Cyprus has opted to stay out of the running for the top post at the world shipping body, with seven candidates put forward by their host countries, in what could be a trans-continental race. Already, the challengers from Finland and China seem to be the front runners for Secretary General of the International Maritime Organisation
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The European Central Bank’s next interest rate decision will be based on inflation data, although a hike is likely, Philip Lane, chief economist and member of the ECB’s executive board, told CNA. Lane, visiting Cyprus, said euro area banks are under strict supervision by the ECB and have high capital and liquidity ratios to face
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A village in Larnaca was one of the most important copper trading hubs of the Late Bronze Age, a study by archaeologists at the University of Gothenburg revealed. According to a paper published in the Journal of Archaeological Science, Hala Sultan Tekke’s strategic location and abundant copper reserves in present-day Larnaca turned it into a
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An administrative probe into policing the Apollon-Anorthosis basketball game that turned violent two weeks ago concludes the force underestimated the risk of trouble. Justice Minister Anna Koukkides Procopiou ordered the probe after hooligans smashed Nicosia’s Eleftheria indoor stadium and torched the nearby offices of the Cyprus Public Transport Company during the basketball Final Four Cup
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Egyptian President Abdel-Fattah El-Sisi and President Nikos Christodoulides agreed to launch a cooperation forum between the two nations to strengthen their bilateral relations. Christodoulides chose Egypt for his first official visit outside Europe to focus on enhancing the energy and security alliance between Nicosia and Cairo. On Wednesday, he met el-Sisi and expressed his determination
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British Forces Cyprus officials look forward to more opportunities to train alongside the National Guard (NG) after a successful joint exercise outside of Nicosia. Explosive Ordinance Device (EOD) experts from British Bases and the National Guard were involved. According to Warrant Officer 1, Stu Dickson from RAF Akrotiri’s Ammunition Troop, the opportunity to share expertise
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Cyprus ranks high in terms of prematurity, as more than one in ten births are premature, according to a workshop held in Nicosia. At the two-day workshop, with the participation of 40 organisations, the support of the World Health Organization-European Region and the International Federation of Gynaecology and Obstetrics (FIGO), deliberations concentrated on developing a strategy
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Health authorities are working around the clock to get private hospitals to operate Accident and Emergency departments as part of the General Healthcare System. The Health Insurance Organisation is conducting intensive consultations to close pending issues before the summer, including contracting Accident and Emergency departments at private hospitals and introducing innovative medicine. The most important
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In the fourth quarter of 2022, annual house prices in Cyprus increased by 4.4% but dropped by 4.0% compared to the third quarter, according to Eurostat. On the EU level, during Q4 2022, compared to 2021, there was a 2.5% rise in rents and a 3.6% increase in house prices. Compared with Q3 2022, house
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By Craig Erlam Equity markets are treading water in the middle of the week as investors weigh up what is next for the Fed following the surprise decline in JOLTS job openings, how much further the RBNZ will go in light of Wednesday’s decision and what the OPEC+ cut means for oil prices and inflation.
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