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2491. English will be used in newly established commercial and maritime courts

Cyprus' Justice Minister, Stephie Dracos, expressed on Friday her satisfaction with a constitutional amendment to allow the use of the English language by two new Courts that are expected to be created, the Commercial Court and the Maritime Court....

2492. Turn seawater into drinking water with the push of a button

MIT researchers have developed a portable desalination unit, weighing less than 10 kilograms, that can remove particles and salts to generate drinking water....

2493. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

2494. Furious US Chief Justice confirms leaked draft on abortion rights is authentic

A furious Chief Justice John Roberts has confirmed that the bombshell draft opinion leaked to Politico, in which the Supreme Court’s conservative majority moves to overturn Roe v. Wade, is indeed authentic....

2495. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

2496. Cyprus energy hub hopes hanging by a thread

Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...

2497. Dozens evacuate Azovstal after UN chief’s visits

Groups of dozens of unarmed civilians left the Azovstal steel plant in Mariupol over the weekend, after the Secretary General Antonio Guterres visited both Moscow and Kiev to coordinate a UN-backed evacuation from the sheltered underground...

2498. Cashing in: No payment problems for Russian tourists in Turkey

Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....

2499. EY Survey: Growing sustainability risks put pressure on law departments

Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....

2500. Boris Becker faces jail term for failing to declare his millions

Three-time Wimbledon champion Boris Becker could be sent to jail today as he faces a sentence for flouting the terms of his 2017 bankruptcy....

2501. Putin warns West of lightning retaliation

Russian President Vladimir Putin warned of lightning-fast retaliation if countries interfere in Ukraine as European leaders accused Russia of 'blackmail' over its cuts to gas supplies...

2502. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

2503. Erdogan critic in Cyprus sentenced by Turkish court

Turkish Cypriot journalist Sener Levent says he does not recognize a sentence handed down by a court in Turkey, where prosecutors accused him in absentia of insulting the country’s president with an offensive cartoon as well as offending the state’s military...

2504. Diner in Cyprus hates on ‘Russian’ tourists

A group of Latvian tourists in Cyprus posted a disturbing video on social media showing fellow diners at a hotel hating on them after mistaking them for Russians...

2505. Cyprus convicts ‘sex client’ on trafficking charges

A male customer who was apprehended during a raid at a suspected illegal brothel in Limassol last year has been sentenced to prison on trafficking and exploitation charges, after Cypriot lawmakers introduced tough but controversial legislation that criminalizes sex buyer behavior...

2506. Three women jailed in ‘illegal brothel’ case

Three women initially suspected of being sex trafficking victims have been arrested in Nicosia on suspicion of taking part in the running of an illegal brothel, with police securing eight-day remands but declining to specify any provisional charges against them...

2507. EBO and KPMG Cyprus announce strategic partnership

EBO, a leader in customer engagement automation that empowers enterprises through AI technology enters into a strategic partnership with KPMG Cyprus, a leader in Management Consulting & Technology Advisory services offering assistance to organizations by identifying and solving the challenges that stand in the way of their growth and excellence....

2508. Status of sex workers unknown after Nicosia raid

The legal status of three women detained during a prostitution raid in Nicosia remains unknown, while a former police officer and another female have been accused of running an illegal brothel in connection with the case...

2509. Claims abound as Kremlin’s flagship sinks

Russia's guided missile cruiser Moskva has sunk in the Black Sea while it was being towed due to damage, with Kiev saying the flagship was attacked in a military operation and Moscow pointing to an explosion caused by fire on board...

2510. Prostitutes detained after botched trafficking raid

Police are filing charges against two women accused of running an illegal brothel, after they were arrested on Thursday in Limassol during an undercover trafficking operation that yielded no evidence...

2511. All bets are off as west talks weaponizing Ukraine

Russia will view US and NATO vehicles transporting weapons on Ukrainian territory as legitimate military targets, Deputy Foreign Minister Sergei Ryabkov told the TASS news agency in an interview on Wednesday...

2512. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

2513. Restrictive measures to be lifted completely

With the epidemiological picture showing a small but steady improvement, the road to normalcy is wide open, with the agenda including the lifting of more restrictions and ultimately the introduction of new significant relaxations....

2514. A deal ‘everybody will hate’ to end the war in Ukraine

The most likely solution that will bring an end to the war in Ukraine is an agreement that “everybody will hate,” James Stavridis, NATO’s Greek-American former commander for Europe tells Kathimerini....

2515. 'The Cypriot economy must be diversified'

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....

2516. More than 30 dead, 100 wounded from rocket strike at train station

More than 30 people were killed and over 100 were wounded in a Russian rocket strike on a railway station in east Ukraine on Friday as civilians tried to evacuate to safer parts of the country, the state railway company said....

2517. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

2518. Cyprus abolishes flight pass and country categorizations

As of April 18, 2022, travelers will no longer be required to fill out the Cyprus Flight Pass when entering Cyprus. The move comes after tourist organizations called on the government to abolish the Flight pass, noting that Cyprus would be left behind other countries that had already made the move. ...

2519. CYCLOPS: 'The crown of our security co-operation', says Kasoulides

On Wednesday, US Undersecretary for Political Affairs, Victoria Nuland, and Foreign Minister, Ioannis Kasoulides, expressed their wish that the Cyprus Center for Land, Open-seas, and Port Security (CYCLOPS) will help promote security in the region....

2520. 'Orthodox faithful are holding back the antichrist', says Russian Patriarch

The return of Famagusta can be the ideal confidence-building measure, pledged Foreign Minister Ioannis Kasoulides on Wednesday, noting the government will insist on the proposal for the opening of the airport in Turkish occupied Tympou and Famagusta port in exchange for the return of the fenced-off area of Famagusta....