A Russian collector attempting to sell on eBay a piece of Cyprus cultural heritage, marble from the ancient ruins of Salamis in Turkish-occupied Famagusta, was stopped by an activist. The online auction was aborted due to the intervention of Tasoula Hatzitofi, a Famagusta refugee, activist and author. An activist living in San Francisco alerted Hatzitofi
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Cyprus on Monday entered a thirds stage of exiting a second COVID-19 lockdown, as more school students returned to class with extra curriculum activities allowed and gyms reopening. Health Minister Constantinos Ioannou urged the public to stay vigilant as the good work achieved could be undone. “Today, we are taking another step in lifting restrictions.
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By Hussein Sayed, Chief Market Strategist at FXTM Equity markets are trying to recover from last week’s falls after rising bond yields took many investors by surprise. US 10-year Treasury yields climbed to a high of 1.61% on Thursday, representing a 70-basis point rally from the beginning of the year or a 77% gain. Japan’s
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In the last 24 hours, Limassol incurred the highest percentage of fines from the number of police checks for coronavirus violations, almost double that of other towns in Cyprus. The ratio of fines issued to individuals or business owners in relation to police COVID-19 checks reached 2.1% in Limassol, compared to the national average of
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There’s no better time than the present to consider buying a new car, as the impact of the coronavirus pandemic is causing bottlenecks at sale points, while the arrival of newer models and the turn to hybrid and electric cars have pushed prices down. Dealerships aren’t shy about offering deals on their inventory, even on
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Cyprus reported 283 new coronavirus cases on Sunday, ending a week of daily infections exceeding 200, instead of dropping to below or near 100 from the end of January. The health ministry said that 88 patients are being treated for COVID-19, while the number of critical cases remains steady at 24. Cyprus also did not
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By Costis Stambolis As work is in progress on the electric tie up between mainland Greece and the island of Crete, following completion in January of the first leg of the project with the laying of an underwater cable, the foundations have been laid for what will soon become a giant electricity arc spanning across half
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We are unlucky in many respects as we live in a country with financial troubles and many adverse side effects. The view to a better future is on track with an expectation of better things to come over the next 3-4 years. But for now, a lot of people are suffering. The heart-breaking municipal grocery
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A year ago today, Cyprus shut four crossings to the north to prevent coronavirus from reaching the Republic by land from Turkey via the Turkish occupied area while pondering to ban flights from Italy to stop infections coming in by air. COVID-19 was just about getting a regular mention in news bulletins. Though it was
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By Michael Olympios Natural gas exploration is a tough business. And its politics are often as complex as its engineering. Over the years, Cyprus tried to form a geostrategic alliance with Israel, Egypt, and Greece to realise its ambitions to become a regional energy hub without belligerent Turkey involved. But last week, two of its
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