https://knews.kathimerini.com.cy/en/news/spain-gave-golden-visa-to-former-mexican-president-being-investigated-for-corruption
The Spanish authorities have finally confirmed that the former Mexican President Enrique Peña Nieto, who is being investigated by Mexico’s attorney general’s office for alleged money laundering, illicit enrichment, and illegal international transfers, is a legal resident of the country....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-recognized-by-international-tax-review-as-national-transfer-pricing-firm-of-the-year-for-the-fourth-consecutive-time
For the fourth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. ...
https://knews.kathimerini.com.cy/en/news/two-turkish-banks-suspend-russian-mir-payments-after-u-s-sanctions
Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/are-you-sure-the-person-you-interviewed-is-the-one-you-hired-for-the-job
A job interview scheme is on the rise where candidates are hiring proxies to sit in for them. Some 'professional' proxies are charging up to $150 an hour to do job interviews....
https://knews.kathimerini.com.cy/en/news/western-retaliation-against-ankara
Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....
https://knews.kathimerini.com.cy/en/news/israeli-minister-visits-nicosia-as-energy-bargain-heats-up
Israeli Energy Minister Karine Elharrar is visiting Cyprus on Monday to talk gas directly with her Cypriot counterpart, after companies tasked by the two governments to negotiate a joint reservoir failed to agree on a buyout deal...
https://knews.kathimerini.com.cy/en/news/school-principal-in-hot-seat-after-smoke-bomb-prank
A student in Nicosia says he was assaulted by his high school principal, who gave his own version of events saying he was simply trying to identify the youngster during a smoke bomb prank on first day of class...
https://knews.kathimerini.com.cy/en/business/ecb-hikes-up-interest-rates-75-basis-points-to-1-25
The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....
https://knews.kathimerini.com.cy/en/news/major-banks-across-europe-turning-off-hot-water-and-preparing-diesel-generators
Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....
https://knews.kathimerini.com.cy/en/business/us-based-lone-star-to-revise-offer-for-bank-of-cyprus
US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...
https://knews.kathimerini.com.cy/en/news/britain-s-new-pm-draws-scathing-reaction-from-moscow
Liz Truss will replace Boris Johnson as Britain's prime minister on Tuesday, after Russian politicians and media lined up on Monday predicting her ascent to power would do nothing to improve dire relations.
...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/rumors-about-israel-lebanon-gas-pact-as-cyprus-sits-out
America’s energy czar is purported to be mediating a secret gas arrangement between Israel and Lebanon, a Herculean task given delineation complexities but not farfetched given ongoing efforts to resolve similar disputes between Tel Aviv and Nicosia...
https://knews.kathimerini.com.cy/en/business/1-kpmg-cyprus-supports-‘back-to-school-supplies-for-all-children
KPMG in Cyprus, in collaboration with the Pancyprian Volunteerism Coordinative Council (PVCC), actively participated in the campaign ‘Back to School Supplies for ALL children’...
https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off
The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....
https://knews.kathimerini.com.cy/en/news/akel-calls-out-disy-on-investor-contributions
The second meeting of the Audit Committee, with the report of the Auditor General of the Republic on the Cyprus Investment Programme being the only item on the agenda, confirmed that the Golden Passports will be at the forefront of the opposition's election campaign. In an inkling of what's to come, AKEL seems to be leading the way in keeping corruption issues at the center of the opposition's discourse during this election season.
...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-announces-€50m-net-profit-in-first-half-of-2022
Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....
https://knews.kathimerini.com.cy/en/news/cypriot-economic-sentiment-at-17-month-low
The economic sentiment in Cyprus deteriorated in August to a 17-month low, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 4.5 points compared with July 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank
The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...
https://knews.kathimerini.com.cy/en/news/ag-lawyers-vouched-for-the-character-of-their-applicants-a-criminal-offense
The extraordinary session of the Parliamentary Audit Committee is underway which will examine the findings of the Audit Service's report on the Cyprus Investment Program....
https://knews.kathimerini.com.cy/en/news/turkey-s-stance-undermines-prospects-for-peace-in-cyprus-and-the-wider-region
Turkey's stance creates deadlock which undermines prospects for peace in Cyprus and in the wider region, said on Sunday the Permanent Secretary at the Ministry of Interior, Costas Constantinou....
https://knews.kathimerini.com.cy/en/news/sleepy-greek-port-becomes-us-arms-hub
But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-fair-state-five-proposals-to-fight-corruption
In the Cyprus of 2022, corruption has permeated all levels of our society. The extent of the problem needs to be ascertained first. Then, the diagnosis of its causes. Finally, but most importantly, the specific proposals to combat it....
https://knews.kathimerini.com.cy/en/news/us-response-muted-following-reports-of-turkey-s-second-s-400-shipment
The Biden administration on Tuesday stopped short of threatening additional penalties following reports Turkey plans to receive the second batch of the Russian S-400 missile defense system....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/business/edf-funds-seven-cypriot-projects-proposed-in-2021
Several Cypriot businesses and research institutions have secured funding for seven projects from the European Defence Fund (EDF) for 2021, the Ministry of Defence has said....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q2-2022
KPMG in Cyprus announces that the ''RICS Cyprus Property Price Index with KPMG in Cyprus'' has been issued for Q2 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-still-in-the-mix-as-eu-probes-greek-spyware
Cypriot Deputy Attorney General Savvas Angelides has fired back at allegations over a conflict of interest in an alleged cover-up involving Israeli-made malware, as Nicosia and other EU capitals have been feeling pressure to come clean following rumors of widespread unlawful surveillance...
https://knews.kathimerini.com.cy/en/news/afternoon-rain-not-ruled-out-for-cyprus
A weather model is predicting rain for Cyprus on Tuesday afternoon with similar chances on the following day, with temperatures staying hot throughout the island but less unbearable compared to last month...
https://knews.kathimerini.com.cy/en/news/greek-phone-spying-scandal-refuels-cypriot-rumors
Fast developments in Greece over that country’s wiretapping scandal prompted political opposition in Cyprus to call for an end to a code of silence on the island over growing suspicions of unlawful surveillance...