5 h. ago Cyprus Business Now: Paphos tourism, Finance Minister, building permits, PwC

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said that Paphos has significant potential to boost visitor numbers. In addition, he also said that the district can attract higher-income tourists who are likely to spend more during their stay, supporting the district’s wider tourism economy. Speaking to the Cyprus News Agency (CNA), Michaelides […]

Politics

15 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 As Bitcoin (BTC) eyes $145K, Mutuum Finance (MUTM) presale phase 5 nears completion, just 32% of tokens remain at $0.03

Bitcoin (BTC) traded at $108,054, up 2.2% last week, with a $2.07T market cap, eyeing a $145K target. Driven by $769.5M in weekly ETF inflows and a golden cross on the daily chart, analysts predict a 1.3x rally, supported by Texas’s $1B BTC reserve and 730K active addresses. A Fear & Greed Index at 66 […]

Economics

20 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

20 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

23 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

30 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

31 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

46 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

46 h. ago Shiva Ramnarine’s Mobius platform removes human bias from financial approval processes

Organizations worldwide lose significant portions of their non-labor spending annually due to biased procurement decisions and vendor manipulation. Financial executive Shiva Ramnarine has developed a digital platform through Mobius Consulting that addresses this costly problem. His innovation? A complete restructuring of how organizations approve spending decisions, targeting the psychological blind spots that cost millions. “Instead […]

Politics

50 h. ago Cyta subsidiary signs new collective agreements with trade unions

Cytacom Solutions Ltd, a subsidiary of Cyta, on Thursday announced that it recently signed the renewal of its collective labour agreements for the 2025–2027 period. These agreements, the company said, cover both its monthly and hourly-paid staff. Moreover, according to a statement issued by Cyta, the agreements “confirm the strong cooperation and mutual trust between […]

Politics

51 h. ago Cyprus taps U.S. and EU defense funds to strengthen military

Cyprus taps U.S. and EU defense funds to strengthen military  Kathimerini.com.cy

Events

52 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

54 h. ago Holiday apartments in Protaras with panoramic sea views, just five minutes from the beach

Luxury apartments with sea views and an impressive pool, only five minutes from the most beautiful beaches in Protaras. Have you been dreaming of waking up to panoramic sea views and spending your days on some of Cyprus’s finest Blue Flag beaches? Owning a holiday home in Protaras – a destination that continues to grow […]

Society

54 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

64 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

68 h. ago Cyprus curtails as much renewable electricity in first half of 2025 as whole last year

Cyprus curtails as much renewable electricity in first half of 2025 as whole last year  Balkan Green Energy News

Politics

69 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