https://knews.kathimerini.com.cy/en/news/forty-percent-of-global-jobs-face-disruption-because-of-ai
Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/the-climb-to-success-in-the-public-sector-pay-scale
The Ministry of Finance has officially disclosed the main provisions of the agreement reached with trade unions PASYDY and FCC, outlining significant salary advancements for public and broader public sector employees, including those within Local Government Authorities. ...
https://knews.kathimerini.com.cy/en/news/low-paid-government-workers-demand-higher-pay
The ''Equality'' guild staged a rally outside the Presidential Palace on Monday, followed by a protest march to the Ministry of Finance, highlighting concerns over low-paid public sector workers....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/business/mcdonalds-israel-in-the-hot-seat-for-giving-away-100-000-free-meals-to-soldiers
Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on....
https://knews.kathimerini.com.cy/en/news/bar-meeting-turns-into-starvation-wages-circus
The Parliamentary Committee of Lawyers, in conjunction with the new Council of the Cyprus Bar Association, addressed several critical issues during their meeting today....
https://knews.kathimerini.com.cy/en/news/rising-rent-costs-challenge-cyprus-middle-class-budgets
A disconcerting trend is unfolding in Cyprus, where not only are the prices of essential goods on the rise, but rents are also skyrocketing, sparking extensive debates and concerns throughout society according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/parents-to-protect-kids-from-hamas-hostage-videos-on-social-media
Schools in Israel, the UK and the US are advising parents to delete their children’s social media apps over concerns that Hamas militants will broadcast or disseminate disturbing videos of hostages who have been seized in recent days....
https://knews.kathimerini.com.cy/en/news/california-boosts-minimum-wage-for-fast-food-workers-to-$20-per-hour
California is raising the minimum wage for fast food workers, marking a hard-won victory for those workers and union organizers....
https://knews.kathimerini.com.cy/en/news/greek-workers-toiling-longer-earning-less
Greeks work 41 hours a week, more than any other Europeans, but are paid less. Monthly salaries do not exceed 1,038 euros on average, according to the latest figures compiled by the Single Social Security Entity (EFKA), ...
https://knews.kathimerini.com.cy/en/news/the-kiss-that-ended-a-soccer-career
Luis Rubiales, the suspended head of the Spanish soccer federation, resigned on Sunday under mounting pressure, culminating in a three-week controversy surrounding his kiss of a player on the lips during Spain's historic Women's World Cup victory....
https://knews.kathimerini.com.cy/en/news/hotel-employees-get-wage-boost
The Council of Ministers convened earlier today to address key labor-related matters. One significant decision that emerged from the meeting was the approval of a higher minimum wage threshold for the hotel industry,...
https://knews.kathimerini.com.cy/en/news/uk-inflation-dips-to-17-month-low
UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month.
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https://knews.kathimerini.com.cy/en/news/londoners-at-risk-as-average-rents-could-surge-to-£2-700-month-next-year
Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....
https://knews.kathimerini.com.cy/en/news/strongest-work-from-home-rights-for-australians
Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....
https://knews.kathimerini.com.cy/en/news/tokyo-apologizes-for-offensive-flyers-to-new-moms
There’s nothing a new mother likes more than being told how to please her husband – right?...
https://knews.kathimerini.com.cy/en/news/president-s-commitment-to-gender-equality
The President of the Republic, Mr. Nikos Christodoulides, attended tonight the opening ceremony of the 38th World Conference of the Girl Guides and Girl Scouts, organized by the Cyprus Girl Guides Association, which took place at the ancient theater of Kourion....
https://knews.kathimerini.com.cy/en/news/where-cyprus-stands-in-eu-minimum-wage
The minimum wage in Cyprus is slightly lower than 1,000 euro per month since the country became the 22nd out of 27 EU member states to have instituted a national minimum wage on January 1st, 2023, according to data released by Eurostat, the statistical service of the EU, about the situation as it stood on July 1st....
https://knews.kathimerini.com.cy/en/news/european-stocks-rally-on-hope-of-interest-rate-peak
Eurozone inflation fell more than expected to 5.5 percent in June, its lowest rate since the start of last year, but a slight rebound in core consumer price growth tempered any relief for policymakers....
https://knews.kathimerini.com.cy/en/news/conservatives-storm-to-victory-in-repeat-greek-election
Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...
https://knews.kathimerini.com.cy/en/business/hourly-labor-costs-in-cyprus-rise-by-5-in-q1-2023
According to provisional data released by the Statistical Service on Friday, hourly labor costs in Cyprus saw a 5% increase in the first quarter of 2023 compared to the same period the previous year....
https://knews.kathimerini.com.cy/en/news/greek-islands-grapple-with-doctor-shortages-as-tourism-takes-priority
Many Greek islands face severe shortages of doctors and nurses and attempts to solve the issue fall afoul of local economies and, in certain cases, government bureaucracy....
https://knews.kathimerini.com.cy/en/news/380-cyta-employees-on-the-brink-of-departure
In an effort to further reduce operational expenses and renew its workforce, Cyta has implemented another voluntary employee exit plan, targeting individuals who meet specific conditions....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/business/why-are-food-prices-so-high-in-europe
It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....
https://knews.kathimerini.com.cy/en/news/experts-wage-house-battle-for-married-parents
Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...
https://knews.kathimerini.com.cy/en/news/cyprus-wages-charm-offensive-on-turkmenistan
Nicosia’s ambassador to Turkmenistan presented his credentials this week, with the Cypriot diplomat who holds multiple ambassadorships in Central Asia already waging a charm offensive in a capital known for seeking neutrality on the global stage...
https://knews.kathimerini.com.cy/en/news/as-greek-elections-loom-parties-vie-for-votes-of-‘lost-generation
Politicians vying for votes in Greece’s election on Sunday have turned to YouTube and TikTok to win over a younger generation who have long felt that years of crises have cost them their youth...
https://knews.kathimerini.com.cy/en/news/us-mcdonald-s-franchisee-employed-two-10-year-olds-broke-labor-laws
A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....
