Heart transplants from genetically modified pigs are the only solution to the acute global shortage of human organs for transplantation, said President of the Cyprus Heart Society, Dr Theodoros Christodoulides. Commenting on the first heart transplant performed from a genetically modified pig on a 57-year-old American, Dr Christodoulides said it is an “important and pioneering
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Cyprus Transport Ministry will launch a subsidy scheme for electric bicycles as part of the government’s urban mobility scheme to encourage the public to opt for greener and more sustainable means of transportation. The scheme starting on 17 January has a budget of €240,000 and is fully funded by the EU’s Recovery and Resilience Plan.
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In recent weeks, low-pressure weather systems bringing torrential rain have overturned fears of water shortages after dams capacity has risen to 60%. The first heavy rainfall to hit the island didn’t occur until mid-December, proving beneficial but still leaving dams less than half full. On 15 December, according to data, water stored in dams was
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Cyprus’ efforts to keep its air connectivity alive through the pandemic have worked after the island registered the third lowest decrease in passenger flights in the European Union in December. While airlines were scrapping routes due to COVID-19, the Mediterranean island ranked third lowest with a 9% decrease, behind Croatia and Greece, which recorded decreases
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Capacity at Famagusta General COVID-19 referral hospital is almost full at 96% following a recent spike in cases, while 81% of patients are unvaccinated. Amalia Hadjiyianni, scientific director of the hospital, told the Cyprus News Agency: ‘’Today 67 patients are being treated at Famagusta General Hospital, of whom 13 are in the Intensive Care Unit.’’ The
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Cyprus has room to improve in fighting money laundering and the financing of terrorism, despite ‘some’ progress recorded in the past year, the Council of Europe’s anti-money laundering body (Moneyval) said. According to a follow-up report by Moneyval: “Cyprus has made some progress in improving its level of compliance with Financial Action Task Force (FATF)
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By Lukman Otunuga, Senior Research Analyst at FXTM Most Asian shares ventured into negative territory on Thursday, while European stock markets opened up marginally lower after the December U.S. inflation report reinforced Fed rate hike expectations. The U.S. consumer price index (CPI) jumped 7% year-on-year, matching the median forecast from economists surveyed by Bloomberg and
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School teachers threaten strike action after the government changed its compulsory quarantine rules for close contacts of covid cases at schools, favouring daily tests for five consecutive days. From Monday until February 16, a ‘test to stay’ policy will be introduced in primary and secondary schools for close contacts of classmates who contract COVID-19. The
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Cyprus will tap the international markets on Thursday by issuing a €1 bln ten-year European Medium-Term Note (EMTN) to cover fiscal needs arising from the pandemic. The Finance Ministry said, “the Republic of Cyprus, rated BBB- (positive) by Standard and Poor’s, Ba1 (stable) by Moody’s, BBB- (stable) by Fitch and BBBL (positive) by DBRS, has
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Bitcoin, other cryptocurrencies and NFTs are more trusted than stocks to give investors better returns in 2022, according to a recent survey on a business networking platform. The poll taken by almost 6,000 individuals on LinkedIn – and tracked by more than 146,600 – since the beginning of the new year finds that 30% of
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