https://knews.kathimerini.com.cy/en/news/russia-implements-bold-rate-hike-amidst-economic-challenges
Russia's central bank took swift action today, increasing its key interest rate by 350 basis points from 8.5 percent to 12 percent. This urgent move aimed to counteract the recent decline of the ruble, which was triggered by the Kremlin's call for stricter monetary policy....
https://knews.kathimerini.com.cy/en/comment/opinion/tourism-s-dynamic-future-adapting-to-change-from-within
It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....
https://knews.kathimerini.com.cy/en/news/russia-s-ruble-drops-to-lowest-level-since-2022-conflict
The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-up-32-upbeat-outlook
Tourism in Cyprus has recorded a 32% increase this year compared to last year, according to Deputy Minister of Tourism Kostas Koumis....
https://knews.kathimerini.com.cy/en/news/uncontrolled-land-sales-in-occupied-territories-raise-concerns
Kudret Ozersai, Chairman of the People's Party of the "TRNC", has sounded an alarm over the potential danger posed by unregulated real estate sales via companies in the pseudo-state. Ozersai has demanded immediate transparency regarding the extent of land areas sold to foreigners....
https://knews.kathimerini.com.cy/en/news/russian-navy-fires-warning-shots-at-uncooperative-cargo-ship
For the first time in nearly a month, a Russian warship has fired warning shots toward a cargo ship in the Black Sea on Sunday after the captain allegedly failed to respond to a request to inspect the ship....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-loan-denied-by-european-investment-bank
The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....
https://knews.kathimerini.com.cy/en/news/averof-russian-consulate-in-occupied-areas-extremely-dangerous
In a written statement, Averof Neofytou expressed deep reservations about Cyprus' intricate diplomatic position. Neofytou highlighted the complex juggling act that Cyprus finds itself performing between Western perceptions and Russian interests....
https://knews.kathimerini.com.cy/en/news/planned-russian-consulate-paves-way-for-direct-changes
Amidst renewed claims and developments in diplomatic circles, Star Kibris newspaper affirms that direct flights from Russia to the occupied territories are on the horizon....
https://knews.kathimerini.com.cy/en/news/russian-consular-services-in-occupied-areas-stirs-debate
In April 2022, when K reported that Russia was planning to establish permanent consular services for Russian citizens residing in the occupied territories, both Moscow and the Russian Federation's delegation to the European Union denied the publication,...
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-expect-august-rebound-85-90-occupancy-forecasted
The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/ukrainian-woman-detained-in-foiled-plot-to-assassinate-zelenskyy
A Ukrainian woman has been detained by Ukraine’s Security Service in connection with an apparent plot to attack President Volodymyr Zelenskyy, the service said on Monday....
https://knews.kathimerini.com.cy/en/news/drone-strikes-hit-moscow-s-financial-district
Economic sanctions have been the biggest headache for Russia's business elite since the start of the war in Ukraine, but two drone strikes in the heart of Moscow's financial district are forcing companies to think about their employees' safety....
https://knews.kathimerini.com.cy/en/news/european-leaders-standing-firm-against-erdogan-s-tactics
Turkish President Recep Tayyip Erdogan is riding high after extorting Europe and forcing not only Sweden but also NATO to humiliate themselves as supplicants caving to extortion. ...
https://knews.kathimerini.com.cy/en/news/greece-tops-billionaires-mediterranean-getaways
Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-forgotten-urgent-call-for-resolution-amid-greece-turkey-relations
At a time when there is a clear intention by Greece and Turkey to take steps to improve relations, with Athens and Ankara as well as other influential powers emitting a moderate optimism that substantial progress can be achieved, it seems that Cyprus has been forgotten, in both rhetoric and substance....
https://knews.kathimerini.com.cy/en/news/russian-warning-sparks-black-sea-grain-export-tensions
Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....
https://knews.kathimerini.com.cy/en/news/mother-arrested-after-10-year-old-girl-found-dead-in-pool
Authorities have arrested the mother of a 10-year-old girl who tragically lost her life in a villa pool in Paphos on Thursday afternoon (20/07)....
https://knews.kathimerini.com.cy/en/news/wheat-soars-2-14-russia-exits-deal
The price of wheat has increased for the third consecutive day, surpassing 2%, as of Thursday....
https://knews.kathimerini.com.cy/en/news/mi6-chief-urges-russians-to-share-info
The head of the British Secret Service MI6, Richard Moore, urged Russians who are against the war to "share" information or documents they possess with the British secret services, to bring the war to a faster end....
https://knews.kathimerini.com.cy/en/news/murder-or-setup-russian-general-s-fatal-jog
The Russian submarine commander Stanislav Ritski, who was murdered by an unknown man in Krasnodar on Monday evening, was possibly a victim of surveillance by his killer on the popular jogging app "Strava," according to the Russian news agency Tass....
https://knews.kathimerini.com.cy/en/news/desperation-or-strategy-the-drugged-soldiers-of-russia
Russia has taken to chemically lowering its soldiers' inhibitions to guarantee these ill-trained civilians and convicts continue to fight no matter the odds in the ongoing war in Ukraine, according to a UK defense think tank....
https://knews.kathimerini.com.cy/en/news/cyprus-population-reverses-decline-shows-growth
The population of the European Union has increased again after two years of decrease according to data published by Eurostat, the statistical service of the EU, on the occasion of World Population Day.
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https://knews.kathimerini.com.cy/en/news/double-the-number-of-tourist-transfers-in-the-occupied-territories
The arrival of 11 tourists in Cyprus, through the country's legal airports, and then a number of them arriving in the occupied areas, is not a daily phenomenon....
https://knews.kathimerini.com.cy/en/business/major-banks-hit-by-large-scale-cyberattack
The banks Deutsche Bank, Commerzbank, and ING are among the dozens of companies that have suffered a large-scale cyberattack....
https://knews.kathimerini.com.cy/en/news/turkey-s-plans-for-the-cyprus-problem
The major diplomatic backdrop leading up to today's NATO Summit was marked by the culmination of negotiations between the United States, Turkey, NATO, and Sweden in order to lift Ankara's months-long blockade on the latter's accession to the Alliance....
https://knews.kathimerini.com.cy/en/news/prigozhin-meets-putin-after-failed-mercenary-march-on-moscow
The Kremlin has said the Wagner group head, Yevgeny Prigozhin, met Vladimir Putin on 29 June, five days after his mercenary fighters marched towards Moscow in an aborted rebellion....
https://knews.kathimerini.com.cy/en/news/sweden-s-nato-membership-hangs-in-the-balance-as-turkey-poses-last-minute-hurdle
The developments surrounding Sweden’s NATO membership are rapidly unfolding, with indications pointing towards an imminent announcement of an agreement during the Vilnius summit held on July 11-12. However, there remains the possibility that Turkey may disrupt the proceedings at the last moment....
https://knews.kathimerini.com.cy/en/comment/opinion/the-common-dilemma-of-zelenskyy-and-makarios
How and when will the war in Ukraine end? Concerning the “how,” there is relative unanimity among Western politicians and analysts. Ukraine will either join NATO or secure an explicit commitment that the Alliance will henceforth protect its borders. ...
https://knews.kathimerini.com.cy/en/news/greek-and-cypriot-governors-to-prioritize-security
Greece and Cyprus are pillars of stability and security, President of the Republic Nikos Christodoulides and Greece's New National Defence Minister Nikos Dendias have said....