https://knews.kathimerini.com.cy/en/news/thirty-million-people-in-13-cities-are-put-into-covid-lockdown-in-china
Thirty million people in 13 cities across China have been put back into a Covid-19 lockdown with hazmat-wearing officials back on the streets on a scale not seen since the pandemic began....
https://knews.kathimerini.com.cy/en/news/loss-of-1-5-to-2-of-cypriot-gdp-due-to-a-ban-on-russian-flights
Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/minister-of-health-and-scientific-advisory-committee-to-meet-as-covid-cases-on-the-rise
The increasing number of COVID-19 cases and the rise in the positivity rate will be the subject of discussion on Monday during a meeting of the Minister of Health Michalis Hadjipantela with members of the Scientific Advisory Committee....
https://knews.kathimerini.com.cy/en/news/finance-minister-concerned-over-rising-energy-and-grain-prices
Finance Minister Constantinos Petrides said today that he is concerned about the rising prices of grain and energy and the possibility of 'stagflation', but excluded the possibility of the Cypriot economy slipping into recession....
https://knews.kathimerini.com.cy/en/news/new-vaccine-findings-pose-tough-questions-for-parents-of-young-children
For American parents, particularly those with young children, the last couple of months have been dizzying and beyond frustrating....
https://knews.kathimerini.com.cy/en/news/europe-s-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite
Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....
https://knews.kathimerini.com.cy/en/news/study-certain-blood-types-may-be-more-or-less-vulnerable-to-covid
Blood type doesn’t affect much in our daily lives. In fact, most people don’t even know whether they’re Type A, B, AB, or O. But the seemingly-banal detail might be a factor in who comes under the thumb of 2020’s worldwide tyrant—that is, coronavirus....
https://knews.kathimerini.com.cy/en/news/cyprus-scraps-safe-pass-in-supermarkets
Consumers in the Republic of Cyprus no longer have to use a Safe Pass to enter supermarkets and other shops selling necessity goods, after the health ministry adopted categories of high, medium, and low risk venues...
https://knews.kathimerini.com.cy/en/news/downward-trend-of-covid-cases-deaths-and-hospitalizations-continue-in-cyprus
COVID-19 cases, deaths and hospitalizations in Cyprus continued their slow downward trend in February, mainly in the last 15 days, according to the National Surveillance Report released on Friday....
https://knews.kathimerini.com.cy/en/news/fuel-tax-to-be-reduced-by-7-cents-per-liter
Cyprus Finance Minister Constantinos Petrides announced on Thursday a reduction in fuel tax following a Cabinet meeting, at the Presidential Palace....
https://knews.kathimerini.com.cy/en/business/russian-bank-subsidiary-in-europe-collapses
While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...
https://knews.kathimerini.com.cy/en/business/how-$300-billion-in-russian-money-can-shake-markets
Credit Suisse's strategic analyst Zoltan Pozsar, who shows that Russia has about $ 300 billion in foreign currency swaps abroad,...
https://knews.kathimerini.com.cy/en/business/cypriot-npls-unchanged-in-november
Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from €4.26 billion the previous month, according to data released on Friday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/ruble-in-free-fall-as-sanctions-against-russian-central-bank-come-into-force
European Union sanctions against Russia's central bank have come into force after they were published in the EU Official Journal in the early hours of Monday, leading the ruble to fall sharply.
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https://knews.kathimerini.com.cy/en/news/freedom-day-in-the-uk-from-today
England woke up to freedom today after nearly two years of crippling on-off lockdowns as all emergency Covid laws introduced to tackle the pandemic ended at midnight....
https://knews.kathimerini.com.cy/en/news/who-is-dr-robert-malone-and-what-is-the-controversy-surrounding-his-statements-on-mrna-vaccines
Robert Malone, the self-proclaimed inventor of mRNA vaccines and a skeptic of the COVID-19 vaccines that use mRNA technology, has skyrocketed to celebrity status in recent months....
https://knews.kathimerini.com.cy/en/news/relaxation-of-measures-to-begin-next-week
New covid measures have been announced today following the meeting of the Minister of Health and the Scientific Advisory Committee this morning. ...
https://knews.kathimerini.com.cy/en/news/kasoulides-we-need-to-save-varosha-even-at-a-dear-price
Instead of sanctions, we will present Confidence Building Measures, foreign minister Ioannis Kasoulides said in an interview with "K", clarifying that we have already reviewed the policy of sanctions, which until recently was a key issue for Nicosia....
https://knews.kathimerini.com.cy/en/news/turkish-opposition-leader-refuses-to-pay-power-bill-in-protest
Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....
https://knews.kathimerini.com.cy/en/news/sweden-ends-covid-19-testing-as-pandemic-restrictions-lifted
Sweden has halted wide-scale testing for COVID-19 even among people showing symptoms of an infection, putting an end to the mobile city-square tent sites, ...
https://knews.kathimerini.com.cy/en/news/housing-projects-to-be-funded-from-casino-revenue
CLDC plans to build more than 800 housing units in the coming years, which will be allocated either through the affordable housing plan or through the new affordable rent plan for economically vulnerable households....
https://knews.kathimerini.com.cy/en/news/after-two-years-of-closed-borders-australia-welcomes-the-world-back
Australia said on Monday it will reopen its borders to vaccinated travelers this month, ending two years of misery for the tourism sector, reviving migration and injecting billions of dollars into the world No. 13 economy....
https://knews.kathimerini.com.cy/en/news/austria-passes-covid-vaccine-mandate
Austria has become the first country in the EU to make vaccinations against Covid-19 mandatory for all adults, but questions remain over whether it can sway those skeptical of taking the jab and how much the Alpine state’s government is willing to press those who won’t comply....
https://knews.kathimerini.com.cy/en/business/interest-rates-on-corporate-deposits-are-at-a-new-low
Interest rates for corporate deposits fell to a new historical low, which in December 2021 stood at 0.02%, while the interest rate for household deposits remained unchanged at 0.06%....
https://knews.kathimerini.com.cy/en/news/take-back-life-more-nations-ease-coronavirus-restrictions
Late-night partying at clubs. Elbow-to-elbow seating in movie theaters. Going without masks in public, especially in Europe and North America: Step by step, many countries are easing their COVID-19 restrictions amid hopes the omicron wave may have passed its peak....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-small-changes-to-coronavirus-measures
The Council of Ministers today approved small changes to the covid measures in place, including lifting the prohibition of entry in food and drink establishments and theatres to unvaccinated minors between 12 and 17 years of age and extending the "test to stay" measure to the National Guard....
https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires
Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...
https://knews.kathimerini.com.cy/en/business/eurostat-unemployment-at-6-4-in-cyprus-in-december-at-6-4-in-the-eu-and-at-7-0-in-the-eurozone
In December 2021 seasonally-adjusted unemployment rates dropped to 7.0% and 6.4% in the eurozone and the EU respectively, recording a slight decrease compared to November and more significantly compared to last year, according to figures published by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/business/cyprus-had-the-highest-stock-of-npls-in-eu-in-2020-eurostat-says
Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government in 2020, according to data released by Eurostat, the statistical office of the European Union....
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)....