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SafeCY Launch: Enhancing Public Safety Through Modern Technology

The newly launched SafeCY application is transforming public safety in Cyprus, allowing citizens to find the nearest Civil Defense shelter in real-time. Launched by the Minister of the Interior, Konstantinos Ioannou, SafeCY is available on both the Google Play Store and the Apple App Store. This mobile application is not just a technological innovation; it is a proactive step towards enhancing the safety of Cyprus’ residents during emergencies.

Features of the SafeCY App

The app, accessible on both Android and iOS, supports both Greek and English languages, offering a user-friendly experience. Citizens can utilize GPS to find shelters based on their current location or search by address and postal code. Furthermore, the app integrates vital guidelines and information to ensure comprehensive awareness and preparation.

Strengthening Emergency Response

SafeCY is part of a broader governmental strategy to leverage modern technology in fortifying timely public warnings. Its rollout represents a significant commitment to public protection, aligning with Cyprus’ overarching goals for sustainable growth by 2028, detailed in the economic strategy.

Visual Guide

Below are some screenshots demonstrating how to use the SafeCY application effectively:

SafeCY App Screenshot 1
SafeCY App Screenshot 2
SafeCY App Screenshot 3

Bank Of England Holds Rates At 3.75% In Split Vote As Inflation Risks Rise

The Bank of England kept its benchmark interest rate at 3.75% on Thursday, but the decision was not unanimous. In a 6-3 vote, the Monetary Policy Committee kept rates unchanged, while three members backed a 25-basis-point increase to 4%. Renewed energy price pressures have added to concerns that inflation could remain elevated.

Inflation Pressures Remain

Policymakers said inflation “is likely to rise further over coming quarters,” citing higher and more volatile crude oil and refined energy prices since the conflict began.

So far, there has been “little evidence” of significant second-round effects, such as broader wage and price increases. Inflation risks, however, are now “tilted to the upside” and have increased since the July Monetary Policy Report.

Energy Prices Add To Inflation Risks

Brent crude has risen 36% since July, reaching $106 a barrel on Sept. 14, while UK wholesale gas prices increased 78% to 207 pence per therm.

Higher energy costs can feed into transport, production and household expenses, raising costs across supply chains. Refinery pressures have also pushed crack spreads, the difference between refined fuel and crude prices, well above pre-conflict levels.

Economy Shows Resilience

Despite the inflation risks, UK economic activity has held up slightly better than the Bank expected. A softer labor market and higher borrowing costs are expected to help reduce inflation over time.

Previous monetary tightening is still working through the economy, according to policymakers. So far, the latest energy shock has not produced clear evidence of a broader wage-price spiral.

Major Central Banks Take Different Paths

The decision comes during a busy period for global monetary policy. The Federal Reserve raised rates Wednesday to 3.75%-4% in its first increase since 2023, while the European Central Bank recently lifted its deposit rate to 2.5%.

The Bank of Japan is due to announce its decision Friday, with markets expecting a rate increase. Thursday’s split vote shows that pressure for tighter policy remains within the Bank of England’s Monetary Policy Committee.

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