https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/chinese-elite-move-billions-abroad-in-economic-shift
In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
https://knews.kathimerini.com.cy/en/news/billionaires-choose-abu-dhabi-as-global-wealth-safe-haven
In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....
https://knews.kathimerini.com.cy/en/business/ktrends-survey-reveals-public-dissatisfaction-with-cyprus-government
In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...
https://knews.kathimerini.com.cy/en/news/europeans-have-grown-weary-of-welcoming-asylum-seekers
Negotiations for the EU Pact on Migration and Asylum are nearing completion, set to be finalized this month. Contrary to expectations, the pact is anticipated to exacerbate rather than remedy the EU's asylum and reception challenges....
https://knews.kathimerini.com.cy/en/news/henry-kissinger-influential-diplomat-passes-away-at-100
Former Secretary of State Henry Kissinger, the diplomat with the thick glasses and gravelly voice, passed away at the age of 100, according to his consulting firm. Known for dominating U.S. foreign policy during the Vietnam War and fostering relations with China, Kissinger's legacy is marked by both acclaim and criticism....
https://knews.kathimerini.com.cy/en/news/russia-s-loyalty-agreements-pose-threat-to-foreigners-freedom-of-expression
In a move that raises concerns over freedom of expression, Russia's interior ministry has drafted legislation requiring foreigners to sign a "loyalty agreement" upon entry....
https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism
Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....
https://knews.kathimerini.com.cy/en/comment/opinion/the-rising-tide-of-nationalism
The Netherlands and Argentina represent two additional victories in the surge of populism and nationalism that the world has witnessed over the past decade....
https://knews.kathimerini.com.cy/en/news/far-right-rage-explodes-in-dublin-streets-after-shocking-stabbing-incident
In a shocking turn of events, central Dublin became a battleground on Thursday evening as violent protests erupted following a knife attack in the city center....
https://knews.kathimerini.com.cy/en/news/akel-urges-president-to-prioritize-people-s-health
In a bold statement, AKEL, a prominent political party, has brought to light the Minister of Health's frustration with the Ministry of Finance....
https://knews.kathimerini.com.cy/en/news/turkish-cypriots-question-policies-amidst-cultural-shifts
Former president Ali Erel raises alarm about the declining status of Turkish Cypriots, emphasizing the growing population and housing struggles. Tricombe sees a rise in foreign buyers, a trend that could escalate with an influx of 100,000 Russians, affecting Nicosia.
...
https://knews.kathimerini.com.cy/en/business/nicosia-s-one-stop-shop-sparks-green-line-trade-revolution
The European Commission has taken a significant step in facilitating cross-border trade with the introduction of the EU One Stop Shop (EU OSS) for Green Line trade, located in the vibrant city of Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-spike-in-economic-uncertainty-amidst-regional-conflict
After a relatively stable six-month period, economic uncertainty in Cyprus experienced a notable surge in October, with the Economic Policy Uncertainty (EPU) index reaching an estimated 256.63, compared to its September value of 202.84....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-$1-22-billion-for-electric-cars
Cyprus is set to undergo a transformative phase with its revised Recovery and Resilience Plan, valued at $1.22 billion....
https://knews.kathimerini.com.cy/en/news/deputy-ministry-s-one-stop-shop-for-shipping-sets-sail-monday
The one-stop-shop shipping centre at the Deputy Ministry of Shipping will be operating as of next Monday, starting with the services of the Department of Population Records and Immigration, announced the competent Deputy Minister Marina Hadjimanolis....
https://knews.kathimerini.com.cy/en/news/mandatory-insurance-for-doctors-to-ensure-accountability
In a move to address recent legal developments, the Democratic Rally (DISY) party in Cyprus has proposed a law requiring doctors to sign contracts with insurance companies and obtain licenses from the Pancyprian Medical Association....
https://knews.kathimerini.com.cy/en/business/master-the-art-of-black-friday-shopping
As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....
https://knews.kathimerini.com.cy/en/news/will-black-friday-s-shopping-basket-be-lighter-this-year
The November market outlook differs this year....
https://knews.kathimerini.com.cy/en/news/trans-people-now-eligible-for-baptism-and-godparent-duty
The Vatican’s doctrinal office has said that transgender people can under certain circumstances be baptised in the Catholic church and serve as godparents in a statement that has been hailed as a “major step for trans inclusion”....
https://knews.kathimerini.com.cy/en/business/championing-consumer-rights-in-the-digital-era
A Consumer Dialogue event titled "New Consumer Agenda - Challenges ahead" took place at the EU House in Nicosia, addressing critical aspects of consumer protection, consumer rights and obligations in an era marked by the challenges of digitalization and the green transition....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-measures-to-combat-school-violence-and-delinquency
The Council of Ministers in Cyprus has given the green light to a series of measures aimed at preventing violence and delinquency, with a strong emphasis on the role of schools in addressing this issue....
https://knews.kathimerini.com.cy/en/news/un-warns-of-potential-war-crimes-amid-israel-gaza-violence-surge
The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”....
https://knews.kathimerini.com.cy/en/news/cyprus-passport-ranks-21st-worldwide-thanks-to-its-perks-and-power
Cyprus's passport is currently the 21st most powerful globally, with a total score of 104.00. This ranking considers not only travel opportunities but also taxation, global reputation, dual citizenship policies, and personal freedom....
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/news/google-maps-incident-reveals-offensive-messages-near-gaza
When Google Maps users navigated to the Rafah border crossing between Gaza and Egypt on Tuesday, they might have seen placenames that included, “F**k Israel,” and “May god curse Israel’s Jerusalem.”...
https://knews.kathimerini.com.cy/en/business/cyprus-could-meet-40-of-it-energy-needs-through-solar-power-by-2030
Cyprus is on track to meet 40% of its energy needs through solar power by 2030, according to Francesco La Camera, the Director-General of the International Renewable Energy Agency (IRENA)....
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-market-remains-unpredictable-despite-economic-chaos
Everything around us exudes a sense of precision. Costs are on the rise, from the basic materials used in production to the final products we consume. ...
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....