Breaking news

Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

Cyprus Economic Activity Declines For Second Consecutive Month

Cyprus Economy Shows Signs Of A Slowdown

Latest data from the Economics Research Centre of the University of Cyprus showed an annual decline of 1.72% in April 2026, marking a second consecutive month of weakening economic momentum in Cyprus. The decline reflected growing pressure from geopolitical tensions, weaker external economic conditions and slowing tourism activity.

Economic Slowdown And Regional Tensions

April figures followed a marginal decline in March, which came after an annual growth of 0.82% recorded in February. According to the report, the latest deterioration in the composite index highlighted the impact of geopolitical developments and external economic pressures on Cyprus’s broader growth outlook.

External Pressures And Rising Energy Prices

Researchers also pointed to worsening economic conditions in both the euro area and Cyprus during the reporting period. Higher Brent crude oil prices in April added further pressure on economic activity, reinforcing concerns over rising energy-related costs across the region.

Tourism Headwinds And Sectoral Impacts

The tourism sector was among the areas most affected during the period, particularly following flight cancellations and concerns over possible fuel shortages. Those disruptions contributed to lower tourist arrivals and added pressure to broader economic activity across Cyprus.

Balanced Indicators And Future Considerations

Despite the overall slowdown, several indicators continued to show resilience. Temperature-adjusted electricity production, real estate transactions, credit card spending and retail sales all recorded positive contributions within the index during April. The report noted that those indicators partially offset weaker performance in other sectors of the economy.

Early Warning And Strategic Insights

The Cyprus Composite Leading Economic Index (CCLEI) continues to serve as an early indicator of shifts in economic activity by tracking variables including energy prices, economic sentiment and sector-level performance metrics. The index is used to monitor potential turning points in the business cycle and assess broader economic trends affecting Cyprus.

Innovative Breakthrough: Converting CO2 Into Synthetic Fuel

Revolutionizing Fuel Production From Pollutants

Scientists at the Korea Institute of Chemical Technology have developed a technology that converts carbon dioxide directly into synthetic liquid fuels, offering a new approach to fuel production and carbon emissions management. The process is designed to transform industrial CO2 emissions into hydrocarbon fuels, including gasoline and kerosene.

Simplifying A Complex Process

Conventional methods for converting CO2 into fuel typically require multiple stages and extremely high temperatures, often exceeding 800°C, to first convert carbon dioxide into carbon monoxide. The new catalyst system allows the reaction to take place inside a single reactor at temperatures between 270°C and 330°C under lower pressure conditions. According to the researchers, the simplified process could reduce production costs and improve the feasibility of industrial-scale deployment.

Meeting Industry Needs Amid A Rapid Transformation

The technology is being developed as industries continue searching for lower-emission fuel production methods amid energy market pressures and tighter environmental targets. Researchers said the process could allow industrial carbon emissions to be reused in the production of synthetic fuels rather than being released directly into the atmosphere.

Scaling Up And Future Implications

The current pilot system produces approximately 50 kilograms of fuel per day, equivalent to roughly three 20-liter drums. Researchers noted that comparable systems produced around 5 kilograms per day only two years ago and at significantly higher costs. The process currently operates with reported efficiencies of approximately 50%, while gas recycling systems are also being used to improve energy recovery.

The development team said the progress increases the potential for larger-scale production in the future.

Transforming Carbon Emission Landscapes

Industry leaders and major energy companies, including OGS Engineering & Construction and Hanwha TotalEnergies, are already exploring industrial applications of this technology. Their goal is to develop installations capable of producing more than 100,000 tonnes of fuel annually. Furthermore, by integrating green hydrogen produced from renewable energy sources, this process can potentially achieve near carbon neutrality, as the CO2 emitted during combustion nearly equals the CO2 consumed in production.

The Road Ahead

This innovative process not only signals a pivotal moment for sustainable fuel production but also underscores the transformative potential of modern chemical engineering. As the energy landscape continues to evolve, the integration of such groundbreaking technologies stands to redefine both environmental stewardship and industrial efficiency on a global scale.

IBM Expands Into Formula One Through Ferrari HP Partnership

IBM’s Strategic Entrance Into Formula One

Two years ago, IBM identified Formula One as a missing element in its sports partnership strategy. As the global popularity of Formula One continued to grow, driven in part by the success of “Drive to Survive,” the company saw an opportunity to align its technology capabilities with one of the sport’s most recognizable teams. Its latest partnership with Scuderia Ferrari HP marks IBM’s entry into Formula One and reflects the growing role of technology within modern motorsport.

Leveraging Data And Artificial Intelligence

Data analytics and artificial intelligence sit at the center of the collaboration, as technology companies including Amazon Web Services, Oracle and Anthropic continue expanding their presence across professional sports through analytics and AI-driven tools. Kameryn Stanhouse said the partnership reflects a broader shift toward using intelligent data systems to shape real-time storytelling and digital experiences, with the initiative focused on transforming race data into interactive content designed to strengthen fan engagement during Formula One events.

Elevating The Ferrari Fan Experience

The collaboration also includes a redesigned Ferrari fan application developed with IBM technology. Alongside race updates and team content, the platform now features AI-generated race summaries, interactive experiences and personalized content intended to create stronger connections between fans and the Ferrari brand. Ferrari Head of Fan Development Stefano Pallard said the objective is to make fans active participants in the Ferrari experience rather than passive spectators.

Data-Driven Storytelling And Lasting Fan Loyalty

Storytelling remains a central part of the partnership’s digital strategy, with the application using AI tools to analyze engagement patterns, including user preferences and fan interaction data, to refine content recommendations and improve the overall user experience. According to IBM Vice President of Sports and Entertainment Partnerships Kameryn Stanhouse, the strategy contributed to a 62% increase in engagement during race weekends, while insights generated through the platform continue shaping more personalized digital experiences for Formula One audiences.

Looking Ahead: A Personalized Digital Future

The partnership between IBM and Scuderia Ferrari HP reflects broader changes in how sports organizations are using AI and data analytics to expand audience engagement. As Formula One’s international fan base continues to grow, personalized digital content and interactive experiences are becoming increasingly important within the sport’s commercial strategy, positioning the collaboration around the continued expansion of AI-driven fan engagement tools.

Spyware Threats Escalate: Advanced Digital Defenses For Journalists And Activists

Spyware attacks targeting journalists, human rights defenders and political dissidents have become increasingly common, highlighting growing concerns around digital privacy and device security. Recent incidents included WhatsApp alerts regarding a hacking campaign targeting members of European civil society and zero-click spyware attacks detected by Apple involving Paragon’s Graphite spyware.

Escalating Risks In A Digital Age

For more than 15 years, investigators have documented the use of sophisticated spyware tools by state-sponsored hackers. These tools are designed to access communications, location data and ambient audio from personal devices. Such attacks can expose both sensitive professional information and personal data belonging to vulnerable individuals.

Industry Response: Strengthening Digital Defenses

In an effort to mitigate these threats, technology giants including Apple, Google, and Meta have introduced advanced, opt-in security features. These measures, though requiring some tradeoffs in everyday functionality, represent a significant step forward in digital security. Experts and industry leaders alike have endorsed these features as essential tools for anyone potentially targeted by state-sponsored surveillance.

Apple’s Lockdown Mode

Apple’s Lockdown Mode is available across the company’s devices and is designed to reduce vulnerabilities by restricting certain functions. The feature blocks some iMessage attachments, disables link previews and limits network connections. According to the article, Lockdown Mode has already helped block spyware attacks linked to NSO Group’s Pegasus platform.

Google’s Advanced Protection Program

Launched in 2017, Google’s Advanced Protection Program includes features such as deep Gmail scans, restricted third-party access and safe browsing protections. Additional verification measures, including physical and software passkeys, are also part of the program’s security structure.

Android’s Advanced Protection Mode

Android’s Advanced Protection Mode includes tools such as Google Play Protect, enhanced encryption protocols and automated security measures activated by unusual device activity. The feature is designed to strengthen protection against sophisticated cyber threats targeting mobile devices.

WhatsApp’s Strict Account Settings

With more than three billion users worldwide, WhatsApp remains a target for sophisticated hacking campaigns. The platform’s Strict Account Settings feature includes two-step verification, security notifications and additional privacy protections designed to alert users to unauthorized account activity.

Conclusion

As spyware technology continues to evolve, technology companies are expanding advanced security protections across their platforms. For journalists, activists and other individuals facing elevated surveillance risks, these tools are increasingly becoming part of broader digital security practices.

Flexible Payment Models Support Broadband Expansion In Africa

Informal Economy Drives New Broadband Strategies Across Africa

More than 80% of the workforce in Africa operates within the informal economy, creating both challenges and opportunities for broadband expansion across the continent, according to a recent study by Omdia.

The report, titled Broadband And The Informal Economy In Africa, examined the barriers to expanding digital connectivity in markets dominated by informal workers and businesses operating outside formal economic structures.

Broadband Challenges In The Informal Economy

According to the study, the informal sector continues to expand amid high unemployment, underemployment, poverty and gender inequality across many African economies. Those structural conditions complicate broadband deployment and reduce the effectiveness of traditional fixed billing models, particularly for consumers with irregular income streams and limited financial flexibility.

Variable earnings and the absence of formal employment structures have also increased demand for lower-cost and more flexible connectivity options.

Mobile Broadband And Prepaid Fibre Solutions

Telecommunications providers are increasingly relying on mobile broadband infrastructure and prepaid fibre services to address those challenges. Flexible payment models are gaining traction across the market because they better align with the financial realities of informal workers and small businesses. Prepaid connectivity services also reduce the need for long-term contracts and fixed monthly commitments.

The study identified mobile broadband networks as a key driver of digital access across underserved communities.

Implications And Strategic Recommendations

Thecla Mbongue said the informal economy represents both a challenge and an opportunity for broadband expansion in Africa. The report also examined smartphone adoption trends and alternative device financing models designed to lower access barriers for lower-income consumers.

Researchers emphasized the importance of understanding connectivity usage patterns and payment preferences within informal markets when designing broadband services.

A Roadmap For Inclusive Growth

The study recommended that policymakers and telecommunications providers develop business models tailored to consumers with irregular incomes and limited access to formal financial systems. Prepaid fibre services without long-term contractual obligations were highlighted as one potential solution for expanding digital inclusion.

As digital services become increasingly important for economic participation, mobile broadband and flexible payment systems are expected to play a larger role in expanding connectivity across Africa.

Significant Price Discrepancies In Local Produce: From Farm To Retail Shelf

Overview Of Local Produce Price Dynamics

Recent data highlighted significant differences between producer prices and retail prices across the local fruit and vegetable market in Cyprus. Official producer prices reported by recognized producers’ groups differed substantially from retail prices collected from major supermarket chains. The figures were compiled by the Department of Agriculture through the online “e-kofini” platform as part of a broader market analysis focused on household food costs.

High-Cost Items And Their Market Impact

Cherries recorded the highest retail prices among locally produced items during the reporting period. Average producer prices for cherries reached approximately €9.00 per kilogram, while retail prices increased to €12.95 per kilogram. Loquats were priced at €8.00 per kilogram at the producer level, compared with retail prices of €9.45 per kilogram. The data highlighted the widening gap between producer and consumer prices for several seasonal products.

Striking Variances In Strawberry Pricing

Field-grown strawberries also showed a significant difference between producer and retail pricing. Producer prices averaged €4.87 per kilogram, while retail prices reached €9.20 per kilogram. Mountain strawberries were sold at an average retail price of €7.50 per kilogram, while runner beans reached €7.45 per kilogram.

Stable And Accessible Produce Prices

More commonly consumed vegetables maintained lower and more stable pricing levels across the market. Tomatoes averaged €3.53 per kilogram, cucumbers were priced at €1.33 per kilogram, and potatoes remained among the least expensive products at €0.76 per kilogram.

Pricing In The Imported Produce Segment

Imported fruits and vegetables also recorded substantial price differences across categories. Blueberries registered the highest average retail price among imported products at €34.00 per kilogram. Grapes and pomegranates were priced at around €7.00 per kilogram, while oranges averaged approximately €6.00 per kilogram, and pear-shaped varieties reached €5.00 per kilogram. Imported apples and mangoes were sold at approximately €3.00 per kilogram, while bananas averaged €2.00 per kilogram.

Final Observations

Additional imported products, such as lemons and onions, were priced at €2.50 and €4.00 per kilogram, respectively, while imported asparagus bunches reached €9.50 per kilogram. The latest figures highlighted persistent differences between producer and retail pricing across both local and imported produce categories.

EU Recyclable Raw Material Imports Exceed Exports In 2025

Overview Of The Current Trade Dynamics

The European Union imported 49.7 million tonnes of recyclable raw materials from non-EU countries in 2025, while exports totaled 36.2 million tonnes, according to data from Eurostat. That imbalance resulted in a net import gap of 13.5 million tonnes for the year, representing a 7.8% increase compared with the previous 12-month period.

Consecutive Trends In Import Reliance

The EU has remained a net importer of recyclable raw materials since records began in 2005. Its smallest import gap was recorded in 2023 at 1.07 million tonnes, compared with a peak of 21 million tonnes in 2006. Despite the recent increase in imports, the current gap remains 35.6% below the historical high.

Commodity Breakdown And Market Dominance

Scrap metals represented the largest category of recyclable raw material exports, accounting for 18.9 million tonnes or 52.1% of total outbound shipments. Paper and cardboard followed with 6.0 million tonnes, representing 16.5% of exports, while organic materials accounted for 4.4 million tonnes or 12.0%. On the import side, organic materials dominated inbound trade flows at 30.0 million tonnes, equivalent to 60.3% of total imports. Minerals accounted for 8.3 million tonnes, while metal materials totaled 6.3 million tonnes.

