https://knews.kathimerini.com.cy/en/business/ethics-group-says-chat-gpt-4-a-risk-to-privacy-and-public-safety
The tech ethics group Center for Artificial Intelligence and Digital Policy is asking the U.S. Federal Trade Commission to stop OpenAI from issuing new commercial releases of GPT-4, ...
https://knews.kathimerini.com.cy/en/business/herodotou-european-banking-system-in-good-health
Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....
https://knews.kathimerini.com.cy/en/news/more-cypriots-concerned-over-country-s-course-says-eurobarometer
The latest Eurobarometer survey covering the winter period of 2022-2023 has revealed that Cypriots are not satisfied with their country's democratic system, with 52% expressing dissatisfaction as opposed to the EU average of 41%....
https://knews.kathimerini.com.cy/en/business/generative-ai-could-automate-300mn-jobs
According to a report in the Financial Times, Goldman Sachs has found that "generative" AI systems such as ChatGPT could lead to the automation of a quarter of the work done in the US and eurozone....
https://knews.kathimerini.com.cy/en/news/halloumi-s-twin-hellim-gets-pdo-in-the-north
A dairy in the north is the first Turkish Cypriot business found to be compliant with PDO requirements for halloumi, the cheese that grills, meaning ‘hellim’ can now compete with its Greek Cypriot twin in the EU market...
https://knews.kathimerini.com.cy/en/business/join-the-u-s-pavilion-at-defea-2023-explore-the-latest-defense-systems-from-top-american-companies
The Commercial Section of the American Embassy in Nicosia is organizing a delegation to visit the U.S. pavilion at the Defense Exhibition (DEFEA) at the Metropolitan Expo Center in Athens, Greece, on May 9 to 11, 2023....
https://knews.kathimerini.com.cy/en/news/americans-traveling-to-europe-for-cheaper-beyonce-tickets
American fans are booking trips to Europe to go see Beyonce, as the price of tickets to attend her performance is exponentially higher in the United States....
https://knews.kathimerini.com.cy/en/news/many-cypriots-climate-aware-and-ready-to-fight
According to the European Investment Bank's (EIB) annual Climate Survey, 83% of Cypriots under 30 consider the environmental impact of their future job to be a significant factor in their career choice, while 25% consider it a top priority....
https://knews.kathimerini.com.cy/en/news/us-report-on-cyprus-notes-rise-of-antisemitism
A US report on Cyprus highlights significant human rights issues including reports of abuse and harsh conditions in detention centers for asylum seekers...
https://knews.kathimerini.com.cy/en/news/employers-and-labor-unions-can-t-agree-on-cola-issue
Employers and unions continue to take opposing positions on the issue of Cost of Living Allowance. (COLA). One of the most pressing issues for the Labour Minister, who has already held the first separate meetings with the four unions PASYDY, PEO, SEK, and DEOK.
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https://knews.kathimerini.com.cy/en/news/sense-of-calm-prevails-in-the-aegean
The improvement of relations between Greece and Turkey and the sharp decrease in tensions is not only at the diplomatic level but also, and almost in tandem, with the operational situation on the ground...
https://knews.kathimerini.com.cy/en/news/cyprus-chips-in-as-eu-seeks-quick-ammo-for-ukraine
The Republic of Cyprus has joined other EU member states as the European Defence Agency sought ways to procure ammunition for Ukraine, but ammo from Nicosia to Kiev is not expected any time soon...
https://knews.kathimerini.com.cy/en/news/herodotus-to-banks-on-restructuring-interest-rates-and-transparency-in-charges
The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....
https://knews.kathimerini.com.cy/en/business/bbc-staff-urged-to-delete-tiktok-app
The BBC said Monday that it had told staff to delete the Chinese-owned video app TikTok unless it was needed for business reasons, with Western institutions increasingly taking a harder stance over data collection fears....
https://knews.kathimerini.com.cy/en/news/the-countdown-to-the-green-line-guards-has-begun
The swearing-in of the first 221 special constables who will be in charge of guarding the Green Line is a step forward in the implementation of plans to increase measures to stop illegal flows from the occupied part of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/mobile-traffic-cams-set-to-be-fully-operational-on-wednesday
Cyprus’ data protection Commissioner has approved the use of mobile traffic cams on vehicles after Brink’s and Conduent identified the need for closed circuit traffic surveillance...
https://knews.kathimerini.com.cy/en/news/saturday-s-blackout-caused-by-increase-in-renewable-energy-usage
Sotos Savva, president of the Association of Scientific Power Generation AHK (SEPAIK), linked problems caused by the increased use of renewable energy sources, particularly the majority of photovoltaic panels, to Saturday's 15-minute power outage across Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-system-ready-to-absorb-shocks
Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...
https://knews.kathimerini.com.cy/en/news/cyprus-scraps-online-migration-appointments-after-scandal
Immigration authorities in the Republic of Cyprus scrapped an online appointment platform on Monday after allegations were made public about agents selling available slots to foreigners for profit and causing months of waiting for those who did not shell out the cash...
https://knews.kathimerini.com.cy/en/news/uk-to-require-travel-authorization-from-nov-2023-exempting-eu-citizens
The United Kingdom authorities have announced that the country will introduce a travel authorization requirement – the Electronic Travel Authorisation (ETA) – in November 2023, but this will not apply to EU nationals until next year....
https://knews.kathimerini.com.cy/en/news/icc-issues-arrest-warrant-for-putin
The International Criminal Court has issued an arrest warrant for Russian President Vladimir Putin over war crimes charges relating to his alleged involvement in the abduction of children from Ukraine....
https://knews.kathimerini.com.cy/en/news/macron-under-pressure-as-pension-protests-turn-violent
French President Emmanuel Macron on Friday faced the gravest challenge to his authority since the so-called Yellow Vest protests after his decision to push through a contested pension overhaul without a vote prompted violent unrest overnight....
https://knews.kathimerini.com.cy/en/news/greece-accuses-woman-of-being-russian-spy
Greece’s National Intelligence Service is accusing a shop owner in Athens of being a Kremlin asset, as security services throughout Europe have been cracking down on alleged Russian spies dubbed the 'illegals'...
https://knews.kathimerini.com.cy/en/news/cyprus-under-storm-watch-ahead-of-eventful-weekend
A weather alert has been issued for Cyprus on Friday, as heavy thunderstones coupled with strong winds are expected throughout the island in the daytime...
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-again-by-5-percentage-points
At noon on Thursday, the European Central Bank (ECB) confirmed that it would stick to its tactics to tackle inflation by announcing a 50 basis point hike....
https://knews.kathimerini.com.cy/en/news/tax-department-€70-million-in-taxes-refunded-€200-million-to-be-collected
An intensive effort by the Tax Department in recent months has resulted in a refund of over €70 million in excess taxes, with an additional €200 million expected to be collected, according to Tax Inspector Sotiris Markides. He emphasized that the Department aims to clear all outstanding Company and Individual Returns by the end of 2023....
https://knews.kathimerini.com.cy/en/business/mep-s-pass-bill-banning-home-sales-or-rentals-without-energy-upgrade
All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....
https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank
Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....
https://knews.kathimerini.com.cy/en/news/it-s-been-10-years-since-the-haircut
In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...
