https://knews.kathimerini.com.cy/en/news/no-plans-to-cut-interest-rates-amid-inflation-worries
The perspective advocated by many young individuals, endorsing a declaration of victory over inflation, is articulated by Dr. Jensen, the president of the German Bundesbank....
https://knews.kathimerini.com.cy/en/news/cloudy-skies-and-cool-breezes-take-over
A mashup of weather vibes – expect partly cloudy skies with intermittent drama from dense clouds....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-hold-firm-amidst-rate-cut-speculations
Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...
https://knews.kathimerini.com.cy/en/news/senator-replaces-menendez-as-head-of-senate-foreign-relations-committee
Senator Ben Cardin will serve as chairman of the U.S. Senate Foreign Relations Committee, replacing Bob Menendez, who faces felony bribery charges, after the Senate agreed to a resolution on Wednesday naming him to the position....
https://knews.kathimerini.com.cy/en/news/clouds-showers-and-clear-spells
In the upcoming days, the island will experience a mix of weather conditions, as a seasonal low-pressure system prevails in the region....
https://knews.kathimerini.com.cy/en/news/croatia-tops-the-list-for-summer-escapes
Croatia has recently gained considerable popularity as a top holiday escape for tourists around the world, particularly attracting the interest of travellers coming from Britain....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/ecb-dilemma-with-core-inflation-at-5-5
The European Central Bank (ECB) is almost certain to raise interest rates by 25 basis points in its meeting tomorrow, though what happens next is unclear....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/vienna-retains-top-spot-as-most-pleasant-city-to-live-in
Vienna maintains its position as the most pleasant city to live in, according to the annual rankings released by the Economist Intelligence Unit....
https://knews.kathimerini.com.cy/en/news/tesla-s-optimus-robot-a-step-towards-a-sci-fi-future
Have you ever imagined what it would be like if a robot could run your errands, do your chores and maybe even become an extension of you? Well, don't put away your popcorn just yet, because Tesla's new Optimus robot could bring us one step closer to this sci-fi fantasy....
https://knews.kathimerini.com.cy/en/news/central-bank-governor-projects-higher-economic-growth-for-2023
On Tuesday, Constantinos Herodotou, the Governor of the Central Bank of Cyprus, announced that the Cypriot economy is projected to grow in 2023 at a higher rate than the Eurozone average. ...
https://knews.kathimerini.com.cy/en/news/washington-okays-baby-deal-for-turkish-f16
US President Joe Biden's administration is set to move ahead with the sale of a modernization package for Turkey's existing F-16 aircraft, after leaders of US congressional committees gave informal approval, but Turkey's request to buy billions of dollars worth of F-16s remains in limbo...
https://knews.kathimerini.com.cy/en/news/greek-minister-on-rare-visit-to-turkey-as-tensions-ease
NATO members Turkey and Greece can resolve their disputes through peaceful means and dialogue, Turkey’s defense minister said after talks with his Greek counterpart Tuesday, in the latest sign of easing tensions between the rival neighbors...
https://knews.kathimerini.com.cy/en/business/prem-watsa-greek-banks-are-safer
Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....
https://knews.kathimerini.com.cy/en/business/eu-states-need-foreign-workers-and-are-changing-their-requirements
Working in EU: Recent Changes You Must Be Aware of If You Are Planning to Get a Job in Any of the Member States...
https://knews.kathimerini.com.cy/en/news/athienou-draws-line-over-buffer-zone-barbwire
A recent renovation of a Greek Cypriot police station near the buffer zone came with promises of additional staff and better monitoring of the area, but leaders of the local community have second thoughts over a controversial barb wire...
https://knews.kathimerini.com.cy/en/news/cyprus-wrestles-with-decision-on-china-measures
Cypriot health officials are meeting on Tuesday to sift through data before deciding on possible COVID measures on travelers from China, but the task is made more difficult by criticism from a local expert and a new variant sweeping through the West...
https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022
The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-in-a-quandary-as-china-eases-travel-curbs
Cypriot Health Minister Michalis Hadjipantela has called a meeting to discuss China’s easing curbs on international travel, but there were mixed signals as to what guidelines are being followed at the EU level...
https://knews.kathimerini.com.cy/en/news/china-eases-its-zero-covid-policy-amid-protests
People in China with mild or asymptomatic coronavirus cases will be allowed to isolate at home, health officials said Wednesday, in a major step away from a strict “zero-Covid” strategy that has constrained daily life for almost three years and recently set off rare nationwide protests....
https://knews.kathimerini.com.cy/en/news/shanghai-disney-visitors-trapped-after-lockdown
Shanghai Disney has become the latest high-profile venue to shut its gates thanks to China's strict zero-Covid policy, trapping visitors inside....
https://knews.kathimerini.com.cy/en/business/emirates-to-resume-daily-operations-to-cyprus
Emirates will be increasing the flight frequency of its Malta-Larnaca-Dubai route to a daily service starting 1 December 2022. This will bring back the airline’s operations on this route back to pre-pandemic levels, signalling a steady recovery amid the easing of travel restrictions worldwide....
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-75
The European Central Bank recently decided to raise interest rates by 0.75%. This is the third consecutive increase (a 2% increase overall), and the base rate will now be 2%. The interest rate at which banks accept deposits has risen from 0.75% to 1.5%....
https://knews.kathimerini.com.cy/en/news/germany-to-revise-immigrant-laws-to-allow-more-skilled-migrant-workers
In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....
https://knews.kathimerini.com.cy/en/news/ukraine-s-first-grain-export-is-a-fraction-of-what-it-needs-to-sell
Ukrainian President Volodymyr Zelenskiy dismissed the importance of the first grain export shipment from his country since Russia invaded, saying it was carrying a fraction of the crop Kyiv must sell to help salvage its shattered economy....
https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/news/us-4th-of-july-celebrations-marred-by-gun-violence
A shooting that left at least six people dead at an Independence Day parade in a Chicago suburb rattled Monday’s celebrations across the U.S. and further rocked a country already awash in turmoil over high court rulings on abortion and guns as well as hearings on the Jan. 6 insurrection....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/news/russia-will-free-up-ukrainian-ports-to-allow-grain-exports
Russia and Turkey on Wednesday voiced support for the creation of a safe maritime corridor in the Black Sea so Ukraine can export grain to global markets amid an escalating world food crisis....