Scientists are sounding the alarm over the more transmissible coronavirus Omicron variant, saying it will soon be pushing daily COVID-19 cases to new heights in Cyprus, exerting more strain on the island’s health system. Dr Peter Karayiannis, virologist and advisor to the government on COVID-19, told Alpha TV that he expected daily cases to exceed
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Last minute shoppers saved Christmas for retailers who went from reporting another dismal holiday season, to seeing their turnover increase by 7-7.5% compared to last year. Cypriots’ habit of leaving shopping for Christmas, the busiest time of the year, to the last minute has put 2021 ahead of 2020, and just behind 2019, according to
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Investors need to brace themselves for three major headwinds in 2022 and a failure to take action could result in a ‘hammer blow’ to their finances, warns the CEO of a global financial advisory giant. This is the stark warning from Nigel Green of deVere Group, which has $12 bln under advisement, as investors look
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Cyprus reported no coronavirus deaths on Sunday, an increase in hospitalisations to 162 and a significant rise in new daily cases to 912, above 900 for the third time in a week. The health ministry said the death toll since the pandemic started remained unchanged at 628, of whom 31 were in December, up from
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With the United States economy facing uncertainty due to the long-term impact of the pandemic and other factors like skyrocketing inflation, the stock market appears to be thriving. The market’s growth is exhibited by the valuation that has continued to surge in 2021. According to data acquired by Finbold, in the first three quarters of
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Bitcoin panic-sellers are “practically giving away” their cryptocurrencies to wealthy buyers who will use the digital assets as an inflation shield, believes the CEO of a global financial giant. Digital currencies fell in price sharply earlier this month before regaining some ground, with deVere Group’s game-changing chief executive Nigel Green saying, “the recent selloff was
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Amid the economic turmoil initiated by the pandemic, major United States stock exchanges have continued to dominate the world equity market. However, despite the dominance, major U.S. exchanges are delisting companies due to a range of factors. According to data acquired by Finbold, a total of 179 companies have been delisted from the major U.S.
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Cyprus identified 63 new cases of the coronavirus Omicron variant, half of which were airport arrivals. This follows the 33 discovered earlier this month, with 25 linked to students from a Limassol technical school returning from the U.K., while a further eight were reported to have travelled to other destinations in recent weeks. The health ministry said
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Cyprus reported one coronavirus death on Saturday, a decrease in hospitalisations to 157 and a significantly lower number of tests due to the Christmas holiday, resulting in fewer new daily cases of 268. A 76 year old man was the latest victim of the pandemic, raising the death toll to 628, of whom 31 were
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It wouldn’t be Christmas without a last-minute dash to the shops to panic-buy a gift you forgot for someone you supposedly love. This holiday season is almost a replica of last year, except the shopping malls opened. Nevertheless, a worrying coronavirus backdrop has invaded our lives and touched everything we do. The government has dampened
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