By Hussein Sayed, Chief Market Strategist at FXTM The price war between Saudi Arabia and Russia ended over the weekend as the world came together to slash oil output by more than 10%, which is the largest oil production cut ever agreed to. The only solid details revealed were that OPEC and its allies will
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Cyprus police have cautioned 217 drivers and pedestrians over the last 24 hours for violating restrictive measures to contain the COVID-19 outbreak. A Police Spokesperson told CNA that the cautions followed 12,092 checks, between 6 am on Sunday and 6 am Monday. Under strict social distancing measures Cyprus observes a curfew from 9 pm – 6 am daily while people are only out the house for
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Cyprus health authorities reported one more death from coronavirus on Sunday and 17 new confirmed cases, stressing there is a downward trend but urged people to stay home. An 82-year-old woman who had serious health issues is the latest COVID-19 victim who passed away at Famagusta Referral Hospital. The total number of deaths attributed to
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By Chris Iacovides and Andri Antoniou According to Cypriot police, a 42-year-old Ukrainian national was arrested in Budapest pursuant to a European arrest warrant, extradited to Cyprus and remanded in custody, in connection with financial fraud totalling $92 mln, orchestrated through Cypriot-registered companies. The individual arrested was the CFO of Mriya Agro Holding Public Ltd
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I’m not feeling it at all. I’m not sensing the solidarity for our frontline workers in Cyprus or the love for our healthcare heroes sent out to fight an invisible enemy without fullscale protection. It appears like we are being told to stay home and wash our hands like naughty children. Seemingly, we can’t be
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Three things the coronavirus pandemic taught us is that technology is not a bad thing, in a post-social distancing era we should reconsider our values, and despite taxpayer’s millions for the health service ‘revamp’, there was no chapter on crisis management. The government has spent millions to set up new departments, some of which are
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We are wondering what to suggest to the estate agents/developers, who now have plenty of void time on their hands and books. We feel that this “dead” period of demand and no deals, must not be left unexplored and use this time to improve oneself both in marketing approaches, as well as internet skills with
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Daily coronavirus cases in Cyprus dropped by third as 21 new infections were confirmed on Saturday from 31 the previous day with scientists remaining optimistic the battle is being won. The new 21 cases of COVID-19 were diagnosed following 811 samples tested with total laboratory tests reaching 17,119, said Dr Leontios Kostrikis an advisor to
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Coronavirus has prompted a 76% jump in the demand for wills in the last two weeks, driven by people’s “minds being more focused” on certain aspects of financial planning due to the COVID-19 pandemic, says the CEO of a leading advisory firm. The sharp surge in enquiries comes as deVere Group launched a free online
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The Armenian representative in parliament, Vartkes Mahdessian, took delivery early Saturday of a large consignment of protective gear for healthcare workers, as the number of COVID-19 cases in Cyprus reached nearly 600 the previous day. Mahdessian accompanied House Speaker Demetris Syllouris at Larnaca airport where the cargo of 50,000 medical masks, 5,000 face shields and
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