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121. December Newsletter of K. Treppides & Co Ltd - 06/12/2024

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....

122. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

123. Cheers and tears as Syrians in Nicosia and Limassol celebrate Assad's fall (video)

The streets of Nicosia and Limassol erupted with joy on Sunday as Syrian expatriates celebrated the collapse of Bashar al-Assad's regime. Waving flags,...

124. Study reveals high-dose IV vitamin C combined with chemotherapy improves survival in advanced pancreatic cancer

125. Potato prices skyrocket sparking long lines in occupied areas

Potatoes have become the talk of the town in Cyprus, but not for the usual reasons. ...

126. Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

127. Housing crisis looms as Limassol property prices skyrocket (video)

Limassol has seen a dramatic surge in property prices over the past five years, with rents and home prices doubling—and in some cases, tripling....

128. Black Friday buzz as shoppers return in full force

According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...

129. Eurobank’s €1.2 billion investment in Cyprus signals confidence

According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....

130. 200 foreign companies and 1,200 new jobs in Cyprus in six months

Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...

131. Government faces labor strikes as key sectors demand action

Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...

132. Doctors’ strike disrupts public hospitals across the island

Public hospitals across Cyprus are grappling with disruptions today as a 48-hour strike by government doctors gets underway. ...

133. November Newsletter of K. Treppides & Co Ltd - 25/11/2024

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. ...

134. Unrelenting winds batter Cyprus, Nicosia hit hardest

Unusually strong winds that swept across Cyprus since Sunday have caused widespread disruption, with Nicosia bearing the brunt of the damage....

135. Wild winds and stormy seas as Cyprus braces for unusual winter surge

A peculiar weather system has swept across Cyprus, bringing unusually strong gusts of cold wind to the island. However, conditions are expected to gradually improve starting tomorrow as the cold air mass begins to recede....

136. Ellen Degeneres joins Americans eyeing life abroad after Trump’s return to power

Former talk show host and comedian Ellen DeGeneres is trading sunny California for the picturesque Cotswolds in England, following Donald Trump’s 2024 presidential election victory....

137. Nadal: ''I'm not tired of playing tennis...it's my body that doesn't want to play anymore.''

Rafael Nadal, one of the greatest tennis players in history, has announced the end of his 20-year career following a 6-4, 6-4 defeat to Botic van de Zandschulp of the Netherlands in the Davis Cup on Tuesday....

138. Botched robbery ends in disaster as suspect loses leg

Paphos Police have arrested two men in connection with a botched burglary that resulted in serious injuries and a complex web of alleged crimes, including conspiracy to commit a felony, housebreaking, and providing false information to authorities....

139. Laiki Bank liquidator raises €90.8 million for depositor compensation

According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....

140. Cyprus eyes new offshore gas licenses as global demand surges

Cyprus is considering a new round of licensing for offshore gas exploration to capitalize on high demand, according to Energy Minister Giorgos Papanastasiou. With estimates suggesting that undiscovered gas reserves could be around 15-16 trillion cubic feet...

141. The Guardian quits X, citing ''toxic'' platform and Musk’s Trump ties

The British newspaper group The Guardian has decided to stop posting on X, formerly known as Twitter, citing concerns over what it describes as a ''toxic media platform.''...

142. Theft on the rise, police urge vigilance

Authorities in Cyprus are warning residents to stay vigilant as reports of theft continue to rise, including a recent case involving €10,000 worth of jewelry stolen from a home in the Kofinos area....

143. Bank of Cyprus reports €401 million profit surge

In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...

144. Why I almost voted for Trump—and why many Americans did

I’ve been a staunch Democrat my whole life, but as I look at the results of the latest election, I can’t say I’m entirely shocked by Trump’s success. ...

145. Antibiotic misuse in Cyprus fuels deadly resistance surge

Cyprus ranks among European Union countries with the highest antibiotic consumption and microbial resistance rates, Health Minister Michalis Damianou said Friday at a news conference kicking off a campaign on antibiotic stewardship and antimicrobial resistance. ...

146. Greek woman swindled out of €600,000 in cryptocurrency scam on Chios

Police on the Greek island of Chios are investigating an elaborate online scam in which a woman was defrauded of 608,955 euros ($648,000) by two foreign nationals posing as investment company representatives....

147. Tesla surges 12% on Trump’s election win, Musk’s $75M bet pays off

Tesla shares surged 12% in early trading Wednesday following Donald Trump’s victory in the U.S. presidential election, as investors anticipated potential advantages for Tesla and its CEO Elon Musk, a major Trump backer....

148. 19 attacks on foreign delivery workers spark crackdown on racist violence

Attacks against foreign food delivery workers in Cyprus have surged recently, with eleven incidents reported in Limassol during October 2024 alone, according to Kathimerini's Christos Bouris....

149. Spain’s King pelted with eggs amid fury over flood response in Valencia

Spain’s King Felipe and Queen Letizia faced an angry backlash during a visit to the flood-ravaged Valencia region on Monday, where crowds hurled eggs and booed as they met with residents....

150. Over 150 dead, many still missing in Spain's deadliest floods in decades

Spain is reeling from its deadliest flood disaster in decades, with at least 158 confirmed dead after devastating rains and flash floods tore through communities. ...