Bad weather on the way

Bad weather on the way

A group of tourists walk in the rain in Nicosia on November 21, 2014. The weather service predicted rain and occasional thunderstorms for the weekend but a rise in temperatures on Sunday (Photo Christos Theodorides)

NEWS

Local News November 22, 2014

CBC chief’s note on contract changes still missing

CBC chief’s note on contract changes still missing

By Angelos Anastasiou

FORMER presidential media adviser Makarios Droushiotis will be called to explain the whereabouts of a note Central Bank governor Chrystalla Georghadji claimed she had attached to her employment contract when she returned it for President Nicos Anastasiades’ signature, it emerged on Thursday.

In a letter of response addressed to the House Ethics committee, head of the President’s Office Panayiotis Antoniou said no such note was found in the archived documents received from Georghadji.

On Tuesday, Antoniou had…

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Sport November 21, 2014

Monfils beats Federer as France draw level

Monfils beats Federer as France draw level

By Julien Pretot

Gael Monfils upset Roger Federer 6-1 6-4 6-3 to help France level the Davis Cup final with Switzerland 1-1 on Friday.

After Stan Wawrinka gave the Swiss a 1-0 lead by beating Jo-Wilfried Tsonga 6-1 3-6 6-3 6-2, Monfils was at his best against world number two Federer who has recently been hampered by back problems.

The doubles will be played on Saturday, with the reverse singles on Sunday on the clay of the Pierre Mauroy stadium. Read More

International News November 21, 2014

US House will fight Obama’s immigration action

US House will fight Obama’s immigration action

By Amanda Becker

US House Speaker John Boehner said on Friday that President Barack Obama’s executive action on immigration has sabotaged chances for bipartisan legislation.

Boehner said House Republicans intend to fight the president’s action, which was announced on Thursday, but did not detail a course of action. He indicated Obama’s decision to use his executive authority and bypass the US Congress, where immigration legislation has stalled, could taint future efforts.

“All year long I have warned the president that…

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International News November 21, 2014

US, Iran in last-ditch bid to clinch historic nuclear deal

US, Iran in last-ditch bid to clinch historic nuclear deal

By Jonathan Allen and John Irish

Iran and the United States on Friday intensified efforts to overcome deep divisions in talks on Tehran’s nuclear programme days ahead of a deadline for agreement.

With the deadline for a deal to defuse a 12-year stand-off over Iran’s nuclear ambitions due to expire on Monday, US Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif unexpectedly met for a second time in Vienna on Friday evening.

The United States, Britain,…

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International News November 21, 2014

US Biden voices support for Ukraine, denounces Russia’s Putin

US Biden voices support for Ukraine, denounces Russia’s Putin

By Alessandra Prentice

US Vice President Joe Biden on Friday condemned Russia’s behaviour in Ukraine as “unacceptable” and urged Moscow to abide by a September peace deal and pull military forces out of the country.

Addressing himself rhetorically to Russian President Vladimir Putin after holding talks with Ukrainian President Petro Poroshenko, Biden said: “Do what you agreed to do, Mr. Putin.”

The high-level US visit to Kiev took place with diplomatic efforts stalled on ways of restarting the peace deal…

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Motoring Sport November 21, 2014

Advantage Hamilton in Abu Dhabi practice

Advantage Hamilton in Abu Dhabi practice

By Alan Baldwin

Lewis Hamilton claimed an early advantage over Mercedes team-mate and title rival Nico Rosberg on Friday with the fastest lap in practice for Formula One’s season-ending Abu Dhabi Grand Prix.

The Briton, chasing his second title, was quickest in the afternoon and after-dark floodlit sessions at the glittering Yas Marina circuit that hosts Sunday’s decisive ‘duel in the desert’.

The bragging rights were limited, however, by the slender margin between the two with Hamilton 0.133 faster in…

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Local News Business November 21, 2014

CY board absent in time of crisis

CY board absent in time of crisis

Cyprus Airways (CY) chairman Makis Constantinides said on Friday he could not get the necessary number of board members to meet and discuss a plan he drafted in a bid to rescue the ailing airline.

“I prepared a new plan. I am trying to do something with the board, the board is not available for certain reasons and this is not what’s best and it is annoying,” he told the Cyprus News Agency.

The necessary quorum is five out of…

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Entertainment What's On November 21, 2014

A triangle of music

A triangle of music

ON MONDAY the Pharos Arts Foundation will present a concert with international rising opera star Cypriot soprano Zoe Nicolaidou, clarinettist George Georgiou and pianist Annini Tsiouti at the Shoe Factory in Nicosia as part of its Cyprus Artists Series.

The three artists will come together to perform a diverse programme with chamber music, songs and Lieder by Schubert, Spohr, Villa-Lobos, Weiner, Lovreglio and the world premier of Guyot’s Liber baruch. Nicolaidou studied at the Academy of Fine Arts in Vienna…

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International News November 21, 2014

Zimbabwe stadium church service stampede kills 11- (Update 1)

Zimbabwe stadium church service stampede kills 11- (Update 1)

By MacDonald Dzirutwe

Eleven people were killed and dozens injured in a stampede at a stadium in Zimbabwe, as thousands of people at a church service tried to leave through the same exit, police said on Friday.

Around 30,000 people packed into a stadium in Kwekwe, 213 km west of Harare, on Thursday evening to listen to Walter Magaya, a pastor who draws huge crowds, Senior Assistant Commissioner Shadreck Mubaiwa told Reuters.

