Cyprus Mail
Latest crypto news and market updates from Cyprus Mail.
Iran awaits US move after WSJ report says Trump rejects peace planIran on Saturday awaited an official US response to its proposal to reopen the Strait of Hormuz and end fighting in the wider Middle East war after the Wall Street Journal reported that US President Donald Trump had rejected the deal. Iran raised the diplomatic initiative at the United Nations General Assembly in New York, […]Cyprus Mail
Six big takeaways from a turbulent week of UN diplomacyLimousines whisked world leaders away from the United Nations on Friday after a week of speeches, meetings and hallway diplomacy. While they reached no breakthroughs on the world’s most intractable conflicts, talks on the Iran and Ukraine wars inched forward and global powers used the venue to debate AI risks with industry leaders. Here are […]Cyprus Mail
Trump administration to meet Ukraine assistance deadlineThe Trump administration has made legally binding commitments to spend almost all of the $400 million Congress approved for military aid to Ukraine late last year, ensuring that the money will not expire on September 30, according to three sources familiar with the plan. As of early this week, $307 million of the $400 million of the […]Cyprus Mail
Measures agreed to speed up prisoner hospital care, psychiatric casesA series of measures aimed at tackling delays in the treatment of prisoners at public hospitals, improving the handling of psychiatric cases and strengthening the forensic medicine service were agreed at an interministerial meeting on Friday. Justice Minister Costas Fitiris and Health Minister Neophytos Charalambides agreed, among other measures, to introduce special arrangements at accident […]Cyprus Mail
Starbucks to close another 250 coffeehouses in North AmericaStarbucks will close 250 underperforming coffeehouses in North America, the company said in a regulatory filing on Thursday, as CEO Brian Niccol deepens his turnaround push to revive sales. The closures come a year after Starbucks shut down several underperforming stores in the region, including its iconic Seattle roastery, in a restructuring effort that was […]Cyprus Mail
Evan Gershkovich says his arrest in Russia was carefully planned FSB stingIn an extract from his book “This Cursed Beautiful Land”, Gershkovich says that while working on a story for the Wall Street Journal about Russian military production, he held two meetings with the union boss of a factory in Yekaterinburg, a major defence-industry hub. At their second encounter, in a steakhouse, the source produced papers […]Cyprus Mail
Desolate Arctic outpost likely to host US troops under new Greenland dealAt a windswept gravel airstrip in eastern Greenland, a small Danish military detachment has quietly kept watch for decades. Now, under a new US defence agreementsigned this week, the outpost at Mestersvig could soon become a key American military foothold in the Arctic. Mestersvig sits 240 kilometres (149 miles) from the nearest settlement (population 330), […]Cyprus Mail
Zidane feels immense emotion before first match in charge of FranceZinedine Zidane spoke of his “immense emotion” as he prepared to take charge of France for the first time in their Nations League opener away to Turkey on Friday. The 54-year-old, who succeeded Didier Deschamps following his predecessor’s 14-year reign, begins his tenure with an away fixture in Kocaeli, less than two months after his […]Cyprus Mail
Meta’s Charm gadget carries CEO Zuckerberg’s big AI ambitionsMark Zuckerberg took repeated digs at Apple during Meta’s annual event on Wednesday, only to borrow a page from Steve Jobs’ playbook for a surprise reveal: a pocket-watch-sized device that carries Meta’s viral Muse AI agent into the real world. The device, called Muse Charm, highlights a broader shift at the social media giant that […]Cyprus Mail
Draft US rebuke of UK over Israeli settlement sanctions shelvedUS officials in Jerusalem and Washington drafted a statement in early September attributed to Secretary of State Marco Rubio condemning plans by the UK, France and Canada to block imports from Israeli settlements in the occupied West Bank, according to a document reviewed by Reuters. The statement was never released. The draft, dated 8 September, […]Cyprus Mail
Israeli bulldozers smash Palestinian olive trees ahead of annual harvestPalestinian villagers wailed over the mangled remains of their olive trees on Wednesday after Israel’s military uprooted them with bulldozers, days ahead of the annual olive harvest, normally a source of joy for Palestinians in the occupied West Bank. Abd Alfattah Tamimi, who owns an olive grove on village land near Ramallah city, watched as […]Cyprus Mail
Argentina accuses UN of ignoring rising tensions over Falkland IslandsArgentina’s President Javier Milei on Wednesday criticised the United Nations for looking “the other way” amid escalating tensions with Britain over oil exploration around the Falkland Islands, a largely self-governing British overseas territory whose sovereignty Argentina has long disputed. Speaking before world leaders at the UN General Assembly, Milei repeated Argentina’s claim to the islands […]Cyprus Mail
S&P rating boost signals strong international investor confidence for CyprusS&P Global Ratings has upgraded Cyprus’ long-term credit rating to A, while maintaining a positive outlook for the country’s sovereign debt. The upgrade was welcomed by President Nikos Christodoulides, Finance Minister Makis Keravnos and Bank of Cyprus chief executive Panicos Nicolaou, who described it as a sign of confidence in the resilience and prospects of […]Cyprus Mail
