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631. Cyprus goes light on Israel's Iron Dome

Foreign media are tracking a story on the Cypriot government’s aspirations to obtain Iron Dome, Israel’s field-tested defense system, but news and sources piling up over the weekend suggest the island’s neighbor warming up to Turkey and the war in Ukraine could tell a more complicated story...

632. Cyprus takes it easy as Turkey, Israel relight fire

The Cypriot government says Israel has vowed to be transparent in its relationship with Turkey, as a thawing period officially came to an end this week with the two countries announcing full normalization...

633. National credit bureaus crucial in assessing consumer creditworthiness

The need to assess a borrower's creditworthiness and capacity through the use of national credit bureaus was highlighted at an annual conference held by the European Association of Credit Bureaus “ACCIS” in Brussels in the past month....

634. 49 year old man extorted out of over 40,000 euros

Police on Thursday urged members of the public to be vigilant with regard to their online transactions after a 49-year-old man reported he was scammed out of over €40,000 after receiving advice on social media from a person he did not know on how to invest in cryptocurrency....

635. Inside JP Morgan's precious metals division: The salaries and bonuses of the golden boys

The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....

636. British Museum floats ‘Parthenon partnership’

In what could be a breakthrough on the issue of the Parthenon Sculptures’ return to Greece from the British Museum, its deputy director Jonathan Williams said that a new “cultural exchange” agreement may be on the cards....

637. First ship carrying Ukrainian grain leaves Odesa port

A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since the Russian invasion blocked shipping through the Black Sea five months ago....

638. Dutch are reducing waste by fixing broken objects with online local barter network

Finding someone who can fix a broken piece of furniture, mend clothing, or repair a family treasure has become easier thanks to a new online platform....

639. Cyprus’ church wars over Ukraine quiet down

Cyprus' Tamasos metropolitan bishop Isaiah, a top contender for the archbishopric throne who fell out of favor with Archbishop Chrysostomos, traveled to Istanbul this week with the primate’s blessing, a possible signal that the island’s ugly church split over Ukraine was drawing to a quiet close ahead of possible elections...

640. Tighter controls and penalties for cross-border transactions in Cyprus

The Cyprus Securities and Exchange Commission (CySEC) is introducing additional controls for cross-border services and announced that investor protection will be strengthened under new rules regarding how complaints are handled....

641. 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...

642. 'I had warned them that the Turks were getting ready'

It wasn't a matter of instinct, he didn't accidentally smell impending danger. The facts spoke for Alexandros Simioforidis and he could not ignore them. ...

643. Anastasiades and Erdogan exchanged views on the Cyprus issue

The President of the Republic Mr. Nicos Anastasiadis participated in the Euro-Atlantic working dinner hosted in Madrid on Wednesday night by the Prime Minister of Spain Mr. Pedro Sanchez....

644. Russia strikes back with expulsion of Greek diplomats

The Russian Federation declared eight Greek diplomats as 'personae non gratae' on Monday and gave them eight days to leave the country in retaliation for the similar move taken by Athens two and a half months ago on April 12...

645. Mitsotakis ready to respond to Turkish claims at Madrid NATO summit

Prime Minister Kyriakos Mitsotakis is heading to the upcoming NATO summit with the text of the conclusions of the European Council in his briefcase which calls on Turkey to stop making threats against Greece and to move on a de-escalation trajectory....

646. 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...

647. Turkey's fiscal cooperation with occupied areas unacceptable

Cyprus President Nicos Anastasiades intends to send letters to the UN Secretary-General, the EU, the guarantor powers and the US to inform them of the illegal protocol of economic and fiscal cooperation Turkey has signed with the regime in the island’s occupied areas....

648. Here's why Volkswagen Beetles now cost $600,000

German outfit Milivié Design is offering restored and modernized versions of the original VW Bug for $600,000, but there's a reason for the hefty price tag....

649. Consulco brought together London and Limassol

An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...

650. Greek PM meets with President Anastasiades in Cyprus

Greek Prime Minister Kyriakos Mitsotakis and Cyprus President Nikos Anastasiades said Friday that international law, strong alliances and the countries’ presence in the EU are what protect against Ankara's rhetoric and provocations....

651. The end of an era as Revlon files for bankruptcy

The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....

652. Turkish Defense Minister and Greek MP's clash at NATO meeting

Turkish Defense Minister Hulusi Akar and Greek MPs engaged in an intense confrontation in Istanbul on Tuesday during the joint meeting of the Political Committee of the NATO Parliamentary Assembly (NATO PA) and the Mediterranean and Middle East Special Group....

653. Legal chaos after president commutes life sentence

Critics in the world of justice in Cyprus are crying foul after the President offered clemency to a man whose life sentence early in an Ayia Napa quadruple murder trial made him a credible state witness who helped put away other defendants...

654. 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. ...

655. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

656. Global IPO market experiences significant slowdown in Q1 2022

657. 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....

658. Kasoulides: 'Corruption a threat to democratic states and multilateralism'

Corruption poses a substantial threat to the foundations of a transparent, accountable and multilateral system and to the very foundations of our democratic states, Cypriot Foreign Minister Ioannis Kasoulides pointed out,...

659. President determined to tackle corruption

President of Cyprus Nicos Anastasiades stressed the government's determination to decisively tackle corruption, promote transparency and accountability and consolidate the rule of law, in a meeting on Thursday with the President of the OSCE Parliamentary Assembly, Margareta Cederfelt, at the Presidential Palace....

660. Ikea to start selling solar panels in US stores

The popularity of solar has gone through the roof—and now IKEA is making it easier to install some panels on your roof....