I am often asked, will adding quality to a project or property make it more valuable? This is not an easy question since it depends on what defines ‘quality’ and whether the cost, usually related to the higher quality, is affordable. The primary question in terms of quality is location. So, the better the location,
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Cyprus will acquire six French light attack H145M helicopters after the Defence Ministry signed a deal with manufacturer Airbus as it tries to phase out Russian MI35 choppers. At Friday’s signing ceremony, Cypriot Defence Minister Charalambos Petrides said that the agreement underscored the growing military cooperation between France and Cyprus. “The acquisition of H-145M attack
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A devastating three-day blaze in the Turkish occupied north was brought under control Friday with the help of firefighting aircraft from Israel, the Cyprus Republic, and the British bases. In comments to Turkish Cypriot daily YeniDuzen, the head of the north’s firefighting service Ramadan Gurpinar said that the fire is expected to be completely extinguished
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By Craig Erlam It’s been a week of consolidation in stock markets after last week’s rout, with Europe looking to it with minor gains. It hasn’t been the blockbuster week as the one before. But that’s only natural, last week we had a wrath of major central bank meetings and rate announcements. This week, policymakers
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Despite a hike in the positivity rate and cases, there are no thoughts for the time being to bring back COVID restrictions, Ηealth Μinistry official Constantinos Athanasiou told the Cyprus News Agency. He said the ministry has no plans for making face masks mandatory indoors but noted that all authorities monitor the situation closely and
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Cyprus motorists were hit with another nasty shock on Friday as the pump price for diesel registered a record €2.03 per litre – costing around €111 to fill up an average car. Rising fuel prices are adding fire to the cost of living crisis and rampant inflation. According to the government’s Consumer Protection Service’s Fuel
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Cyprus reported one death in its weekly Covid bulletin on Friday, with new cases more than doubling to 7,263 from 3,479 the week before, with hospitalisations also on the rise, following the removal of almost all restrictions in early June. This also pushed all coronavirus infection cases beyond the 500,000 mark to 504,717. The Health
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Health experts sounded the alarm over the sixth wave of coronavirus infections threatening to overturn plans for a ‘normal’ summer as COVID-19 cases are exploding. Cyprus reported two deaths in the weekly Covid bulletin on Friday, with new cases nearly doubling to 7,263 from 3,470 the previous week. Hospitalisations increased slightly within a week from
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The European Council has expressed deep concern regarding Turkey’s recent behaviour toward EU-members Greece and Cyprus as tension in the Eastern Mediterranean rises. In Thursday’s Council conclusions adopted by EU leaders, Ankara was urged to refrain from threatening its neighbours. “The European Council expressed deep concern about recent repeated actions and statements by Turkey. “Turkey
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By Jeffrey Halley The second day of Jerome Powell’s semi-annual testimony on Capitol Hill passed without incident, in contrast to Wednesday’s frenzy. The Fed Chair reiterated an unconditional commitment to fight inflation, but instead, markets continued to price in a recession stopping rate hikes in their tracks much sooner. US yields fell once again, equities
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