https://knews.kathimerini.com.cy/en/news/world-faces-food-crisis-due-to-ukraine-war
A global food crisis looms unless the war in Ukraine is stopped because fertilizer prices are soaring so fast that many farmers can no longer afford soil nutrients, Russian fertilizer and coal billionaire Andrei Melnichenko said on Monday....
https://knews.kathimerini.com.cy/en/news/russia-will-default-on-its-debts-imminently-fitch-ratings-agency-has-warned
Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....
https://knews.kathimerini.com.cy/en/business/russian-bank-subsidiary-in-europe-collapses
While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...
https://knews.kathimerini.com.cy/en/business/how-$300-billion-in-russian-money-can-shake-markets
Credit Suisse's strategic analyst Zoltan Pozsar, who shows that Russia has about $ 300 billion in foreign currency swaps abroad,...
https://knews.kathimerini.com.cy/en/business/digital-ruble-trial-goes-live-as-bank-of-russia-insists-on-bitcoin-ban
Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency....
https://knews.kathimerini.com.cy/en/news/turkish-opposition-leader-refuses-to-pay-power-bill-in-protest
Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....
https://knews.kathimerini.com.cy/en/news/desperate-afghan-families-resorting-to-selling-their-kidneys-and-even-their-own-children-to-buy-food
Entire families in Afghanistan have been forced to sell their kidneys so they can buy food, as the country plunges deeper into a humanitarian crisis....
https://knews.kathimerini.com.cy/en/news/rising-anger-with-turkey-drives-calls-for-reunification-in-crisis-hit-northern-cyprus
In his sun-filled office in north Nicosia, Şener Elcil is plotting his next protest. Anger, he says, is in the air in Turkish-occupied northern Cyprus....
https://knews.kathimerini.com.cy/en/news/turkey-s-inflation-hits-a-19-year-high-of-36
Turkey’s yearly inflation climbed at the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday....
https://knews.kathimerini.com.cy/en/business/reflections-on-20-years-of-the-euro
Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....
https://knews.kathimerini.com.cy/en/news/the-majority-in-the-occupied-territories-are-in-favor-of-the-adoption-of-the-euro
The majority of those living in the occupied territories support the changeover to the euro to reduce the effects of the crisis due to the fall of the Turkish pound, according to the latest part of the poll by the Center for Migration, Identity and Rights Research (CMIRS)....
https://knews.kathimerini.com.cy/en/news/financial-turmoil-hits-turkish-cypriots
Serious side effects from the lira's plunge–Basic food products are becoming more expensive
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https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....
https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar
The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....
https://knews.kathimerini.com.cy/en/news/turkish-lira-blows-through-15-to-dollar-ahead-of-rate-decision
The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....
https://knews.kathimerini.com.cy/en/news/clarifications-min-health-for-the-new-measures-the-exceptions-for-telework
In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....
https://knews.kathimerini.com.cy/en/comment/opinion/the-cost-of-erdogan-s-behavior
Driven by arrogance and his neo-Ottoman ambitions, Recep Tayyip Erdogan behaves as if Turkey is some sort of unbound superpower which is immune to criticism...
https://knews.kathimerini.com.cy/en/news/greek-us-relations-take-on-a-new-level
The renewal of the defense pact last week with the US further shields Greece from threats,...
https://knews.kathimerini.com.cy/en/comment/opinion/the-city-of-london-is-hiding-the-world-s-stolen-money
In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....
https://knews.kathimerini.com.cy/en/news/futuristic-mega-yacht-back-in-cyprus
The futuristic mega yacht owned by a Russian industrialist is drawing attention once again in Cyprus, with maritime maps showing the Sailing Yacht A anchored in Chrysochou Bay on Monday morning...
https://knews.kathimerini.com.cy/en/business/china-declares-all-cryptocurrency-transactions-illegal
China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrency
If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....
https://knews.kathimerini.com.cy/en/news/antonis-polemitis-at-digital-agenda-cyprus-summit-2020
Mr. Polemitis has two decades of experience in higher education, private equity, and software development. He has a deep understanding of global higher education, having served as a CEO, investor, board member, instructor and technology developer in the field. He has been a principal or advisor for a broad range of corporate financings in the United States, Europe, Latin America and India, ranging from multi-billion dollar industrial buyouts to early stage venture capital. He has also led the development of high-scale cloud-based technology platforms in multiple industries....
https://knews.kathimerini.com.cy/en/news/mixed-reviews-for-cyprus-anti-money-laundering
A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...
https://knews.kathimerini.com.cy/en/news/turkish-clothes-makers-see-orders-shifting-from-coronavirus-hit-china
Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-off-costly-crisis-loan-early
The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...
https://knews.kathimerini.com.cy/en/business/how-will-digital-shape-your-future
As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...
https://knews.kathimerini.com.cy/en/news/murder-suspect-wanted-north-arrested-south
The alleged mastermind behind the murder of a Turkish Cypriot businessman in the north was reportedly injured in the south while trying to evade arrest by Greek Cypriot police...
https://knews.kathimerini.com.cy/en/news/as-prospect-of-election-looms-mps-begin-no-deal-brexit-battle
UK lawmakers will decide on Tuesday whether to shunt Britain towards a snap election when they vote on the first stage of their plan to block Prime Minister Boris Johnson from pursuing a no-deal Brexit.
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https://knews.kathimerini.com.cy/en/news/south-hands-over-another-suspect-to-north
Another murder suspect wanted in the north in the murder of a Nicosia businessman has been handed over to Turkish Cypriot authorities, as anti-crime cooperation between the two communities continues...
