https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism
Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-redefines-corporate-reporting-landscape-at-3rd-annual-insights-event
EY Cyprus organised its 3rd Annual Corporate Reporting Insights event titled ‘Connectivity: Reforming Corporate Reporting.’ ...
https://knews.kathimerini.com.cy/en/news/bill-gates-predicts-a-3-5-day-work-week-with-ai
In a recent podcast, Bill Gates countered job loss concerns due to artificial intelligence, suggesting it might lead to a more relaxed work schedule....
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/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
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/pocket-drain-or-green-gain-denmark-s-tricky-tax-call
Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel....
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/cyprus-seizes-5-000-illegal-meds-in-pangea-operation
The fear of social stigmatization among our fellow citizens regarding diseases such as mental illness, HIV/AIDS, and erectile dysfunction is being intentionally exploited....
https://knews.kathimerini.com.cy/en/business/surging-airbnb-revenues-by-27-in-occupied-territories
For 2022 alone, there has been a 27% increase in Airbnb income in the occupied territories, with the annual amount per accommodation reaching 24 thousand....
https://knews.kathimerini.com.cy/en/news/five-brave-souls-fall-in-us-military-chopper-disaster-off-cyprus
In a heartbreaking incident, five American service members lost their lives in the eastern Mediterranean as a U.S. military MH-60 helicopter crashed during routine training, about thirty nautical miles off Cyprus....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/agios-silas-wildfire-sparks-emergency-response
A wildfire ignited on Monday afternoon in the vicinity of Agios Silas, Limassol, Cyprus, threatening dry grasslands and wild vegetation. The incident was reported to local authorities, and an immediate response was initiated to contain the blaze....
https://knews.kathimerini.com.cy/en/news/hunter-kicks-off-season-with-gunshot-wound-to-leg
A hunter was rushed to the hospital on Sunday, November 5, after suffering a gunshot wound, marking the opening day of the hunting season for hare and partridge....
https://knews.kathimerini.com.cy/en/news/the-toxic-side-of-cyprus-mushroom-gathering
Mushroom enthusiasts in the mountainous regions of Cyprus have been treated to a bountiful mushroom-picking season thanks to the satisfactory rains of October....
https://knews.kathimerini.com.cy/en/news/minister-reveals-startling-quadrupling-of-cocaine-users-in-two-decades
The Minister of Justice and Public Order, Anna Koukkides Procopiou, revealed a significant rise in cocaine use in Cyprus, with the number of users estimated to have quadrupled in the past two decades....
https://knews.kathimerini.com.cy/en/business/italy-s-ai-tsar-an-85-year-old-who-might-struggle-to-google-ai
A decision to appoint an 85-year-old as Italy’s artificial intelligence (AI) tsar has caused bafflement and stoked political tensions within the ruling coalition....
https://knews.kathimerini.com.cy/en/news/should-tenants-have-a-paw-sitive-right-to-pets
Is a tank full of snakes in a bedsit OK? Would three St Bernard dogs in a two-bedroom flat be too much?...
https://knews.kathimerini.com.cy/en/news/high-dust-concentrations-pose-health-risks
The Air Quality Monitoring Network, operated by the Department of Labour Inspection, has detected elevated concentrations of dust in the atmosphere on Wednesday, raising concerns about potential health risks....
https://knews.kathimerini.com.cy/en/news/construction-worker-rescued-in-nicosia-accident
In a distressing incident that unfolded on the morning of October 19, an industrial accident sent shockwaves through the construction site situated in the heart of Nicosia. The incident transpired at a structure under construction on Gladstonos Street, Nicosia....
https://knews.kathimerini.com.cy/en/news/tunisian-gunman-in-brussels-attack-entered-europe-illegally-via-italy
In a recent tragic incident, a Tunisian terrorist, Abdelsalem Lassoued, entered Europe illegally through Italy and went on to commit a deadly attack in Brussels. ...
https://knews.kathimerini.com.cy/en/news/over-400-pets-rescued-in-spain-s-anti-trafficking-sting
A troubling incident unfolded on Wednesday morning when a 24-year-old foreigner, who had been seeking asylum in Cyprus, resorted to self-immolation in front of the Immigration and Aliens Service in Larnaca....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-rankings-with-ai-driven-excellence
A new analysis, ranking 47 pension systems across the world, has shed light on the growing impact of AI on pension systems....
https://knews.kathimerini.com.cy/en/news/gunshot-incident-targets-mobile-camera-vehicle
Authorities were swiftly alerted to a harrowing incident where a shot was fired at a vehicle operated by a mobile camera operator....
https://knews.kathimerini.com.cy/en/comment/opinion/biden-s-mission-in-the-middle-east
US President Joe Biden may be advanced in age, and there are ongoing concerns within his team regarding the risks of a literal stumble that could potentially harm his image. ...
https://knews.kathimerini.com.cy/en/news/40-year-old-man-s-affair-with-ai-takes-shocking-turn
Some Americans are turning to artificial intelligence (AI) chatbots for "emotional support, companionship and even sexual gratification," according to a new report from The Washington Post....
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....