https://knews.kathimerini.com.cy/en/news/uk-records-40c-for-first-time-in-history-as-european-heatwave-rages
The UK has recorded a temperature of above 40C for the first time in history – at London Heathrow – as the extreme heatwave ravaging the country and parts of Europe prompted warnings of a “very extreme danger” of wildfires....
https://knews.kathimerini.com.cy/en/news/high-temperatures-and-wildfires-test-europe-s-patience-pictures
Firefighters have been battling several blazes in southern Europe for the past few days as the mercury soared, with scientists linking the very high temperatures to climate change....
https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....
https://knews.kathimerini.com.cy/en/news/big-disparity-of-fuel-prices-on-the-island
The highest price for Diesel has reached €1.999 in Cyprus, according to the Consumer Protection Service's Fuel Retail Price Observatory. ...
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
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/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-net-profit-of-€21-million-in-q1-and-a-record-of-new-loans
Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....
https://knews.kathimerini.com.cy/en/news/rain-is-coming-the-weather-forecast-until-sunday-live-map
Today the weather will be mostly clear with increasing cloudiness in some areas giving way to isolated showers from noon onwards, mainly in the mountains....
https://knews.kathimerini.com.cy/en/news/ec-projects-economic-slowdown-and-rising-inflation-for-cyprus
The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....
https://knews.kathimerini.com.cy/en/news/halloumi-production-and-distribution-unaffected-by-war
The production and distribution of halloumi have not been affected by the war in Ukraine, said the Minister of Agriculture, Rural Development and Environment, Costas Kadis, saying that what they are trying to manage is the unallocated quantities from the pandemic period....
https://knews.kathimerini.com.cy/en/news/what-causes-the-frequent-episodes-of-dust-and-when-will-they-subside
For the second consecutive week, Cyprus woke up to a veil of African Dust which, according to the Cyprus Met office, should not surprise people....
https://knews.kathimerini.com.cy/en/news/the-weather-is-changing-temperatures-to-exceed-30-degrees-live-image
Temperatures will rise significantly from Saturday, April 2nd, with the mercury climbing over 30 degrees....
https://knews.kathimerini.com.cy/en/business/consulco-hosted-the-digital-event-uk-economy-and-real-estate-outlook
Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...
https://knews.kathimerini.com.cy/en/news/thirty-million-people-in-13-cities-are-put-into-covid-lockdown-in-china
Thirty million people in 13 cities across China have been put back into a Covid-19 lockdown with hazmat-wearing officials back on the streets on a scale not seen since the pandemic began....
https://knews.kathimerini.com.cy/en/news/loss-of-1-5-to-2-of-cypriot-gdp-due-to-a-ban-on-russian-flights
Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/russian-economy-in-shock-from-unprecedented-economic-war-kremlin
The Kremlin said on Thursday that Russia's economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an "absolutely unprecedented" economic war being waged against Moscow....
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-free-delivery-for-online-orders
Alphamega Hypermarkets is celebrating the one-year anniversary of its e-shop by offering one month of free delivery on all online orders....
https://knews.kathimerini.com.cy/en/news/quick-weather-changes-before-weekend
A low pressure system is expected to affect Cyprus later this week, with falling temperatures, strong winds, and thunderstorms in the picture but conditions are set to improve on the weekend...
https://knews.kathimerini.com.cy/en/news/yellow-warning-hail-and-thunderstorms-in-many-areas-video
Intense weather with rain, lightning and hail began at noon on Thursday (03/02) in various areas of Cyprus....
https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022
"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....
https://knews.kathimerini.com.cy/en/news/car-flipping-winds-likely-to-continue-in-arctic-cyprus
A cold front will remain in Cyprus until midweek, as strong winds and chances of local showers and thunderstorms continue to dominate the forecast along with low temperatures and snow in the mountains...
https://knews.kathimerini.com.cy/en/news/meps-call-on-eu-countries-to-respect-animal-welfare-during-transport
After 18 months of fact-finding, MEPs call on EU countries to respect animal welfare during transport and to transition to transporting meat and not live animals....
https://knews.kathimerini.com.cy/en/news/nicosia-could-see-rare-snow-midweek
A cold front continues to affect Cyprus, with temperature minimums in the mountains going into double digits below zero by midweek with a local meteorologist not ruling out snow in the capital...
https://knews.kathimerini.com.cy/en/business/netflix-shares-lose
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....
https://knews.kathimerini.com.cy/en/news/cyprus-forecasters-warn-of-depression-moving-in
A depression from the west is affecting Cyprus this week, with weather officials issuing a flood warning as prolonged showers and strong winds are expected in parts of the island....
https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020
The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....
https://knews.kathimerini.com.cy/en/news/epic-fail-after-carmel-forecasters-get-it-wrong
The state forecaster in the Republic of Cyprus is defending a severe warning issued for Sunday, with social media users who stayed in saying they missed out on good weather after Storm Carmel failed to deliver...
https://knews.kathimerini.com.cy/en/news/carmel-clobbers-west-after-cyprus-landfall
Roads to Troodos Mountains were open to all vehicles on Sunday morning, despite severe weather alerts due to a depression affecting the island, but police say highway conditions in the west were still dangerous...
https://knews.kathimerini.com.cy/en/news/cyprus-braces-as-mini-medicane-gathers-force
A low pressure system from the west is affecting Cyprus, with officials warning over strong winds and heavy rains on Tuesday night and in the daytime on Wednesday, but conditions will improve after mid-week...
