A warning for extreme heat has been issued by the Cyprus Department of Meteorology as maximum temperatures are expected to reach 41 degrees Celsius on Saturday. The yellow alert was issued for between 1100 till 1700 on Saturday when the weather will feel very uncomfortable. People are advised to stay in the shade, avoid strenuous
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Thirteen leading maritime nations joined the growing number of states allowing crew changes by signing a pact for exemptions in port controls and more commercial flights to accommodate thousands of exhausted seafarers stuck on board ships around the world. More than 200,000 seafarers are stranded at sea and have overrun their contracts with another 200,000
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One of the measures the government is taking to reduce the impact of coronavirus on the economy is rent reductions. There is no law as such to impose rent reductions, but the government is encouraging landlord/tenants to voluntarily reduce rents by 30-50% for three months during this year. In “exchange” the government will provide a
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Cyprus is experiencing a steady drip of COVID-19 cases with health authorities confirming three more infections on Friday, including a Serbian footballer, taking the total to 1,013 since the outbreak. The Health Ministry announced three new confirmed COVID-19 cases after conducting 1,247 tests. One of the positive cases was an APOEL FC footballer who arrived
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Natasa Pilides took on one of the hardest jobs in government as Cyprus Energy Minister replacing outgoing George Lakkotrypis on Friday who stepped down after serving over seven years in the administration. Pilides is third female senior Minister in President Nicos Anastasiades’ cabinet joining Labour Minister Zeta Emilianides and Justice Minister Emily Yiolitis. Handing over
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Cyprus said joining the US military training programme does not mean Nicosia will abandon its close relationship with Russia, said Cypriot Defence Minister Charalambos Petrides. Participating in an international US military training scheme does not mean cutting ties with Russia, said the Defence Minister on Friday after meeting Opposition leader of communist party AKEL Andros
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Vassilis Demetriades on Friday assumed his duties as Cyprus’ new shipping minister replacing outgoing Natasa Pilides who took up her post as Energy Minister. “Today is a special day for me,” Demetriades said in the official handover ceremony. He recalled that 22 years ago he passed through the doors of the then Department of Merchant
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Cyprus has been forced to drop its car scrappage scheme to get older vehicles off the road due to the economic impact of coronavirus on the government budget. The Transport Ministry said its revised ‘mini-budget’ following the crisis brought on by the coronavirus outbreak, does not include the €3 mln earmarked for the scrappage scheme.
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By Han Tan, Market Analyst at FXTM Most Asian assets are set to end the week on a risk-off note, with regional currencies now weaker against the US Dollar, while major stock indices tracked overnight losses on Wall Street. Chinese stocks are taking a breather from their recent rich vein of form, with the Shanghai
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Cyprus started building its first natural gas import terminal towards a cleaner, cheaper energy future after President Nicos Anastasiades laid the foundation stone at Vasiliko, Larnaca marking “a milestone in modern Cypriot history”. “It is a project which places Cyprus in the orbit of a new energy era, opening up robust prospects both for economic
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