With global supply chains under immense pressure, concerns have been raised over whether Europe can rapidly shift to renewable energy technologies, like wind turbines and solar panels, which need considerable quantities of raw materials to manufacture. The EU’s industry and economy rely on international markets for access to many important raw materials since they are
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Offending motorists will be notified by mobile phone text to pay their fine once the House amends the Traffic Camera law demanded by the police. The police have pressured authorities to amend the law on delivering notifications for traffic violations, as the current practice of sending registered post is not paying off. Registered letters to
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Warren Buffett’s long-time business partner Charlie Munger is “making a fool of himself” for his “archaic, short-sighted and hypocritical” views on cryptocurrencies such as Bitcoin, according to leading financial advisor and fintech CEO. The legendary 99-year-old investor, Berkshire Hathaway Vice Chairman and vocal Bitcoin critic published an opinion piece in the Wall Street Journal, where
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As fuel prices start to rise after reaching their lowest ebb for a year, the outgoing government is considering extending a freeze on consumer tax at the pumps. In comments to Omega TV, government spokesperson Marios Pelekanos said the Cabinet would discuss the matter during its last meeting next Wednesday before handing over the keys
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The first shipment of medicines to earthquake-stricken Syria was sent on Thursday via the EU Civil Protection Mechanism via a Cyprus Airways flight to Beirut. From Beirut, the shipment will be transported to Syria under the responsibility of the European Civil Protection Mechanism. Local pharmaceutical company Medochemie donated the medicines. On Friday, another shipment of
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The European University of Cyprus was involved in a radical discovery that black holes are linked to dark energy and driving the universe’s expansion. According to observations of ancient, dormant galaxies with black holes at their centre, massive black holes could be the source of dark energy and expansion. The laws of physics suggest that
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Elected President Nikos Christodoulides is expected to continue the government’s fiscal discipline and rollout economic reform, said an analysis by rating agency Moody’s. The former foreign minister is described as independent and moderate after winning Sunday’s run-off with 51.9% of the popular vote, beating AKEL-backed Andreas Mavroyiannis. “Christodoulides’ term in office will be five years,
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Consumers will need to carry their shopping bags to the shops from Saturday as a near-total plastic bag ban comes into effect. According to the latest ban, plastic bags will no longer be sold at retail shop counters. The ban covers most businesses, such as pharmacies, kiosks, and supermarkets, while it will also apply to
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Following a two-week search, police have arrested the 22-year-old Syrian man wanted for the murder of his 21-year-old compatriot Alsweidani Ahmad in central Nicosia. Osama Aldheis — considered the prime suspect in the drug-related murder in the capital on Sunday, 5 February — was arrested late Wednesday. He appeared before a Nicosia district court on
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Cyprus records 42 new cancer cases among children a year, but the over 80% survival rates are among the best in the world, according to Dr Loizos Loizou, head of the Hope Foundation. Dr Loizou noted that in many cases, patients are sent abroad, mainly to Germany to university and other hospitals that have agreements with Cyprus.
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