3 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

5 h. ago Panayiotou: Green transition must be fair, realistic, and inclusive

As part of a two-day visit, Agriculture and Environment Minister Maria Panayiotou on Friday attended the final meeting of the EU’s environment council in Aalborg, Denmark, where key issues regarding European environmental strategies were discussed. “Cyprus, ahead of its 2026 presidency, is committed to an ambitious and fair green transition,” Panayiotou wrote in a post […]

Politics

8 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

8 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

11 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

13 h. ago Takata airbag report recommends criminal charges against three

The report documenting the findings of the committee formed to investigate the history of faulty airbags in Cyprus and their import into the country recommended that criminal charges be brought against three people. It also recommended that disciplinary charges be brought against five others. Attorney-General George Savvides on Friday took receipt of the report, with […]

Events

18 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

19 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 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

34 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

35 h. ago Conference commits over €10 billion to Ukraine rebuilding, Italy says

Participants in a Rome conference on the economic recovery of Ukraine have pledged over €10 billion ($11.7 billion) to help the war-torn country, Italian Prime Minister Giorgia Meloni said on Thursday. The conference, attended by political leaders including Ukraine’s President Volodymyr Zelenskiy, is taking place against a backdrop of further intense drone and missile attacks […]

Politics

38 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

39 h. ago Cyprus deputy shipping minister visits UK to boost IMO council bid

Deputy Shipping Minister Marina Hadjimanolis,paid a working visit to London this week, aiming to strengthen bilateral ties with the United Kingdom. The trip also sought to promote Cyprus’ bid for re-election to the council of the International Maritime Organisation (IMO) for 2026-2027 in November. According to the announcement, the visit was marked by a bilateral […]

Politics

42 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

42 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

42 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

45 h. ago Our View: All the culprits of the LNG fiasco should be exposed

The Vassiliko gas terminal fiasco is not over by any stretch of the imagination. It is set to play and play as deputies were informed on Tuesday. A representative of the project manager that took over the LNG venture in May disappointed everyone at the House energy committee meeting when he informed them that he […]

Politics

52 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

56 h. ago Electricity group raises alarm over LNG and GSI project delays

The Electricity Market Association (EMA) on Wednesday expressed concern over two critical energy projects that directly affect Cyprus’ energy future. These include the Vasilikos liquefied natural gas (LNG) terminal and the Cyprus-Greece electricity interconnection (GSI). In a statement following a House Energy Committee session on Tuesday, the Electricity Market Association (EMA) issued a call to […]

Events

57 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