https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant
A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-about-racism
The image of a 43-year-old Cypriot man beating a woman of African descent with an infant in her arms is the definition of racist gender-based violence....
https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe
Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....
https://knews.kathimerini.com.cy/en/news/akar-slams-greece-for-seeking-to-block-sale-of-f-16-jets-to-turkey
Turkish Defense Minister Hulusi Akar on Tuesday attacked Greece and the Greek American lobby in the United States for seeking to put the brakes on the sale of 40 Lockheed Martin-made F-16 fighter jets to Turkey,...
https://knews.kathimerini.com.cy/en/news/plot-thickens-as-greece-irked-over-antonov-crash
Athens says Belgrade and Kiev had not shared information about dangerous cargo on board a Cypriot company-owned Antonov that crashed-landed in northern Greece, with the plot thickening after recipient Bangladesh denied Serbian reports that Dhaka was expecting mines onboard the aircraft leased to a Ukrainian company...
https://knews.kathimerini.com.cy/en/news/rumors-fly-after-antonov-crash-in-greece
A retired intelligence officer in Cyprus says there is no way a downed Ukrainian cargo plane could have been carrying illegitimate weapons, with rumors still raging over allied weapons to Ukraine being sold on the black market while experts in Greece saying they found no evidence of dangerous substances at the crash site...
https://knews.kathimerini.com.cy/en/news/cost-of-basic-consumer-goods-continues-to-rise
Prices of the vast majority of basic consumer goods continued their steady rise. Between June 8 to July 13, the largest increase was recorded in Vegetables (greenhouse cucumbers) reaching 52.2%, ...
https://knews.kathimerini.com.cy/en/news/us-house-passes-bill-restricting-f-16-sales-to-turkey
The US House has approved an amendment for blocking F-16 sales to Turkey....
https://knews.kathimerini.com.cy/en/news/menendez-turkey-unwilling-to-resolve-issues-before-f-16-purchase
US Senate Foreign Relations Committee chairman, Robert Menendez, has raised a number of issues that need to be addressed in order for Turkey to purchase F-16 aircraft from the US....
https://knews.kathimerini.com.cy/en/news/sri-lankan-president-flees-country-amid-devastating-economic-crisis
Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....
https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value
The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....
https://knews.kathimerini.com.cy/en/business/cattle-class-no-more-thanks-to-air-new-zealand-s-skynest
Air New Zealand will introduce sleep pods in the economy class cabins of its ultra-long-haul Boeing 787-9 Dreamliners from 2024. ...
https://knews.kathimerini.com.cy/en/news/us-senator-‘i-will-do-all-in-my-power-to-secure-f-16-deal-with-turkey
US Senator Lindsey Graham has said he fully supports the Biden administration’s decision to sell F-16 fighter jets to Turkey and will do all he can to secure a deal, several media reported on Tuesday....
https://knews.kathimerini.com.cy/en/news/cannabis-fed-chickens-may-cut-antibiotic-use-on-thailand-farms
The government of Thailand just removed cannabis from its list of narcotic substances, which they hope will benefit the tourism and pharmaceutical industries....
https://knews.kathimerini.com.cy/en/news/biden-believes-congress-will-give-green-light-for-f-16-sale-to-turkey
U.S. President Joe Biden said on Thursday the United States supports the sale of F-16 fighter jets to Turkey and that he is confident the congressional approval needed for the sale can be obtained....
https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....
https://knews.kathimerini.com.cy/en/business/can-something-really-come-from-nothing
A consumer electronics start-up called Nothing has secured financing of more than $200mn to launch its debut smartphone, in the first attempt for several years by a newcomer to crack a market dominated by Apple and Samsung....
https://knews.kathimerini.com.cy/en/news/big-disparity-of-fuel-prices-on-the-island
The highest price for Diesel has reached €1.999 in Cyprus, according to the Consumer Protection Service's Fuel Retail Price Observatory. ...
https://knews.kathimerini.com.cy/en/news/cyprus-plays-supporting-role-in-lng-arena
After years of trying to locate and extract natural gas from its EEZ, Cyprus' prospects continue to stagnate due to the current geopolitical conditions, the Cyprus issue, and the fact that the research, although promising, has not yet yielded the large quantities that were found in the EEZ of Egypt and Israel....
https://knews.kathimerini.com.cy/en/business/batterygate-millions-of-iphone-users-could-receive-compensation
Millions of iPhone users could be eligible for payouts, following the launch of a legal claim accusing Apple of secretly slowing the performance of older phones.
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https://knews.kathimerini.com.cy/en/news/ferrari-to-launch-its-first-electric-only-car-in-2025
Ferrari is aiming for two of every five cars it sells to be fully electric by 2030, as the luxury brand tries to marry the need to reduce emissions with a reputation built on the prowess of its traditional engines....
https://knews.kathimerini.com.cy/en/news/mavroyiannis-open-to-cypriot-gas-for-turkey-before-solution
AKEL-backed independent presidential candidate Andreas Mavroyiannis says Cyprus could sell natural gas to Turkey before a comprehensive solution can be reached on the island, marking a departure from official policy as well as the position of his opponents...
https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts
As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...
https://knews.kathimerini.com.cy/en/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting
EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....
https://knews.kathimerini.com.cy/en/news/eu-to-implement-one-charger-for-all-devices-by-2024
In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-looking-for-answers
There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/menendez-there-will-be-consequences-for-turkey-s-violations
The Turkish occupation of Cyprus and Ankara's policy, which remain a threat to stability and prosperity in the region, was raised by Senator Robert Menendez during the Annual Economist New York Mediterranean Business Summit on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-looking-to-acquire-a-presidential-aircraft
Discussions surrounding the purchase of an official presidential plane return to the fore....
https://knews.kathimerini.com.cy/en/business/ikea-to-start-selling-solar-panels-in-us-stores
The popularity of solar has gone through the roof—and now IKEA is making it easier to install some panels on your roof....
https://knews.kathimerini.com.cy/en/news/slight-rise-in-economic-sentiment-in-may
Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and Consumer Survey of the Economics Research Center of the University of Cyprus....