is intensifying its involvement in the chain of events stemming from the conflict in Gaza to Houthi attacks on merchant ships near Yemen by dispatching its warships to the Red Sea....
https://knews.kathimerini.com.cy/en/news/2-over-215m-covid-vaccines-trashed-€4b-down-the-drain
In a concerning revelation, European countries have disposed of more than 215 million doses of COVID-19 vaccines, originally procured at the peak of the pandemic....
https://knews.kathimerini.com.cy/en/news/major-shipping-firms-redirect-routes-as-red-sea-attacks-intensify
In a significant move with potential global repercussions, major shipping companies, including MSC, Maersk, and Hapag-Lloyd, opt to steer clear of the Red Sea route....
https://knews.kathimerini.com.cy/en/news/us-sanctions-hit-four-cyprus-entities-tied-to-russian-defense
In a strategic move, the United States Treasury Department has unveiled a targeted set of sanctions aimed at four legal entities associated with Cyprus....
https://knews.kathimerini.com.cy/en/life/doughnut-diplomacy-as-krispy-kreme-invades-paris-sparking-croissant-crisis
France, renowned for its culinary artistry, especially in the realm of patisserie, has recently found itself caught in the irresistible allure of the American doughnut, courtesy of Krispy Kreme....
https://knews.kathimerini.com.cy/en/news/no-plans-to-cut-interest-rates-amid-inflation-worries
The perspective advocated by many young individuals, endorsing a declaration of victory over inflation, is articulated by Dr. Jensen, the president of the German Bundesbank....
https://knews.kathimerini.com.cy/en/business/dac6-revisited-through-the-prism-of-dac8
The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....
https://knews.kathimerini.com.cy/en/news/supermarkets-in-spain-take-extreme-measures-to-protect-olive-oil
In Spain, the world's leading olive oil producer, supermarkets are resorting to extreme measures as the price of this liquid gold skyrockets. With some bottles reaching 14.5 euros, theft is on the rise, prompting anti-theft devices on olive oil shelves....
https://knews.kathimerini.com.cy/en/news/argentina-elects-maverick-economist-javier-milei-as-president
Argentina has chosen controversial libertarian Javier Milei as its president for the next four years. ...
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-$1-22-billion-for-electric-cars
Cyprus is set to undergo a transformative phase with its revised Recovery and Resilience Plan, valued at $1.22 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-seizes-5-000-illegal-meds-in-pangea-operation
The fear of social stigmatization among our fellow citizens regarding diseases such as mental illness, HIV/AIDS, and erectile dysfunction is being intentionally exploited....
