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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A nine-month loan repayment freeze and a €1.4 bln capital release issued to the banks, gave time for the economy to recover from the shock of COVID-19 lockdown, said Cyprus Central Bank Governor Constantinos Herodotou. Speaking in a web discussion organised by the UCL Alumni Cyprus Club and the non-profit organisation Oxygono, Herodotou described the
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Cyprus coronavirus transmission rate (R0) has declined even further to 0.65 per infected person, according to the latest epidemiological data released by the Ministry of Health. According to data, updated on 2 June, three methods used by scientists indicate a decline in the virus’ reproduction number – how many a person can infect – as
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Cyprus is among the countries considered to be a safe holiday destination for German citizens, German Chancellor Angela Merkel said. She made the comment during an extensive telephone conversation with President Nicos Anastasiades, whom she congratulated for Cyprus’ positive results during the COVID-19 pandemic. Anastasiades informed Merkel on Nicosia’s effective handling of the outbreak and
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Cyprus is winning the fight to contain the coronavirus outbreak reporting zero cases of COVID-19 on Thursday with the total number of infections remaining at 958. Health authorities have managed to reach zero cases before but have failed to stay there for more than a day. Scientists said they were pleased to announce that no
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