Defence ministers of the US and Greece said their common goal is to protect international order against illegal behaviour and the violation of the rules in the Aegean. Greek Minister of National Defence Nikolaos Panagiotopoulos discussed frayed Greco-Turkish relations when meeting American counterpart Lloyd Austin at the Pentagon. Austin said they discussed the efforts that
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The Cyprus Securities and Exchange Commission announced a new investor protection campaign to help tackle the growing international scourge of investment harm. CySEC particularly warned of the rising adoption of ‘finfluencers’ and “gamification” techniques used on social media channels to manipulate young investors. George Theocharides, CySEC chair, said rapid technological development, uncertain market conditions and
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Cypriots were awoken at dawn on Wednesday to the sound of air-raid sirens marking the exact time, 5.30 am, when 48 years ago, Turkish troops invaded the island, landing on a beachhead in Kyrenia on 20 July 1974. Some 48 years on, Cyprus remains divided, with Turkey occupying the island’s northern third, with President Nicos
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Famagusta and Paphos tourism stakeholders are glad to see Cypriot holidaymakers chipping in to compensate for the loss of Russian tourists following the war in Ukraine and EU sanctions. Cypriots, taking advantage of a state-sponsored holiday scheme by the Deputy Ministry of Tourism, have boosted the industry in the districts of Famagusta and Paphos, which
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Cyprus will participate at the 22nd Commonwealth Games held in Birmingham next week, with 12 sports federations represented in the bid for medal glory. The Cyprus delegation consists of 34 men and 19 women athletes competing at the games from 28 July – 8 August. The Cypriot mission hopes to achieve the best possible results
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A wildfire raging on three fronts in the Limassol village of Ayios Amvrosios that destroyed two holiday homes has been brought under control with authorities suspecting arson. The fire department said the blaze – that started Tuesday afternoon — burnt a total area of 2 square kilometres. Fire department spokesperson Andreas Kettis tweeted: “The fire
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By Jeffrey Halley The bear market rally looks well and truly back on track, thanks to one of the stranger things I have seen in 2022; Netflix losing only 1 million subscribers in Q2 instead of 2 million, and forecasting an additional 1 million subscriber additions in Q3. Minus one plus one equals um, zero,
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The cost of consumer goods and services in Cyprus continued to climb in June, on an upward spiral for the past 18 months, rising to 111.34 points or 9% on an annual basis and 1.2% from the previous month. This follows an 8.8% year-on-year increase in headline inflation in May and 8.6% in April, according
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By Craig Erlam Stock markets are understandably choppy so far this week, as Europe posts small gains with Italy being the outlier on Tuesday, up more than 1%. It’s shaping to be a critical week for Europe, with Brussels nervously waiting to see whether gas flows will resume following the completed maintenance of Nord Stream
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Bitcoin investors and traders were cheerful Tuesday as the prominent cryptocurrency maintained its price near $22,000 for the first time since June. The Bitcoin price has settled above the $21,500 resistance zone, as it started a gradual increase and pushed through to above the $22,800 level before retreating. By late Tuesday, BTC was trading in
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