. By Pedro Sánchez In 1978, Spain created and ratified a fully democratic constitution. That historic document was endorsed by almost 88% of voters in a referendum. In Catalonia, where turnout was nearly equal, support was even higher: some 90.5% of Catalans backed the new Constitution. Spain thus escaped the long and dark shadow
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Four women who have excelled in the areas of business, culture, the environment and community service were the winners of the 13th "Kivotos Golden Lady of the Year Award". It was organised by the Kivotos Luxury Lifestyle Company and presented during a ceremony at the Hilton Park by House speaker Dimitris Syllouris, and Andys
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Cyprus is basking in unusually warm weather with temperatures spiking around 10 degrees Celsius above the norm for this time of year, making it one of the hottest November's on record. While average temperatures for November are usually around 20-22° Celsius, Cyprus is witnessing soaring heat of 30° Celsius plus. Meanwhile, dust from the Middle
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Brussels has launched a system for imposing EU sanctions on Turkey over its unauthorized gas drilling in Cyprus waters, but no Turkish companies or officials have yet been singled out. EU foreign ministers adopted a mechanism Monday making it possible "to sanction individuals or entities responsible for, or involved in, unauthorized drilling activities of hydrocarbons."
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By Hussein Sayed, Chief Market Strategist at FXTM The closing of US equities at record highs on Friday did not seem to influence the market’s direction in Asia on Monday morning. Hong Kong’s Hang Seng Index tumbled 2% in early trade, while China’s Shanghai and Shenzhen Composites both fell more than 1%. Escalating violence in
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RCB Bank and American Express have launched two partnership agreements that will enable the bank to provide merchant recruitment and payment processing in Cyprus on behalf of Amex. “We are pleased to work with American Express to offer their merchants a best-in-class service proposition,” said Harry Xenophontos, head of Acquiring & Digital Payment Services at
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Cyprus’ First Division features the most expatriate footballers of 31 European leagues while it has the second-highest average squad age and huge player turnover, according to a new survey. A survey conducted by the Football Observatory of the International Centre for Sports Studies (CIES), reveals that Cypriot clubs prefer to make short-term investments for quick
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After the government’s decision to revoke 26 passports given to investors who failed the tighter criteria test, real estate stakeholders are uneasy as they feel the Citizenship for Investment scheme is at risk. Cyprus decided to revoke 26 citizenships granted to investors after the government came under intense pressure following allegations that members of Cambodia’s
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EU Foreign Ministers meet in Brussels, on Monday, where they are expected to adopt restrictive measures against Turkey’s illegal drilling activities in Cyprus waters. The EU has already decided to impose restrictive measures against companies or individuals benefiting from, carrying out or supporting illegal Turkish drilling within the Exclusive Economic Zone (EEZ) of the Republic
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Cyprus has signed its first natural gas exploitation deal worth $9.3 bln over 18 years with a consortium involving industry giant Shell, US-based Noble and Israel’s Delek but there are more challenges ahead. Thursday’s official signing in Nicosia comes after cabinet approval of the revised product sharing contract for the commercialisation of the Aphrodite gas
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