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391. December Newsletter of K. Treppides & Co Ltd - 06/12/2024

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

392. Clerides urges President to modernize British Bases Agreement

Former Attorney General of the Republic, Costas Clerides, has submitted a proposal to the President of the Republic, Nicos Christodoulides, urging the initiation of a dialogue with the United Kingdom concerning the British military Bases in Cyprus....

393. Tragic death of a 7-year-old sparks outrage

A tragic incident has sparked widespread anger and calls for accountability after a 7-year-old child from Paphos died following a series of alleged mishandlings by the island's public healthcare system....

394. ‘Business as usual’ for world’s top companies as they get ahead of mandatory sustainability reporting rules

With mandatory sustainability reporting nearly upon us, new research from KPMG reveals the world’s biggest companies are taking a proactive approach, with a significant increase in businesses already publishing ESG data, including carbon reduction targets....

395. The surprising rise of al-Jolani and its implications for Syria and Cyprus

No one expected that al-Jolani, a man who began his journey in the Salafi jihadism of al-Qaeda’s Syrian branch, would lead such a counteroffensive from the anti-Assad Sunni opposition....

396. Geopolitical turbulence presents a looming threat to 2025 economic growth

Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....

397. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

398. Explore the sweet side of Cyprus on 'World Mountain Day'

This December 11th, Cyprus invites locals and tourists to celebrate World Mountain Day 2024 by exploring its majestic Troodos Mountains and discovering the island’s rich biodiversity, culture, and local products. ...

399. The word of the decade is...'Brain Rot'

"Brain rot" was named the word of the year, but I believe it could rightfully be described as the word of the entire decade....

400. UK’s Keir Starmer heads to Cyprus , first visit of its kind in over 50 years

UK Prime Minister Keir Starmer is set to visit Nicosia on Tuesday, December 10, marking an important step in strengthening ties between the United Kingdom and Cyprus. ...

401. End of an era as Assad flees Syria amid government collapse

In a dramatic and swift turn of events, the Syrian government has collapsed, marking the end of the Assad family's 50-year rule....

402. Notre Dame reopens to global dignitaries

The iconic Notre Dame Cathedral reopened to global acclaim, marking a monumental milestone since the devastating fire of 2019....

403. Kasoulides calls for a NATO-ready Cyprus

Former Foreign Minister Ioannis Kasoulides has reignited the discussion surrounding Cyprus' potential NATO membership. In an official statement, Kasoulides emphasizes that, while it may take many years to prepare for membership in the North Atlantic Alliance, Cyprus should, with U.S. assistance, gradually modernize its armaments to meet NATO specifications....

404. Study reveals high-dose IV vitamin C combined with chemotherapy improves survival in advanced pancreatic cancer

405.  Turkey warns Cyprus over missile system, cites arms race risk

Turkey has strongly criticized Cyprus’s integration of the advanced Barak MX anti-aircraft missile system into its National Guard, calling the move a threat to regional stability. ...

406. AI in Finance: Embrace the Future or Be Left Behind

Technology is changing how we do everything, and finance is no different. ...

407. Potato prices skyrocket sparking long lines in occupied areas

Potatoes have become the talk of the town in Cyprus, but not for the usual reasons. ...

408. Italian Navy frigate ''Luigi Rizzo'' arrives in Limassol for port visit

The Italian Navy FREMM (European Multi-Mission Frigate) ''Luigi Rizzo'' has arrived in Limassol where she will spend a port visit for the next days, the Embassy of Italy in Cyprus announced....

409. Messages allegedly left on bullet casings in CEO's Murder

The murder of UnitedHealthcare CEO Brian Thompson on a New York City sidewalk has taken a dark and cryptic twist. Investigators found that each bullet casing left at the scene bore a single word: 'deny', 'depose', and 'defend'. ...

410. France's government falls in historic no-confidence vote

France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....

411. UnitedHealthcare CEO fatally shot in midtown Manhattan in targeted attack

In a shocking turn of events, Brian Thompson, the 50-year-old CEO of UnitedHealthcare, was fatally shot Wednesday morning in midtown Manhattan....

412. Commission's migration challenge: Syria and political hurdles complicate new EU legislation

According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...

413. Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

414. Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

415. Vietnamese tycoon can avoid death penalty by repaying $9 billion

Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....

416. Green Line regulation boosts trade, but challenges remain

The Green Line Regulation, which defines the legal framework for the movement of goods, people, and services between the government-controlled areas and the northern Turkish-occupied areas of Cyprus, remains a vital tool for the country’s reunification,...

417. 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....

418. 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....

419. Deal to return Parthenon Sculptures to Greece may be near

A deal to return the Parthenon Sculptures, also known as the Elgin Marbles, to Greece might be closer than ever, according to a former Greek government adviser, Professor Irene Stamatoudi....

420. Storm 'Bora' sweeps across Cyprus (Videos)

The low-pressure system ''Bora'' made its way to Cyprus today, bringing widespread cloud cover, rain in several areas, and a noticeable drop in temperatures. Although not as severe as its impact on Greece, the storm has already left its mark across the island....