14 h. ago EU awaits Trump letter as markets digest latest tariff salvo

The European Union braced on Friday for a possible letter from U.S. President Donald Trump outlining planned duties on the United States’ largest trade and investment partner after a broadening of his tariff war in recent days. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months […]

Politics

19 h. ago Oil prices rebound after Trump hints at new Russia sanctions

Oil prices rose by around 1 per cent on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while US tariffs and possible further sanctions on Russia were also in focus. Brent crude futures were up 76 cents, or 1.11 per cent, at $69.40 a […]

Politics

19 h. ago State Department starts firing more than 1,350 workers in Trump’s shake

The State Department will start firing more than 1,350 US-based employees on Friday as the administration of President Donald Trump presses ahead with an unprecedented overhaul of its diplomatic corps, a move critics say will undermine US ability to defend and promote US interests abroad. The layoffs will cover 1,107 civil service and 246 foreign […]

Politics

20 h. ago Ioannou hails changes to laws surrounding use of Turkish Cypriot property

Interior Minister Constantinos Ioannou on Friday hailed the changes to the laws surrounding the use of Turkish Cypriot-owned property in the Republic, which were passed by parliament on Thursday night. He described the new last as a “decisive step in the effort for the rational management of Turkish Cypriot properties”, pointing out that Turkish Cypriot-owned […]

Society

21 h. ago Greece passes North Africa asylum ban amid rights groups’ opposition

Greek lawmakers voted on Friday to temporarily stop processing asylum requests from migrants arriving from North Africa by sea in a bid to reduce arrivals into Europe’s southernmost tip, a move rights groups and opposition parties have called illegal. The ban comes amid a surge in migrants reaching the island of Crete and after talks […]

Events

22 h. ago EU waits on Trump letter as markets digest latest tariff salvo

The European Union braced on Friday to receive a letter from US President Donald Trump, outlining planned duties on his largest trade and investment partner after a broadening of his tariff war in recent days. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult […]

Politics

26 h. ago Pakistan says armed men kidnap, kill nine bus passengers in restive province

Authorities retrieved from Pakistan’s mountains the bullet-ridden bodies of nine passengers kidnapped by armed men in a spate of bus attacks in the troubled southwestern province of Balochistan, officials said on Friday. There was no immediate claim of responsibility, but Baloch separatists, agitating for a greater share of resources, have figured in similar past killings […]

Events

28 h. ago Trump escalates trade war with Canada, EU and allies on edge

President Donald Trumpramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners. In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the […]

Politics

30 h. ago Wall Street braces for Q2 earnings hit from Trump’s trade war

US companies are getting ready to open their books on the second quarter, with investors looking for signs of an impact from President Donald Trump’s trade war launched on April 2. While earnings growth is expected to decelerate from the first three months of the year, a sharp decline in the dollar could help to […]

Events

34 h. ago C.Savva Cyprus LTD Enhances Advisory Services for International Crypto Investors Seeking Tax Efficiency in Cyprus

C.Savva Cyprus LTD Enhances Advisory Services for International Crypto Investors Seeking Tax Efficiency in Cyprus  USA Today

Economics

39 h. ago Parents of nursery school children to be fined €200 for absences

Parents and children’s guardians are now liable to monetary fines if the children are absent from nursery school without notification, under a law passed by parliament on Thursday. If a child does not attend nursery school without the school having been notified of the absence, staff must by law contact the parents or guardians for […]

Society

40 h. ago International Sea Tourism Festival comes to Cyprus for the first time

There is plenty happening by the sea these months and events will continue to arrive even after the extended tourism season passes. In October, a new wave of happenings will reach the island and for the first time ever the International Sea Tourism Festival will shine at Ayia Napa Marina. Traditionally held in Greece, the […]

Society

44 h. ago US’s Rubio makes first Asia visit amid unease over Trump tariffs

US Secretary of State Marco Rubio met counterparts in Southeast Asia on Thursday during his first visit to Asia since taking office, reassuring them it is a priority for Washington despite President Donald Trump‘s tariff offensive. Washington’s top diplomat joined foreign ministers of the ten-member Association of Southeast Asian Nations in Kuala Lumpur at a […]

Politics

51 h. ago Turkey hikes tax on lira deposits to lift revenue, curb dollar use

Turkey has raised the withholding tax on short-term Turkish lira deposits and investment funds by 2.5 percentage points, a move economists said was aimed at boosting budget revenues and curbing dollarisation. For deposit accounts with a maturity of up to six months, the rate was increased to 17.5 per cent from 15 per cent, a […]

Politics

53 h. ago Trump unleashes 50% tariffs on copper, Brazil in explosive trade salvo

U.S. President Donald Trump launched his global tariff assault into overdrive on Wednesday, announcing a new 50% tariff on U.S. copper imports and a 50% duty on goods from Brazil, both to start on August 1. “I am announcing a 50% TARIFF on Copper, effective August 1, 2025, after receiving a robust NATIONAL SECURITY ASSESSMENT,” […]

Politics

62 h. ago Trump issues new tariff notices as EU pushes for US trade deal

U.S. President Donald Trump issued final tariff notices to seven minor trading partners on Wednesday as his administration inched closer to a deal with its biggest trading partner, the European Union. Trump said in posts on his Truth Social media platform that starting August 1 he would impose a 20% tariff on goods from the […]

Politics

66 h. ago Bus driver suspended after allegedly spraying teen with pepper spray

The bus driver involved in a circulating video capturing a dispute between him and some teenage passengers has been suspended, transport company Emel said on Wednesday. A video of the incident had gone viral on Tuesday, showing the driver allegedly spraying one of the teens with what appeared to be pepper spray in an argument […]

Politics

68 h. ago Netanyahu and Trump prioritise hostages as Gaza military campaign grinds on

Prime Minister Benjamin Netanyahu said on Wednesday his meeting with U.S. President Donald Trump focused on freeing hostages held in Gaza, as Israel continued to pound the Palestinian territory amid efforts to reach a ceasefire. Netanyahu said on X that the leaders also discussed the consequences and possibilities of “the great victory we achieved over […]

Politics

3 d. ago Russia attacks Ukraine with 700 drones after Trump vows to send more weapons

Russia targeted Ukraine with a record 728 drones overnight, shortly after U.S. President Donald Trump pledged to send more defensive weapons to Kyiv and aimed unusually direct criticism at Russian President Vladimir Putin. Ukrainian air defence units destroyed almost all the drones, including through electronic jamming systems, Ukraine’s air force said on the Telegram messaging […]

Events

3 d. ago Trump escalates trade war with 50% tariff on copper, eyes levies on drugs and chips

President Donald Trump said he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals, broadening his trade war that has rattled markets worldwide. One day after he pressured 14 trading partners, including powerhouse US suppliers like South Korea and Japan, with fresh tariff letters, Trump reiterated his […]

Events