Russia’s invasion of Ukraine and subsequent economic sanctions have increased risks to the global economic outlook, Moody’s Investors Service said in a report on Friday, adding that the magnitude of the effects will depend on the length and severity of the crisis. The rating agency said rising prices for commodities from the region, such as
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COVID-19 cases, deaths, and hospitalisations began a slow downward trend after mid-February, according to the National Surveillance Report released Friday. Since February 15, 27,674 cases were diagnosed taking the 14-day cumulative diagnosis rate to 3,116.4 per 100,000 population, compared to 36,018 cases and 4,056.1 per 100,000 for February 1-14. On February 28, 321,419 COVID-19 cases were diagnosed,
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As the conflict between Russia and Ukraine rages, it risks spilling into an unlikely arena -– classrooms and playgrounds in Cyprus, home to a sizable Russian population and a smaller Ukrainian community. Trouble appeared to brew in schools in several cities, but especially Limassol, a seaside magnet on the holiday island and a financial hub
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No effort should be spared to convince Russia’s Vladimir Putin, to lay down arms and prevent the Ukraine conflict from spreading, said French Ambassador to Cyprus Salina Grenet-Catalano. She told the Cyprus News Agency (CNA) that France holding the European Union presidency is trying to defuse the Ukrainian crisis. “France has always carried out a
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Petrol prices, electricity, fruit and vegetables have driven inflation up in February to 6.6%, according to the Cyprus Statistical Service. In February 2022, the Consumer Price Index increased by 1.27 units to 105.84 compared to 104.57 units in January. For January-February, the CPI increased by 6% year-on-year. It increased 1.2% since January. The largest changes
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Cyprus is one step away from lifting all COVID-19 restrictions as the government decided to scrap the Safe Pass for short-stay areas like shops and shorten quarantine time for positive cases from next week. Following Thursday’s cabinet meeting, Health Minister Michalis Hadjipantela said the improvement of epidemiological data allowed the government to keep its promise
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Unemployment dropped to 6.3% in the fourth quarter of 2021 from 8% in the same period the year before as the economy recovers from COVID lockdowns, the Cyprus Statistical Service said. The number of unemployed was 29,600 from 36,677 in the same quarter of 2020. Unemployment for men and women amounted to 5.8% and 6.7%,
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The Home for Women refuge has handled over 450 cases of female victims of violence during its first year of a pilot operation, said President Nicos Anastasiades. “It is in this context, but also our broader policy, the Council of Europe cites Cyprus as an example, applauding the targeted measures we have taken,” said Anastasiades.
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Russian troops attacked Europe’s largest nuclear power plant on Friday, setting part of the Ukrainian facility ablaze in an assault the country’s leader branded “nuclear terror” and said could endanger the continent. After hours of uncertainty throughout the night, local authorities reported the fire was extinguished at dawn. They had earlier reported that no immediate
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Cyprus reported two coronavirus deaths on Thursday, daily cases dipped closer to the 2,000 marker to 2,046, as the rate of hospitalisations dropped marginally to 144 while critical cases rose to 33, five more than the previous day. The health ministry said in its Covid bulletin that the latest victims were a 55 year old
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