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1531. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

1532. What factors played a role in Christodoulides' election?

Nikos Christodoulidis is the eighth President of the Republic of Cyprus and the first in history to not only be the first to cut the thread in the first round of presidential elections without the support of one of the two major parties but also to be elected President while facing AKEL and the leadership of DISY....

1533. LIVE: Countdown to the election of Cyprus new president

In a few hours, Cyprus will know who its new President will be. After an intense and long pre-election campaign, the two candidates, Nikos Christodoulidis and Andreas Mavroyiannis will fight their last battle. Kathimerini's journalists bring you minute-by-minute developments....

1534. Chinese spy balloon contained surveillance equipment

The Chinese spy balloon that the U.S. shot down over the Atlantic Ocean last weekend carried high-tech equipment capable of collecting communications signals and other sensitive information, the U.S. government said Thursday....

1535. France to be first country in the world to introduce 'porn passports'

France is set to introduce 'porn passports' to prove a person is over 18 while accessing sex websites - in a world first that aims to prevent children from viewing explicit material....

1536. Apartment prices continued its upward momentum in Q4 2022

Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....

1537. Death toll surpasses 11,000 as Erdogan visits quake ravaged areas

President Recep Tayyip Erdoğan has visited the region of southern Turkey devastated by this week’s earthquake as the death toll rose above 11,000 and acknowledged that his government faced problems getting aid to victims....

1538. Turkey refuses Cyprus' offer for assistance and aid

Turkey has refused the offer by the Republic of Cyprus to send a rescue team to help with post-earthquake efforts, according to the Director General of the Cypriot Ministry of Foreign Affairs Kornelios S. Korneliou....

1539. Rate of NPL's unchanged in November 2022

Non-performing loans (NPLs) in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans unchanged at 10.5%....

1540. US looking for wreckage of a possible Chinese spy balloon

US Navy divers are working to recover the wreckage of the Chinese surveillance balloon that was shot down off the coast of South Carolina....

1541. Athens a winter wonderland after storm brings loads of snow

Today could be described as a White Monday in Athens because the storm "Barbara" has been pounding the city since last night. In fact, the snowstorm has caused schools to shut down, as well as the public and private sectors....

1542. DISY will now face difficult decisions

The embarrassed expressions on the faces of government and DISY executives who had rallied around Averof Neophytou after his defeat were indicative of the difficult dilemmas DISY will face in the coming day. ...

1543. Secrets of the A380: What passengers never see

1544. Presidential elections 2023: Up to the minute results from each city

Polling stations are finally closed for the day and the counting begins....

1545. Which candidate is leading the exit polls?

The results of the exit polls of all the TV stations have been made public....

1546. Registered unemployed increased by 8.6%

The unemployed persons registered at the District Labour Offices recorded an increase of 8.6% in January 2023, compared to January 2022, reaching 16,758 persons, according to data published by the Statistical Service on Friday....

1547. Every election-related detail you need to know. The results, the locations, and the polls

The presidential election countdown has begun, with only 48 hours until the first round of voting. ...

1548. Americans will soon need to pay a small fee to enter the UK

U.S. citizens will soon have to apply for permission before their United Kingdom trips and pay a small fee to enter as part of the country's upcoming Electronic Travel Authorization scheme....

1549. Interest rates in Cyprus continues its steady rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

1550. PODCAST: Time for the US to put more energy into solving the Cyprus problem

The UN Security Council just renewed the mandate for UNFICYP – the United Nations Peacekeeping Force in Cyprus – for another year instead of for six months. ...

1551. Critics say Cyprus' helmet law is a backward step

Bicycle advocates say a new law in Cyprus that requires cyclists to wear helmets on the road is not the right answer, arguing an austere approach does not make things safer but could result to other problems including unintended consequences...

1552. Half a billion euro investment in digital transformation

Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...

1553. The 8,000 euro electric car is coming to Europe

BYD is preparing to launch the new Seagull electric city car, which will offer a range of 300 km and a plethora of features in addition to an affordable price of around 8,000 euros, depending on the exchange rate....

1554. Tourism revenues are on the mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

1555. Eurostat: Cyprus had the highest stock of NPL's in 2021

In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....

1556. This man has an 86% accuracy rate in predicting the future

Ray Kurzweil, an inventor and futurist, releases his first book. "The Age of Intelligent Machines" discusses artificial intelligence and foresees the rise of the Internet in popularity. Impressive considering there were only 2.6 million internet users worldwide at the time....

1557. CBC: Household debt at 77% of GDP

The household debt ratio stood at 77% of the Gross Domestic Product (GDP) at the end of September 2022, marking a slight decrease compared to the previous quarter, due to the increase in GDP, according to data published by the Central Bank of Cyprus on its website on Tuesday, in the "Quarterly Financial Accounts" edition, for the reporting quarter ending September 2022. ...

1558. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

1559. Guarantor wants off the hook over old bad loan

Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...

1560. Cyprus ranks high in use of electronic cigarettes and hookahs

The Cyprus National Addictions Authority (CNAA) participates in a European citizen's initiative for a smoke-free environment and the first European smoke-free generation by 2030, CNAA President, Dr. Christos Mina announced, during a press conference, on Monday....