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541. Cyprus shines with 20% tourism surge!

In a burst of post-pandemic enthusiasm, Cyprus shines as the EU's tourism star, celebrating an impressive 20% surge in 2023 – a dazzling spectacle second only to a breathtaking fireworks display!...

542. Switzerland hosts global peace summit for Ukraine

Ukraine's plea for peace resonated as Switzerland stepped forward to host a summit, according to a joint announcement by the presidents in Bern. ...

543. Central Bank chief cautions on early rate cuts amid global tensions

Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....

544. Cyprus cheers as beer sales bubble up in 2023

In a frothy turn of events, Cyprus witnessed a 1.5% surge in total beer sales last year, with a notable 9% boost in exports....

545. Commissioner: ''86 years before gender equality is achieved in Cyprus''

The European Commission has positioned Cyprus at 21st among the 27 member states concerning gender equality, revealed Josie Christodoulou, the Commissioner for Gender Equality. ...

546. Forty percent of global jobs face disruption because of AI

Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....

547. Houthi rebels launch anti-ship missile at US destroyer in Red Sea

Yemen's Houthi rebels fired an anti-ship cruise missile at the USS Laboon, an American destroyer in the Red Sea. The missile was shot down by a U.S. fighter jet in the latest attack unsettling global shipping....

548. Europe faces weak growth amid global uncertainty

In a comprehensive survey released today, leading economists express apprehension about the global economy, anticipating a year of sluggish growth, primarily attributed to geopolitical conflicts, challenging financing conditions, and the impact of artificial intelligence. ...

549. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

550. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

551. Cypriot scientist revolutionizes agriculture with soil-free crop growth

Growing crops without soil may sound like a contradiction, but for the research team "Eplants" (Electronic Plants) at Linköping University, Sweden, led by Associate Professor Eleni Stavrinidou, it is not only possible, but also groundbreaking....

552. Maria Stylianou-Lottidi breaks barriers, elected to IOI Europe board

In a historic move, Ms. Maria Stylianou-Lottidi, the Commissioner for Administration and Protection of Human Rights in Cyprus,...

553. US and UK launch joint operations against Houthis in response to Red Sea ship attacks

As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....

554. EY Cyprus releases the Cyprus Tax Facts Guide 2024

EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....

555. Greek tanker hijacked in Persian Gulf, heads towards Iranian port

In a concerning development, shipping sources and the British Maritime Safety and Security Office (UKMTO) report the hijacking of a ship of Greek interests in the Persian Gulf, ...

556. Highly infectious bird flu threatens seals in Antarctica

Scientists are on high alert as a virus shows ominous signs of moving between birds and mammals, sparking concerns of potential mutations in 'spillover events.'...

557. Deloitte’s Tax Facts 2024

558. Cofounder, CEO, philanthropist, and now cowboy

The Meta chief's new addition to a list of titles comes as he revealed his latest venture is livestock farming....

559. Seven drones shot down in major Red Sea battle

In a high-stakes operation, a British warship thwarted seven drones launched by Iranian-backed Houthi fighters in the Red Sea....

560. Global economy faces worst 5-year period in 30 years

The World Bank projects a sluggish global economy from 2020 to 2025, marking the worst five-year period in the last three decades....

561. Record 34.6% surge in vehicle registrations unveiled

In a gear-shifting revelation, Cyprus witnessed a remarkable 34.6% surge in vehicle registrations, hitting 45,494 in the period from January to December 2023, as reported by the Cyprus Statistical Service in their latest report titled ''Vehicle Registrations.'' ...

562. iPhone survives 5,000-meter fall from Boeing

In a dramatic turn of events for aviation giant Boeing, the anticipation surrounding the approval of new models of its best-selling MAX jet has been overshadowed by a mid-air breach that has thrust the planemaker into the regulatory spotlight....

563. Pope Francis urges worldwide ban on ''despicable'' surrogacy

In his annual foreign policy address to ambassadors, Pope Francis strongly condemned surrogate motherhood as "despicable" and urged for a universal ban on the practice, including its commercialization. ...

564. Aging global shipping fleet raises environmental concerns

The global shipping fleet has reached its oldest average age in nearly 15 years, a concerning trend as the industry faces mounting pressure to adopt greener practices....

565. Far-right and conservatives gain momentum in Europe

The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....

566. US cities struggle as record 36,000 migrants arrive

The United States finds itself at a pivotal moment as cities across the nation grapple with a surge in migrants, placing President Joe Biden under increasing pressure from both Republicans and Democrats....

567. CIFA projects optimistic 2024 for Cyprus investment funds amid challenges

The Cyprus Investment Funds Association (CIFA) has expressed optimism for the Investment Funds sector in Cyprus in 2024, projecting another positive year despite existing challenges and uncertainties, according to a press release. ...

568. Journalism is (also) a job like any other

Since 2009, when I began working full-time in this field, I've observed the media landscape in Cyprus undergo multiple crises. From the advertising downturn following the 2008 global financial crisis—which didn't directly impact Cyprus—to dwindling sales due to the rise of the internet and social media, and further exacerbated by the banking sector's subsequent turmoil and business closures....

569. Cristiano Ronaldo invests in Paphos-based Strikerz Inc.

International football star Cristiano Ronaldo has joined a group of investors committing over $40 million to UFL, a new free football game developed by Paphos-based gaming publisher Strikerz Inc....

570. Red Sea hit by explosive drone assault

In a significant maritime incident, a drone boat laden with explosives has detonated in the Red Sea, as confirmed by the US navy....