https://knews.kathimerini.com.cy/en/news/greek-cypriots-in-last-ditch-effort-to-save-ghost-town
The foreign minister of the Republic of Cyprus says a proposal to lift international embargos on Ercan airport in the north is “the only way to save Varosha” for Greek Cypriots, but it may be too little too late for the seasoned diplomat as Turkish Cypriots say the ghost town is now off the table...
https://knews.kathimerini.com.cy/en/news/inflation-in-cyprus-spikes-to-an-annual-5-4-in-january
January 2022 recorded a spike in Cyprus inflation, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units falling to 104.57, compared to 105.10 in December 2021, according to the Statistical Service of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/shoes-made-from-coffee-grounds-and-recycled-plastic-bottles-are-not-only-waterproof-but-super-comfy
Your morning coffee could be used to make a pair of sneakers, a Finnish startup reveals. Rens makes new kicks from old coffee, cutting back on waste in terms of space in landfills and methane emissions....
https://knews.kathimerini.com.cy/en/news/mayor-says-cypriots-let-down-in-spy-van-case
Paphos Mayor Phedonas Phedonos says the Cypriot state let citizens down in the spy van case, suggesting it was settled with a fine and not a court trial to keep things hushed up...
https://knews.kathimerini.com.cy/en/news/blinken-expresses-resolute-support-for-a-federal-cyprus-settlement
The United States remains resolute in its support of a bi-zonal, bi-communal federation in Cyprus and will continue to work in that direction US Secretary of State Antony Blinken said on Tuesday while welcoming Cyprus’ Foreign Minister Ioannis Kasoulides in Washington....
https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022
"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....
https://knews.kathimerini.com.cy/en/business/billionaire-mark-cuban-opens-online-pharmacy-to-provide-affordable-generic-drugs
Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....
https://knews.kathimerini.com.cy/en/news/rental-prices-are-soaring-in-britain
Rents in the UK rose at a record rate last year and are expected to continue to rise in 2022, albeit at a slower pace, according to an analysis by Rightmove....
https://knews.kathimerini.com.cy/en/news/desperate-afghan-families-resorting-to-selling-their-kidneys-and-even-their-own-children-to-buy-food
Entire families in Afghanistan have been forced to sell their kidneys so they can buy food, as the country plunges deeper into a humanitarian crisis....
https://knews.kathimerini.com.cy/en/news/op-ed-the-eastmed-project-and-dilemmas-over-energy-strategy
The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...
https://knews.kathimerini.com.cy/en/news/us-is-undercutting-three-of-its-strongest-allies-in-region-by-undermining-eastmed
US Representatives Gus Bilirakis and Nicole Malliotakis recently sent a stern letter to Secretary of State Antony Blinken vociferously objecting to the Administration’s recent reversal of support for the Eastern Mediterranean Pipeline....
https://knews.kathimerini.com.cy/en/business/teddy-sagi-s-playtech-embroiled-in-takeover-battle
Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....
https://knews.kathimerini.com.cy/en/business/future-of-the-university-as-we-know-it-is-under-threat-–-ey-report
A new EY report, Are universities of the past still the future?, argues that universities in advanced economies are facing a number of existential issues in the wake of the COVID-19 pandemic....
https://knews.kathimerini.com.cy/en/news/us-and-russia-try-to-lower-temperature-in-ukraine-crisis
The United States and Russia sought to lower the temperature Friday even as they said no breakthrough was imminent in a heated standoff over Ukraine that has raised fears of a possible Russian invasion....
https://knews.kathimerini.com.cy/en/business/price-index-of-construction-materials-increases-by-17-1-in-december-2021
The Price Index of Construction Materials had a 17.1% increase in December 2021, compared to December 2020, reaching 119.66 units (base year 2015=100), according to data by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/etyfa-prometheas-full-steam-ahead
Works on the ETYFA Flagship project which will supply clean natural gas to Vassilikos Power Station continue unabated in spite of the terrible global situation as a result of the Covid 19 Pandemic....
https://knews.kathimerini.com.cy/en/business/netflix-shares-lose
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....
https://knews.kathimerini.com.cy/en/news/a-market-based-solution-to-the-anti-vaxxer-problem
As the world grapples with the fast-spreading Omicron variant and its potentially devastating consequences, a major policy dilemma revolves around how governments might nudge the unvaccinated or partially vaccinated to join the ranks of those who are fully protected....
https://knews.kathimerini.com.cy/en/news/kazakh-president-gives-shoot-to-kill-order-to-quell-protests
Security forces appeared to have reclaimed the streets of Kazakhstan's main city on Friday after days of violence, and the Russian-backed president said he had ordered his troops to shoot to kill to put down a countrywide uprising....
https://knews.kathimerini.com.cy/en/news/british-troops-to-help-london-hospitals-hit-by-covid-19-staff-shortages
The British government is tapping into the military to ease staffing shortages across London hospitals caused by a fast-spreading coronavirus outbreak....
https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020
The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....
https://knews.kathimerini.com.cy/en/news/turkey-s-inflation-hits-a-19-year-high-of-36
Turkey’s yearly inflation climbed at the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday....
https://knews.kathimerini.com.cy/en/news/what-s-left-for-the-turkish-cypriot-economy-after-2021
Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....
https://knews.kathimerini.com.cy/en/life/feeding-your-dogs-insects-can-help-fight-climate-change
Many pet owners reflexively bark “No!” when their dog or cat prepares to feast on a bug. But despite what scientists call the “yuck factor,” insects could be a sustainable secret ingredient for the booming pet food industry....
https://knews.kathimerini.com.cy/en/news/syprodat-demands-response-from-central-bank-government-and-parliament-regarding-increased-charges
The Bank of Cyprus Borrower Association (SYPRODAT) is calling for an immediate response from the Central Bank of Cyprus, the Government and Parliament in relation to the increase of charges from the largest Cypriot banks....
https://knews.kathimerini.com.cy/en/news/fda-approves-two-at-home-covid-treatments
The U.S. Food and Drug Administration on Thursday authorized Merck & Co's (MRK.N) antiviral pill for COVID-19 for certain high-risk adult patients, a day after giving the go-ahead to a similar treatment from Pfizer Inc (PFE.N) for high-risk patients above the age of 12....
https://knews.kathimerini.com.cy/en/news/christmas-on-borrowed-cash-for-many
One in four households will take on credit card debt to buy food and presents this festive season, according to the 2021 study of the European Consumer Payment Report....
https://knews.kathimerini.com.cy/en/news/financial-turmoil-hits-turkish-cypriots
Serious side effects from the lira's plunge–Basic food products are becoming more expensive
...
https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....
https://knews.kathimerini.com.cy/en/business/luxury-residences-in-the-works-at-hilton-athens
Part of the agreement on the Hilton Athens hotel between Ionian Hotels and Hilton is for the landmark unit in the center of Athens to have about 50 luxurious private residences under the brands Conrad Residences and Waldorf Astoria Residences....
