Cyprus health officials announced 63 new cases of SARS-CoV-2 on Sunday after a rollercoaster week that saw daily cases spike to 202 on Saturday, due to clusters linked to cafés and shisha bars popular among university students. Sunday was also the first day of stricter measures for Limassol where a curfew was imposed forcing all
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By Stefan Nolte The future of the world’s biggest economy is uncertain as social and political unrest keep growing. COVID-19 has ended the global economy as we knew it, and the pandemic continues to evolve. There aren’t many assets that will do well in this environment, but silver might be one of the best. This
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Incumbent Mustafa Akinci and Ankara’s chosen Ersin Tatar cast their votes Sunday in the second round of elections for Turkish Cypriot leader that could also revive peace talks on the divided island or halt them for good. In comments after voting, Akinci said that events happened that shouldn’t have and hoped they would never occur
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The entrapment video by the sensationalist broadcaster Al Jazeera may have disturbed some people, but it was a wake-up call for Cyprus society that continues to live in Lalaland, unwilling to rock the boat or challenge the establishment. We have heard countless “I will support you” from politicians – it’s their favourite phrase. But is
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There are parameters which show that the time is ripe, at least for an initial examination, for the creation of small-scale real estate funds in Cyprus. The set-up of such funds started a few years ago, but on a large scale set up by mainly financiers and some individuals/agents based on mainly foreign international investors.
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Cyprus is fighting a losing battle in containing a much larger second wave of coronavirus after recording a record 202 COVID-19 cases on Saturday. The figure is double the 94 cases on Friday and suggests the virus is spreading at a rapid pace as Cypriots fail to follow hygiene and social distancing protocols. With the
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Cyprus is laying plans to introduce a railway network to connect major towns while also favouring a tram system to ease urban congestion to buffer climate change. In September, Transport Minister Yiannis Karousos told his EU colleagues during a digital conference on innovative rail transport, that Cyprus favours the resurrection of a railway line, but
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As Cyprus tackles an unprecedented jump in coronavirus cases, measures limiting household and social gatherings will be enforced nationally while Limassol restaurants must close at 10.30 pm. New measures come into force on Sunday for two weeks in an attempt to contain COVID-19 after cases hit a record 104 on Thursday. Health Minister Constantinos Ioannou
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Bitcoin’s price is set to “surge before the end of 2020” with investors keen not to “sleepwalk” through a 2017-style mini-boom, said Nigel Green, chief executive of one of the world’s largest independent financial advisory and fintech organisations. The deVere Group CEO and founder, which has $12 bln under advisement, said that Bitcoin, already one
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The Covid-19 situation is clearly out of control with complacency and general stupidity jeopardising public safety. Fears of imposing a second lockdown are very real, which this time could be harsher on the economy as the government is fast running out of money, its revenues have dropped and cannot support further furlough schemes or subsidies.
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