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3121. 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. ...

3122. ER doctor gets suspended sentence in boy’s death

An ER doctor in Larnaca received a suspended sentence on Friday for the death of a young student, whose fatal head injury during gym class had gone unnoticed after an X-Ray at the hospital...

3123. Volunteerism czar pleads not guilty to faking resume

A former volunteerism commissioner, who resigned his post last year amid allegations he had lied on his school report and professional resume, has pleaded not guilty with his new lawyer arguing his client was not getting a fair shake in the media...

3124. New diabetes drug helps people lose weight

A weekly dose of a medication recently approved by the US Food and Drug Administration to treat type 2 diabetes may help adults without diabetes lose weight as well, a new study found....

3125. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

3126. Greece preparing for mass migrant entry from Turkey

Amid rising tensions with Turkey, plans are being drafted to deal with the possibility of an attempted mass entry of migrants into Greece at the instigation of Ankara, in a repeat of the spring 2020 incident at the Evros land border....

3127. Lavrov in Turkey to discuss plans to ship Ukrainian grain

Russian Foreign Minister Sergey Lavrov is due to hold talks Wednesday with Turkish officials on a plan that could allow Ukraine to export its grain through the Black Sea to global markets amid an escalating food crisis....

3128. EU strikes deal on adequate minimum wage in member states

With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....

3129. New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....

3130. EU to implement one charger for all devices by 2024

In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....

3131. Cyprus objects to airport designation in Turkish-occupied north

Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that demonstrates Ankara’s “complete control” over them, the president of the ethnically divided island nation said Monday....

3132. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

3133. 'Turkey continues to distort reality to create regional tension'

The Cypriot Ministry of Foreign Affairs said on Monday Turkey is escalating rhetoric and distorting reality with a view to creating tensions in the region....

3134. No end in sight to weekly price hikes in fuel

Increases in fuel prices are taking place almost on a weekly basis, according to gas station owners. ...

3135. Cost of living crisis pushing people to become Airbnb hosts

A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....

3136. Global IPO market experiences significant slowdown in Q1 2022

3137. Australia’s High Commissioner visits Minthis

Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...

3138. Lidl Cyprus strengthens the Cyprus Red Cross for the 9th consecutive year

The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....

3139. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

3140. Russia cautions US on weapons deployment in Ukraine

Russia on Wednesday sharply criticized a U.S. decision to supply advanced rocket systems and munitions to Ukraine, warning of an increased risk of a direct confrontation between the two superpowers....

3141. Nicosia in waiting game for LNG supply and distribution

In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....

3142. NYT: Deep in Vatican Archives, Scholar Discovers 'Flabbergasting' Secrets

David Kertzer put down his cappuccino, put on his backpack, and went digging for more Vatican secrets....

3143. Monkeypox: 'No need to panic' says Director of Pharmaceutical Services

Acting Director of the Pharmaceutical Services of the Ministry of Health, Helena Panayiotopoulou, has said that there is supportive treatment in the event of a monkeypox outbreak in Cyprus, noting that there is no need for panic....

3144. Op-ed: Three years after the start of GESY, we look back at the vision and the challenges

In a few days, it will be three years since the implementation of the General Health System (GESY) in Cyprus, the largest reform ever carried out in the country....

3145. CBC: Cryptocurrencies are a potential risk to the economy

Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their unpredictable fluctuations....

3146. Cypriot seafarer on seized ship in good health

The Cypriot citizen who is one of the crew members of the two Greek-flagged tankers seized by Iranian Revolutionary Guard forces in the Gulf is in good health, the Cyprus Ministry of Foreign Affairs said on Sunday. Meanwhile, efforts to end the hostage crisis continues....

3147. Superyacht in Ayia Napa highlights tourism makeover

A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...

3148. 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...

3149. European fruit contaminated with toxic pesticides

Shocking rise in toxic pesticides on European fruit, says study...

3150. Sweden is killing wolves

The Swedish government will significantly reduce the wolf population, killing half of the four hundred animals living in the country within the year, although this violates EU directives....