https://knews.kathimerini.com.cy/en/comment/opinion/michalis-persianis-the-wet-firecracker
The Cyprus Confidential revelations turned out to be a 'petard mouille', a wet firecracker failing to generate the anticipated excitement. This disappointment surpassed the one we experienced when we photographed accountants, politicians, lawyers, and bankers up to their chests while in the nude....
https://knews.kathimerini.com.cy/en/news/pwc-s-secret-dance-with-russian-oligarchs-revealed
Another episode is unfolding that stains Cyprus' name on a global scale. This time, it's not about the Naturalization Program or "golden passports" but centers on sanctions imposed on Russian oligarchs since Russia invaded Ukraine in February 2022....
https://knews.kathimerini.com.cy/en/news/nations-unite-for-a-tobacco-free-tomorrow
There is a growing number of countries implementing measures to curb smoking, to eradicate the habit in future generations. Portugal, Canada, Australia, France, New Zealand, Mexico, and the UK are among those taking steps to create a smoke-free generation....
https://knews.kathimerini.com.cy/en/business/gov-t-committee-calls-for-stronger-measures-to-safeguard-consumers
The Parliamentary Committee on Commerce identified legislative gaps in consumer protection during a meeting on Tuesday. Committee Chairman Kyriakos Hatzigiannis expressed concerns about the limited deterrent role of the Consumer Protection Agency and highlighted significant gaps in its programs...
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-challenges-court-ruling-on-laiki-bank-haircuts
The Central Bank of Cyprus (CBC) declared on Tuesday its intention to appeal the Limassol District Court's decision favoring the claimant in the Laiki Bank deposit impairment case from 2013....
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/comment/opinion/un-chief-s-controversial-view-on-cyprus-unity
In a recent interview, the Special Representative of the UN Secretary-General and Head of UNFICYP, Colin Stewart, referred to the fact that his country of origin, Canada, has a French-speaking Prime Minister, despite the fact that French-speakers make up 25% of the population, in order to show that ethnic and linguistic differences are being addressed and over time will not pose a threat to the unity of the country....
https://knews.kathimerini.com.cy/en/news/new-delhi-shuts-schools-imposes-driving-restrictions-in-pollution-crisis
India's capital is bringing in odd-even vehicle number plate restrictions to curb air pollution....
https://knews.kathimerini.com.cy/en/news/healthcare-ethics-scrutinized-as-concerns-arise-over-dual-practice-doctors
Recent speculations have emerged regarding doctors affiliated with the General Healthcare System (GESY), primarily in surgical specialties, who are reportedly providing services in hospitals and clinics outside of the GESY framework....
https://knews.kathimerini.com.cy/en/news/how-tens-of-thousands-snag-caribbean-golden-passports-for-$100-000
Tens of thousands of passports have been obtained by Russians, Iranians, Chinese and others from Caribbean nations, granting them visa-free travel to European countries, according to a report by the European Commission....
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/1-hamas-to-broadcast-executions-of-israeli-hostages-online
Hamas militants have vowed to broadcast their executions of Israeli hostages on the internet. Recent history shows there's virtually nothing tech companies can do to prevent that from happening....
https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....
https://knews.kathimerini.com.cy/en/news/parents-to-protect-kids-from-hamas-hostage-videos-on-social-media
Schools in Israel, the UK and the US are advising parents to delete their children’s social media apps over concerns that Hamas militants will broadcast or disseminate disturbing videos of hostages who have been seized in recent days....
https://knews.kathimerini.com.cy/en/business/ecb-keeps-watchful-eye-on-non-performing-loans
The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-organised-an-event-on-the-implementation-and-implications-of-the-european-corporate-sustainability-reporting-directive-csrd
EY Cyprus has organized an event to present the challenges that many Cypriot companies will face in implementing the European Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). ...
https://knews.kathimerini.com.cy/en/news/pyla-buffer-zone-free-of-military-presence
An agreement reached on Monday morning in relation to the issue of the buffer zone in the area of Pyla would ensure the status of the buffer zone and the non-presence of military and “police” forces of the occupying authorities, diplomatic sources told CNA, describing the development as “a very big” confidence building measure (CBM)....
https://knews.kathimerini.com.cy/en/business/1-october-newsletter-of-k-treppides-co-ltd-esma
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. ...
https://knews.kathimerini.com.cy/en/news/eu-nations-reach-agreement-on-handling-irregular-immigration
European Union countries on Wednesday sealed a deal on how to handle irregular immigration at times of exceptionally high arrivals, taking a step towards overhauling the bloc’s asylum and migration rules before a pan-European election next year....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/news/new-senate-chairman-eyes-turkey-s-f-16-deal
The Senate Foreign Relations Committee’s new chairman on Thursday said he would look at Turkey’s $20 billion Lockheed Martin F-16 fighter jet deal and that more issues than Sweden’s ascension to NATO would affect the decision on lifting his predecessor’s longstanding hold....
https://knews.kathimerini.com.cy/en/news/delta-offers-$4-000-for-flight-delays
Overbooked flights are becoming more and more commonplace as airlines look to maximize capacity and profits. And smart flyers who aren’t in a rush can capitalize on those crowds, sometimes in a big way....
https://knews.kathimerini.com.cy/en/news/senator-replaces-menendez-as-head-of-senate-foreign-relations-committee
Senator Ben Cardin will serve as chairman of the U.S. Senate Foreign Relations Committee, replacing Bob Menendez, who faces felony bribery charges, after the Senate agreed to a resolution on Wednesday naming him to the position....
https://knews.kathimerini.com.cy/en/news/ministry-of-education-to-combat-school-bullying
The Parliamentary Education Committee convened on Wednesday, September 27, to address the pressing issue of school bullying and juvenile delinquency....
https://knews.kathimerini.com.cy/en/news/european-parliament-clears-the-air-on-carry-on-baggage-fees
From now on, traveling by plane will be a different process for millions of passengers in Europe who wish to travel with carry-on baggage....
https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise
President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....
https://knews.kathimerini.com.cy/en/news/keravnos-expects-more-from-banks-to-boost-cyprus-economy
The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....
https://knews.kathimerini.com.cy/en/comment/opinion/revolutionizing-management-of-multi-owner-buildings-in-cyprus
The proposed legislative changes, tabled in the parliament yesterday, seek to modify and enhance the existing framework for the management of common buildings....
https://knews.kathimerini.com.cy/en/news/cyprus-champions-eu-s-innovative-auto-rules
Cyprus supported the compromise proposal put forward by the Spanish Presidency of the EU Council on the proposed Euro 7 regulation, during a meeting of the EU Competitiveness Council in Brussels, on Monday, with the permanent secretary of the Ministry of Energy, Marios Panayides, stressing that the new rules should protect human health while ensuring the competitiveness of the automotive industry....
https://knews.kathimerini.com.cy/en/news/are-green-products-really-green-eu-takes-a-stand
Have you ever looked at a product that claims to be carbon neutral or environmentally friendly and wondered what the heck that means, specifically? It can be a dodgy marketing practice that induces consumers into buying something that may not be anything of the sort....