https://knews.kathimerini.com.cy/en/news/injured-golden-retriever-saved-from-300-foot-cliff
In a heart-stopping incident at Oregon's Ecola State Park, the United States Coast Guard executed a daring rescue to save Leo, a courageous Golden Retriever who tumbled over a 300-foot cliff on New Year's Day....
https://knews.kathimerini.com.cy/en/news/blinken-s-urgent-mission-in-the-middle-east
Amid mounting concerns over the Israel/Hamas conflict, State Department spokesperson Matthew Miller emphasizes the real risk involved....
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/mayfair-shaken-by-£300k-ferrari-collision
A high-octane saga unfolded on the streets of London's Mayfair as a £300,000 Ferrari 296, painted in regal purple, met its match in a collision with a bollard on New Year's Day. ...
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/israel-proposes-hezbollah-relocation-6-miles-from-border
In a bid to alleviate tensions with Lebanon, Israel has communicated to the Biden administration its desire to push Hezbollah's forces approximately 6 miles away from the border....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/european-data-shows-low-interest-payouts-by-cypriot-banks
Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-ceo-on-65-years-challenges-and-future-strategies
Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....
https://knews.kathimerini.com.cy/en/news/postal-workers-strike-over-burnout-and-job-insecurity
In a decisive move, 300 members of the Branch Council of Postal Distributors, part of the Pancyprian union "Equality," launched a strike today, set to last until Friday....
https://knews.kathimerini.com.cy/en/news/banks-fail-menendez-s-quiz-on-$4-billion-consumer-paybacks
In a fiery congressional hearing on Wednesday, Senator Bob Menendez targeted Wall Street's top executives, putting them in the hot seat with a pop quiz on their firms' financial misdeeds....
https://knews.kathimerini.com.cy/en/news/israeli-authorities-probe-suspected-insider-trading-ahead-of-hamas-attack
In a recent development, Israeli authorities are delving into allegations raised by US researchers who suggest that certain investors might have had advance knowledge of the Hamas plan to attack Israel on October 7....
https://knews.kathimerini.com.cy/en/news/more-seniors-turning-to-marijuana-to-ease-ailments
As marijuana gains acceptance and legalization across the United States, a growing number of seniors, including Vietnam veteran Bill Martin, are turning to cannabis to address health issues....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-seizes-5-000-illegal-meds-in-pangea-operation
The fear of social stigmatization among our fellow citizens regarding diseases such as mental illness, HIV/AIDS, and erectile dysfunction is being intentionally exploited....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/new-4p-a-day-drug-to-benefit-300-000-women-in-fight-against-breast-cancer
A new breast cancer drug will be offered to almost 300,000 women in what has been hailed as a ‘major step forward’ to help fight the illness....
https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/business/energy-minister-urges-chevron-to-honor-agreement-for-aphrodite-field-development
Energy Minister George Papanastasiou has issued new communications to Chevron, the operator of the Aphrodite field, from the Parliament ahead of the crucial meeting with Chevron's Chairman, Clay Neff. ...
https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-alarming-gaps-in-youth-employment-and-basic-skills
The Chairman of the Parliamentary Committee on Labour, Welfare and Social Security, Andreas Kafkalias, expressed concern over the gaps in basic skills and the high percentage of young people not in employment, education, or training (14.7%) in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/pfizer-doubles-price-of-lifesaving-covid-19-drug-to-$1-390
The price of the lifesaving COVID-19 antiviral medication Paxlovid will more than double as the United States transitions out of the emergency phase of the pandemic, drugmaker Pfizer said Wednesday....
https://knews.kathimerini.com.cy/en/news/over-400-pets-rescued-in-spain-s-anti-trafficking-sting
A troubling incident unfolded on Wednesday morning when a 24-year-old foreigner, who had been seeking asylum in Cyprus, resorted to self-immolation in front of the Immigration and Aliens Service in Larnaca....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-drop-in-poverty-risk-4-000-fewer-affected
In 2022, the proportion of Cyprus's population facing the risk of poverty or social exclusion showed a decline, falling to 16.7%, down from 17.3% in 2021. This reduction indicates a decrease of about 4,000 individuals at risk of poverty or social exclusion....
https://knews.kathimerini.com.cy/en/news/biden-warns-that-israel-s-gaza-occupation-could-be-a-potential-big-mistake
Any move by Israel to occupy Gaza would be a “big mistake,” US president Joe Biden has said, amid hopes that the enclave’s border with Egypt would open to allow aid in, as Israeli troops continued to prepare for a ground invasion....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-third-place-in-the-economist-economic-pentathlon
With three gold and two silver medals, Cyprus ranks third in The Economist’s economic pentathlon which has calculated how the 27 EU member states perform on the five major challenges facing them, namely demand/inflation, debt, demography, decarbonisation and decoupling from the world’s autocracies....
https://knews.kathimerini.com.cy/en/news/interior-ministry-wants-to-eliminate-permits-for-small-developments
The Ministry of Interior has introduced a comprehensive plan featuring 22 measures aimed at simplifying and expediting the examination of planning applications....
https://knews.kathimerini.com.cy/en/news/world-s-dogs-considering-vegan-diet-for-a-greener-planet
If all the world’s dogs went vegan it would save more greenhouse gas emissions than those produced by the UK, according to research advocating the environmental benefits of plant-based pets....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
