By Marinos Kineyirou, Investing in real estate is one of the wisest decisions one can make. The truth of the matter is proven with every passing storm. As we go through this difficult period, I have to admit that the crisis in real estate sales is inevitable but not insurmountable. Instead, I believe that the
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Another COVID-19 patient died in Cyprus, health authorities announced on Saturday, taking the total number of deaths directly caused by coronavirus to 18 since the outbreak in March. There were no new confirmed cases of COVID-19 from a total of 2,054 tests, so the number remains at 960. The Health Ministry said the patient who
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It’s rare to see some of the world’s most impressive cruise ships anchored together, silently waiting for passengers to sail off to the next itinerary, let alone find them dotted along Cyprus’ shores, a traditional cruise hub that lost its sparkle and is now trying to revive it. Waking up in Limassol has been a
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By Athos Kyranides As businesses resume operations after a near two-month freeze, the majority are likely to turn to fintech companies for solutions to help operations get back to normal as soon as possible and prepare for possible new restrictions come autumn when Covid-19 may resurface. The order to shut down operations or force employees
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You may wonder, who is Jimmy Hoffa? This man was the Chairman of the Truckers Union in the US, who was accused and jailed for bribery, Mafia ties, etc. This was the end result of an investigation that was carried out by the J.F. Kennedy administration with the chief investigator being Bobbie Kennedy. During the
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By Panos Danos The knock-on effects of the coronavirus – widespread panic, quarantine, falling oil prices, and weakening oil-dependent currencies like the Russian ruble – are hitting the real estate market hard. The hotel and retail segments were the first to fall. Cafés, restaurants, and shopping malls were forced to close their doors – and as
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For the fourth time, Cyprus was unable to keep its daily COVID-19 cases at zero for consecutive days with two more infections confirmed on Friday after reporting none 24 hours earlier. The two positive coronavirus cases were a person who was recently repatriated to Cyprus and a case identified through private initiative, the Health Ministry
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Cyprus fans of world-renowned French-Canadian pop singer Celine Dion will have to wait a little bit longer to see their idol as the concert planned for 2 August at the GSP stadium in Nicosia has been postponed. This follows the government’s decision to prohibit events with mass attendance until autumn. MoonLight Productions, organisers of the
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With scientists confirming coronavirus is not transmitted through water, especially if it contains chlorine, Cyprus reopened its swimming pools on Friday. The decision was taken at a cabinet meeting on Wednesday where ministers decided to speed up the country’s lockdown exit plan, as stage three will finish earlier than planned on June 24 instead of
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By Han Tan, Market Analyst at FXTM The Dollar index (DXY) has broken below the 97 psychological level for the first time since March and is set to wrap up three consecutive weeks of declines. Having returned to pre-pandemic levels, the Dollar’s tumble is an overt sign of the risk-on stance in the markets. The
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