A 25-year-old man was remanded in police custody for allegedly stabbing his estranged father to death on August 9 in Lefkara during an argument about his sister’s welfare. The suspected appeared before a Larnaca district court on Monday and remanded in custody for eight days with police suggesting that the murder investigation is linked to
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France wants to see a bigger EU presence in the eastern Mediterranean to play a deciding role for stability in the region as tensions rise, French Ambassador Isabelle Dumont told the Cyprus News Agency. She told CNA that the aim of the French military presence in the Mediterranean region is to de-escalate tensions involving Cyprus,
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Cyprus said it would look into new allegations it sold passports to criminals but has denied any wrongdoing after incriminating evidence was published by global media outlet Al Jazeera. Nicosia has refuted fresh claims that it granted citizenship to dubious foreigners in exchange for millions in investments, insisting that all those who received a passport
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By Hussein Sayed, Chief Market Strategist at FXTM Six months ago, the most widely followed index in the US, the S&P 500, was down 34% from its peak. Today it has not only recovered all its losses, but also hit new record highs having rallied more than 55% from its trough. Investors betting against this
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The impact of the COVID-19 pandemic continued to play a significant role in declining IPO activity in the first half of 2020, according to the EY quarterly report, Global IPO trends: Q2 2020. Overall, Q2 saw a decline in initial public offerings from Q2 2019 across all regions by deal numbers and for the Americas
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Cyprus health authorities announced four new cases of coronavirus infections on Sunday, far from the worrying rate of double-digit infections reported daily over most of the past two weeks, with all four new Covid-19 cases linked to travel. This follows Saturday’s reporting of 11 new SARS-CoV-2 cases, of which three were travel related. The total
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After seeking to dominate the East Med by happily ignoring the map of the region, Turkey’s Recep Tayyip Erdogan has pulled another rabbit out of his conqueror’s hat. It wasn’t enough for him to redraw the Mediterranean map where Greece has no islands and that place called Cyprus doesn’t exist. Erdogan is now a major
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Cyprus’ fledgeling film industry, dubbed Olivewood, is slowly getting back on track after the coronavirus outbreak and difficulties faced with the government’s incentive scheme have been overcome. Following the successful completion of “Jiu Jitsu” by Hollywood director Demetri Logothetis, his production team are laying the ground for their next film Man of War, also to
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Schools in Cyprus are about to open in less than two weeks and the Ministry of Education is still consulting with state teachers’ unions on what the new academic year will look like. On the one hand, the coronavirus-imposed measures have yet to produce the required result with the much-anticipated vaccines far from reach. Whereas
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Cyprus reported 11 more Covid-19 infections on Saturday, same as the previous day, with health authorities struggling to contain the spread to single-digit daily infections. Four of the new infections had a travel history while four more were close contacts of those who already have the virus. The 11 cases were found after 3,446 tests,
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