https://knews.kathimerini.com.cy/en/news/jpmorgan-chase-settles-$290m-lawsuit-with-epstein-victims
JPMorgan Chase (JPM) reached a tentative $290 million settlement with victims of Jeffrey Epstein, one of two lawsuits alleging the nation's largest bank ignored warnings about its longtime client and facilitated his alleged sex trafficking....
https://knews.kathimerini.com.cy/en/news/erdogan-s-controversial-visit-to-the-occupied-areas
Breaking from tradition, Turkish President Recep Tayyip Erdogan embarked on an unauthorized visit to the "TRNC" before his scheduled trip to Azerbaijan on June 13....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/comment/opinion/tackling-vulgarity-and-impunity-in-politics
MP Andreas Themistocleous' recent display of vulgarity is just one example of a more significant issue within politics, and unfortunately, it won't be the last. ...
https://knews.kathimerini.com.cy/en/news/greek-islands-grapple-with-doctor-shortages-as-tourism-takes-priority
Many Greek islands face severe shortages of doctors and nurses and attempts to solve the issue fall afoul of local economies and, in certain cases, government bureaucracy....
https://knews.kathimerini.com.cy/en/news/trump-indicted-on-37-federal-counts
Former President Trump was indicted on 37 federal counts, including willful retention of national defense information, conspiracy to obstruct justice, and false statements, according to an unsealed copy of the indictment obtained by Fox News....
https://knews.kathimerini.com.cy/en/news/al-jazeera-case-to-be-refiled-as-court-reshuffling-halts-proceedings
Next week, the criminal case related to the Al Jazeera media network's reporting and events surrounding the exceptional naturalization of foreign investors and businessmen will be refiled based on the findings of the Nicolatos Committee, as reported by CNA....
https://knews.kathimerini.com.cy/en/news/declining-new-loans-in-cyprus-signals-economic-shifts
In April 2023, Cyprus experienced a notable decline in new lending, as reported by the Central Bank of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/tesla-s-optimus-robot-a-step-towards-a-sci-fi-future
Have you ever imagined what it would be like if a robot could run your errands, do your chores and maybe even become an extension of you? Well, don't put away your popcorn just yet, because Tesla's new Optimus robot could bring us one step closer to this sci-fi fantasy....
https://knews.kathimerini.com.cy/en/business/building-and-agricultural-land-for-sale-by-astrobank
https://knews.kathimerini.com.cy/en/news/deaths-confirmed-after-kherson-dam-collapse
Rescue teams have been working round the clock in Kherson and the surrounding districts searching for survivors stranded by the flooding....
https://knews.kathimerini.com.cy/en/news/cyprus-housing-prices-rise-amid-increased-demand
During the fourth quarter of 2022, housing prices in Cyprus continued their upward trend, driven by increased construction costs and higher demand....
https://knews.kathimerini.com.cy/en/news/police-warn-speed-camera-van-blockers
Traffic police officials are calling on rogue drivers not to block speed camera vans by deliberately parking their vehicles directly behind, warning them of fines in case they get caught...
https://knews.kathimerini.com.cy/en/news/parliament-approves-reduced-vat-rate-on-first-homes
The plenary session of the Cyprus Parliament passed on Thursday almost unanimously a law allowing for the imposition of a reduced VAT rate of 5% on the first 130 sqm of a primary residence, including both houses and apartments...
https://knews.kathimerini.com.cy/en/news/finance-minister-warns-of-vat-consequences
With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....
https://knews.kathimerini.com.cy/en/news/female-athletes-sue-to-compete-on-level-playing-field
A federal appeals court on Tuesday questioned whether a group of female track and field athletes in Connecticut has the right to sue over a policy allowing transgender athletes to compete in girls’ athletic events....
https://knews.kathimerini.com.cy/en/news/surge-in-fraudulent-accommodation-scams-targets-holidaymakers
The director of the Electronic Crime Sub-Directorate, Andreas Anastasiades, has issued a warning about a surge in fraudulent activities where criminals are posing as tenants or owners of houses, apartments, and hotels....
https://knews.kathimerini.com.cy/en/news/finmin-underlines-the-importance-of-disciplined-policy
The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....
https://knews.kathimerini.com.cy/en/news/wasted-potential-cyprus-grapples-with-renewable-energy-storage-challenges
The Parliamentary Trade Committee of the House of Representatives examined the issue of the absence of renewable electricity storage systems, which leads to the rejection of significant power generation. ...
https://knews.kathimerini.com.cy/en/news/april-records-a-decrease-in-loan-volumes
The Central Bank of Cyprus announced in a press release on Tuesday that total new loans decreased to €473.9 million in April 2023, compared to €922.5 million in the previous month....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/news/unresponsive-private-plane-flies-over-washington-dc-crashes
A wayward and unresponsive business plane that flew over the nation’s capital Sunday afternoon caused the military to scramble a fighter jet before the plane crashed in Virginia, officials said. The fighter jet caused a loud sonic boom that was heard across the capital region....
https://knews.kathimerini.com.cy/en/news/new-plan-to-safeguard-vulnerable-groups-homes-nears-approval
The Director of the Press Office of the President of the Republic, Victor Papadopoulos, announced that a new plan to safeguard the first homes of vulnerable groups in Cyprus is on the horizon. ...
https://knews.kathimerini.com.cy/en/news/california-electricity-bills-based-on-your-paycheck
Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....
https://knews.kathimerini.com.cy/en/news/biden-stumbles-during-address-to-air-force-academy-graduates
President Joe Biden on Thursday thanked U.S. Air Force Academy graduates for choosing “service over self” but said they now have the ''great privilege'' of leading in a world that will only get more confusing in the years to come....
https://knews.kathimerini.com.cy/en/news/biden-whistleblower-hints-at-cypriot-help-in-run-off
Biden whistleblower Gal Luft appears to have resurfaced after going missing earlier this year in Cyprus, with a New York Post piece suggesting the Israeli professor who was in custody on a US arrant had escaped with help on the island...
https://knews.kathimerini.com.cy/en/news/child-deaths-in-khartoum-orphanage-amid-sudan-conflict
At least 60 infants, toddlers, and older children perished over the past six weeks while trapped in harrowing conditions in an orphanage in Sudan’s capital as fighting raged outside....
https://knews.kathimerini.com.cy/en/news/local-home-buyers-feel-priced-out-in-divided-cyprus
Cypriots on both sides of the divided island have been noticing real estate prices going up in recent years due to foreign buyers willing shell out more, with reports suggesting the trend is going nowhere but up...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-tax-deductions-for-businesses-and-extends-tax-payment-deadline
The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....
https://knews.kathimerini.com.cy/en/business/why-are-food-prices-so-high-in-europe
It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....