When the service ended the congregation rushed towards…

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Local News Business November 21, 2014

Laiki bond redemption reduces public debt to 18.2 billion

Laiki bond redemption reduces public debt to 18.2 billion

By Stelios Orphanides

Cyprus saw government debt fall in the third quarter of the year by 956 million euros to 18.2 billion euros after it redeemed part of the bond issued to recapitalise Cyprus Popular Bank in 2012, the finance ministry said.

“In July the republic redeemed part of the bank recapitalization bond for €950 million,” the ministry’s public debt management office said in a statement on its website today.

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International News Comment November 21, 2014

How to avoid the climate change storm

How to avoid the climate change storm

By Rajendra K. Pachauri

Humanity has a critical choice to make. We can continue to ignore the gathering threat of climate change and face growing peril from an increasingly unstable climate system, or we can embrace the many options we have to adapt to and mitigate climate change, and, in the process, build a world that we will be proud to leave to future generations.

During the past 14 months, the Intergovernmental Panel on Climate Change has released four major…

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Local News Business November 21, 2014

Central bank to investigate failed Laiki’s ELA (Updated)

Central bank to investigate failed Laiki’s ELA (Updated)

By Stelios Orphanides

The Central Bank of Cyprus will investigate how Laiki Bank received emergency liquidity assistance of more than 9 billion euros, it was announced on Friday.

A statement issued by the CBC said the board’s audit committee, comprising of non executive members, will investigate the manner in which ELA worth more than half the island’s GDP was granted to Laiki, which collapsed in March 2013.

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International News November 21, 2014

Nigerian village buries 45 after Boko Haram ‘slaughter’

Nigerian village buries 45 after Boko Haram ‘slaughter’

By Bate Felix

At least 45 people were killed in a Boko Haram reprisal attack on a village in northeastern Nigeria, the epicentre of the Islamists’ five-year insurgency, the head of the local government and a military source said on Friday.

The military source said the militants stormed the village in Wednesday’s attack to avenge four of their members who had wandered into the market but were identified and killed by soldiers in a gun fight.

“The Boko Haram militants…

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International News November 21, 2014

Israel says Hamas planned to assassinate Lieberman in West Bank

Israel says Hamas planned to assassinate Lieberman in West Bank

By Dan Williams

Israel has arrested four Palestinians suspected of planning to kill Foreign Minister Avigdor Lieberman with an anti-tank rocket while he drove to his Jewish settlement in the occupied West Bank, Israeli officials say.

The alleged Hamas plot was hatched during the July-August war in Gaza. Its disclosure comes as ties fray between Israel and US-backed Palestinian President Mahmoud Abbas, who is based in the West Bank, over a contested Jerusalem shrine.

A statement by Israel’s domestic intelligence…

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Local News November 21, 2014

Woman almost dies in fire from candles she used after power cut (updated)

Woman almost dies in fire from candles she used after power cut (updated)

By Constantinos Psillides

A 35-year old mother of five risked burning alive on Friday after her bedroom caught fire from candles she lit because her electricity had been cut, the fire service said.

Spokesperson Liza Kemidji told the Cyprus Mail that the woman’s apartment in the Agios Nicolaos area in Limassol suffered extensive damage due to the fire. The 35-year old reported the fire at 5am

The children were not in the house at the time. They have been under…

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Local News November 21, 2014

DIKO asks Vergas to quit

DIKO asks Vergas to quit

DIKO chairman Nicolas Papadopoulos has asked Paphos mayor Savvas Vergas, a member of his party, to resign his post, it was announced on Friday.

In a written statement, the party said Papadopoulos had called Vergas on Thursday and suggested he resigned his post “so as not to affect the smooth operation of the municipality after the parties that make up the council decided to terminate their co-operation with him and abstain from meetings.”

EDEK was the first of the big…

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English Premier League Sport November 21, 2014

Injury-plagued Man United face tough trip to Arsenal

Injury-plagued Man United face tough trip to Arsenal

By Sam Holden

Manchester United manager Louis van Gaal will delve into the depths of his squad for the visit to Arsenal in the Premier League on Saturday (7.30pm), as an injury crisis engulfs Old Trafford.

So often it has been Arsene Wenger cursing his luck after key players have been crocked ahead of big matches but this time it is United who will be missing a number of players at the Emirates Stadium.

United are exposed at the back,…

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Local News November 21, 2014

Troodos area of great importance to researchers

Troodos area of great importance to researchers

THE cabinet has approved the application for membership of the European Geoparks Network for the Troodos area.
A Geopark is a unified area with geological heritage of international significance.
Geoparks promote awareness of geological hazards, including volcanoes, earthquakes and tsunamis and many help prepare disaster mitigation strategies among local communities. They hold records of past climate change and are educators on current climate change, as well as adopting a best practice approach to utilising renewable energy and employing…

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Local News Business November 21, 2014

BoC enlists heavyweight banker Ackermann for “peanuts”

BoC enlists heavyweight banker Ackermann for “peanuts”

By Stelios Orphanides

At his last banking job at the Deutsche Bank, which he quit in May 2012, Josef Ackermann earned around 6.3 million euros in 2011 and 2.4 million euros in 2012.

This amount included a non-performance related annual salary of 1.65 million euros as well as additional bonuses in cash and equity, according to Deutsche Bank’s 2012 annual report.

Now, as chairman of Bank of Cyprus, the Swiss banker, will earn as little as 68,000 euros a year,…

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Archives

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