Cyprus reported two coronavirus deaths on Sunday, bringing the total to nine this month, as new daily cases dropped from a four-month high back down to 337, while patient hospitalisations decreased to 114. Saturday’s 535 cases were the highest daily tally since 10 August, suggesting Cyprus is experiencing a new coronavirus wave. The latest victims
More
It didn’t take long for another COVID variant to mutate into a scary monster prompting the world to hit the panic button on the eve of Christmas. Cyprus wasted no time banning flights from South Africa and seven other countries, including Namibia and Botswana. Ripples of unease have spread around the globe like coronavirus as
More
The tumbling Turkish Lira is taking the Turkish Cypriot economy along with it, as the community sees inflation send prices for essential goods through the roof. The Lira has been breaking unwanted records. Turkey’s President Recep Tayyip Erdogan is adamant about “fighting the war on interest rates to the end”, exerting pressure on central bankers
More
Justice Minister Stephie Drakou was in parliament this week, where she told MPs the new framework for an independent anti-corruption agency would be in place at the beginning of 2022. Naturally, MPs hailed this as the next best thing from the discovery of the wheel, all saying that we ‘finally’ have the right tools and
More
Cyprus reported one more coronavirus death on Saturday, the seventh this month, as new daily cases spiked to 535, while patient hospitalisations increased to 118. Saturday’s cases were the highest daily tally since 10 August, suggesting Cyprus is experiencing a new coronavirus wave. The Health Ministry said in its daily Covid bulletin that a 76-year-old-man
More
I often wonder whether we appreciate how lucky we are to be born and live in Cyprus. Examining what is happening worldwide from civil strife, wars, earthquakes, poverty, and floods, we must thank God for providing us with Cyprus’ earth paradise. Weather – Underestimated by many of us how the good weather affects us psychologically.
More
History taught us that nobody is bigger than the market, except John Pierpont (JP) Morgan a century ago in New York through the Gilded Age and industrial consolidation. Now Turkish President Recep Tayyip Erdogan thinks he is the same. He vowed to impose his economic doctrine and declared economic war of independence against the advice
More
Despite Cypriot consumers paying a high price for the delays in the arrival of natural gas, a jump in the market price has played out in Cyprus’ favour. The island is one of the three EU countries, along with Finland and Malta, which does not use natural gas for electricity production. With the international price
More
The new Covid-19 variant will temporarily wobble financial markets, but concerns will be quickly shrugged off, said the CEO of a leading financial advisory and fintech. The new Covid-19 strain discovered in southern Africa weighed on global markets on Thursday. Travel stocks, hospitality firms, and bank stocks were amongst the hardest hit. “Experts are determining
More
Cyprus reported one coronavirus death on Friday, the first this week and the sixth this month, as new daily cases dropped to 451, while patient hospitalisations increased again, to 116. The health ministry said in its daily Covid bulletin that a 47 year old man was the latest victim of the virus, raising the death
More
