The financial impact of the coronavirus pandemic on Cyprus shipping is unavoidable, Deputy Minister of Shipping Natasa Pilides said. “I believe the impact will be unavoidable both on the Cypriot economy and on Cyprus shipping through the financial results of the shipping companies which unfortunately will be affected,” Pilides told CNA. The shipping and ship
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Cyprus’ crisis management centre is receiving distress calls from owners who left their pets at home but are stranded abroad due to COVID-19 travel restrictions imposed worldwide. Some pet owners are calling the crisis centre asking for someone to take care of their pets as they have been left unattended for days now. A lockdown
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By Hussein Sayed, Chief Market Strategist at FXTM Over the past two days, US and global stocks have made an astonishing bounce back with the Dow Jones Industrial Average rallying 16.4% from Monday’s trough. That is more than double the average yearly return on the index going back to 1921. The return to risk has
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Turkish Cypriot authorities have confirmed five new cases of Covid-19 in the north of Cyprus bringing the number recorded there to 47. Tests were carried out on staff and police at the Salamis hotel, where a group of 39 German tourists were under quarantine. A 65-year-old female German tourist was the first coronavirus case in
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High concentrations of dust were recorded in Cyprus on Thursday affecting people with allergies and other conditions, according to measurements from ground stations of the Air Quality Monitoring Network. Authorities warned the public, especially vulnerable groups (children, older people, and the infirm) to avoid circulating in open spaces as the small size of respirable particles
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Cyprus confirmed eight new coronavirus cases on Wednesday bringing the number to 132 since the outbreak on March 9. Added to the 42 confirmed cases in the Turkish occupied north of the island, divided Cyprus has a total of 174 infected people since the outbreak. Among the 8 new confirmed cases in the Republic were four people
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Coronavirus – not Brexit, nor the 2008 financial crash – is likely to deliver the biggest blow to the British pound, warned financial advisory deVere Group’s CEO, Nigel Green, as sterling fell to its lowest level on record against the currencies of Britain’s major trading partners on Tuesday. The exchange rate, measured against a basket
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Some 31 drivers and pedestrians have been charged in Cyprus for violating the ban on unnecessary movement that came into force on March 24, said the police. Police checked 3,100 premises and three of them were booked in Paphos for violating the decree which incurs a 150 euro fine. A total of 200 vehicles and
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Strict measures imposed on people movement seek to break the chain of virus transmission and slow the Cyprus outbreak that has claimed three deaths, said Interior Minister Nicos Nouris. Lockdown measures will be in place until April 13. As of March 24, anyone going outdoors must fill out a printed form explaining their reasons or
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Services at Larnaca General Hospital have been compromised after an elderly patient in the pathology ward tested positive for COVID-19 with 130 samples taken from doctors, nurses and fellow patients. The pathology clinic where the 75-year-old was an in-patient was shut down, while the hospital’s Accident and Emergency Department (A&E) is not admitting any patients,
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