Search

211. Injured golden retriever saved from 300-foot cliff

In a heart-stopping incident at Oregon's Ecola State Park, the United States Coast Guard executed a daring rescue to save Leo, a courageous Golden Retriever who tumbled over a 300-foot cliff on New Year's Day....

212. Journalism is (also) a job like any other

Since 2009, when I began working full-time in this field, I've observed the media landscape in Cyprus undergo multiple crises. From the advertising downturn following the 2008 global financial crisis—which didn't directly impact Cyprus—to dwindling sales due to the rise of the internet and social media, and further exacerbated by the banking sector's subsequent turmoil and business closures....

213. Wolfgang Schäuble, former German Finance Minister, dies at 81

Wolfgang Schäuble, the influential former German Finance Minister and speaker of the Bundestag, passed away at 81, leaving a profound mark on European financial affairs....

214. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

215. 2,162 nameless bodies exposed in EU borders investigation

In a startling revelation, The Guardian uncovered a distressing reality – over the past decade, at least 1,015 refugees and migrants who perished at Europe's borders were laid to rest in unmarked graves....

216. Renewable energy hits 17.2%, eyes soaring heights in 2023

The share of energy consumption from renewable energy resources (RES) in 2022 has reached 17.2% in Cyprus and is expected to increase further in 2023 and in the following years, according to the annual report of the Cyprus Energy Regulatory Authority (CERA) for 2022 presented on Wednesday to the President of the Republic Nikos Christodoulides....

217. 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....

218. Which meats will cost you less with zero VAT?

In a recent interview, Kostas Livadiotis, president of the butcher association, shed light on the upcoming changes in VAT for various meat products....

219. Central banks across Europe hold firm amidst rate cut speculations

Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...

220. 'Standing pods' and 'robot flight attendants' on 2050 airline cabins

Artificial intelligence can be brutally honest and play up to stereotypical views - as Irish budget airline Ryanair found out recently....

221. Government cuts traffic by 300 vehicles daily thanks to Pame Express

The government enthusiastically embraced the introduction of an additional Pame Express route starting on October 30. Government spokesman Konstantinos Letymbiotis announced during a routine press briefing at the presidential residence on Tuesday that the Pame Express, which began its pilot phase on September 7, has been averaging around 700 daily trips. Estimates indicate that it is relieving the roads of approximately 300 private vehicles each day in this area. ...

222. Biden's cabinet seeks $105 billion aid for Israel and Ukraine

Defense Secretary Lloyd Austin and Secretary of State Antony Blinken will make the case Tuesday that the United States should immediately send aid to Israel and Ukraine, testifying at a Senate hearing as the administration’s massive $105 billion emergency aid request for conflicts in those countries and others has already hit roadblocks in the divided Congress. ...

223. Heavy rainfall and power outages amidst thunderstorms today

Heavy rainfall was observed in various areas of Cyprus on Wednesday afternoon (11/10). The Meteorological Service has issued a yellow warning for thunderstorms possibly accompanied by hail....

224. ECB VP says interest rate cuts premature

In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....

225. Hellenic Train's revenue plummets after floods

Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece....

226. Hellenic Bank cuts fees for customers

Hellenic Bank is taking steps to enhance its services and support its customers. Mr. Phoebus Stasopoulos, the Senior Banking Manager of Hellenic Bank, announced the expansion of the limit for free SEPA transfers through Online Banking....

227. President Biden stands with striking autoworkers demanding 40% pay raise

President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....

228. Gatwick airport cuts flights amid covid outbreak

229. How high is too high before tax relief kicks in?

Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....

230. Cyprus' 'Photovoltaics for All' cuts electricity costs by 50%

In a bold move to expedite the transition to green energy, the Ministry of Energy is gearing up to unveil a groundbreaking solar energy production initiative that promises to reshape the balance between conventional and green energy sources....

231. ECB raises rates for the 10th time as it tries to quell inflation

The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy....

232. Government cuts interest income rates from 30% to 17%

The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors. ...

233. Fuel prices surge, electricity rates hold steady

Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....

234. Debate rages over Cyprus' efforts to deter migration through benefit cuts

A discussion about the benefits for asylum seekers has arisen recently due to violent and racist incidents in Chloraka and Limassol last week....

235. Poland's big parade shows readiness

Poland held its largest military parade in decades on Tuesday, in a flex of defensive muscle that comes as tensions rise on the border between the NATO nation and key Russian ally Belarus....

236. Uber driver saves over $1,000 monthly with Tesla

Wesley Johnson, 64, uses the income he earns as a San Francisco Uber driver to offer some financial support to his four children and seven grandchildren. ...

237. Iraq cuts diplomatic ties with Sweden over Quran burning

The Iraqi Prime Minister, Mohammed Shia Al-Sudani, ordered on Thursday to withdraw the Iraqi charge d’affaires in Stockholm and expel the Swedish ambassador to Iraq, the Iraqi News Agency (INA) reported....

238. Ministry of Culture to launch 'Kypria' pilot for art festivals

We have fully entered the summer, and the eagerly awaited cultural events have either begun or will soon begin. ...

239. Former US-based bank executive to lead Turkey's Central Bank

Turkish President Recep Tayyip Erdogan on Friday appointed a former U.S.-based bank executive to head Turkey’s central bank, in another sign that his administration might pursue more conventional economic policies....

240. AI-driven job losses surge marking a disturbing trend

Almost 4,000 people who were laid off in May lost their jobs because of artificial intelligence, and it's the first time AI has been listed in the monthly report from Challenger, Gray, and Christmas....