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361. Turkey’s inflation hits a 19-year high of 36%

Turkey’s yearly inflation climbed at the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday....

362. What's left for the Turkish Cypriot economy after 2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

363. Financial turmoil hits Turkish Cypriots

Serious side effects from the lira's plunge–Basic food products are becoming more expensive ...

364. Prices of consumer goods and services up 4.7% in November

The Harmonized Index of Consumer Prices, which measures the changes over time in the prices of consumer goods and services acquired by households, increased by 4.7% in November 2021, compared to the index of November 2020....

365. As millions fell into poverty during the pandemic, billionaires' wealth soared

The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has found....

366. Artifacts returned to Cyprus

Cyprus recently recovered 38 of its antiquities. The Department of Antiquities of the Ministry of Transport, Communications and Works, has announced that on the 11th November 2021...

367. A 'parked' cargo of 5 billion that no one can touch

With the market "drying up" and the anxious searching for raw materials, this aluminum stock is considered worth more than its weight in gold. ...

368. Inflation in Cyprus and the EU rose to 4.4% in October

The annual inflation rate in Cyprus was 4.4% in October, slightly above the eurozone average (4.1%) and the EU average,...

369. US food banks struggle to feed hungry amid surging prices

U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation....

370. The mysterious world of the 'metaverse'

Last Sunday, Facebook announced plans to create 10,000 new jobs in the European Union over the next five years to build products that will serve the metaverse...

371. Higher costs on goods are here to stay

Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022....

372. Outlet mall west of Nicosia ready to open

A new price-slashing outlet mall on the western fringe of Nicosia is getting ready to open its doors to the public, hoping to bring a fun shopping experience based on a concept that tries to reconcile modernity with tradition...

373. Outage highlights how vital Facebook has become worldwide

In Lima, Peru, the breakdown complicated dental technician Mary Mejia’s job. Like most Peruvian medical workers, she uses WhatsApp for a multitude of tasks, including scheduling appointments and ordering crowns....

374. UK citizens rush to fill up amid shortages

The British government on Thursday night urged citizens not to panic over the closure of dozens of gas stations across the country, which was due to the significant shortage of drivers of tankers, trucks and other heavy goods vehicles....

375. Customs officers raid two shops in Paphos

Police officers and customs officials raided at least two business establishments on Monday in Paphos, where suspected counterfeit designer goods have been confiscated...

376. Police hunt for supplier in cigarette racket

Cyprus police are making headway in the fight against the sale of illegal tobacco, with officials hoping a man's dramatic arrest over the weekend could help catch bigger fish and rein in the sale of untaxed cigarettes...

377. K. Treppides & Co Ltd: Cryptocurrency

If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....

378. Cyprus issues blanket rule for Safe Pass

Health Minister Michalis Hadjipantela announced stricter measures effective next Tuesday in the Republic of Cyprus, making Safe Pass a requirement across the board but questions still remained over supermarket, bakeries, and other shops selling necessity goods...

379. Mother jailed over detained daughter’s case

A mother in Paphos has been arrested on witness tampering charges, after she reportedly attempted to get her daughter off the hook in a case of suspected theft and possibly other charges...

380. Anastasiades: Cyprus won't hesitate to veto EU-Turkey customs union

381. EU27 open up to Turkey but with a caveat

European Union leaders made good on Thursday on a 2016 promise to deepen trade ties with Turkey, but also warned Ankara to expect sanctions if it restarts exploration over disputed hydrocarbons in the eastern Mediterranean...

382. EU to get 4mln more Pfizer/BioNTech Covid shots this month

The European Commission said on Wednesday it has reached a deal with drugmakers Pfizer and BioNTech for the supply of an additional four million Covid-19 vaccine doses to be delivered this month....

383. Illegal refrigerant seized in buffer zone

Three dozen boxes of refrigerant gas were seized by authorities in the buffer zone on Tuesday, with police saying the illegal goods had been stashed away in a remote area near Potamia village...

384. Pournara residents protest harsh camp conditions

Asylum seekers living in the Pournara camp located at the outskirts of Nicosia staged a peaceful protest on Monday against the delays in the processing of their applications, as well as against the severe overcrowding and harsh conditions of life in the camp....

385. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

386. Travel categories of SMS system that returns Sunday

The SMS system that Cyprus was happy to be rid of in late spring last year will be returning on Sunday as the island grapples with the rampant spread of coronavirus that has left the healthcare system increasingly burdened....

387. Britain and EU publish Brexit trade agreement

Britain and the European Union on Saturday published the text of a narrow trade agreement just five days before the United Kingdom exits one of the world’s biggest trading blocs in its most momentous global shift since the loss of empire ...

388. Cyprus parliament approves legislation for social enterprises

Parliament on Thursday passed into law a bill allowing social enterprises to be set up in the Republic of Cyprus....

389. France, EU lawmakers push for sanctions on Turkey next month

France is leading a push for European Union sanctions on Turkey next month to follow through on a threat made by the bloc in October, but has yet to win support from EU governments beyond Greece and Cyprus, officials and diplomats said. ...

390. Cyprus records deficit of €800 million in Q2

Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....