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1. Democracy's Final Form: When Digital Capitalism Perfects the 'Free Market' of Power

The convergence of two recent developments signals a profound transformation in how democracy operates in the digital age....

2. 2025: A new chapter for Cyprus’s property market

2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....

3. 17 years on, Panayiotis Netzati’s escape remains an unsolved mystery

It’s been 17 years since Panayiotis Netzati, convicted of one of the most shocking crimes in Cyprus, escaped from the Central Prison on October 14, 2007....

4. Parliament rejects AKEL’s 5% bank tax bill after tense showdown

A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...

5. BBF Takes the Stage at MAPIC Cannes, Unveiling KEAN – A New Landmark Driving Global Interest

BBF's successful participation in the 2024 edition of MAPIC, the leading international retail and real estate event held from November 26–28 at the Palais des Festivals in Cannes, France, provided the perfect backdrop for unveiling BBF's new landmark, KEAN...

6. Cyprus in turmoil as labor disputes shake key sectors

According to a report by Dorita Yiannakou in today's 'Oikonomiki', labor disputes across several key sectors in Cyprus are causing widespread unrest, as workers and unions push for improved conditions and contract renewals....

7. African workers unite for historic labour conference

African migrant workers and labour activists gathered in Nicosia's Old Town on Sunday for Cyprus's first-ever African Workers’ Conference....

8. 200 foreign companies and 1,200 new jobs in Cyprus in six months

Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...

9. Government faces labor strikes as key sectors demand action

Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...

10. Russia fires intercontinental ballistic missile at Ukraine

In a significant escalation of the ongoing conflict, Russia launched an intercontinental ballistic missile (ICBM) at the Ukrainian city of Dnipro on Thursday. This marks the first reported use of an ICBM in the war, a weapon traditionally designed for long-range nuclear strikes....

11. FT: How oil and gas companies hide methane emissions, threatening climate goals

Methane, a potent greenhouse gas, is quietly driving climate change while remaining hidden from view. The oil and gas industry is among the largest contributors to this problem, with companies using various methods to obscure the true scale of their emissions. Here's what you need to know....

12. Cyprus reunification 'off the table', says former U.S. Ambassador, warns Europe not to rely on U.S.

A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines. ...

13. Study links air pollution during pregnancy to heightened autism risk

New research suggests that air pollution exposure during pregnancy may increase the risk of autism in babies with a genetic predisposition for the condition, according to a study by Dr. Haitham Amal and his team at the Hebrew University of Jerusalem....

14. Cyprus achieves record €4.7 billion in exports, continuing years-long growth

Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....

15. Fatal fire at Aradippou factory leaves one dead

A fire that broke out Sunday morning at a two-story styrofoam factory in the Aradippou Free Industrial Zone has turned tragic after a severely charred body was discovered on the ground floor....

16. At least 95 dead as flash floods devastate southeastern Spain

At least 95 people have died due to severe flash floods caused by intense rainfall in southeastern Spain. ...

17. University of Nicosia Hosts Ceremonial Event for NEOLAiA European University Alliance

18. Tesla unveils Robotaxi and Optimus Robot at ‘We, Robot’ event

Tesla CEO Elon Musk showcased the company’s latest autonomous vehicle, the Cybercab Robotaxi, during the "We, Robot" event at Warner Bros. Studios on Thursday....

19. Digital Transformation OR Vanish!

Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....

20. Real estate investment opportunities by AstroBank

AstroBank has listed for sale a cold shell commercial building in Strovolos as well as large residential fields and other attractive properties in Nicosia and Paphos....

21. Climate change made deadly hurricane Helene 500 times more likely

As Hurricane Milton nears Florida, fueled by an unusually warm Gulf of Mexico, new research highlights how climate change is driving more intense storms....

22. Industrial turnover index hits 152.7 units in July 2024

In July 2024, the Industrial Turnover Index reached 152.7 units (base 2021=100), recording an increase of 6.,3% compared to July 2023, according to data published by the Statistical Service on Friday....

23. Cyprus’ dirty waste secret haunts ex-Minister eyeing EU job

A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....

24. Kremlin pushes procreation amid declining birthrate, encourages 'sex at work'

Russia’s top health official has urged workers to consider procreation during breaks, as part of an effort to counter the country’s population decline, a move supported by President Vladimir Putin’s long-standing push for higher birth rates....

25. Hezbollah and Israel trade heavy fire as conflict escalates

Hezbollah and Israel exchanged intense fire Sunday, with the Lebanese militant group launching rockets deep into northern Israel following one of the heaviest bombardments of the year....

26. Convicted murderer still at large 17 years after prison escape

Seventeen years after escaping from Cyprus' Central Prison, convicted murderer Panagiotis Netzati remains on the run, with his name still listed on Interpol’s most-wanted list....

27. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

28. Cyprus banks praised by US for stronger sanctions enforcement

US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......

29. ECB set to cut key interest rate by 0.25% in upcoming meeting

The European Central Bank (ECB) is expected to reduce its key interest rate by 0.25% on Thursday, according to most economists in Greece and the Eurozone....

30. Real estate investment opportunities by AstroBank

AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Famagusta, and Paphos....