UK’s Truss: ‘Sorry’ for the mistakes, but ‘I’m sticking around’
Britain’s Prime Minister Liz Truss apologised for “mistakes” in her programme that caused investor confidence to evaporate and her poll ratings to plunge before nearly all of it was ...
Yellow weather alert until Tuesday late morning
A yellow warning for thunderstorms is still in effect since Monday evening until 11am Tuesday.
According to the meteorological service isolated thunderstorms are expected mainly in the west and the ...
Russian ‘suicide drones’ strike terror in Ukraine, U.S. warns on war crimes
Russia attacked Ukraine with drones late on Monday, Ukrainian President Volodymyr Zelenskiy said, after a day of strikes on cities in which at least four people were killed and a ...
Cyprus Business Now
Cyprus’ Gross Domestic Product (GDP) was revised to €24.01 billion at current prices for 2021 and to €21.89 billion for 2020, according to a report released on Monday by the Cyprus Statistical Service (Cystat).
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British markets rally after huge U-turn on govt economic plans
Britain’s government bonds, currency and shares rallied on Monday as new finance minister Jeremy Hunt reversed swathes of Prime Minister Liz Truss’s economic growth plan, the latest twist ...
UK market fuels uptick in Cyprus tourist arrivals in September
Tourist arrivals in September 2022 increased by 21.9 per cent compared to last year’s corresponding period, with the majority of tourists being from the United Kingdom, according to a report released ...
Mexico’s non-bank lenders may now need bank licenses to survive
Mexico’s biggest non-bank lenders may need to become licensed banks, analysts said, as they maneuver through growing market turmoil to avoid the fate of three big peers who defaulted ...
Coordination necessary to help the elderly, say lawmakers
The difficulties faced by the elderly, and the need to make it easier for them to access the services they need to live an independent life were discussed by lawmakers ...
Our View: We’ve not heard the last of our Russian arms to Ukraine
In two of the television debates of presidential candidates, Disy candidate, Averof Neophytou said the US lifted the arms embargo on Cyprus only after the candidate of the so-called centre ...
Moscow, Kyiv swap 218 prisoners, including 108 Ukrainian women
Moscow and Kyiv on Monday carried out one of the biggest prisoner swaps of the war so far, exchanging a total of 218 detainees, including 108 Ukrainian women, officials from both sides ...
Kasoulides hopes Turkey will take a leaf out of Israel and Lebanon’s book over EEZ demarcation with Cyprus
Foreign Minister Ioannis Kasoulides expressed the hope that Turkey will proceed with the demarcation of its Exclusive Economic Zone (EEZ) with Cyprus, in a similar way in which the maritime ...
State to continue supporting Hope for Children
The government will continue to support the work carried out by Hope For Children CRC Policy Centre in 2023 by earmarking some €1.2million as it did in its 2021 Budget, President Nicos ...
US says Iran supplying drones to Russia violates UN resolution
The United States agrees with British and French assessments that Iran supplying drones to Russia would violate a U.N. Security Council resolution that endorsed the 2015 nuclear deal between Iran ...
Russia fighter hits apartments in city near Ukraine, 13 dead (Update 2)
A Russian fighter plane crashed into a residential building in the southern city of Yeysk shortly after take-off on Monday, engulfing apartments in a fireball and killing at least 13 people, ...
Presidential frontrunners discuss prospects of new digital democracy for Cyprus
Linking the education system to the island’s labour needs and connecting local talent to well-paid tech jobs at Cyprus-based companies in an effort to curb the ongoing brain drain ...
Missing person report
Police are appealing for information on the whereabouts of Shaun Leslie Kennyford, 54 years old from Great Britain, who has been missing from his home in Anarita, Paphos since 4.00pm this ...
Dhekelia-Ormidia coastal road closed due to severe flooding
Motorists in the Dhekelia area are advised to use the motorway after the coastal road from Dhekelia to Ormidia, via the EAC power station was closed due to severe flooding ...
UN backs African Union’s call for Ethiopia ceasefire
The United Nations on Monday backed an immediate end to hostilities in Ethiopia’s Tigray region and a return to peace talks, calling for all sides to protect civilians and ...
Risk of poverty or social exclusion down in 2021
The number of people in Cyprus at risk of falling below the poverty line fell by 2,000 to 154,000 in 2021 compared to 156,000 in 2020, according to the Cyprus Statistical Service (Cystat) on Monday.
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€7 million for presidential election expenses
The interior ministry has budgeted about €7 million for expenses associated with the holding of the upcoming presidential elections.
The amount covers both the first round of elections and the (possible) ...
U.S. puts sanctions on al Shabaab financial facilitator network
The U.S. Treasury Department on Monday imposed sanctions on six men it said were part of a network that has engaged in weapons procurement, financial facilitation and recruitment for ...
UK shares end higher for third straight day after Hunt’s policy U-turn
London shares rose on Monday as new finance minister Jeremy Hunt reversed Prime Minister Liz Truss’s economic plan announced three weeks ago that slammed UK markets and dented investor ...
Secret Cinema Halloween Night coming to Nicosia
‘Tis the spookiest month of them all, and Halloween is lurking just around the corner. Though it is a fairly recent trend to celebrate Halloween on the island, more and ...
Russia launches deadly new attacks on central Kyiv using drones (wrapup)
Russia attacked Ukrainian cities with drones on Monday, killing at least four people in an apartment building in downtown Kyiv during morning rush hour, and targeted infrastructure across the country ...