A deadly explosion in close proximity to the Turkish parliament building in Ankara killed at least 28 and injured 61 people during rush hour on February 17th, said Turkey’s deputy prime minister. The explosion in Ankara was followed shortly afterwards by another bomb attack at 8.30am on February 18th against a Turkish military convoy in Diyarbakir, a Kurdish […]
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Dust levels have risen over the limit of 55 micrograms per cubic metre, meaning that people with respiratory problems, allergies, and especially children and pensioners should stay indoors until the dust cloud passes. Currently the levels are reaching up to 67 mg per cubic metre. Symptoms of dust allergies include wheezing, burning eyes, and sinus […]
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The more things change, the more they stay the same, as the popular saying goes. It’s ringing true. Former UN Secretary-General Boutros Boutros Ghali has died at the age of 93, and the Cyprus problem remains unsolved, 24 years after he proposed his Set of Ideas for a reunification deal to then-president George Vassiliou and […]
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The raging propaganda war and hostile relations between Russia and Turkey reached new levels today when state news agency Anadolu reported that Russia had bombed two hospitals and a school in Syria. Russia bluntly denied it, saying the allegations are unfounded, and pointing the finger at Turkey, which is bombing Kurdish fighters in northern Syria, […]
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The European Commission has launched a new platform to help consumers and traders solve online disputes over online purchases. The Online Dispute Resolution (ODR) platform offers a single point of entry that allows EU consumers and traders to settle their disputes for both domestic and cross-border online purchases. This is done by channeling the disputes to national […]
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The Independent newspaper said it will shut down its print version next month and focus the new operation on its digital versions, and in my opinion, this is the first of many majors to make the courageous move. I’m a big fan of The Independent, mainly because of the quality of its content and independent […]
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The attempted suicide by a Palestinian asylum-seeker held at Menoyia refugee camp in Larnaca has triggered renewed calls for all illegally-detained migrants to be released, said the anti-racist non-government organisation KISA. There are EU citizens, asylum-seekers, Cypriots and other undocumented migrants being detained at Menoyia, and the head of the Asylum Service, Mr. Polydorou has […]
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It’s a contradiction that having more will make you happy as it can make you insecure and afraid losing what you have. Health and wealth are no guarantees for a great life when you are still concerned about poverty and disease. The more effort you make and the harder you work will leave you with […]
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FXTM Research Analyst Lukman Otunuga comments on investors being left empty handed following the disappointing oil production freeze agreement between Russia and Saudi Arabia. Oil prices swung violently before noticeably declining during trading on Tuesday following the disappointing production freeze agreement between top oil exporters Russia and Saudi Arabia which left investors empty handed. Not only has […]
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Cyprus has launched round three in its bid to find undersea oil and gas in its Exclusive Economic Zone (EEZ), said Government Spokesman Nicos Christodoulides. Hydrocarbons are the emerging sector in the regional economy after Cyprus, Israel and Egypt discovered large reserves. This has led to new and closer alliances between Cyprus, Greece and Israel. […]
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FXTM Chief Market Analyst Jameel Ahmad comments on the latest developments in the trading markets. All eyes remain on WTI oil The major focus of the market headlines on Tuesday has been the reaction to the oil markets after the oil ministers from three separate OPEC committee members agreed to freeze oil output at January levels, as […]
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Let’s face it, both the right-and-left-wing camps have been completely confused by the turmoil in the world economy in the last decade, it seems that nobody had the answers to the massive social and financial trauma, not even money could help because its value kept falling. The concept of compassionate capitalism is receiving more attention […]
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Larnaca resident Andreas Pavlou, 18, was killed in a motorcycle accident at 8:15 on February 14th, making it the third road fatality in 48 hours and the fourth within a week. The unlucky teenager was driving a powerful motorcycle on Spyros Kyprianou Avenue towards the Nea Salamina roundabout in Larnaca when he was hit by […]
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Cyprus’ fourth-quarter GDP (2015) rose to 2.4 percent compared to minus 1.8 percent for the same quarter in 2014, said the Cyprus Statistical Service (CySTAT) in a flash estimate. The actual positive GDP growth for Q4 2015 on an annual basis is 0.6 percent. The growth rate in the third quarter was 2.3 percent year-on-year, […]
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Cyprus is monitoring the situation in Syria on a daily basis and is concerned about the latest developments, after Turkey started shelling YPG Kurdish fighters in northern Syria, commented Government Spokesman Nicos Christodoulides. Ankara has been heavily criticised for buying oil from ISIS and for attacking Kurdish forces which are battling the terrorists. The Turkish […]
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