Tokyo stocks fall on AI investment concerns
Tokyo shares dropped Thursday as technology stocks slumped amid worries over massive artificial intelligence investment in the United States. The…
Tokyo shares dropped Thursday as technology stocks slumped amid worries over massive artificial intelligence investment in the United States. The…
Seven Nordic and Baltic countries will establish a joint cybersecurity consortium to strengthen defenses across the region, Lithuania’s National Cyber…
Israel has laid the cornerstone for a multibillion‑dollar metro system in the Tel Aviv metropolitan area, billed as the country’s…
A Peruvian Supreme Court judge on Friday ordered the arrest and five-month preventive detention of former Peruvian Prime Minister Betssy Chavez, who is currently under asylum at the Mexican embassy in Peru’s capital Lima. Chavez briefly served as prime minister during the administration of ousted and jailed former President Pedro Castillo. She is being prosecuted […]
Roadworks will be carried out over the coming days in Nicosia, Limassol and Larnaca. On November 25, works will be underway on the Limassol-Nicosia motorway, lasting till December 4, from Monday to Thursday, between 8pm and 5.30am the next day. One lane towards Nicosia will be closed during the works. On November 27 and 28 […]
Russian President Vladimir Putin said on Friday that Moscow had received the US proposals for peace in Ukraine and that the plan could be the basis of a peaceful resolution of the conflict. “I believe that it can be used as the basis for a final peaceful settlement,” Putin told senior officials in televised comments, […]
EU leaders will meet on Saturday in the margins of the G20 meeting in Johannesburg to discuss the situation in Ukraine, EU leaders Ursula von der Leyen and Antonio Costa said on Friday. “We have spoken to President Zelenskiy. We have discussed the current situation and we are clear that there should be nothing about […]
A Larnaca resident complained to the police on Friday that between July 24 and November 10 unknown individuals had managed to scam him out of €50,000. According to the complaint, the scammers presented themselves as stockbrokers working for a company in the US. The police said they convinced the man that they would guide him […]
A vibrant signing ceremony hosted by the Chinese Embassy in Cyprus and the China NGO for International Exchanges (CNIE) on Thursday in Nicosia marked a new milestone in the deepening relationship between China and Cyprus. Titled ‘Silk Road People-to-People Connectivity’, the event combined cultural performances, economic dialogue and formal cooperation agreements aimed at strengthening mutual […]
The European Commission on Friday launched a new infringement case against Cyprus, saying the Republic has yet to incorporate the EU’s energy efficiency directive 2023/1791 into national law. The directive, adopted in 2023, gave member states a two-year deadline to transpose it, which expired on October 11. Letters initiating infringement proceedings were sent to 26 […]
Better public schools and modern units are among the education ministry’s aims for 2026, according to its annual action plan published on Friday, included in the ministry’s proposed budget of €1.6 billion. The education ministry said there were challenges to be addressed and need to be met, such as improving learning, cultivating basic skills and […]
“Join us for an unforgettable tasting experience dedicated to Cyprus’ most iconic spirit — Zivania,” says Brewfellas as the downtown Nicosia bar prepares for an eventful Saturday night. Brewfellas will switch gears from showcasing craft beers to showcasing a traditional Cypriot drink in all its glory. The Zivania Feast will kick off at 3pm and […]
Tax Commissioner Soteris Markides expressed concern on Friday about the phenomenon of acquisitions of businesses in Cyprus by foreign companies and funds. He told MPs at the House finance committee – discussing the tax reform bill – that Cyprus should be worried about the fact that hotels, universities and hospitals were being bought by foreign […]
Arguments in the second trial-within-a-trial in the case of the German real estate agent facing charges of usurping Greek Cypriot property in the north will be heard on December 3 at 9am, the court said on Friday. The second trial-within-a-trial has to do with the statement she gave on July 11, 2024, to the police […]
Although hate crime and hate speech remain relatively rare in Cyprus, the general climate of tolerance and respect has deteriorated in recent years, the Council of Europe said on Friday. It noted “reports of racially motivated verbal abuse and physical attacks by right-wing extremists and neo-Nazi groups against refugees and other migrants from outside Europe, […]
Six weeks into its implementation, WeeDrive is growing more popular among Limassol parents, who see their teens getting to activities on time without the stress associated with commuting. Limassol’s WeeDrive, the first application of its kind in Cyprus offering safe and smart commuting exclusively for children aged 12 to 18, gives them the opportunity to […]
A 72-year-old man was sentenced on Friday by the Limassol criminal court of to 12 years in prison for his involvement in two cocaine trafficking cases dating back to May 2022. The suspect was arrested in Germany in August 2024 under a European arrest warrant and extradited to Cyprus in December. Testimony given during investigations […]
Tourism must deliver tangible benefits across local communities, Deputy Minister of Tourism Kostas Koumis said on Friday. He added that the government is “continuing this year to support the promotion of Cypriot traditional products“. The minister’s comments were delivered during an address at the 3rd CyFood B2B Forum, held in Larnaca by the local chamber […]
Families with multiple children voiced strong objections before the House finance committee on Friday over the government’s proposed tax reform. The Pancyprian organisation of large families argued that in linking tax relief to income thresholds, the government has undermined efforts to address Cyprus’s acute demographic challenges. Its president, Dinos Olympios, reiterated the organisation’s position that […]
The crypto world is expanding with attention on meme and highly speculative tokens. Traders chase quick gains, but volatility often erodes confidence. Utility-driven tokens are outperforming these speculative projects. They provide real features, clear use cases, and growing market demand. Mutuum Finance (MUTM) is a defi crypto that will combine strong utility, lending power, and […]
President Nikos Christodoulides and Greek President Konstantinos Tasoulas on Friday awarded two honorary medals to soldiers of the Hellenic Force in Cyprus (Eldyk) who fought during the Turkish invasion in 1974. “Eldyk is an integral part of the history of the Republic of Cyprus. It was established under the Treaty of Establishment, and its 65-year […]
Cyprus’ geopolitical location and its good relations with neighbouring countries make it a “stable pole” in the region, well positioned to facilitate discussions on EU maritime protection strategies during its upcoming Presidency, European Fisheries Commissioner Costas Kadis said on Friday. “Cyprus’ upcoming EU Council presidency is very important, and for this reason many activities and […]
The move, whose timing is not yet known, comes after a surprise call for such a visit from President Tayyip Erdogan’s ultra-nationalist ally Devlet Bahceli. For his part, Erdogan has indicated he may be open to having Ocalan address lawmakers. In a major breakthrough last May, the PKK – designated a terrorist organisation by the […]
By Michele Kambas A court in Cyprus on Friday sentenced an Azeri man to 6-1/2 years in jail on charges of conspiracy, his lawyer said, after prosecutors earlier dropped charges he planned terrorist attacks against Israelis living on the island. Cyprus’s Criminal Court imposed the sentence on Orkan Asadov, an Azeri, who has been in […]