House President Demetris Christofias is absolutely right in suggesting we leave the passive approach and embark on an aggressive foreign policy agenda as Cyprus counts the falling number of friends and allies. This is imperative if we are ever to get ourselves out of the political quagmire we find ourselves stuck in. Cyprus needs friends,
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Schneider Electric has completed the acquisition of Pelco, a worldwide leader in the design, development and manufacturing of video security systems. With this acquisition, Schneider Electric significantly reinforces the offering of its Building Automation business, which encompasses power and HVAC control, electronic security and fire safety, and increases its ability to provide integrated solutions. Schneider
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Panda Security has launched Panda Security for Internet Transactions, an antifraud service for online transactions to protect clients of e-banking, pay-platforms and e-commerce against active malware. Banks and businesses will be able to scan PCs to ensure that users launching transactions on their websites are not affected by any malicious code. This eliminates the risk
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United Nations Secretary General Ban Ki – moon urged the leaders of the Greek Cypriot and the Turkish Cypriot side to engage in dialogue with a view to fully implement the July 8 agreement reached in 2006. In a meeting Tuesday in New York with Turkish Cypriot leader Mehmet Ali Talat, Ban Ki – moon
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The Cypriot captain of a Greek-registered cargo ship carrying coal, the Diamond One, went missing Wednesday after another vessel crashed into the ship causing it to sink one nautical mile outside of the port of Thessaloniki. The Panama-flagged vessel Dubai Guardian collided with the Diamond 1 at 1150 local time (0850 GMT) and the latter
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The number of active accounts trading at least once during September 2007 fell to 7039 compared to 10775 in May 2007 while the daily average of active accounts on the CSE in September was also down at 988 compared to 1528 in May. The active investors’ shares mobility also fell from 2.98 to 2.81 according
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Cypriot tennis player Marcos Baghdatis passed into the second round of the Madrid Masters Tournament on Monday, by beating Romanian Andrei Pavel, ranking 82nd, 2-1 set. Baghdatis won the first set with 6-3, lost the second by 4-6 and won the third with 6-1. In the second round, Baghdatis will be playing against Spaniard Rafael
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The Cyprus Chamber of Commerce and Industry (CCCI) plays a very important role in the economic development of the country, through programmes to attract foreign investment and capital and promoting the country as a hub for commercial and industrial activity, President Tassos Papadopoulos said here tonight, in an address to the Annual General Meeting to
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The Cyprus Chamber of Commerce and Industry (CCCI), comprising over 8,000 enterprises – members from the whole spectrum of the Cypriot business activity, held its Annual General Meeting today marking 80 years of operation. In his speech, Chairman of the CCCI or KEVE as its known in Greek, Manthos Mavromatis, presented a series of proposals
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In September 2006, the Trustees of the AremisSoft Corporation Liquidating Trust filed civil actions against Bank of Cyprus and other European banks in connection with accounts maintained at Bank of Cyprus and other European banks by AremisSoft, Lycourgos Kyprianou, the ex-President and Managing Director of AremisSoft, and his wife. In August 2007, a federal judge
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