https://knews.kathimerini.com.cy/en/news/new-zealand-s-youngest-prime-minister-resigns
New Zealand Prime Minister Jacinda Ardern announced in an emotional press briefing that she will step down, saying 'it's time'....
https://knews.kathimerini.com.cy/en/business/pwc-survey-seven-out-of-ten-ceos-are-pessimistic-about-2023
According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....
https://knews.kathimerini.com.cy/en/news/social-media-campaigning-is-dominating-this-year-s-electoral-race
If this election differs from previous ones in any way, it is because the lion's share of the advertising pie has shifted to digital media, particularly social media, with Facebook and Instagram dominating in terms of the amount of advertising content given to them....
https://knews.kathimerini.com.cy/en/news/cyprus-digital-tourism-campaign-reaches-over-1-billion-smart-phones
The digital campaigns of Cyprus' Deputy Ministry of Tourism are reaching more than one billion smartphones a year, said Deputy Minister Savvas Perdios, speaking at the conference of the Association of Travel Agents "Digi.travel - The Cyprus International Digital Tourism Conference & Expo 2023."...
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
https://knews.kathimerini.com.cy/en/business/the-plan-to-bring-in-more-german-tourists
In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....
https://knews.kathimerini.com.cy/en/news/former-pope-benedict-xvi-dies
Pope Emeritus Benedict XVI, the shy German theologian who tried to reawaken Christianity in a secularized Europe but will forever be remembered as the first pontiff in 600 years to resign from the job, died Saturday...
https://knews.kathimerini.com.cy/en/business/ey-future-consumer-index-consumers-opt-for-caution-this-holiday-season
EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...
https://knews.kathimerini.com.cy/en/news/zelensky-heads-to-washington
Ukraine's President Volodymyr Zelensky says he is on his way to Washington, where he will meet US President Joe Biden on Wednesday....
https://knews.kathimerini.com.cy/en/news/romania-retaliates-against-austria-s-schengen-veto
Romanians that were looking forward to spending winter holidays in Austria’s many tourist destinations have started calling off their bookings, following Austria’s Schengen Veto, which prevents Romania and Bulgaria to join the Schengen Area....
https://knews.kathimerini.com.cy/en/news/cypriot-parliament-approves-state-budget
The House of Representatives plenary approved the 2023 state budget on Thursday evening, the last to be tabled by the 10-year administration of Nicos Anastasiades...
https://knews.kathimerini.com.cy/en/news/the-2023-budget-in-the-vortex-of-the-elections
The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....
https://knews.kathimerini.com.cy/en/business/black-friday-see-how-the-annual-shopping-event-is-shaping-up-photos
On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....
https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand
The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter.
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https://knews.kathimerini.com.cy/en/news/north-detains-two-teens-on-counterfeit-spending-spree
Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...
https://knews.kathimerini.com.cy/en/news/ecb-banks-in-italy-portugal-greece-cyprus-could-see-highest-rise-in-npls
Banks in Italy, Portugal, Greece and Cyprus could suffer some of the biggest increases in non-performing loans while France, Ireland and Luxembourg could be among the best performers, the European Central Bank said in a fresh study on Tuesday....
https://knews.kathimerini.com.cy/en/business/amazon-announces-immediate-layoffs-of-10-000-workers
Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....
https://knews.kathimerini.com.cy/en/business/slower-economic-growth-expected-towards-end-of-year
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....
https://knews.kathimerini.com.cy/en/news/republicans-move-towards-a-majority-in-the-house
Republicans edged closer on Thursday to securing a majority in the U.S. House of Representatives while control of the Senate hinged on a few tight races, two days after Democrats staved off an anticipated "red wave" of Republican gains in midterm elections....
https://knews.kathimerini.com.cy/en/business/zuckerberg-says-sorry-as-meta-lays-off-1-000-employees
Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....
https://knews.kathimerini.com.cy/en/news/deep-political-divide-in-the-us-as-midterm-elections-loom
In a stark closing argument ahead of the U.S. midterm elections, President Joe Biden on Monday warned that a Republican victory could weaken the country's democratic institutions, while former President Donald Trump hinted he could announce another White House bid as soon as next week....
https://knews.kathimerini.com.cy/en/news/when-a-vacation-is-less-expensive-than-staying-at-home
Can a vacation be less expensive than staying at home? That is exactly what EasyJet told British citizens, and the vacation package it offered for a trip to Egypt sold out in less than 24 hours....
https://knews.kathimerini.com.cy/en/news/boris-johnson-or-rishi-sunak-expected-to-be-uk-s-next-prime-minister
Boris Johnson and his former finance minister Rishi Sunak were leading potential contenders to replace British Prime Minister Liz Truss on Friday, with candidates canvassing support to become Conservative Party leader in a fast-tracked contest....
https://knews.kathimerini.com.cy/en/news/eu-leaders-burn-midnight-oil-on-gas-prices
European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs...
https://knews.kathimerini.com.cy/en/news/liz-truss-resigns
Liz Truss was on Thursday forced to quit as UK prime minister, drawing to a dramatic close 44 days in office which saw her preside over an economic meltdown and catastrophic damage to the ruling Conservative party....
https://knews.kathimerini.com.cy/en/business/petrides-we-will-not-impose-new-fuel-taxes
Finance Minister Constantinos Petrides stated that no new fuel taxes will be imposed, an obligation that should be met by the end of the year....
https://knews.kathimerini.com.cy/en/news/nouris-eu-should-sanction-countries-that-instrumentalize-migration
The EU should have concrete sanctions in place when there is proof that migrants are being instrumentalized, as in the case of Cyprus, Interior Minister Nicos Nouris said....
https://knews.kathimerini.com.cy/en/news/heartland-of-legends-promotes-slow-and-sustainable-tourism
The project “Heartland of Legends” promotes slow tourism and offers authentic experiences to visitors while it also encourages circular economy and sustainability, Deputy Minister of Tourism Savvas Perdios said Thursday, in his presentation during a discussion in the framework of the 9th UNECE Ministerial Conference which takes place in Nicosia....
https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....
https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government
Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...
