https://knews.kathimerini.com.cy/en/news/shell-halts-red-sea-route-amidst-houthi-threats
In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/forty-percent-of-global-jobs-face-disruption-because-of-ai
Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/spike-in-transformer-thefts-plagues-electricity-authority
There has been a surge in incidents involving the theft of equipment and other assets from the electricity distribution network of AHK, with cases of stolen transformers exceeding sixty in recent months....
https://knews.kathimerini.com.cy/en/news/78-of-gyms-in-cyprus-operate-illegally-posing-risks-to-consumers
In a startling revelation, the Pan-Cyprian Association of Gym Owners (PASIGY) disclosed in a press conference on Tuesday that a staggering 78% of private gyms in Cyprus are operating without the necessary licenses....
https://knews.kathimerini.com.cy/en/news/cyprus-and-uk-businesses-join-forces-in-new-strategic-partnership
The Cyprus Organization for Standardization and the Great Britain-Cyprus Business Association (GBCY) have announced a new strategic collaboration....
https://knews.kathimerini.com.cy/en/news/persianis-reveals-limited-cooperation-with-finance-ministry
For the limited cooperation with the Ministry of Finance, for the wrong interpretation of the research with a political prism and for the fiscal risks, the President of the Fiscal Council of Cyprus......
https://knews.kathimerini.com.cy/en/business/january-newsletter-of-k-treppides-co-ltd-eiopa
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. A newsletter issue from Treppides is an essential tool for those who are engaged in the broader financial and business sector, as one can find through the pages all the important and current developments, as well as the latest news relating to financial, audit and assurance, tax as well as legal services....
https://knews.kathimerini.com.cy/en/news/injured-golden-retriever-saved-from-300-foot-cliff
In a heart-stopping incident at Oregon's Ecola State Park, the United States Coast Guard executed a daring rescue to save Leo, a courageous Golden Retriever who tumbled over a 300-foot cliff on New Year's Day....
https://knews.kathimerini.com.cy/en/news/study-suggests-17-000-deaths-linked-to-covid-19-treatment
In a startling revelation, a study by French scientists indicates that nearly 17,000 individuals may have lost their lives during the first wave of the pandemic after taking hydroxychloroquine....
https://knews.kathimerini.com.cy/en/news/blinken-s-urgent-mission-in-the-middle-east
Amid mounting concerns over the Israel/Hamas conflict, State Department spokesperson Matthew Miller emphasizes the real risk involved....
https://knews.kathimerini.com.cy/en/news/tension-peaks-in-cyprus-natural-gas-development
The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......
https://knews.kathimerini.com.cy/en/news/south-africa-accuses-israel-of-genocide-in-urgent-icj-appeal
South Africa has urgently petitioned the International Court of Justice (ICJ) to intervene and prevent potential genocide by Israel in Gaza, specifically calling for a cessation of combat operations. ...
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/mayfair-shaken-by-£300k-ferrari-collision
A high-octane saga unfolded on the streets of London's Mayfair as a £300,000 Ferrari 296, painted in regal purple, met its match in a collision with a bollard on New Year's Day. ...
https://knews.kathimerini.com.cy/en/news/displaced-gazans-seek-shelter-among-lions-and-monkeys-in-zoo-crisis
In the heart of the Rafah Zoo, amid cages holding monkeys, parrots, and lions, displaced Gazans have found temporary refuge during Israel's 12-week military offensive.
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https://knews.kathimerini.com.cy/en/news/aging-channel-in-oroklini-raises-alarming-flood-risks
In Oroklini, an aging earthen channel crucial for rainwater management is on the verge of closure, posing a flood risk for Cyprus's largest community....
https://knews.kathimerini.com.cy/en/news/1-half-of-container-ships-avoid-red-sea-due-to-attacks
In a dramatic response to mounting security threats, half of the container ships navigating the Red Sea and the Suez Canal are steering clear of the danger zone....
https://knews.kathimerini.com.cy/en/news/houthi-threat-spurs-quick-shield-for-cypriot-ships
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait....
https://knews.kathimerini.com.cy/en/business/cyprus-implements-protective-measures-for-ships-amid-houthi-attacks
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait between Yemen and northeast Africa leading to the Red Sea, Deputy Minister of Shipping, Marina Hatzimanolis told CNA on Wednesday....
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/news/pafos-polis-chrysochous-motorway-construction-continues-amid-contractual-discussions
The risk of halting construction on the Pafos-Polis Chrysochous motorway has been temporarily averted. In recent days, the construction company formally submitted a series of requests in a letter to the Department of Public Works and the Ministry of Transport,...
https://knews.kathimerini.com.cy/en/comment/opinion/israel-should-be-alarmed
Israel faces the risk of losing the support of its traditional allies, as well as the perception of invincibility, both of which are crucial for a relatively young state confronting existential threats....
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/covid-19-novavax-vaccine-now-available-for-18-and-older
As of Thursday 21/12/2023, the Nuvaxovid HBV.1.5 COVID-19 vaccine by Novavax will be available for people over 18 years of age, the Ministry of Health said in a statement....
https://knews.kathimerini.com.cy/en/news/israel-proposes-hezbollah-relocation-6-miles-from-border
In a bid to alleviate tensions with Lebanon, Israel has communicated to the Biden administration its desire to push Hezbollah's forces approximately 6 miles away from the border....
https://knews.kathimerini.com.cy/en/news/thousands-flee-as-iceland-s-volcano-roars-to-life
Molten rock is putting on a fiery show in Iceland as a volcano erupts following weeks of seismic activity. The Icelandic Meteorological Office reports lava spewing from a 3.5km crack in the Reykjanes peninsula, triggering rapid growth....
https://knews.kathimerini.com.cy/en/news/eu-s-schinas-criticizes-veto-use-stresses-need-for-compromise
European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....
https://knews.kathimerini.com.cy/en/news/pharmacist-on-brink-of-license-revocation-over-degree-dispute
A pharmacist, whose credentials recently came under scrutiny by the state's Pharmacy Services, is now at risk of losing her license....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
