https://knews.kathimerini.com.cy/en/news/scientists-warn-of-dire-effects-as-mediterranean-heats-up
While vacationers might enjoy the Mediterranean Sea’s summer warmth, climate scientists are warning of dire consequences for its marine life as it burns up in a series of severe heat waves....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....
https://knews.kathimerini.com.cy/en/news/north-plays-catch-up-with-illicit-cash
Turkish Cypriot authorities have their hands full as they investigate large sums of money being laundered in Cyprus, with cases ranging from probing courier operations south of the divided island’s UN buffer zone to media speculating on the scope of rampant tax evasion in the north...
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/business/ey-and-hult-international-business-school-announce-new-masters-in-sustainability-free-for-all-ey-people
The EY organization, in association with Hult International Business School, today announces a fully accredited Masters in Sustainability, dedicated to EY people (312,000) exclusively. It will be free of charge and available to all, regardless of rank, tenure or location....
https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/business/kpmg-limited-and-georgiou-iacovou-co-llc-announce-the-admission-of-the-law-firm-georgiou-iacovou-co-llc-to-the-kpmg-global-network-of-member-firms
KPMG Limited and Georgiou, Iacovou & Co LLC wish to announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms, as of 1 August 2022. The law firm will operate in the jurisdiction of Cyprus under the KPMG Law brand. ...
https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence
Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-rebounds-despite-lack-of-russian-tourists
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of the pandemic....
https://knews.kathimerini.com.cy/en/news/why-heat-waves-are-increasingly-hitting-europe
Record high temperatures in many Western European countries, with record highs in Britain, France, Germany and elsewhere, as well as persistent prolonged heat in the Iberian Peninsula, are the culmination of a long upward trend in Europe's summer temperatures this year....
https://knews.kathimerini.com.cy/en/news/depression-unlikely-caused-by-chemical-imbalance-in-the-brain
A recent review study is pushing back against long-held views in medicine that depression is caused by a serotonin imbalance in the brain....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-5-with-further-rate-hikes-on-the-horizon
The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....
https://knews.kathimerini.com.cy/en/news/single-use-plastics-banned-from-october-1st
As of October 1, 2022, single-use plastics products will no longer be available for sale or use in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-upgraded-to-tier-1-in-us-trafficking-in-persons-report
The Ministry of Justice and Public Order has welcomed the US State Department's Trafficking in Persons report for 2022 released on Tuesday noting the upgrade of Cyprus to Tier 1 status. ...
https://knews.kathimerini.com.cy/en/business/medicover-awarded-at-the-10th-invest-cyprus-international-investment-awards
Medicover was honoured at the prestigious 10th Invest Cyprus International Investment Awards, which recognize foreign companies, individuals, and investors for their contribution to the country’s economy....
https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/news/inflation-edges-closer-to-double-digits-in-june
Inflation in Cyprus in June edged closer to double-digits driven by the soaring prices in electricity and energy on the backdrop of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/boris-johnson-has-stepped-down
After an acute political meltdown in the U.K., Prime Minister Boris Johnson has resigned as leader of the Conservative Party, setting in motion a race for a new prime minister....
https://knews.kathimerini.com.cy/en/news/australia-is-exterminating-tens-of-millions-of-bees-to-save-its-honey-industry
Tens of millions of bees are being exterminated in a desperate attempt to save Australia's honey industry from a devastating mite plague....
https://knews.kathimerini.com.cy/en/news/north-probes-illicit-cash-route-to-south-after-ercan-arrests
Recent arrests in the north in connection with cash couriers have prompted Turkish Cypriot authorities to investigate whether large sums of money were being transferred through an illicit route to the south...
https://knews.kathimerini.com.cy/en/news/biker-dies-after-midnight-collision-on-highway
A local biker died early Sunday morning following a highway accident outside Larnaca on the highway stretch towards the airport...
https://knews.kathimerini.com.cy/en/news/house-clamps-down-on-glamping-aspirations
Cypriot parliament failed this week to pass crucial tourism legislation that would regulate low-cost lodging, but concerns about encroaching on the environment also ended up blocking a bill on the newest trend of glamorous camping...
https://knews.kathimerini.com.cy/en/news/herodotou-interest-rates-should-be-increased-gradually
The Governor of the Central Bank of Cyprus, Constantinos Herodotou, said he was in favor of the ECB gradually increasing key interest rates while keeping its options open, stressing that the European Central Bank should consider the impact of each increase and act accordingly....
https://knews.kathimerini.com.cy/en/news/commission-vp-demands-review-of-eu-decision-to-trademark-‘turkaegean
European Commission Vice-President Margaritis Schinas has sent a letter to Internal Markets Commissioner Thierry Breton demanding a review of a decision to approve Ankara’s request to trademark the term ‘Turkaegean.’...
https://knews.kathimerini.com.cy/en/business/public-world-premiere-of-the-gt4-eperformance-at-the-festival-of-speed
The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....
https://knews.kathimerini.com.cy/en/news/nicosia-jittery-about-us-demand-to-ban-vessels
The Republic of Cyprus reportedly has concerns over a US request to ban vessels transporting Russian oil, with the small island but major maritime player feeling pressure as Washington leads a G7 effort to sharply reduce Russian oil revenue...
https://knews.kathimerini.com.cy/en/news/commando-very-critical-after-helicopter-jump
A paratrooper in the Republic of Cyprus is on life support following an accident at sea, with the defense ministry calling for an investigation after reports suggested the private jumped incorrectly from a helicopter into water...
https://knews.kathimerini.com.cy/en/news/russia-defaults-on-foreign-debt-for-the-first-time-since-1918
Russia has defaulted on its foreign debt for the first time in more than a century as the country can't pay creditors due to sanctions over the war in Ukraine, according to media reports.
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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/business/deloitte-opens-up-nominations-for-its-accelerator-for-the-deloitte-accelerator-for-social-innovation-dasi-awards
Deloitte has opened up nominations for its signature programme Deloitte Accelerator for Social Innovation (DASI) in the Middle East and Cyprus, providing social enterprises in the region with the opportunity to grow and scale their impact. ...
