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121. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

122. Criticism grows as Europe pushes to restrict cars in cities

In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...

123. G20 talks end with no consensus on Ukraine war

Top diplomats from the Group of 20 industrialized and developing nations ended their contentious meeting in New Delhi on Thursday with no consensus on the Ukraine war, India’s foreign minister said, as discussions of the war and China’s widening global influence dominated much of the talks...

124. Protesters want an end to EastMed pipeline project

Environmental activists gathered outside the EU Commission in Brussels on Wednesday warning that in addition to financial and geopolitical arguments against the construction of an EastMed natural gas pipeline, sabotage similar to NordStream last year was also a possible risk...

125. Economic sentiment improved in February

Economic sentiment improved in February, with the Economic Sentiment Index (ESI) rising by 1.9 points compared to January....

126. Christodoulides: 'Open and constructive' first meeting

Turkish Cypriot leader Ersin Tatar arrived at Nicosia airport shortly after 11 a.m., with the necessary delay, to be met by Mr. Colin Stewart, the UN Secretary General's special representative in Cyprus. ...

127. EIB financed €250 million worth of green projects in Cyprus

The European Investment Bank (EIB) reported on Wednesday on its strong engagement in Cyprus for 2022, with new financing signed reaching a total of €250 million, all of which was invested in green projects....

128. Rain expected in some parts of Cyprus

Today, periods of sunshine will alternate with periods of increasing cloudiness, which may result in isolated light rain in the mountains or inland areas in the afternoon and midday. Winds will be mainly variable, light, and 3 Beaufort in the morning, ...

129. 2023 will be the year banks dole out dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

130. All new city buses in the EU to have zero emissions by 2030

The Commission of the European Union has presented a plan through which it requires new buses operating within the bloc to have zero emissions by the year 2030....

131. Relations between Greece and Turkey turn a 'new page', says Cavusoglu

Reflecting the new mood pervading Greek-Turkish relations in the wake of the devastating earthquakes in Turkey, Foreign Minister Mevlut Cavusoglu made reference on Tuesday to a “new page” in relations between Athens and Ankara....

132. Those born in 20 years will live better, says Gates

Bill Gates, the business magnate and co-founder of the Microsoft behemoth, frequently offers his opinions on the existential dangers to the world and humanity, such as climate change and potential future pandemics. ...

133. Airlines to oppose France's ban on short-haul flights

French and European airlines plan to invoke their rights to freedom of movement in protest to the environmental restrictions on short-haul flights, which France has partially banned and Brussels has approved in December....

134. The red warning from the beaches of Protaras

First and foremost, let me state that I am not an environmental expert. As an active citizen, I am recording my concerns about the changes brought about by climate change...

135. New Zealand's youngest prime minister resigns

New Zealand Prime Minister Jacinda Ardern announced in an emotional press briefing that she will step down, saying 'it's time'....

136. Electric charging points in Nicosia unveiled today

The promotion of electric vehicle charging infrastructure will create the green and sustainable cities and communities of tomorrow said the Minister of Transport, Communications and Works, Yiannis Karousos,...

137. PWC survey: Seven out of ten CEOs are pessimistic about 2023

According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....

138. Prostitutes gather in Davos for annual meeting of global elite

The global elite tackling the world's problems at the Davos summit including gender inequality is fuelling a surge in prostitution in the Swiss resort....

139. Storm after storm batters California's coastline with no end in sight

Multi-million dollar beach homes battered by winds, cars swallowed up by sinkholes, and over a dozen people killed - after weeks of extreme storms, many Californians are wondering when it will end....

140. Rising cost of living worrisome for almost all Cypriots

The rising cost of living, the threat of poverty and social exclusion, and the migration issue are Cypriots’ greatest concerns according to the European Parliament’s Autumn 2022 Eurobarometer Survey released on Thursday....

141. UN chief sees no common ground in divided Cyprus

UN Secretary-General Antonio Guterres' report on the United Nations Peacekeeping Force in Cyprus, released on Wednesday night as an official document of the Security Council, number S/2023/3, records the lack of common ground between the two sides for peace talks leading to a mutually agreeable solution...

142. Princess Anne welcomed by President Anastasiades (photos)

Princess Anne of the United Kingdom, who is in Cyprus to inspect the British contingent in UNFICYP, met with President of the Republic Mr. Nicos Anastasiades this morning at the Presidential Palace....

143. Nikos Christodoulides: Discussing changes to the Guterres framework

"I didn't hear anyone mention Mr. Kasoulides, the foreign minister, after the wreckage in Crans Montana. Nobody could blame him. He was not the most directly involved, nor was he the one who would take the final decisions..." ...

144. Leaked UN report on Cyprus raises eyebrows

A draft report by the UN Secretary General on the peacekeeping force in divided Cyprus has been leaked to Greek Cypriot media, prompting political pundits to point to bleak and candid references to a host of divisive issues including...

145. Cyprus' Russian-Ukrainian duo head to Antarctica

Two Limassol residents, a man from Ukraine and a woman from Russia, are flying to the earth’s southernmost town, where they will embark on a mission to Antarctica to plant their flag on New Year's Day...

146. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

147. The fierce battle for second place

148. The Louvre, the British Museum, and now the New Cyprus Museum (photos - video)

Work on the New Cyprus Museum will begin in January 2023, and the project is expected to take 42 months to complete, with completion scheduled for mid-2026. ...

149. 'K' poll: The race for second place (graphics)

We are in the crucial final sixty days before the elections, and everything points to a sensational thriller, a fierce battle for the coveted second place....

150. House up in arms over north’s Varosha plans

The parliament in the Republic of Cyprus is calling on the European Union and United Nations to ‘take concrete measures' against Turkish Cypriot plans to open the entire ghost town of Varosha, following comments made on the campaign trail by politicians in the north...