There were few reports of societal abuses or discrimination based on religious affiliation, belief, or practice in the government-controlled areas of the Republic of Cyprus and the areas under Turkish occupation, according to the International Religious Freedom Report 2008, released by the US Bureau of Democracy, Human Rights, and Labor. The report notes that the
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Around 99% of illegal immigrants, who arrive to Cyprus, come through Turkey, Cypriot member of the House of Representatives Christos Stylianides has said, addressing the annual Fall Meetings of the Parliamentary Assembly of the Organisation for Security and Cooperation in Europe (OSCE) in Toronto. Stylianides referred to the problems faced by Cyprus regarding illegal immigration,
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The CSE Council announced the transfer of titles of Aspis Liberty Life Insurance Public Company Ltd from the Alternative Market to the Parallel Market due to its compliance with the procedure for a transfer to a market with more upgraded criteria, pursuant to Paragraph 2.2.7 of KPD 596/2005. The titles will start trading in the
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Financial backers of a number of Leveraged Buy Outs (LBOs) which were concluded at the top of the market will shortly be looking to exit their investments. Many market commentators will be keen to see how changing economic conditions have altered people’s perception of the validity of the management compensation packages which will become public
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The European Commission has started a project to build a pilot solar power plant for the Turkish Cypriot community that will deliver electricity to the grid in 2009. A concept study is currently being prepared by experts to determine the optimal solution and location for the exploitation of sunlight to produce electrical energy in the
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Goldman Sachs and Morgan Stanley sought shelter with the Federal Reserve to survive a financial storm that has destroyed their rivals, effectively killing off the Wall Street investment banking model of the past two decades. The move is Washington's latest effort to restore calm to chaotic markets and follows frantic talks between the Bush administration
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Britain's leading share index fell 0.7% early on Monday, led by banks as investors awaited details of a $700 billion U.S. package to rescue the sector, while firmer commodity stocks offered some support. By 0749 GMT, the FTSE 100 was down 38.2 points at 5,274.8, after rallying 8.8% on Friday — its largest ever daily%age
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The price of texting in Europe will set at a maximum rate of 11 euro cents per message under a European Commission proposal, EU telecoms Commissioner Viviane Reding told German magazine Der Spiegel. Telephone calls will have to be billed by the second and competition for accessing the internet abroad will be increased, Reding told
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A technical glitch has forced scientists to shut down the huge particle-smashing machine built to simulate the conditions of the "Big Bang" for at least two months, they said on Saturday. The European Organization for Nuclear Research (CERN) said there had been a major helium leak on Friday into the tunnel housing the biggest and
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Japan's Nomura Holdings has reached a deal to buy the Asian operations of Lehman Brothers, a source said on Monday, outbidding other banks seeking to scoop up Lehman's Asia group on the cheap. The source, who had direct knowledge of the deal, did not say how much it was worth, nor did he say if
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