Cryptocurrency volatility is not necessarily a bad thing – but it could be, if your investment decisions are driven by the whims of Elon Musk, said the CEO of a leading financial advisory and fintech. Bitcoin, the biggest cryptocurrency by market capitalisation, regained some ground after falling to a four-month low. BTC dropped by nearly
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Cyprus has warned Brussels it is in a state of emergency due to migrant streams from Syria while reception centres are overflowing, Interior Minister Nicos Nouris said Friday. The Cypriot minister said he notified the European Commission, warning there is no capacity on the island to host more irregular migrants. Speaking during a village tour,
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The International Tennis Federation (ITF) has approved Cyprus Tennis Federation’s request to host the Davis Cup Europe Group III. This year Cyprus will host the Davis Cup at the Herodotou Tennis Academy, based in Meneou, between 14-20 June. The other seven competing nations include Georgia, Ireland, Iceland, Luxembourg, Malta, and Monaco. Lichtenstein withdrew from the
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A 39-year-old British woman is currently being treated in ICU following a blood clotting incident, which authorities are looking into whether it could be linked to AstraZeneca’s COVID-19 vaccine. The woman, treated at Nicosia General, had received the first dose of the vaccine two weeks ago in Paphos, with health authorities also looking into her
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Cypriots can start packing for a summer vacation in the 27-member EU without having to worry about quarantine, as the bloc agreed to electronic COVID-19 certificates. Called “green certificates” by the European Commission, the pass is designed to allow restriction-free travel within the EU ahead of the busy summer holiday season. EU legislators came to a
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Cyprus is off the ‘dark red’ list of the European Centre for Disease Prevention and Control (ECDC) categorisation, as its COVID 14-day cumulative rate dropped below the safety limit of 500 per 100,000 residents for the first time. According to the Health Ministry latest weekly epidemiological report released on Friday, the island has succeeded in
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Two people died of COVID-19 on Thursday, making May the third deadliest month, while daily coronavirus infections dropped below 100 to 76, as health authorities push for a faster vaccination rollout. The two elderly people, a 97 year old man and an 89 year old woman, raised the death toll for May to 38 and
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Cyprus health authorities have opened an investigation after a 39-year-old British woman suffered a serious thrombotic episode days after taking an AstraZeneca jab. The woman is being treated at Nicosia General Hospital as officials try to discover whether her condition is linked to being vaccinated. In statements to CNA, Helena Panayiotopoulou, acting director of the
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The shipping sector showed “tremendous resilience” in supporting the Cypriot economy amid the coronavirus pandemic; President Nicos Anastasiades told the annual meeting of shipowners and shipmanagers on Thursday. He praised the maritime community in his address to the virtual annual general meeting of the Cyprus Shipping Chamber. “Our country’s maritime sector managed to maintain its
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Cyprus has not abandoned the idea of promoting a scrappage scheme to get older cars off the road for electric vehicles, despite having to withdraw a previous one due to the economic impact of coronavirus. In comments to the website Stockwatch, Ministry of Transport permanent secretary Stavros Michael said the scheme would find its way
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