https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/news/turkey-steps-up-focus-on-cyprus-as-israel-ties-expand
Cyprus is finding itself more frequently at the center of discussions about Israel's growing strategic footprint in the Eastern Mediterranean, as regional rivalries continue to reshape security and diplomatic relationships across the region....
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-reopening-depends-on-mine-clearance-effort
The agreement between Washington and Tehran has increased expectations that commercial shipping and energy exports through the Strait of Hormuz can resume without disruption. President Donald Trump stated on Sunday that oil shipments from both directions would continue, helping calm fears of supply shortages in global markets....
https://knews.kathimerini.com.cy/en/news/terra-cypria-accuses-authorities-of-failing-to-protect-lady-s-mile-beach
Environmental organisation Terra Cypria has accused authorities of failing to properly protect Lady’s Mile beach, saying commercial activity and insufficient enforcement are damaging one of Cyprus’ important nesting sites for sea turtles....
https://knews.kathimerini.com.cy/en/news/a-deal-at-last-possible-us-iran-breakthrough-could-spell-relief-closer-to-home
After weeks of speculation, mixed signals, and previous announcements by US President Donald Trump that suggested a breakthrough was near, Washington and Tehran appear to be closer than ever to ending a conflict that has kept the Middle East on edge and sent shockwaves through global energy markets....
https://knews.kathimerini.com.cy/en/news/suspect-in-hamas-linked-terror-case-released-on-€1-million-bond
The high-profile terrorism case that has raised security concerns in Cyprus and Greece took a new turn on Friday, after the Larnaca District Court ordered the release of a 54-year-old man under strict conditions, ruling that the evidence connecting him to the alleged plot showed weaknesses....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/diplomatica/cyprus-and-qatar-share-the-same-goal-stability
Diplomats are often judged not only by the positions they represent but also by their willingness to engage with the people and communities around them. Since arriving in Cyprus for his first posting on the island, Qatar’s ambassador, H.E. Yousef Sultan Laram, has made a noticeable effort to do just that, building connections, participating in some community events, and remaining accessible whenever possible.
...
https://knews.kathimerini.com.cy/en/business/good-news-for-tourism-uk-and-us-ease-travel-advisories-for-cyprus
The summer season is getting off to an encouraging start for Cyprus' tourism industry, which has faced growing uncertainty in recent months due to the crisis and geopolitical tensions in the Middle East....
https://knews.kathimerini.com.cy/en/diplomatica/cyprus-loses-close-vote-for-un-general-assembly-presidency
Cyprus was narrowly defeated in its bid to lead the United Nations General Assembly after Bangladesh’s Foreign Minister, Khalilur Rahman, secured the presidency of the body's 81st session in a closely fought election on Tuesday....
https://knews.kathimerini.com.cy/en/news/us-puts-cyprus-back-in-safest-travel-category
The United States has lowered its travel advisory for Cyprus to Level 1, the lowest risk category in its travel warning system, marking a return to normal after months of heightened concern linked to regional instability in the Middle East.
...
https://knews.kathimerini.com.cy/en/news/us-missile-strike-disables-cargo-ship-attempting-to-breach-iran-blockade
The United States military says it has taken action against a merchant vessel that attempted to enter an Iranian port despite restrictions imposed under Washington's maritime blockade....
https://knews.kathimerini.com.cy/en/news/provocative-salaries-pensions-and-payouts-for-mps
One issue that has come back into focus is the generous pension package, lump-sum payments, and salaries enjoyed by members of the House of Representatives. Unsurprisingly, no MP has ever stepped forward to defend them....
https://knews.kathimerini.com.cy/en/diplomatica/hong-kong-drama-‘afterpiece-to-open-shanghai-international-film-festival
The Hong Kong drama 'Afterpiece', produced by Derek Yee and directed by debut filmmaker Keane T.K. Wong, will have its world premiere as the opening film of the 28th Shanghai International Film Festival, set to run from June 12 to 21....
