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/bank-of-cyprus-returns-to-london-for-investment-talks
Just two months after its last visit to the heart of investment interest, the Bank of Cyprus is making waves again in London....
https://knews.kathimerini.com.cy/en/news/uk-abruptly-cancels-meeting-with-greek-pm-over-parthenon-dispute
In a sudden turn of events, a diplomatic rift has surfaced between the British and Greek governments, revolving around the Parthenon Sculptures....
https://knews.kathimerini.com.cy/en/news/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans
At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....
https://knews.kathimerini.com.cy/en/news/israel-approves-more-releases-as-truce-nears-deadline
In a surprising turn of events, the Israel-Hamas truce has rolled into its fifth day, bringing a ray of hope amid the recent tensions. Both sides have been diligently releasing hostages, signaling a possible thaw in the conflict....
https://knews.kathimerini.com.cy/en/news/israel-releases-17-hostages-including-russian-and-thai-nationals
In the latest chapter of the ongoing conflict, the third exchange of hostages and prisoners between Hamas and Israel unfolded amidst a fragile four-day truce in Gaza....
https://knews.kathimerini.com.cy/en/news/eu-commissioner-s-urgent-call-for-sustainable-pesticides-reform
In a significant move for environmental and agricultural sustainability, the European Commission put forth legislative proposals in June 2022 aimed at curbing the use of the most hazardous pesticides. The proposal outlines a bold plan to achieve a 50% reduction by 2030....
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/limassol-murder-investigation-nears-trial-as-tensions-escalate
Limassol CID's investigation into the October 30 murder of 55-year-old Thanasis Kalogeropoulos is nearing completion, with the case file expected to be filed for trial by the Criminal Court next Thursday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-chevron-s-aphrodite-development-talks-intensify
Negotiations between Cyprus and Chevron regarding the long-standing differences over Block ''12'' on Cyprus' Aphrodite are reaching a climax. On November 20, the deadline for the last two-week extension granted to Chevron expired....
https://knews.kathimerini.com.cy/en/news/shakira-s-€14-5m-showdown-ends-with-a-€7m-encore
Pop star Shakira has gracefully sidestepped a €14.5 million tax trial in Spain, sealing a last-minute deal with authorities just as proceedings were set to commence....
https://knews.kathimerini.com.cy/en/news/openai-s-loss-propels-altman-into-microsoft-s-arms
In a significant move that reverberates across the tech industry, Microsoft CEO Satya Nadella has confirmed the addition of former OpenAI CEO Sam Altman and ex-president Greg Brockman to Microsoft's talent pool....
https://knews.kathimerini.com.cy/en/business/ft-tech-giants-clash-with-eu-over-internet-control
A Financial Times article has reported that major players like TikTok and Meta, the parent company of Facebook, are pushing back against the European Union's (EU) recent internet regulations aimed at fostering greater openness and competition in online markets....
https://knews.kathimerini.com.cy/en/news/larnaca-takes-on-mosquito-menace-as-residents-warned-to-drain-trouble-spots
Municipal authorities in Larnaca are intensifying systematic mosquito spraying efforts as residents are found neglecting areas conducive to mosquito breeding. ...
https://knews.kathimerini.com.cy/en/news/assessing-george-papanastasiou-s-9-month-energy-impact
Last March, when the newly elected President of the Republic, Nikos Christodoulides, announced his Cabinet, one portfolio that drew attention was the Ministry of Energy....
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/news/explosive-report-will-unveil-cyprus-secret-financial-dance-with-russia
The International Consortium of Investigative Journalists (ICIJ) has unveiled an extensive eight-month investigation named "Cyprus Confidential," as disclosed in posts on Social Media X....
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/would-you-let-elon-musk-drill-into-your-brain
Elon Musk’s chip implant company Neuralink is looking for its first volunteer who is willing to have a piece of their skull removed so that a robotic surgeon can insert thin wires and electrodes into their brain....
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/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch
Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....
https://knews.kathimerini.com.cy/en/news/standing-pods-and-robot-flight-attendants-on-2050-airline-cabins
Artificial intelligence can be brutally honest and play up to stereotypical views - as Irish budget airline Ryanair found out recently....
https://knews.kathimerini.com.cy/en/news/uk-accused-of-turning-a-blind-eye-to-israel-palestine-war
Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....
https://knews.kathimerini.com.cy/en/news/cabinet-amends-minimum-guaranteed-income-and-social-benefits-laws
The Council of Ministers in Cyprus has recently approved an amendment to the Minimum Guaranteed Income and Social Benefits Laws, signaling a significant change in the country's approach to residency requirements.
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https://knews.kathimerini.com.cy/en/news/biden-urges-humanitarian-pause-in-israel-hamas-conflict
President Joe Biden said he thought there should be a humanitarian “pause” in the Israel-Hamas war, after his campaign speech Wednesday evening was interrupted by a protester calling for a cease-fire....
https://knews.kathimerini.com.cy/en/news/hagia-sophia-to-charge-tourist-visitors-in-2024
In a move that is raising eyebrows and sparking debate, the Turkish government is set to impose entry fees at the Hagia Sophia mosque in Istanbul, a decision announced by the Turkish Minister of Culture and Tourism, Mehmet Nouri Ersoy....
https://knews.kathimerini.com.cy/en/news/biden-s-cabinet-seeks-$105-billion-aid-for-israel-and-ukraine
Defense Secretary Lloyd Austin and Secretary of State Antony Blinken will make the case Tuesday that the United States should immediately send aid to Israel and Ukraine, testifying at a Senate hearing as the administration’s massive $105 billion emergency aid request for conflicts in those countries and others has already hit roadblocks in the divided Congress.
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https://knews.kathimerini.com.cy/en/news/erdogan-s-evolving-rhetoric-in-a-changing-middle-east-landscape
In the backdrop of events involving Israel, Hamas, Gaza, and the October 7th terrorist attack, significant shifts are occurring in Turkey's stance in the region and President Tayyip Erdogan's rhetoric.
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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/rhapsody-of-the-seas-brings-159-americans-to-cyprus
The cruise ship Rhapsody of the Seas sailed into Limassol port at dawn, carrying 159 foreign nationals from Israel, the majority of them Americans, as part of the ferry route arranged by the US Embassy in cooperation with the Republic of Cyprus. The US-Cyprus cooperation was praised by Ambassador Julie Fisher, who was at the passenger terminal this morning....
