U.S. stocks are likely to enjoy an “impressive rally” this week as Republicans could take at least one chamber in the midterm elections on Tuesday, in which all U.S. House and term-expired Senate seats are voted on. “History teaches us that a sitting president’s party sheds some level of power during these elections, splitting the
More
Further development of the defence collaboration between Cyprus and Germany was highlighted by Defence Minister Charalambos Petrides and German counterpart Christine Lambrecht during her visit. Lambrecht recognised Cyprus’ consistent stance when imposing EU sanctions on Russia. “The consistency the EU has shown vis-à-vis President Putin and Russia is a very important message that we have sent, something
More
Archbishop Chrysostomos II, head of the Cyprus Orthodox Church, died on Monday at 81 after a four-year fight against cancer. According to his team of doctors, the outspoken head of the Church died peacefully in his sleep at 6:40 am. Chrysostomos had suffered liver cancer for the last four years and had his final days
More
Updating a Cyprus-Lebanon agreement on the demarcation of their exclusive economic zones (EEZ) was discussed by President Nicos Anastasiades and Lebanon’s Prime Minister Najib Mikati on the sidelines of the COP27 Summit. Government spokesman, Marios Pelekanos, said that during the meeting, “held in an extremely friendly atmosphere”, the excellent relations between the two countries were
More
New COVID infections and hospitalisations have steadily increased this past month, with only 20% of those eligible getting jabbed with the updated vaccine for the ΒΑ.1, ΒΑ.4 and ΒΑ.5 subvariants of Omicron. Vaccine immunity only lasts about 5 to 6 months, with the low uptake suggesting that complacency has kicked in once again. Experts say
More
When Putin launched his ‘special operation’ to dismantle Ukraine as a sovereign state, it soon became clear it would not be over by Christmas. The Kremlin war machine (not sanctioned by the Russian people) thought the invasion of its noisy neighbour would be over in a matter of days, if not weeks. It would roll
More
The Energy Ministry is holding intensive consultations with the licensed consortium for producing natural gas from Aphrodite by 2027 while a dispute with Israel is on the mend. Energy Minister Natasa Pilides on Friday briefed MPs on the government’s hydrocarbon search in budget discussions. She hopes for positive developments on the dispute with neighbouring Israel’s
More
As thousands of people from the Middle East and Africa cross the treacherous waters of the Mediterranean every day in search of a better life, some are bound to end up on our shores. Cyprus is at the crossroads of illegal migration, and thousands flock to the island annually, mostly through illegal crossings from the
More
Our protests about the non-functional common expenses law and related legal disputes are known and expressed through personal visits/interviews with ministers, Parliament and others. While the issue is very serious, and its results are obvious (non-maintenance of apartment buildings, non-functionality of common services, social problems between owners, etc.), we do not observe any particular action
More
Even with the implementation of the justice reform bills, it will take four to five years for the courts to clear the backlog of pending cases. But if parliament passes the various justice reform bills, delivering justice will be speeded up and improve the island’s poor reputation for huge delays. Supreme Court President Antonis Latsios
More
