https://knews.kathimerini.com.cy/en/business/cyprus-achieves-first-a-level-credit-rating-in-major-milestone
Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....
https://knews.kathimerini.com.cy/en/news/flight-cancellations-leave-air-haifa-struggling-for-passengers
Air Haifa, a new low-cost airline, completed its inaugural flight on the Tel Aviv-Larnaca route yesterday morning. Upon returning from Larnaca, passengers were surprised to find the flight nearly empty, a rare occurrence during this peak travel season for the Israeli aviation industry....
https://knews.kathimerini.com.cy/en/news/global-debt-to-exceed-$100-trillion-this-year
Global public debt is nearing the size of the world economy, posing risks to living standards in developed nations, the International Monetary Fund (IMF) warned....
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-water-shortage-as-dams-reach-critically-low-levels
Cyprus is facing a significant water shortage as dam levels plummet due to a severe drought and ongoing climate changes, raising concerns among national and local authorities. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-critical-challenges-in-key-energy-projects
Cyprus is grappling with pivotal energy projects at a crucial juncture. ...
https://knews.kathimerini.com.cy/en/news/billionaire-jared-isaacman-completes-first-ever-commercial-spacewalk
On Thursday, billionaire tech entrepreneur Jared Isaacman achieved a historic milestone by participating in the first private spacewalk, in collaboration with SpaceX. ...
https://knews.kathimerini.com.cy/en/news/staten-island-honors-local-heroes-lost-in-9-11-attacks
The National September 11 Memorial & Museum held its annual ceremony on Wednesday, marking the 23rd anniversary of the 9/11 terror attacks. ...
https://knews.kathimerini.com.cy/en/news/national-guard-opens-doors-to-women-in-cyprus
Cyprus announced on Sunday that women will be able to voluntarily serve in the National Guard for six to 14 months, starting in 2025....
https://knews.kathimerini.com.cy/en/news/supreme-court-to-rule-on-auditor-general-s-dismissal-on-september-18
The Supreme Constitutional Court is set to announce its decision on September 18 regarding the Attorney General's request to dismiss the Auditor General for alleged misconduct. ...
https://knews.kathimerini.com.cy/en/comment/opinion/choirokoitia-archaeological-site-in-urgent-need-of-modernization
For many years, even before independence, Cyprus Tourism and the relevant authorities have relied heavily on the "sun and sea" model, which has significantly influenced how......
https://knews.kathimerini.com.cy/en/business/gold-hits-historic-$1-million-per-bar-milestone
For the first time, the value of a gold bar has reached $1 million. ...
https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million
The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......
https://knews.kathimerini.com.cy/en/news/kition-government-s-failures-disrupt-larnaca-port
Kition Ocean Holdings has launched a scathing critique of the government’s handling of the transition of operations at Larnaca Port and Marina....
https://knews.kathimerini.com.cy/en/news/virus-in-newborns-linked-to-autism-risk-study-finds
A common virus in newborns may significantly increase their risk of developing autism, according to a new study....
https://knews.kathimerini.com.cy/en/news/jamie-dimon-eyed-for-treasury-secretary-by-trump
Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....
https://knews.kathimerini.com.cy/en/news/supreme-court-to-decide-auditor-general-s-future-by-august
At the forefront of the judicial process in the Supreme Constitutional Court is the case involving the potential dismissal of Auditor General Odysseas Michaelides due to alleged misconduct....
https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits
The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....
https://knews.kathimerini.com.cy/en/news/turkish-navy-monitors-italian-cable-laying-in-cyprus-eez
The Turkish Navy is keeping a close eye on the work of the Italian vessel Teliri, which is to lay telecommunication cables within Cyprus’ exclusive economic zone (EEZ) that will stretch to Greece and then to Italy. ...
https://knews.kathimerini.com.cy/en/news/trump-donations-surge-after-conviction-beating-biden-by-$60m
Donald Trump’s campaign outraised President Joe Biden by more than $60 million last month, according to federal filings that detailed the Republican fundraising explosion sparked by Trump’s felony convictions....
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
https://knews.kathimerini.com.cy/en/news/surge-in-turkish-cypriot-voters-expected-in-upcoming-elections
With only a few days left until Sunday, June 9, European citizens will decide who will represent them in the European Parliament. Cyprus will send six representatives to the European Parliament,...
https://knews.kathimerini.com.cy/en/business/new-911-carrera-gts-t-hybrid-power-and-striking-design
911 Carrera GTS: Innovative, lightweight T-Hybrid with a newly developed 3.6-litre six-cylinder boxer engine, electric turbocharger and electric motor....
https://knews.kathimerini.com.cy/en/news/med9-ministers-align-on-crisis-strategies-for-agriculture
The Agriculture Ministers of the MED9 group called for enhancement and promotion of crisis measures in the context of the Common Agricultural Policy......
https://knews.kathimerini.com.cy/en/news/cape-aspro-and-petra-tou-romiou-proposed-for-unesco-listing
Cyprus’ Environment Commissioner, Antonia Theodosiou, suggested a joint effort by the communities of Pissouri and Kouklia, for the inclusion of the wider area between the two communities......
https://knews.kathimerini.com.cy/en/news/israeli-police-and-military-help-settlers-block-gaza-aid-convoys
Individual members of Israel’s security forces are tipping off far-right activists and settlers to the location of aid trucks delivering vital supplies to Gaza, enabling the groups to block and vandalise the convoys, according to multiple sources....
https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves
Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....
https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients
Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....
https://knews.kathimerini.com.cy/en/news/polar-bears-stranded-on-land-as-sea-ice-vanishes
If you’ve ever wanted to experience a day in the life of a polar bear, you’re in luck.
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