Search

331. Construction of petrol storage terminal must be a priority, says Energy Minister

The construction of a petroleum products storage terminal with a completion date of 2025 is considered a project of exceptional importance with regard to Cyprus' strategic energy autonomy, Minister of Energy, Commerce and Industry, George Papanastasiou, ...

332. Limassol braces for migration protests

Law enforcement authorities are on high alert as planned protest events regarding the migration issue are scheduled for today and tomorrow in Limassol. This comes in the aftermath of recent events in Chloraka....

333. UK air traffic system issue causes ongoing turbulence

Disruption to air travel continued into Tuesday after the UK's air traffic control systems suffered a "technical fault" on Monday morning....

334. Electricity supply disruption leaves occupied areas in darkness

In a recent development, several regions within the occupied territories are currently facing power outages due to a disruption in the electricity supply originating from the Electricity Authority of Cyprus (EAC), according to reports in the local Turkish-Cypriot newspapers....

335. Bank of Ireland glitch turns 'no funds' into a cash fiesta

Bank of Ireland is facing a crisis after thousands of customers descended on ATMs yesterday evening attempting to take advantage of a major IT glitch....

336. EuroAsia interconnector loan denied by European Investment Bank

The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....

337. Israeli teens detained in Cyprus after causing chaos on TUS flight

Cyprus police on Thursday, detained six Israeli teens after they caused disruption to a flight bound for Tel Aviv. They were released from custody after questioning and will be placed on a later flight to return home....

338. Bugs attack patrons in Paphos' restaurants

The chaos caused by an 'invasion' of Pangaeus bilineatus bugs in Kato Paphos over the past four days has been emphasized in recent reports by Philenews....

339. Hollywood artists unite in historic strike

Leaders of Hollywood’s actors’ union voted Thursday to join screenwriters in the first joint strike in more than six decades, shutting down production across the entertainment industry after talks for a new contract with studios and streaming services broke down....

340. Flash flood emergency hits New York

Local television outlets reported almost one foot of rain fell in the area north of New York City, causing a flash flood emergency. ...

341. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

342. Naked man creates commotion in Nicosia

In a shocking turn of events, a 35-year-old man of African descent caused significant unrest when he was observed walking completely naked in the bustling center of the capital on Monday, June 26. ...

343. Self-service kiosks to capture fingerprints

According to a report from Greek City Times, a recent development in travel regulations will require holidaymakers visiting EU countries, including popular destinations like France, Spain, Greece, Turkey, and Italy, to provide their fingerprints....

344. Cyprus slips in global competitiveness rankings for third consecutive year

Cyprus has experienced a decline in its global competitiveness for the third consecutive year, dropping from the 40th position to the 45th out of 64 countries in the IMD World Competitiveness Center rankings....

345. New policies create passenger backlash at Limassol Port

On Sunday, a wave of reactions was triggered at Limassol port as citizens became aware of a new policy set to be implemented this year by the Deputy Ministry of Shipping. ...

346. Cablenet: The Fastest Growing Mobile Network

347. Henry Kissinger warns of looming peril: U.S.-China tensions and the AI arms race

U.S.-China tensions have been called a repeat of Cold War-era dynamics. But a more apt comparison may be the years preceding World War I when much of Europe was sitting on a powder keg of hostilities and overlapping territorial claims that required only two bullets to ignite. ...

348. Rights violations raise concerns amid sanctions

The Pancyprian Bar Association has expressed growing concerns over the violation of fundamental rights of both individuals and legal entities affected by the recent restrictive measures and sanctions imposed on April 12, 2023....

349. ChatGPT shares grim predictions of how humanity could be wiped out

As tech experts warn that the rapid evolution of artificial intelligence could threaten humanity, OpenAI's ChatGPT weighed in with its own predictions on how humanity could be wiped off the face of the Earth....

350. Mysterious lights illuminate the skies over Cyprus

On Thursday night (4/5), citizens in various areas of Cyprus observed mysterious lights appearing in the sky, causing disruption and raising questions....

351. K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

352. Nicosia says US army links not against Turkish Cypriots

Greek Cypriots are rejecting Turkish Cypriot claims that American actions disrupt balance on the divided island, following the recent docking of a US attack submarine in Limassol, with Nicosia accusing the north of regurgitating Ankara’s longstanding criticism...

353. Are you ready for ChatGPT to take over your job?

Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....

354. Generative AI could automate 300mn jobs

According to a report in the Financial Times, Goldman Sachs has found that "generative" AI systems such as ChatGPT could lead to the automation of a quarter of the work done in the US and eurozone....

355. Europe's largest economy paralyzed over strikes

Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation....

356. CBC estimates GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy prices, amid the continued war in Ukraine....

357. Employers and labor unions can't agree on COLA issue

Employers and unions continue to take opposing positions on the issue of Cost of Living Allowance. (COLA). One of the most pressing issues for the Labour Minister, who has already held the first separate meetings with the four unions PASYDY, PEO, SEK, and DEOK. ...

358. Consumers cutting back on non-essential items as cost of living rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

359. Train crash suspect 'devastated'

The station master who faces manslaughter in Greece’s deadly rail collision is devastated and accepts responsibility, says his lawyer, while pointing out that others are also responsible for the disaster...

360. Death toll rises to 57 in Tempe tragedy

The death toll from the tragedy in Tempe has risen to 57, according to statements by Rubini Leontari, head of the forensic service of Larissa....