Revelations that the suspect accused of killing his wife and son on Thursday in a village near Nicosia, had killed again – a ten-year-old girl when he was a teenager – sent shockwaves through Cypriot society, which has witnessed an increase cases of domestic violence in recent years. Media reports suggest that the 59-year-old suspect,
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Cyprus is forging ahead with its vaccination program, reaching the over 75s after vaccinating nearly 5% of the population including care home residents and frontline health workers. Health Minister Constantinos Ioannou told a news conference Friday that 41,673 people have been vaccinated against the coronavirus, of which 14,105 have received both doses. Cyprus – with
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Limassol port has lost business in the four years since it was privatised, due to higher rates and competition from rival destinations, the owner and regulator told parliament this week with Opposition AKEL blasting the government for selling national assets. The Transport Ministry refuted these claims, saying the state has so far earned some €200
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By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares found comfort just below record highs on Friday, with trading volumes low as markets in the region were closed for the Lunar Year holiday. The S&P 500 and Nasdaq eked out modest gains on Thursday, just shy of record highs amid the risk-on mood. In
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The top ten international banks, including industry leaders HSBC and Citi, cumulatively lost $23.01 bln in brand value in 2020, research has shown. Data compiled by Trading Platforms UK indicates that the banks recorded a total brand value of $98.12 bln, representing a drop of 18.99% compared to 2019’s $121.13 bln figure. HSBC had the
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By Michael Olympios Joe Biden is no stranger to the State Department, during his first visit last week in his capacity as the new commander in chief, left many in Europe breathe a sigh of relief. “America is back,” he was quoted as saying twice. President Biden opened his remarks regarding the new Secretary of State, Tony
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Cyprus reported one coronavirus death on Thursday, 103 new cases and a steady number of 94 patients hospitalised for COVID-19 treatment, as the health authorities gave the green light for the AstraZeneca vaccine to be administered to elderly patients as well. The World Health Organisation’s go-ahead for the vaccine to be used for all ages
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Cyprus’ Finance Ministry has welcomed the European Commission winter forecast indicating the recession in 2020 was less severe than first predicted with the economy shrinking 5.8% GDP due to the pandemic. Nicosia is pleased as Brussels revised its economic recession downward from -6.2% GDP in its autumn forecast, coming closer to the government’s projection of
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Following the collapse of the Cyprus Citizenship for Investment Scheme, developers of large projects urge the government to make the residency programme “more functional and easily accessible”. The Association of Large Investment Projects (ALIP) and the Land and Building Developers Association (LBDA) have sent a letter to the foreign and interior ministers with suggestions to
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The World Health Organisation has given the go-ahead for AstraZeneca’s COVID-19 vaccine to be used for all ages, ending a discussion on whether it should be given to those aged over 65 or not. WHO’s decision also vindicates Cyprus’ health authorities decided to use AstraZeneca on the elderly, offering them protection from the virus. The
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