Cyprus Defence Minister Savvas Angelides supports including the Eastern Mediterranean as an area for EU naval deployment due to the energy search there and Turkey’s illegal activities in the region. EU Defence Ministers discussed during an informal meeting, in Helsinki, ways to coordinate the deployment of their naval forces in “areas of interest” as part
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The Turtle Dove was once a very common farmland bird species. But over the last 30 years, its European population has decreased dramatically due to increasing pressure from intensive farming, poaching and hunting. According to the International Union for Conservation of Nature (IUCN), the species is now listed as Vulnerable, both globally and at European
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Despite being dumped out of the Champions League by Ajax, APOEL FC will see some EUR 9 mln flowing into the club’s coffers, making up for losses incurred from last year’s failure in Europe. APOEL found itself on the doorstep of the lucrative Champion League group stage, only to be knocked out after a 2-0
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A 62-year-old welder lost his life in a fire that broke out in an electricity generator production factory located in the industrial area of Nicosia. Two more workers were reported to have been treated at the Nicosia General Hospital with minor burns. The fire broke out Thursday morning after a reported explosion, with the Fire
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By Hussein Sayed, Chief Market Strategist at FXTM The rally in US equities on Wednesday failed to impress Asian investors. The Dow Jones Industrial Average rose 1% on Wednesday driven by the Basic Materials and Consumer Cyclical sectors, while the Nasdaq Composite ended the session only 0.38% higher as the Technology sector was left behind.
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Nicosia’s first military attaché to the US, Lieutenant Colonel Georgios Ioannou, has officially assumed his duties to strengthen bilateral relations and promote defence diplomacy between Cyprus and Washington. The new post is also a symbol of the growing partnership between Nicosia and the US especially in the geopolitics of the East Med. Ioannou had moved
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Melco has announced new career opportunities at the Cyprus Casinos satellite located in Paphos, the last of the four to open and is scheduled to begin operations by the end of 2019. The Paphos casino is seeking up to hire 30 capable and enthusiastic individuals to join its team at the new satellite casino in
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New financial products that will dramatically alter the investment landscape for US expats living in Cyprus and across the globe have been launched. Universal Access Bonds (UABs) are described as “a game changer” for American expats and US connected persons by the CEO of Woodbrook Group Holdings Michael Doherty. FACTA and stringent tax regulations over
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. By Xingyuan Huang On August 23, President Donald Trump tweeted that American companies are ordered to leave China or return to the US to set up factories. A day later, America announced that it would raise tariffs on about $550 bln worth of Chinese exports to the US by an additional 5%. Forcing US companies
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A strike in the key tourism industry during peak season was averted after hoteliers and unions came to an initial understanding on the renewal of collective agreements after the Labour Ministry intervened. Hoteliers and unions have reportedly come to an initial agreement after record 34-hour negotiations navigated by Labour Minister Zeta Emilianidou. The two sides
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