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31. Hunter Biden to plead guilty to three federal charges

President Joe Biden’s son Hunter has been charged with failing to pay federal income tax and illegally possessing a weapon and has reached an agreement with the Justice Department, according to a letter filed in U.S. District Court in Delaware....

32. Cyprus launches €60 million project for bus stops

According to a report on Philenews, Cyprus is poised to witness a groundbreaking transformation in its public transportation system through an ambitious project aimed at upgrading bus stops across the island....

33. Christodoulides' pledge to safeguard Cyprus' reputation

President of the Republic Nikos Christodoulides has stressed that the government will not allow a very small minority of people in the country to tarnish Cyprus' reputation, which was built after many years of effort....

34. May Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

35. As Greek elections loom, parties vie for votes of ‘lost generation’

Politicians vying for votes in Greece’s election on Sunday have turned to YouTube and TikTok to win over a younger generation who have long felt that years of crises have cost them their youth...

36. US congressman arrested for fraud and money laundering

US Republican congressman George Santos has been arrested in New York on federal charges of fraud, money laundering and theft of public funds....

37. WHO declares end to Covid-19 global emergency

The World Health Organization said Friday that Covid-19 no longer qualifies as a global emergency, marking a symbolic end to the devastating coronavirus pandemic that triggered once-unthinkable lockdowns, upended economies worldwide and killed at least 7 million people worldwide....

38. Cypriot firms struggle to detach from sanctioned providers

The business registrar in the Republic of Cyprus has been flooded with requests from companies scrambling to make changes to their structures, after hundreds of firms on the island saw their assets frozen due to new sanctions targeting agencies viewed by Washington and London as 'Russian enablers'...

39. Employers and trade unions clash over CoLA index proposal

Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....

40. Shocking arrest of Nicola Sturgeon's husband in SNP funding probe

Nicola Sturgeon's husband, Peter Murrell, has been arrested in connection with an investigation into the funding and finances of the Scottish National Party (SNP)....

41. Investors flock to 'green' bonds as a secure investment

42. 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. ...

43. Credit Suisse borrows more than $50 billion from Swiss National Bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

44. Akamas compensation guidelines poses risks, says Finance Minister

"The guidelines for compensating landowners in Akamas for the loss of land value they have incurred and providing assistance to the neighborhood are speculative and ill-defined....

45. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

46. Kremlin brands Johnson a 'liar' after claim Putin wanted to kill him with missile

The Kremlin has called Boris Johnson a liar and denied claims made by the ex-PM that Vladimir Putin threatened to kill him with a missile in a call ahead of Russia's invasion of Ukraine....

47. Cypriot minister talks Ukraine in Berlin

Cypriot Foreign Minister Ioannis Kasoulides will meet with his German counterpart Annalena Baerbock on Monday, just days after she warned any weak links in Europe’s resolve would only embolden Moscow...

48. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

49. Nicosia stays course as economic growth loses steam

Cypriot public finances have improved due to increased growth, although they are expected to be adversely affected due to a projected slowdown in the next few months, according to the 13th Post-Programme Surveillance Report for Cyprus...

50. Investors lost $1 billion on FTX, prompting calls for industry regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

51. Cyprus regulator to suspend FTX's license

FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....

52. Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

53. Petrides: 'We will not impose new fuel taxes'

Finance Minister Constantinos Petrides stated that no new fuel taxes will be imposed, an obligation that should be met by the end of the year....

54. IMF predicts a return to fiscal surpluses for Cyprus following the pandemic

Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....

55. Liz Truss becomes Britain new PM after Johnson fallout

Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....

56. Poland, Spain & Italy are a favorite for working migrants

The median age in the 27 European Union countries is projected to mark an increase of 4.5 years between 2019 and 2050 to reach 48.2 years....

57. Now is a good time to follow the simple rule of 28/36

Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....

58. Russia sending money to Turkey for the $20 Billion Akuyo nuclear plant

A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....

59. SBA Police probe corrupt official in pizzo case

A local man working for the Sovereign Base Areas in Cyprus is facing corruption charges, where he is being accused of receiving money from businesses in order to turn a blind eye on violations...

60. Sri Lankan president flees country amid devastating economic crisis

Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....