Cyprus has seen a surge of COVID-19 cases going above 200 after nearly two months below this threshold, while the number of hospital patients dropped and there were no deaths on Saturday. Saturday’s coronavirus cases were 243, a drop on the previous day’s 272 but still relatively high compared to the average in recent weeks.
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Every day the pandemic endures, we go a little crazier in the knowledge that normality has turned upside down, and we ignore the virus at our peril. The lockdown has eased with all schools opening within the next two weeks, while one-on-one downtime is allowed at the gym if you can afford a personal trainer.
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By Michael Olympios Events in recent months have become so appalling with Cyprus’ political corruption, leaving many wondering if its deleterious effects spilt over into the real economy. The investigation commission is about to release an interim report next month. It is almost certain that it will reveal how the ‘golden passports’ scheme was conducted.
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Cyprus hopes to attract direct investment after tweaking a Double Taxation Avoidance treaty with Germany, making it harder for foreign firms to set up shell companies on the island. Last week Cyprus and Germany signed a protocol amending the Convention for the Avoidance of Double Taxation concerning Taxes on Income and Capital between the two
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By Prof Philippos Patsalis Heart disease is a major health issue worldwide. February is established as the month of heart health awareness in the US, UK, and other countries to raise public awareness about cardiovascular health. For the past 30 years, cardiovascular disease has been the number one cause of death worldwide and the leading
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Cyprus is struggling to control the coronavirus pandemic with new cases soaring to a 7-week high of 272 on Friday, suggesting that the recent relaxation of lockdown restrictions have backfired. Retail stores gradually reopened two weeks ago and the majority of employees returned to work, as elementary school pupils and lyceum graduating students were back
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Cyprus was under pressure Friday to withdraw its Eurovision Song Contest entry after an anonymous caller threatened to ‘burn down’ national broadcaster CyBC while theologians blasted the tune ‘blasphemous’. The song ‘El Diablo’ (Spanish for the devil), performed by Greek singer Elena Tsagrinou, has faced criticism over its title and English lyrics since aired in
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Owners of restaurants, cafés, bars and clubs staged a protest in front of the Presidential Palace on Friday, saying the government decision to keep their businesses closed for two more weeks in order to control the coronavirus spread was unfair. They said their establishments have been shut since early December. Members of the association of
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By Han Tan, Market Analyst at FXTM US futures point to more declines 10-year yields moderating after 1.60% breach Bond market’s message outshining Fed rhetoric for now Gold extends 2021 decline The surge in Treasury yields sent shockwaves across broader markets on Thursday, with 10-year yields briefly breaking the 1.60% mark to hit a new
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Although Cyprus is succeeding in containing the second wave of coronavirus, Limassol infections are soaring, accounting for 70% of all COVID-19 cases, threatening to reverse progress made in recent months. Cyprus’ 14-day cumulative rate was 614.3 per 100,000 in December. It has dropped to 164, according to the Health Ministry’s surveillance report. However, the virus
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