12 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

18 h. ago UK economy shrinks again in May, fuelling fears of stalled recovery

Britain’s economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding worries at home for finance minister Rachel Reeves as the nation navigates growing global turbulence. Gross domestic product shrank by 0.1 per cent after a 0.3 per cent drop in April, the Office for National Statistics said. Economists […]

Politics

20 h. ago Ripple (XRP) predicted to 10x by next year, but this viral coin could skyrocket 40x in 4 months

As the crypto supercycle gains momentum in 2025–26, Ripple (XRP) is poised to surge 10x to $22.41, driven by speculation about ETFs and institutional adoption of the currency. But because it has a high value, it can’t make as much money as quickly as low-cap competitors. Little Pepe ($LILPEPE) is a viral meme coin that […]

Events

20 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

22 h. ago Cyprus building permits fall but value rises to €361.5 million

The Cyprus Statistical Service (Cystat) on Friday announced a reduction of 1.9 per cent in the number of building permits issued during March 2025, when compared to the same month last year. A total of 572 building permits were authorised in March 2025, down from 583 in March 2024. The total value of these permits […]

Politics

24 h. ago Cyprus’ digital habits rank among the EU’s strongest in 2024

Cyprus emerged as one of the EU’s most active countries for online cultural engagement in 2024, with 94 per cent of internet users watching TV or videos online.   This placed the island just behind the Netherlands and Finland, which topped the list at 96 per cent each, according to Eurostat revealed this week.   By contrast, […]

Politics

25 h. ago Mercedes Sprinter: 30 χρόνια στην αγορά και 5.000.000 οχήματα

Διπλό λόγο για να γιορτάζει έχει η Mercedes-Benz Vans, με μεγάλο πρωταγωνιστή το Sprinter το οποίο συμπλήρωσε 30 χρόνια ζωής, και ταυτόχρονα έκοψε το νήμα των 5 εκατομμυρίων παραχθέντων οχημάτων. Το Νο. 5.000.000 Sprinter, στην αμιγώς ηλεκτρική έκδοση e-Sprinter, κατασκευάστηκε στις εγκαταστάσεις της εταιρείας στο Τσάρλεστον στη Νότια Καρολίνα και παραδόθηκε στη FedEx, έναν μακροχρόνιο […]

Politics

27 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

27 h. ago Cyprus Business Now: FDI, Skourides, Invest Cyprus, CSE, financial literacy

Parliament on Thursday began debating legislation to screen foreign direct investments in strategic sectors, aligning Cyprus with EU rules designed to safeguard security and public order. The bill, approved by the Council of Ministers earlier this month, implements Regulation (EU) 2019/452, which establishes a framework for monitoring foreign direct investments (FDIs) into the European Union […]

Economics

28 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

33 h. ago Cyprus trade deficit widens 2.3% in first five months of 2025

Cyprus trade deficit widens 2.3% in first five months of 2025  eKathimerini.com

Politics

39 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

40 h. ago Mutuum Finance (MUTM) set to be 2025’s top Crypto performer, how does it compare to Dogecoin (DOGE) forecasts?

Mutuum Finance (MUTM) is rapidly gaining traction as a standout altcoin in the crypto market, with its presale now in Phase 5 at $0.03 per token. Having raised 12,000,000 and sold over 580 million tokens to 13,000 holders, the project showcases robust investor interest. Its dual lending model, CertiK-verified security, and upcoming stablecoin position it […]

Politics

43 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

47 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

49 h. ago Muted west, jailed opposition: Erdogan’s crackdown sparks fears for Turkish democracy

Tayyip Erdogan’s main political opponents have faced an unprecedented crackdown that has seen more than 500 detained in just nine months, according to a Reuters review of a sprawling investigation that has accelerated dramatically in recent days. Turkey’s president says the probe tackles what he calls a corrupt network that is like “an octopus whose […]

Events

49 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

51 h. ago Cyprus Business Now: ICT, sanctions, digital euro, disability care debate, RIF

The Cyprus association of care home owners on Tuesday expressed “strong dissatisfaction” over the way House labour committee discussed living conditions in private and state care homes for people with dissabilities. The association, a member of the Cyprus Chamber of Commerce and Industry (Keve), stressed that its exclusion from the discussion was unacceptable, “especially given its […]

Politics

66 h. ago Bitcoin (BTC) ETF inflows signal $145K potential, but this sub

Bitcoin (BTC) has surged past $110,000, driven by strong institutional demand through spot Bitcoin ETFs, which recorded $3 billion in inflows over 13 consecutive days. BlackRock’s iShares Bitcoin Trust (IBIT) led with over $52 billion in assets, managing $75 billion, while Fidelity’s FBTC and Ark Invest’s ARKB also saw significant inflows. Technical indicators, including bullish […]

Politics

67 h. ago Greece suspends asylum applications for migrants from North Africa

Greece will stop processing asylum applications from people coming from North Africa for three months after a rise in arrivals on the island of Crete, Prime Minister Kyriakos Mitsotakis said on Wednesday. Sea arrivals from northeastern Libya of migrants trying to cross to Europe through Greece’s southern islands of Crete and Gavdos have surged to […]

Events