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1291. Uber driver saves over $1,000 monthly with Tesla

Wesley Johnson, 64, uses the income he earns as a San Francisco Uber driver to offer some financial support to his four children and seven grandchildren. ...

1292. Are Famagusta restaurants pricing fairly?

The Association of Famagusta Recreation Centres has issued a statement in response to recent reports criticizing the prices of restaurants in the district....

1293. Russian warning sparks Black Sea grain export tensions

Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....

1294. Concerns over food crisis and rising prices

The head of the Competition Division of the Consumer Protection Agency at the Ministry of Commerce, Aliki Iordanou, stated that there has been no increase in product prices despite the zero VAT rate....

1295. Wheat soars 2.14%, Russia exits deal

The price of wheat has increased for the third consecutive day, surpassing 2%, as of Thursday....

1296. Cyprus' cheapest petrol stations revealed

In Cyprus, the average price of unleaded petrol 95 stands at €1.381 per litre, with the lowest cost recorded at €1.323 per litre and the highest at €1.438 per litre....

1297. Child awarded $800,000 in McDonald's nuggets case

A Broward jury decided the answer was $800,000 Wednesday afternoon, the amount in damages McDonald’s will now have to pay a girl who received second-degree burns from a Chicken McNugget in 2019, a substantial decrease from the $15 million the family’s lawyers had requested....

1298. Unmasking Turkey's masterful diplomacy

Both the history concerning fuel in the Occupied Areas and the ongoing journalistic investigation, initially highlighted by "Politis," about the development of Greek-Cypriot properties......

1299. Larnaca - Piraeus ferry ready to set sail in ten days

In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...

1300. Varosha's mysterious hotel reservations raise concerns

Today, Yeniduzen highlights a peculiar development in Varosha as its main story under the headline "A strange reservation." The newspaper reports on the opening of reservations for four hotels within the Varosha gated area, scheduled for 2025. ...

1301. Construction materials up by 5.78%

An annual increase of 5.78% was recorded in the Price Index of Construction Materials for the period January-June 2023, compared to the same period in 2022, according to data published by the Cyprus Statistical Service on Tuesday....

1302. Promising drug slows Alzheimer's decline by 36%

A new drug that claims to slow mental decline caused by Alzheimer's by 36 percent could spell 'the beginning of the end' for the degenerative brain disease....

1303. Gasoline trade in divided Cyprus

The issue of gasoline from the occupied territories is one of the most well-known psychodramas of Cyprus. It is a distortion of the market due to the country's division and the occupation of part of it by another country. ...

1304. Cyprus Parliament rejects bills on borrowers' rights

The Cyprus Parliament voted against two non-government bills regarding borrowers' rights on Thursday, disregarding warnings from the government and the Central Bank about potential threats to the stability of the financial sector....

1305. Cyprus approves €361M supplementary budget for 2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

1306. Applications open for 'Rent in Exchange' program

"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....

1307. Building and agricultural land for sale by AstroBank

1308. Driving forward: EU approves electric charging stations every 60 km

At the plenary session in Strasbourg, Members of the European Parliament (MEPs) voted today to approve new regulations focusing on expanding the availability of alternative fuel stations for cars and trucks,...

1309. Relief for vulnerable households with non-performing loans

The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....

1310. Housing sales slow due to inflation and construction costs

The value of transactions in the real estate sector amounted to €1.52 billion in the second half of the year, with the market bearing the impact of the interest hikes, inflation and the increased construction cost....

1311. Proposed foreclosure reforms spark debate in Cyprus

Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....

1312. Contentious foreclosure legislation sparks debate in Parliament

The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...

1313. Inflation drops, but food prices soar

According to Marios Droussiotis, the president of the Cyprus Consumers Association, inflation is decreasing, but food prices remain excessively high. In an interview with K, he explained that although the overall inflation rate in Cyprus is 1.9%, the prices of food items have increased by 9.8%....

1314. Diverse music styles unite at Windcraft Music Fest

The Windcraft Music Fest opens its doors for the ninth time on the weekend of July 22nd and 23rd in Katidatata Solia and invites music lovers and those seeking an interesting festival experience to join this celebration of wind instruments and more....

1315. Cyprus gov't to pay €345,000 to Turkish Cypriot for illegal use of property

The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....

1316. Thumbs-up emoji deemed legally binding

A Canadian judge has ruled that the “thumbs-up” emoji is just as valid as a signature, arguing that courts need to adapt to the “new reality” of how people communicate as he ordered a farmer to pay C$82,000 ($61,442) for an unfulfilled contract....

1317. Fuel prices plummet while food costs soar

Liquid fuels experienced the most significant annual percentage decline in June, dropping by 27.2%. Contributing to a 1.9% inflation squeeze, the lowest point in 25 months, was a 25.6% annual decline in oil prices....

1318. Climate change threatens tourism as tourism impacts climate change

Coastal erosion, rising sea levels, increased temperatures, sea disturbances, and storms, as well as the reduction of freshwater supply, are some of the consequences of climate change....

1319. Eurobank's vision: Controlling Hellenic Bank and conquering new markets

According to Bloomberg, Eurobank's deputy chief executive, managing director, and head of international operations, Stavros Ioannou, expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus....

1320. Cyprus inflation at 1.9%

Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices....