Cyprus Trade Deficit Drops By 3.97% In 2024

by THEFUTURE.TEAM

February 11, 2025

Cyprus’s trade deficit has seen a modest reduction of 3.97% in 2024, dropping from €8,470.4 million in January–December 2023 to €8,134.3 million in the same period of 2024, according to provisional data from Cystat

Key Highlights:

Imports: Total imports for 2024 were €12,256.1 million, down by 7% from 2023 (€13,179.8 million).
Exports: Exports fell by 12.5% to €4,121.8 million, compared to €4,709.4 million in 2023.

December 2024 Snapshot

Imports in December surged to €1,314.3 million, a significant increase of 37.8% from December 2023 (€954.1 million).
- Imports from the EU: €662.7 million
- Imports from third countries: €651.6 million
Exports in December totaled €359 million, down by 8.5% from December 2023 (€392.4 million).
- Exports to the EU: €88 million
- Exports to third countries: €271 million

Noteworthy: December imports included a significant €372.5 million from vessel and aircraft ownership transfers—up dramatically from just €4.8 million in December 2023.

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November 2024 Recap

Imports in November increased by 3.7%, reaching €1,139.6 million (compared to €1,098.6 million in November 2023).
Domestic exports grew by 7.7%, totaling €244.1 million.
- Industrial product exports were up to €236.5 million from €218.2 million in November 2023.
- Agricultural exports remained steady at €6.5 million.

However, exports of foreign products plummeted by 74.2%, from €519.2 million in November 2023 to just €134.1 million in November 2024.

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Cursor Expands To Mobile As AI Coding Agents Gain Ground

by THEFUTURE.TEAM

June 30, 2026

Cursor is expanding its AI coding platform to mobile devices with the launch of Cursor Mobile, allowing users to prompt coding agents directly from their smartphones.

Announced on Monday, the app builds on the Cursor 2.0 redesign introduced in October, which shifted the platform’s focus toward autonomous coding agents rather than a traditional code editor. Users can launch new agents or continue conversations started on desktop.

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A Mobile Interface For A Changing Workflow

The launch reflects a broader shift in AI-assisted software development. As coding agents become increasingly capable of handling implementation tasks, developers are spending less time navigating large codebases and more time reviewing, guiding and supervising AI-generated work.

That evolution also makes mobile devices a more practical interface. They are well suited to reviewing progress, sending prompts and managing ongoing workflows, even when the underlying development is taking place remotely.

Cursor is not alone in moving in that direction. Anthropic and OpenAI have also introduced mobile experiences for their coding products, signalling that competition is extending beyond model performance and editor integration to the overall developer workflow.

The Shift From Editing To Orchestration

For years, professional development tools were built around the assumption that developers would spend most of their time writing and editing code on desktop computers. AI coding agents are beginning to change that dynamic by taking on more of the implementation work, allowing developers to focus increasingly on directing, reviewing and refining outputs.

Anthropic’s Claude Code lead, Boris Cherny, recently described how dramatically his own workflow has changed.

“Most of my coding now is on my phone,” Cherny said. “I would have said ‘you’re crazy’ if you told me that six months ago, but yeah, here we are.”

Why The Mobile Bet Matters

Cursor’s latest release expands access to its AI coding agents beyond the desktop, reflecting broader changes in how developers interact with AI-powered tools. As coding increasingly involves prompting, reviewing and coordinating AI-generated work, mobile devices are becoming another way to stay connected to software projects throughout the development process.

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