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The Impact of Tariffs on Financial Markets and Consumer Spending

by News Editor

April 25, 2025

The implementation of tariffs has had a significant impact on financial markets, with stocks experiencing notable fluctuations due to fears of economic deceleration or a potential recession. This has effectively erased nearly a year’s worth of market gains.

Companies are increasingly vocal about how tariffs could influence their financial performance and consumer pricing. Notably, giant firms like PepsiCo and Procter & Gamble are adjusting their earnings forecasts and strategies accordingly.

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According to emerging data, companies are citing supply chain disruptions and increased costs as primary concerns. PepsiCo’s CEO highlighted anticipated volatility linked to global trade issues, expecting these to escalate supply chain expenses.

How Consumers Are Feeling the Pinch

The repercussions extend beyond corporate margins. Consumers are encountering shifts in spending habits due to rising prices. Both PepsiCo and Procter & Gamble have raised prices amidst historic inflation rates, driven by tariffs, which prompted consumers to opt for budget-friendly alternatives or cut down on purchases entirely.

This scenario has been further complicated by consumers increasingly resorting to credit to manage living costs. The use of ‘buy now, pay later’ loans for household staples has surged, fostering a dependence on credit amidst mounting financial pressure.

Tariffs and the Housing Market

A potential ripple effect of tariffs could soon reach the housing market. For instance, tariffs may increase the average cost of new homes by as much as $5,000, according to some estimates. This could further complicate the landscape for prospective homebuyers in a volatile market.

The ongoing political trade discussions reflect these economic tensions. While some tariffs have been temporarily suspended, others remain in place, posing continuous challenges and uncertainties for international commerce and consumer markets.

The current scenario is compelling businesses and consumers alike to navigate a complex landscape of evolving financial dynamics.

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Sklavenitis Cyprus Sets A New Standard For Employee-Centric Benefits

by THEFUTURE.TEAM

September 12, 2025

Investing In Human Capital

In a bold move that underscores the growing importance of human capital in today’s business landscape, Sklavenitis Cyprus has taken innovative steps to ensure its workforce is both valued and supported. The supermarket chain has introduced a policy to pay a 14th salary to all employees—including those from Papantoniou Supermarkets—cementing its status as the sole retailer in Cyprus to implement such a comprehensive benefit.

A Significant Investment In People

This initiative is far from symbolic. With an estimated total cost of €2 million, it represents a committed investment in the company’s most valuable asset—its people. By providing an additional salary, Sklavenitis reinforces a culture of inclusivity and fairness, acknowledging every employee’s contribution to its success.

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Robust Benefits For Long-Term Stability

Complementary to the 14th salary, the company has launched a robust benefits program designed to address both financial and personal security. An Automatic Cost of Living Adjustment (ATA) of 12.56 per cent ensures that wages remain aligned with inflation, safeguarding real income stability for its team members.

Comprehensive Health And Life Support

Sklavenitis further enhances employee welfare through access to a Group Life and Health Insurance Plan and a Provident Fund co-funded by the employer. These measures not only provide immediate protection but also empower employees to plan confidently for the future.

Exclusive Perks And Incentives

The company extends its commitment beyond conventional benefits by offering store discounts, a birth allowance, and holiday gift vouchers valued at €100 during both Easter and Christmas. These additional perks enhance employee satisfaction and underline Sklavenitis’ people-first ethos.

A Strategy For Mutual Success

In an industry where employee engagement directly impacts customer satisfaction, Sklavenitis’ comprehensive approach stands out as both a progressive and strategic business decision. By investing in its workforce, the company not only nurtures a supportive workplace but also drives superior corporate performance, setting a new benchmark for responsible employment practices in Cyprus.