European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fearing a recession and others focusing on lingering inflation pressures, sources close to the debate said. The ECB cut interest rates in June and is almost certain to ease […]
Experience an unforgettable night of classical music as the world-renowned violinist Yury Revich graces the stage with his Guarneri violin (est. 1747), accompanied by a distinguished chamber string orchestra from Austria. This magical event will take place on the night of September 28, 2024, at the ancient Curium Amphitheatre in Cyprus, beautifully illuminated by stars […]
Hamas’ armed wing said that since June the group has been operating under new instructions on how to handle hostages should Israeli forces approach their locations in Gaza. The announcement comes days after the Israeli military recovered the bodies of six hostages from a tunnel in the southern Gaza city of Rafah, saying they had […]
Top seeds Jannik Sinner and Iga Swiatek continued to blaze a trail through the U.S. Open draws on Monday, easing into the quarter-finals of a tournament marked by almost daily upsets with a minimum of fuss. Sinner disappointed a partisan crowd with a 7-6(3) 7-6(5) 6-1 win over Tommy Paul in an entertaining fourth-round tie […]
Cypriot startup Placy has secured €1 million in pre-seed funding, according to an announcement released on Tuesday. The company provides an AI-powered virtual companion that aims to reshape how real estate is bought and sold. Placy was created to take on a number of routine tasks, including valuations, research, scheduling viewings, and drafting agreements, among […]
A nationalist Turkish youth group physically assaulted two U.S. soldiers in western Turkey, the U.S. Embassy in Turkey and the local governor’s office said, adding that 15 assailants had been detained over the incident. The Turkish Youth Group, is an anti-American, anti-Atlanticist, and Eurasianist youth organization closely associated with the Patriotic Party. Founded on 19 […]
Saudi Arabian Transport Minister, Saleh Bin Nasser Al-Jasser, on Monday visited DP World Limassol’s general cargo and cruise terminal, where he discussed avenues for further cooperation in areas of mutual interest. Cyprus Transport Minister Alexis Vafeades, along with Deputy Minister of Shipping Marina Hadjimanolis, provided a tour of the Limassol port and passenger terminal. They […]
An agreement has been reached on how to cover the funding gap for the Great Sea Interconnector (GSI), it emerged on Tuesday, after a marathon session between all stakeholders the previous day. The accepted solution, based on a proposal of Energy Minister George Papanastasiou, involves tapping into the state’s energy penalty fund for emissions, state […]
Tuesday will initially be clear. As the day progresses, increased clouds are expected to bring rains and possibly isolated storms and hail, mainly in the mountains and inland. Temperatures will rise to 34C inland, 31C on the west coast, 33C on the remaining coasts, and 24C in the higher mountains. Winds will be mainly north-to […]
British lenders approved the highest number of mortgages in July since the start of the “mini-budget” crisis in 2022 under former Prime Minister Liz Truss, according to Bank of England data that added to signs of momentum in the housing market. Lenders approved 61,985 mortgages, the most since September 2022 when the announcement of unfunded […]
Turkey’s economy expanded by a less-than-expected 2.5 per cent in the second quarter of the year, data showed this week, cooling in the face of a year-long monetary tightening drive. Second-quarter gross domestic product (GDP) grew 0.1 per cent from the previous quarter on a seasonally and calendar-adjusted basis, Turkish Statistical Institute (TUIK) data showed. […]
The state will roll out digital IDs in the upcoming year, deputy minister for innovation Nikodemos Damianou said on Monday. Meanwhile, it also emerged that the deputy ministry is mulling scrapping the beleaguered e-justice digitisation contract. Decisions on the latter are to be taken by mid-September, the minister said. Meanwhile, as far as the digital […]
Some may have thought that the government had abandoned the ill-conceived plan to impose a maximum price on bottled water at sales outlets where there is no competition. It has not, and the relevant bill, which was submitted to the House last April, is due to be discussed at the House now as the government […]
