Post-traumatic stress disorder and anxiety are some of the negative effects on Cypriot’s mental health due to their self-quarantine at home in a bid to prevent the spread of the coronavirus, say experts. They argue post-traumatic stress disorder rates increase following the crisis experienced by people due to self-quarantine at home while there will be
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By Hussein Sayed, Chief Market Strategist at FXTM Nowadays, there’s no other topic of discussion than the coronavirus. The vast population around the world is at home, trying to protect themselves and their family members from this deadly disease. Some are not even worried about losing their jobs as much as surviving this health crisis.
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Cyprus’ Finance Ministry is finalising a revised economic support package which will amount to at least €1.5 bln, approximately 7% of GDP, to buffer businesses against Covid-19, reliable sources told CNA. Last week Finance Minister Constantinos Petrides announced a financial support package amounting to €700 mln equivalent to 3% of Cyprus’ GDP. However, Petrides following
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By Michael R. Czinkota and Michael L. Czinkota The coronavirus is the firing pin for major innovations. In many educational institutions, less than half of the customary study time is invested in this year’s academic spring semester. There is some distance learning, but in many instances, the faculty is very much dependent on technology which they
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Paphos Mayor Phedon Phedonos has called for the conscription of the town’s doctors to be able to operate the general hospital that has been shut since last week to undergo a coronavirus deep clean. A large number of medical staff have been infected by COVID-19 from a 65-year-old patient in intensive care who contracted the
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Turkish Cypriot authorities reported three new cases of coronavirus, bringing up the number of cases in the north of Cyprus to 38 while north goes into lockdown. Some 31 cases involve German tourist who came to the island as part of a 39-strong tour group, via the Ercan (Tymbou) airport in the Turkish occupied north.
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Aviation giant Airbus SE announced measures to bolster its liquidity and balance sheet in response to the COVID-19 pandemic as it continues to assess the ongoing situation and the impact on its business, customers, suppliers and the industry as a whole. The Airbus management has received board approval to secure a new credit facility of
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Cyprus has recorded 11 new confirmed coronavirus cases taking the total in the Republic to 95, the Health Ministry said Sunday. Added to the 35 confirmed cases in the Turkish occupied north of the island, divided Cyprus has a total of 130 infected people since the outbreak started on March 9. Among the 11 new
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By John Lonski, Chief Economist, Moody’s Capital Markets Research From the perspective of the U.S. equity market, COVID-19 is the worst natural disaster ever. After setting a record high on February 19, the market value of U.S. common stock has subsequently plummeted by $10.8 trillion, or by 31.2%, to its lowest close since January 30,
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Violence against women has increased to an alarming level since Cyprus urged people to stay at home after reporting its first coronavirus cases on 9 March. The Association for the Prevention of Domestic Violence (SPAVO) reports that incidents of domestic violence have increased by 30% as people confine themselves to their homes. SPAVO director Andri
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