https://knews.kathimerini.com.cy/en/news/judge-recuses-himself-ahead-of-high-profile-trial
A high-profile rape trial involving the suspended mayor of Paphos was briefly delayed on Tuesday before it even began, after the presiding judge asked to withdraw from the case due to potential conflict of interest concerns....
https://knews.kathimerini.com.cy/en/news/european-parliament-calls-for-turkish-troop-withdrawal-from-cyprus
The European Parliament has approved a recommendation calling for the withdrawal of Turkish troops from Cyprus and the restart of negotiations on the Cyprus issue under a bizonal, bicommunal federation framework with political equality, in line with United Nations resolutions....
https://knews.kathimerini.com.cy/en/news/athens-warns-kyiv-over-ukrainian-naval-drones-operating-near-greek-waters
Athens is sending a message to Kyiv that, following the detection and identification of a Ukrainian naval drone off Lefkada, Ukraine should withdraw any drones that remain undetected and operating far from Greek shores....
https://knews.kathimerini.com.cy/en/comment/opinion/prudently-sparingly
The fact that the Cypriot economy is showing growth does not mean the government should be handing out money freely to everyone....
https://knews.kathimerini.com.cy/en/news/forest-firefighters-say-dangerous-policy-failures-are-putting-lives-and-forests-at-risk
Cyprus’ forest firefighters will stage a 48-hour strike on May 25-26, accusing the Forestry Department of ignoring agreements designed to protect both firefighters and forests during wildfire operations....
https://knews.kathimerini.com.cy/en/comment/opinion/give-peace-a-chance
In 2015, during his presidential campaign, Donald Trump said of the foreign policy he intended to pursue that “there’s something unpredictable about Trump, and that’s wonderful.” He was obviously referring to himself in the third person and suggesting that leaders should never reveal what they are about to do....
https://knews.kathimerini.com.cy/en/diplomatica/russian-victory-day-events-held-across-cyprus
Commemorative events marking the 81st anniversary of Victory Day took place across Cyprus on May 9, with ceremonies, marches and concerts organised in several cities....
https://knews.kathimerini.com.cy/en/news/greek-authorities-on-alert-after-explosive-packed-sea-drone-found-off-lefkada
Greek authorities are investigating a potentially serious security incident after a naval drone discovered off the island of Lefkada was reportedly found carrying possible explosive material, according to Greek media reports and security sources....
https://knews.kathimerini.com.cy/en/business/cia-doubts-iran-is-close-to-collapse-despite-trump-claims-war-may-soon-end
A classified CIA assessment delivered to the US government this week has concluded that Iran could withstand a US naval blockade for at least three to four months before facing more serious economic strain, according to multiple US officials cited by The Washington Post....
https://knews.kathimerini.com.cy/en/business/airlines-slash-millions-of-seats-as-fuel-fears-shake-global-travel
Airlines around the world are cutting flights, shrinking schedules, and scrambling to save fuel as growing concerns over global fuel supplies begin to hit the aviation industry.
...
https://knews.kathimerini.com.cy/en/news/eastern-mediterranean-tensions-ease-as-warships-begin-leaving-region
The de-escalation seen in recent weeks in the conflict involving Iran is also leaving its mark on the eastern Mediterranean, with a noticeable reduction in the naval presence in the region....
https://knews.kathimerini.com.cy/en/news/europe-debates-energy-aid-as-families-fear-new-spike-in-bills
As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...
https://knews.kathimerini.com.cy/en/news/supreme-court-rejects-polish-investor-s-appeal-over-2013-bank-haircut-losses
Cyprus’ Supreme Court has rejected an appeal by a Polish woman who sought compensation from the Republic of Cyprus over losses she suffered during the 2013 banking crisis, bringing a long-running legal fight over deposit “haircuts” to a close....
https://knews.kathimerini.com.cy/en/news/property-sales-surprise-in-march-despite-regional-tensions
Cyprus’ property market delivered an unexpected boost in March, defying concerns that regional conflict would drag demand down....
