https://knews.kathimerini.com.cy/en/news/cyprus-robust-11-8-surge-in-household-spending-defies-eu-norms
In 2022, Cyprus experienced a notable 11.8% increase in household final consumption expenditure compared to the previous year, surpassing the EU's overall growth of 4.7%, as reported by Eurostat. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-double-digit-sanctions-violations-chaos
Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....
https://knews.kathimerini.com.cy/en/business/ai-sam-altman
Upon his return to OpenAI following a five-day exile, the controversy surrounding Sam Altman's removal appeared to stem from concerns related to a potential breakthrough in OpenAI's pursuit of artificial general intelligence....
https://knews.kathimerini.com.cy/en/news/australia-doesn-t-exist-according-to-bing
In a bizarre twist on Wednesday, Bing search results left some users questioning reality as the search engine boldly declared, "No," in response to queries about Australia's existence....
https://knews.kathimerini.com.cy/en/news/we-are-a-banana-republic-glafkos-clerides
A citizen chased and recorded with his mobile phone a mobile camera driver who was speeding over 140 km/h....
https://knews.kathimerini.com.cy/en/business/navigating-black-friday-discounts-vs-reality
Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....
https://knews.kathimerini.com.cy/en/news/swedish-media-exposes-sizopoulos-s-tie-to-golden-passports-scheme
In a joint investigation, Göteborgs-Posten and OCCRP shed light on EPP President Marinos Sizopoulos's connection to the 'golden passports' scandal....
https://knews.kathimerini.com.cy/en/news/car-crash-at-us-canada-border-kills-2
A dramatic incident unfolded on Wednesday as a high-speed crash on the Rainbow Bridge connecting New York and Ontario resulted in a fiery catastrophe, claiming the lives of two individuals in the vehicle....
https://knews.kathimerini.com.cy/en/news/decoding-the-secrets-of-confidential-oligarch-deals
Hours before Cyprus faced criticism in the European Parliament for alleged involvement of Cypriot companies in the movement of funds for Russian oligarchs, officials in Nicosia defended their reputation.
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https://knews.kathimerini.com.cy/en/news/allegations-of-fake-degrees-prompt-investigation-into-pharmacists
Concerns regarding pharmacists potentially holding forged degrees have been raised and are now under investigation by Pharmaceutical Services in collaboration with the Police....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/israel-to-free-hostages-in-exchange-for-peace
In a significant diplomatic breakthrough, Israel has approved a deal with Hamas, paving the way for the release of 50 hostages in exchange for a temporary cease-fire in Gaza lasting at least four days....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-33-drop-in-new-asylum-applications-compared-to-19-eu-increase
In August 2023, the European Union saw a 19% increase in new asylum seekers compared to the same period in 2022, with 91,735 applications recorded. ...
https://knews.kathimerini.com.cy/en/news/foreign-experts-join-probe-into-corruption-allegations
In response to revelations from the investigative report "Cyprus Confidential," experts specializing in sanctions violation and anti-money laundering (AML) from an undisclosed country are set to join the ongoing investigation in Cyprus, according to Government Spokesman Konstantinos Letymbiotis....
https://knews.kathimerini.com.cy/en/news/is-japan-under-threat-north-korea-fires-missile
In a tense development on Tuesday, North Korea reportedly launched a ballistic missile, prompting an emergency alert in Japan....
https://knews.kathimerini.com.cy/en/business/over-500-employees-to-leave-openai-and-join-microsoft
In a stunning development, a significant portion of OpenAI's workforce—over 500 employees—expresses intent to leave the AI company and join Microsoft....
https://knews.kathimerini.com.cy/en/news/supermarkets-in-spain-take-extreme-measures-to-protect-olive-oil
In Spain, the world's leading olive oil producer, supermarkets are resorting to extreme measures as the price of this liquid gold skyrockets. With some bottles reaching 14.5 euros, theft is on the rise, prompting anti-theft devices on olive oil shelves....
https://knews.kathimerini.com.cy/en/business/voice-council-president-unveils-rise-in-child-abuse-amidst-cyber-surge
In an interview with ''SPOR FM 95.0'' on the ''DIASPORA NEWS'' show, Anastasia Papadopoulou, President of the ''Voice'' Council, discussed the escalating flow of complaints related to the sexual abuse of children and minors. ...
https://knews.kathimerini.com.cy/en/news/shakira-s-€14-5m-showdown-ends-with-a-€7m-encore
Pop star Shakira has gracefully sidestepped a €14.5 million tax trial in Spain, sealing a last-minute deal with authorities just as proceedings were set to commence....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-leads-cyprus-confidential-talks
A momentous event is currently underway at the Presidential Palace, as President Nicos Christodoulides presides over a crucial meeting addressing the enigmatic ''Cyprus Confidential.''...
https://knews.kathimerini.com.cy/en/business/consumers-asked-to-roll-with-it-as-toilet-paper-surges-and-fresh-fish-takes-a-dive
In October, the cost of toilet paper surged by 17.4% compared to September, while fresh fish prices experienced a corresponding decrease of 17.4%, as per the Consumer Protection Agency's Consumer Price Watch report. ...
https://knews.kathimerini.com.cy/en/news/21-year-old-nabbed-in-famagusta-theft-and-firearm-caper
In the picturesque Famagusta district, the Crime Investigation Department sprung into action, apprehending a 21-year-old suspect linked to a perplexing case involving theft, illegal possession of firearms, and explosives....
https://knews.kathimerini.com.cy/en/news/israel-anticipates-release-of-hostages-by-hamas
In a promising development, Israel's ambassador to the US, Michael Herzog, revealed that Hamas might release a substantial number of Israeli hostages ''in coming days.''...
https://knews.kathimerini.com.cy/en/news/navigating-gaza-cyprus-confidential-and-financial-turbulence
Discussions on the regional and global implications of the war in Gaza, on tighter anti-money laundering rules in light of the “Cyprus confidential” investigation but also on the lack of adequate legislative follow-up to Parliament’s inquiry into the use of spyware, are on the agenda of the European Parliament session taking place this week in Strasbourg....
https://knews.kathimerini.com.cy/en/news/taylor-swift-s-rio-concert-turns-tragic-as-fan-s-death-shakes-the-tour
In a heartbreaking turn of events, Taylor Swift expressed deep sorrow on Instagram before her concert in Rio de Janeiro, revealing the loss of a fan just hours before hitting the stage....
https://knews.kathimerini.com.cy/en/news/israel-s-two-truck-gamble-sparks-crisis-in-gaza
Israel's decision to allow only two tanker trucks of fuel into Gaza each day for the United Nations and communication systems has raised concerns about the impact on crucial services....
https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults
Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....
https://knews.kathimerini.com.cy/en/news/a-deep-dive-into-food-waste-solutions
A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....
https://knews.kathimerini.com.cy/en/news/guardian-russian-money-flows-without-questions-in-the-occupied-territories
In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...