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1681. UK records 40C for first time in history as European heatwave rages

The UK has recorded a temperature of above 40C for the first time in history – at London Heathrow – as the extreme heatwave ravaging the country and parts of Europe prompted warnings of a “very extreme danger” of wildfires....

1682. Cost of consumer goods and services increased by 9% in June

The Harmonized Index of Consumer Prices (HICP) increased by 9% in June, when compared to the index of June 2021, setting a new record high, while continuing its upward course for the 16th consecutive month, pushed by the consecutive appreciations mainly in energy prices....

1683. EY announces US$1b investment in a next generation technology platform to facilitate trust, transparency and transformation through assurance services

EY announced an investment of more than US$1b in a next generation assurance technology platform – part of a sustained focus on providing high quality audits and responding rapidly to changing expectations from regulators, governments, standard setters, audit committees and boards. The four-year investment is enabled by a wider US$2.5b program, announced by the EY organization in September 2021....

1684. Construction costs continued its steady rise in June

The Price Index of Construction Materials continued its rising trend in June, reflecting the increased cost borne by contractors and rising prices in the construction sector....

1685. Three times as many Cypriots traveled abroad in June

Cypriots and Cypriot residents traveling abroad increased more than three-fold in June compared with June of last year according to data released by the Statistical Service of Cyprus (Cystat)....

1686. High temperatures and wildfires test Europe's patience (pictures)

Firefighters have been battling several blazes in southern Europe for the past few days as the mercury soared, with scientists linking the very high temperatures to climate change....

1687. Cost of basic consumer goods continues to rise

Prices of the vast majority of basic consumer goods continued their steady rise. Between June 8 to July 13, the largest increase was recorded in Vegetables (greenhouse cucumbers) reaching 52.2%, ...

1688. Four individuals charged with conspiracy in Al Jazeera expose

Four individuals have been charged with conspiracy and will appear before a criminal court in September for their role in granting citizenship to foreign investors who didn't quite meet the criteria....

1689. Assailant in Larnaca video denies charges

A local man caught on video verbally and physically assaulting an asylum seeker who was holding her baby has been remanded in custody, but his lawyer says he was the one who called police in the first place...

1690. Over 15,000 covid cases recorded in the past week

Cyprus Health Ministry announced on Friday that seven COVID-19 patients, four men and three women, died from 8 to 14 July while 15,386 new cases were traced....

1691. Construction projects decline as prices soar

Activity in the construction sector in Cyprus continues its decline in the first quarter of 2022, amid soaring prices, data released on Tuesday by the Statistical Service of Cyprus show....

1692. Sri Lankan president flees country amid devastating economic crisis

Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....

1693. Cyprus property market growing in number and value

The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....

1694. FANEROMENI22 - Band Macumba

1695. Trade deficit increased to €2,967.6 million for the period January – May 2022

The trade deficit was €2,967.6 mn in January – May 2022 compared to €2,265.8 mn in the corresponding period of 2021, according to provisional data, published by the Statistical Service on Monday....

1696. Covid: Four dead, 14,914 new cases recorded from 1-7 July 2022

Four people died from COVID-19 in the period between July 1-7 while hospitalizations rose to 97. According to the Health Ministry, the positivity rate is now at 13.42% after 14,914 new cases were recorded....

1697. Inflation edges closer to double digits in June

Inflation in Cyprus in June edged closer to double-digits driven by the soaring prices in electricity and energy on the backdrop of the war in Ukraine....

1698. Men work 7.5 years longer in Cyprus compared to women

The expected average duration of working life for 15-year-olds in the EU was 37.9 years in Cyprus in 2021, above the EU average of 36.0 years, according to data released by Eurostat, the statistical service of the EU....

1699. Cyprus makes Russophobia list in Moscow report

Cyprus was among countries listed in a Moscow report on attacks and discrimination against Russians living abroad, with allegations on the island ranging from bullying in schools to stalking, threats of violence and financial sanctions...

1700. A total of €362.9 million euros in new loans recorded in May

A total of €362.9 million euros in new loans were recorded in May, according to data released by the Central Bank of Cyprus on Tuesday. The increase in new loans is mainly due to both an increase in loans for over €1 million and loans for the purchase of homes....

1701. Scandal shakes things up in Cypriot health

Health officials in Cyprus are fast tracking special software to distribute drugs to cancer patients, following shocking allegations of vote trading and deep state politics in a system overseen by House representatives off the record...

1702. Covid cases have increased up to 34% in some EU countries

The increase of COVID-19 cases in some countries of Europe since last week has been up to 34%, EU Health and Food Security Commissioner, Stella Kyriakides, told Cypriot journalists covering the European Parliament plenary in Strasbourg, on Tuesday....

1703. Non-endemic bird the first of its kind in Cyprus

The Cyprus Rare Birds Committee confirmed the Akrotiri Environmental and Education Centre's record of an African Desert Warbler, on April 19 last year, and accepted and officially recognized it as the first of its species in Cyprus....

1704. Employee influence grows: 43% set to quit jobs for better pay, career opportunities and flexibility

Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...

1705. Exness supports technology education in Cyprus through Robotex Platinum sponsorship

1706. Cyprus employment fell by 1.5% to 39,100 persons employed

Employment in the broad industrial sector decreased in 2020 by 1.5% to 39,100 compared to 39,700 in 2019, according to the results of the Survey on Industrial Production 2020, published by the Cyprus Statistical Service on Monday. ...

1707. Covid: 3 deaths, 10,879 new cases in the last 7 days

Cyprus’ Health Ministry announced on Friday that 3 people passed away due to COVID-19 while the week between 24-30 June a total of 10,879 new cases were detected. The positivity rate now stands at 11.62%....

1708. Paphos police confirm CID probe in commando death

Investigators from Paphos’ Criminal Investigation Department are probing the death of a commando who jumped in the water from a helicopter during the shooting of a promo video, with reports saying they are focusing on footage to ascertain the aircraft’s maneuvers but also asking the army for audio recordings during the fatal mission...

1709. Commando succumbs to injuries after helicopter jump

A commando succumbed to his injuries on Wednesday following an accident two days earlier when he jumped out of a moving helicopter during military training in Paphos, with his death marking the third army fatality in one year...

1710. Average gross earnings increased by 6.8% in Q1 of 2022

The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, recording an increase of 6.8%, according to data published, on Wednesday, by the Cyprus Statistical Service....