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1. Cyprus ends fuel tax break, prices set to spike from April 1st

Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....

2. Paphos Mayor calls for immediate action amid escalating crime wave

The Mayor of Paphos, Phedonas Phedonos, expressed deep concern over a recent spike in criminal activities over the past 25 days, urging immediate action from the State to demonstrate political will....

3. Stellantis Group shifts gears in Cyprus, hands dealerships to CIC Automasters

In a significant development for Stellantis Group's car dealerships in Cyprus, the renowned global car manufacturer is set to transfer operations to CIC Automasters Group. ...

4. Turkey pardoning is as American as apple pie

Continuing a tradition that dates back to 1947, President Joe Biden celebrated his 81st birthday on Monday by pardoning two turkeys, Liberty and Bell. ...

5. Stolen masterpiece emerges in Lancashire after 60 years

A painting stolen from a New York gallery 60 years ago in a daring $1 million heist has turned up 3,300 miles away in Lancashire....

6. Guardian: Russian money flows ''without questions'' in the occupied territories

In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...

7. The IKEA-inspired eco car that will be delivered flat-packed

It isn’t likely to be your next home DIY project, but there is a company that’s looking to turn IKEA’s flat-packed furniture design into cars....

8. Lexus: Reliably number one for reliability

Fashions come and fashions go, but with each year that passes Lexus reliability remains constant. The lasting quality of its vehicles has been validated yet again with the number one ranking in the annual What Car? Reliability Survey for a seventh time....

9. Animal welfare and permit disputes fuel tensions as bears remain in limbo

Menelaos Menelaus, commonly known as "Melios," has spoken out about the presence of two bears discovered on his premises, which used to operate as a zoo....

10. Oregon's magic mushroom trials draw thousands

Psilocybin tea, wind chimes and a tie-dye mattress await those coming to an office suite in Eugene to trip on magic mushrooms....

11. Four accused of brutalizing child freelance dealer

"They treated me worse than an animal," said the young man who was beaten, burnt, and forced to snort cocaine by drug traffickers....

12. Tesla Model X resurrects in Ukraine after totaling in the U.S.

A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC Executive Editor Jay Yarow, months later....

13. Electrifying Cyprus: Only 2.5K EVs drive the change

A total of 26,462 vehicles have been registered with the Department of Road Transport between January and July 2023, according to the most recent data released by the Department of Statistics. Out of the overall new registrations, 701 were electric vehicles, with 502 of them being private saloon cars....

14. Biden whistleblower accused of being foreign agent, arms dealer

A missing witness into the investigation of Hunter Biden's business dealings who claims he has proof of the President's son's corrupt connections to the Chinese government has reappeared after he himself was accused of being a Chinese agent and fled custody....

15. Debate on fuel from north misfires ahead of protest

Greek Cypriot gas station owners are livid with government officials who told the public it is not illegal to buy Turkish Cypriot gasoline, sparking a chaotic debate on Tuesday as protesting fuel dealers move to block motorists from entering the north...

16. Cyprus's slow ride on the electric car bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

17. Biden whistleblower hints at Cypriot help in run off

Biden whistleblower Gal Luft appears to have resurfaced after going missing earlier this year in Cyprus, with a New York Post piece suggesting the Israeli professor who was in custody on a US arrant had escaped with help on the island...

18. Political storm brewing in Cyprus over Biden whistleblower

An Israeli professor facing US extradition in Cyprus, where he is currently under house arrest, is calling on his native country to 'rescue' him from Biden, giving rise to speculation that his court case in Larnaca could become a hot potato for the island’s new government that maintains strong ties with both Tel Aviv and Washington...

19. Man arrested in Cyprus drops bombshell Biden allegation

A professor from Israel, who was arrested in Cyprus on a US warrant, says his prosecution is politically motivated and further alleges that the Justice Department is trying to discredit him over dirt he has on Hunter Biden’s deals with China...

20. Yachts & Co is the new dealer in Cyprus for Feretti Yachts, Riva, Pershing and Itama

21. PORSCHE CYPRUS: 30 years of an iconic journey

This year, PORSCHE CYPRUS celebrates 30 years of iconic performance on Cypriot roads. All this is thanks to the vision of Alkis Iacovides, the man who passionately loved PORSCHE and decided to introduce the favorite German car models in Cyprus three decades ago....

22. Washington stops short of tongue-lashing Nicosia

Washington says there is no new policy to announce regarding a recent arms embargo lift on the Republic of Cyprus, following news that US sanctions have been imposed on several dealers including individuals who are based on the island...

23. Russian arms dealer exchanged for Britney Griner won't fight in Ukraine

The Russian arms dealer who was freed in a prisoner exchange for Brittney Griner late last year has walked back on earlier claims that he would volunteer to fight on the front line in Ukraine....

24. The most likely scenario for the drugs found in Protaras

Stelios Sergides, deputy commander of the YKAN, told CNA that 340 kilos of cannabis, 38 kilos of cocaine, 3.5 kilos of ecstasy pills, and 4.5 kilos of methamphetamine were seized in Cyprus in 2022, with the number of drugs increasing over the previous five years....

25. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

26. Britney Griner swapped for Russian arms dealer

WNBA star Brittney Griner has been released from Russian detention in a prisoner swap for convicted Russian arms dealer Viktor Bout, according to a source familiar with the matter....

27. Merchants of Death

People trafficker. A profitable “profession.” A high-risk profession, of course, because the business may sink. In this case, literally. Then 18, 50, 100 lives could be lost, including small children....

28. North probes illicit cash route to south after Ercan arrests

Recent arrests in the north in connection with cash couriers have prompted Turkish Cypriot authorities to investigate whether large sums of money were being transferred through an illicit route to the south...

29. Concerns over increasing drugs trafficked through occupied side

Cyprus Drug Law Enforcement Unit (DLEU) on Thursday expressed concerns that drug dealers may be using Turkey to transport illegal substances to the occupied areas and then to the Cyprus Republic. This comes after drug traffickers needed to find other distribution channels following the start of the war in Ukraine....

30. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...