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Wednesday, April 24, 2024

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Economy

President announces increase in low pensioners Easter allowance

The President of the Republic, who chaired today's meeting of the Council of Ministers, announced an increase in the...

Thames Water makes new clean-up pledge in bid to raise prices

Britain's Thames Water said on Monday it would spend an extra 1.1 billion pounds ($1.4 billion) on tackling sewage...

World’s workers increasingly at risk as climate changes, ILO says

More than 70% of the global workforce is exposed to risks linked to climate change that cause hundreds of...

Leading economic index sees decline in March

Negative annual growth rate for Cyprus's Leading Economic Index (LEI) was recorded in March, showing an annual decline of...

Cyprus reports significant fiscal surplus in 2023

Cyprus's fiscal surplus in 2023 amounted to €918.7 million or 3.1% of GDP, marking the highest percentage of GDP...

Cocoa farming in Liberia risks undermining EU deforestation law

Farmers are clearing forests in Liberia to create cocoa plantations and are trafficking the beans into neighbouring Ivory Coast,...

New Brexit border checks could stifle fine food imports from EU, warn sellers

Panzer's delicatessen in north west London has lost 37 suppliers from the European Union since Britain left the bloc's...

FACTBOX-What are the new post-Brexit border controls starting on April 30?

On April 30, the second phase of Britain's new post-Brexit border controls for food imports from the European Union...

Housing affordability challenges for young couples

The need for housing leads either to borrowing or renting, but both options are costly affairs. The majority of young...

Significant drop in non-performing loans

The openings of banks to non-performing loans have significantly decreased to below €2 billion, but a large part of...

Sunak proposes tougher rules to combat ‘sick note culture’

British Prime Minister Rishi Sunak said on Friday the government would look to tighten rules for long-term sick leave...

Meta releases early versions of its Llama 3 AI model

Meta Platforms META.O on Thursday released early versions of its latest large language model, Llama 3, and an image...

Crypto fans count down to bitcoin’s ‘halving’

Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed...

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