Brentford hammer London neighbours Chelsea 3-0Brentford beat their big-spending west London rivals Chelsea 3-0 on Friday with second-half goals by forwards Jaidon Anthony, Igor Thiago and Fabio Carvalho condemning Xabi Alonso’s men to their third straight Premier League game without a win. Anthony pounced in the 61st minute when he nodded in from close range after Jannik Schuster headed a […]Cyprus Mail
With large crowds attending, Norway lays King Harald to restNorway’s King Harald V was laid to rest on Wednesday, in a series of ceremonies marking the culmination of 13 days of national mourning following his death at the age of 89. Harald, a reformer who spent more than three decades on the throne after gradually emerging from the shadow of his popular and charismatic […]Cyprus Mail
EU proposes simpler public tender rules, ‘Buy European’ criteria to cut foreign dependenceThe European Commission has proposed new rules for public tenders that would create an EU-wide platform to improve access and slash paperwork for companies, and give EU governments the option to exclude bids based on EU content criteria. Wednesday’s proposal is the latest in a series of Commission measures to improve the Single Market, security […]Cyprus Mail
ECB set to raise interest rates as energy prices drive inflationThe European Central Bank (ECB) is widely expected to hike interest rates on Thursday, erring on the side of caution as the US-Iran wardrags on, keeping oil prices high and raising inflation again. Brent crude has risen over the last month , while European gas prices have hit their highest since early 2023 . Here […]Cyprus Mail
Our View: German economy must be revived to stop AfDThe election triumph of the German far-right party Alternative fur Deutschland (AfD) in the former communist state of Saxony-Anhalt on Sunday sent shockwaves across Europe. The party took almost 44 per cent of the vote, its best showing in an election so far although just short of an absolute majority. The party will try to […]Cyprus Mail
Gauff, Rybakina sail into US Open quarters, another great escape for ZhengHome favourite Coco Gauff and world number two Elena Rybakina sailed into the U.S. Open quarter-finals on Monday, while China’s Zheng Qinwen mounted another extraordinary fightback to upset six-times Grand Slam champion Iga Swiatek. Top seed Alexander Zverev beat Italian Luciano Darderi 6-2 6-2 7-6(3) at Arthur Ashe Stadium, the German surprised to finish before […]Cyprus Mail
Alcaraz builds steam at US Open, Sabalenka and Noskova book showdownDefending champion Carlos Alcaraz brought the firepower to take his place in the U.S. Open quarter-finals while Aryna Sabalenka and Linda Noskova advanced on Sunday to set up a mouth-watering showdown between two big-hitting Grand Slam winners. There were high expectations from American fans with seven home favourites scheduled to play across both singles draws, […]Cyprus Mail
Minimum wage bill to head to parliament by the end of the yearA bill to establish minimum wages is set to be forwarded to the House by the end of the year, Labour Minister Marinos Mousiouttas said on Sunday. In response to a question by Limassol MP Dimitris Souglis, Mousiouttas said the for harmonization with EU Directive 2022/2041 on adequate minimum wages is “under new legislative review […]Cyprus Mail
Four killed, over a dozen injured as Russia strikes Kyiv region for sixth successive dayFour people were killed and over a dozen injured in Russian air attacks on the Ukrainian capital of Kyiv and the surrounding region on Tuesday, local authorities said, in what was the sixth day in a row of strikes on the area. Explosions were heard in Kyiv, a Reuters witness said. Three people were killed […]Cyprus Mail
‘Everybody has a Dolly Parton song’ – world mourns music legendWhen Dolly Parton tribute artist Brooke McMullen woke up to messages about the death of the country music star, she thought it was a hoax. Dolly could never die. Parton was “one of those people that you just think is going to be around forever,” McMullen said from Brisbane, Australia. “Her loss is huge.” Fans […]Cyprus Mail
Oil prices hit three-week highs as Iran peace hopes fadeOil prices rose for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a ceasefire deal, heightening worries about energy supply. Iran will shift to a “fully offensive” military posture as […]Cyprus Mail
Iran defiant on strait as Trump tells Americans to accept high gas pricesIran called on the U.S. to accept defeat while President Donald Trump blasted Tehran as “very evil” and told Americans to brace for continued high fuel prices as a result of the war. Progress toward peace talks and oil tanker traffic through the strategic Strait of Hormuz waterway remained halted, with no sign the warring […]Cyprus Mail
Iran says Oman deal is in ‘final stages’ but US must act to open HormuzIran said on Sunday that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages but reiterated that the strait would only reopen once the United States met other conditions. A United States official told Reuters on Friday that an agreement between Iran and Oman was close […]Cyprus Mail
Trump hails Gaza deal, while Hamas and Israeli officials see hurdlesPresident Donald Trump said on Friday that a deal he announced to bring peace to Gaza was “a great breakthrough”, despite signs from both Hamas and Israel that significant hurdles remain before it can be implemented. The comments came a day after Trump described the agreement as a “major milestone” towards ending the war in […]Cyprus Mail
Israel must approve Trump agreement before Hamas will implementImplementation of the deal to bring peace to Gaza announced by U.S. President Donald Trump will depend on Israel first meeting its commitments under an agreement reached last year, a senior Hamas official told Reuters on Friday. In a post on his Truth Social platform on Thursday, Trump announced a “major milestone” towards ending the […]Cyprus Mail