Distinct Material Sourcing Patterns

Trade patterns differed significantly across material categories. Industrial metals, paper and cardboard were primarily traded as classified waste materials, while organic materials, largely agricultural by-products, followed different supply patterns. Standard waste represented only a limited share of the organic materials category, accounting for 1.8% of exports and 3.2% of imports.

Key International Trade Routes

Turkey remained the largest destination for EU recyclable raw material exports in 2025, receiving 12.8 million tonnes. India followed with 3.9 million tonnes, while the United Kingdom imported 3.4 million tonnes. Other major export destinations included Egypt, Norway and Switzerland, each receiving between 1.5 million and 1.9 million tonnes. Among import partners, Brazil ranked first with 11.2 million tonnes, followed by Argentina at 8.7 million tonnes and the United Kingdom at 4.4 million tonnes. Ukraine and the United States also remained significant suppliers, exporting 4.0 million tonnes and 2.4 million tonnes respectively.

Strategic Implications For The EU

Latest figures highlight the EU’s continued dependence on imported recyclable raw materials and ongoing shifts in global recycling trade flows. Differences between industrial waste trade and agricultural by-product sourcing also continue to shape the bloc’s broader resource management and recycling supply chains.

Smart Glasses Companies Shift Focus Toward Commercial Viability

The smart glasses market has long attracted investment from major technology companies seeking to develop wearable devices capable of reducing reliance on smartphones. Despite years of development, the sector has struggled to achieve profitability or large-scale consumer adoption.

Chronic Financial Losses And Hardware Hurdles

Companies across the industry have invested billions of dollars into smart glasses development, while commercial returns have remained limited. Speaking at Google I/O, Chi Xu described the financial challenges facing the sector, stating that “Everybody’s losing money.” Bulky hardware, limited battery performance and underdeveloped software ecosystems have historically slowed adoption and restricted smart glasses to niche use cases.

Emerging Momentum And Technological Refinement

Recent product launches suggest the market may be entering a more mature phase. Meta has partnered with Ray-Ban on smart glasses models that achieved broader commercial visibility than earlier generations of wearable devices. Although Meta’s Reality Labs division continues to report significant losses, improved hardware design and more refined software interfaces have strengthened expectations that smart glasses could move beyond experimental products into wider consumer adoption.

Innovative Designs Paving The Way

One of the latest devices entering the market is Aura, developed by Xreal. The model integrates OLED displays directly into the frame to support high-resolution video playback. Processing power is handled through a portable external computing unit, allowing the glasses to maintain a lighter form factor. The platform also supports applications including navigation tools, hand-tracking functions, digital painting and gaming features designed to integrate digital interfaces into everyday activities.

Expanding Horizons For Both Consumers And Professionals

Xreal is positioning the product for both entertainment and professional use cases. According to Chi Xu, potential applications range from holographic sports viewing experiences to portable virtual workspaces for remote productivity. The current version remains limited to developers, while a broader commercial release is expected later in 2026. The company is also considering an IPO before the end of the year.

Path To Profitability

Alongside product development, Xreal is focused on improving profitability by increasing gross margins and reducing marketing and sales costs. Chi Xu said the company expects it could reach break-even as early as next year. The sector continues to face financial and technical challenges, but recent product launches and partnerships indicate growing efforts to establish smart glasses as a viable category within consumer electronics.

EU Fertiliser Costs Return To Growth In Late 2025

Rising Costs In Agricultural Inputs

Recent Eurostat figures reveal that the European Union experienced an 8% year-on-year increase in the average price of fertilisers and soil improvers during the fourth quarter of 2025. This marks a definitive return to an upward cost trajectory following a temporary period of relief for continental farmers.

Market Dynamics In Chemical Nutrition

Prices for fertilisers and related agricultural inputs have remained volatile in recent years, driven largely by supply chain disruptions and higher natural gas prices. The sector experienced sharp price increases in 2021 and 2022 before recording a gradual decline throughout 2023 and 2024. During 2025, however, prices increased steadily across all four quarters, signaling renewed cost pressure for farmers across the EU.

Geographic Disparities In Price Fluctuations

Price increases were recorded in 24 of the EU’s 27 member states during the fourth quarter of 2025. Romania reported the sharpest increase, with fertiliser and soil improver prices rising 16.8% year-on-year. Ireland and the Netherlands also recorded significant increases of 15.3% and 12.1% respectively. By contrast, Bulgaria recorded the largest decline, with prices falling 6.1%. Smaller decreases were reported in Croatia and Lithuania, where prices declined 0.2% in both countries


Aretilaw firm
Uol
The Future Forbes Realty Global Properties
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter