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721. 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. ...

722. 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....

723. Global IPO market experiences significant slowdown in Q1 2022

724. 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....

725. 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,...

726. 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....

727. 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....

728. Russia ready to allow ships with food to leave Ukraine in exchange of lifting sanctions

Russia is ready to provide a humanitarian corridor for vessels carrying food to leave Ukraine, in return for the lifting of some sanctions, the Interfax news agency cited Russian Deputy Foreign Minister Andrei Rudenko as saying on Wednesday (25 May)....

729. Greece resumes weapons support to Ukraine

US Defense Secretary Lloyd Austin thanked many countries including Greece for sending new military packages of assistance to Ukraine, causing political chaos in Athens where last month government officials said there would be no more military equipment shipments to Kiev...

730. Cyprus prepares action plan for Monkeypox

Health authorities are drafting a response plan for a possible outbreak of monkeypox in Cyprus, including a vaccination rollout....

731. Zelensky fends off peace calls after Azovstal fall

Ukrainian President Volodymyr Zelensky has ruled out any ceasefire in exchange of territorial concessions to Russia, after Moscow declared Mariupol liberated following the surrender of the besieged town’s Azovstal plant...

732. Op-ed: Grateful = Healthful

If you really think about it, so many of us should be in a perpetual state of gratitude....

733. Moscow to probe ‘Ukrainian regime crimes’ after surrender

Hundreds of Ukrainian fighters surrendered to an uncertain fate on Tuesday after weeks holed up in the bunkers and tunnels below Mariupol's Azovstal steel works as the most devastating siege of Russia's war in Ukraine drew to a close...

734. Ukrainian wounded fighters evacuate Azovstal

Both Kiev and Moscow have confirmed the evacuation of wounded Ukrainian troops from the Azovstal steel plant, following critical hours on Monday when a regime of silence had been imposed for the humanitarian corridor to be used...

735. Cypriot former FM announces 'non-combative' 2023 run

Cypriot former foreign minister Nikos Christodoulides announced Thursday his non-partisan candidacy for president, with the career diplomat deviating from political norms and promising an all-inclusive, non-combative race...

736. Frozen Russian reserves should be used to rebuild Ukraine

EU capitals should consider seizing frozen Russian foreign exchange reserves to cover the costs of rebuilding Ukraine after the war, the bloc’s top diplomat has said, as the west debates how to force Moscow to pay for some of the damage the conflict has caused....

737. Mercedes launches first self-driving tech in Germany

The two flagship models from Mercedes-Benz, the S-Class and the all-electric EQS, will soon be able to be ordered with conditional self-driving tech in Germany. ...

738. First ever Limassol book fair will begin in November

Under the auspices of the Limassol Municipality and in conjunction with strategic partners from the private and public sector, the organizing team of the Limassol Book Fair announces the first annual book fair in Limassol. The event will be held on November 25-27, 2022 at the Carob Mills venue, in the historic medieval castle area of Limassol....

739. Cyprus will request EC permission to implement mortage-to-rent scheme

Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....

740. Commissioner Gabriel urges Cypriot students and staff to take advantage of EU programs

Commissioner Gabriel urges Cypriot students and staff to take advantage of EU programs and travel all over Europe, ...

741. Turn seawater into drinking water with the push of a button

MIT researchers have developed a portable desalination unit, weighing less than 10 kilograms, that can remove particles and salts to generate drinking water....

742. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

743. ‘I will visit Athens when we win the war,’ Ukraine’s President tells Kathimerini

Volodymyr Zelenskyy looked worn, he was probably sleepless, but he spoke passionately in his signature husky, nasal voice, stopping often to take a sip of coffee from the cup next to him....

744. Status of sex workers unknown after Nicosia raid

The legal status of three women detained during a prostitution raid in Nicosia remains unknown, while a former police officer and another female have been accused of running an illegal brothel in connection with the case...

745. Captured Britons appeal to UK prime minister

Two British fighters captured in Ukraine by Russian forces appeared on Russian state TV on Monday and asked to be exchanged for a Ukrainian ally of President Vladimir Putin who is being held by the Ukrainian authorities...

746. Surrender window to 'spare lives' in Mariupol closes

The Russian Armed Forces offered Ukraine’s militants in Mariupol a way out on Sunday but there was no response, while the wife of the war-torn country’s pro-Russia opposition leader has called for his release in exchange of two British combatants...

747. Prostitutes detained after botched trafficking raid

Police are filing charges against two women accused of running an illegal brothel, after they were arrested on Thursday in Limassol during an undercover trafficking operation that yielded no evidence...

748. UNIC Pharmacy Student Selected for Prestigious Lindau Nobel Laureate Meeting

Mr. Angelos Odyseakis, a University of Nicosia fourth-year Pharmacy student, has been selected to participate in the upcoming 71st Lindau Nobel Laureate Meeting dedicated to Chemistry, joining a select cohort of 600 young scientists from around the world that will engage with more than 30 Nobel Laureates....

749. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

750. A deal ‘everybody will hate’ to end the war in Ukraine

The most likely solution that will bring an end to the war in Ukraine is an agreement that “everybody will hate,” James Stavridis, NATO’s Greek-American former commander for Europe tells Kathimerini....