Search

691. Cyprus-Chevron's Aphrodite tactics irk Israel

A gas field dispute between Cyprus and Israel over a tiny portion, with which the island nation hopes to buy out its neighbor, went in deep water this week after Nicosia and Chevron preannounced plans for Aphrodite despite a decade-long unresolved issue still pending between the two nations...

692. The US has plunged into recession

The US has plunged into recession as soaring inflation hammers the world’s largest economy....

693. Two arrested in suspected racial attack in Nicosia

Nicosia police are investigating a possible racially-motivated attack downtown last Friday, with two young men arrested over the weekend after a foreign national said he was assaulted as he was walking home from work...

694. Cypriot officers fly to Germany to bring groom back

Cypriot police officers traveled to Germany this week to pick up a marriage fraud suspect, who is believed to have fled the island where his wife was recently recognized as a trafficking victim in an ongoing criminal case...

695. Italy's PM resigns spelling trouble for Europe

Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....

696. WFH 'epidemic' blamed for travel chaos across Europe

The CEO of Qatar Airways has blamed the chaos at airports on a work-from-home "epidemic," Reuters reported on Monday....

697. Construction projects decline as prices soar

Activity in the construction sector in Cyprus continues its decline in the first quarter of 2022, amid soaring prices, data released on Tuesday by the Statistical Service of Cyprus show....

698. Sri Lankan president flees country amid devastating economic crisis

Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....

699. Two local youths arrested after Geri gang attack

Two young men were arrested Tuesday night in Geri, where police officers responding to a call saw a gang damaging a burning car, whose owner says he and his buddies were ambushed by men holding wooden bats and knives...

700. Men work 7.5 years longer in Cyprus compared to women

The expected average duration of working life for 15-year-olds in the EU was 37.9 years in Cyprus in 2021, above the EU average of 36.0 years, according to data released by Eurostat, the statistical service of the EU....

701. Cops keep tight lid on sex trafficking case

Police continue to keep a tight lid on a sex trafficking investigation, with prosecutors filing a case against a male suspect after two other men have been accused of seeking services from a woman described as a possible victim...

702. Paphos police confirm CID probe in commando death

Investigators from Paphos’ Criminal Investigation Department are probing the death of a commando who jumped in the water from a helicopter during the shooting of a promo video, with reports saying they are focusing on footage to ascertain the aircraft’s maneuvers but also asking the army for audio recordings during the fatal mission...

703. Herodotou: 'Interest rates should be increased gradually'

The Governor of the Central Bank of Cyprus, Constantinos Herodotou, said he was in favor of the ECB gradually increasing key interest rates while keeping its options open, stressing that the European Central Bank should consider the impact of each increase and act accordingly....

704. Retail trade in the grip of inflation

The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....

705. Consumer confidence in the economy deteriorates in June

The economic sentiment in Cyprus deteriorated in July, pushed downwards by weaker business confidence in services, industry and retail trade....

706. Drug squad chief suspended after warden complaint

Lack of clarity continued to rule the day in the Republic of Cyprus following allegations against the drug squad chief, who was suspended from duties on Wednesday after the prison warden accused him of illegal activities...

707. New rules to slash pesticide use in the EU by 50%

The European Commission proposed on Wednesday legally binding targets to halve the use of chemical pesticides and restore nature across the EU, in an attempt to better protect health and recover plunging wildlife populations....

708. 'Batterygate': Millions of iPhone users could receive compensation

Millions of iPhone users could be eligible for payouts, following the launch of a legal claim accusing Apple of secretly slowing the performance of older phones. ...

709. Immigrant arrivals will more than double in 2022

The official data on illegal arrivals in territories controlled by the Republic of Cyprus are alarming. For the first half of 2022, the number of asylum seekers has skyrocketed, compared to 2021, with the current year looking to break a decade's old record....

710. No drama diplomat announces candidacy

Greek Cypriot chief negotiator Andreas Mavroyiannis announced his candidacy for president in next year’s election in the Republic of Cyprus, saying corruption will remain rampant unless the country is reunited once again into a 'proper state'...

711. Man killed in bus accident on highway

A man was killed on the highway after he was struck by a bus south of the capital Wednesday early morning under circumstances that remained unclarified...

712. Road victim tried to flag down bus that killed him

New details emerged in a fatal accident investigation involving a bus and a pedestrian on a highway south of Nicosia, with reports saying a foreign male on foot had crossed lanes to wave down the driver...

713. Female tourists wanted after hospital incident

Police are investigating an incident in Paphos where a situation at the hospital got out of hand after three female tourists described as intoxicated had an altercation with nursing staff and an officer on duty...

714. Number of registered unemployed persons drops by over 66% in May

The number of unemployed persons, registered at the District Labour Offices registered a steep drop in May declining to 10,586 persons, marking an annual reduction of 66.2%....

715. Ukraine probes deportation of children to Russia

Prosecutors investigating war crimes cases in Ukraine are examining allegations of the forcible deportation of children to Russia since the invasion as they seek to build a genocide indictment, the country’s top prosecutor said in an interview....

716. CBC: New loans drop by almost 50% in April

Cypriot banks granted 50% fewer loans this month in comparison to last month due to a sizeable reduction in new housing loans....

717. Global IPO market experiences significant slowdown in Q1 2022

718. Fee free cash withdrawals at supermarkets and bakeries

Following an international trend, consumers in Cyprus will now be able to withdraw cash without a fee at participating supermarkets, bakeries, butchers and gas stations. The maximum withdrawal limit is set at 100 euros....

719. Iran seizes two Greek tankers as tensions rise

Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast...

720. Slight rise in economic sentiment in May

Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and Consumer Survey of the Economics Research Center of the University of Cyprus....