Food products made from insects

Food products made from insects

Crunchy honeycomb moth larvae in a store of Dutch supermarket chain Jumbo in Groningen, The Netherlands, October 31, 2014. From January 2015 onwards, products made of insects will be sold in all Jumbo stores throughout The Netherlands. EPA/REMKO DE WAAL

NEWS

Local News November 1, 2014

Biden vows to help restart Cyprus talks

Biden vows to help restart Cyprus talks

By Constantinos Psillides

US Vice President Joe Biden has expressed Washington’s intention to assume increased diplomatic action in order to facilitate the resumption of talks on the Cyprus problem, according to government spokesman Nicos Christodoulides.

In a written statement, Christodoulides said on Friday that Biden outlined this position during a long telephone conversation he had with President Nicos Anastasiades.

“During their conversation, President Anastasiades and Vice President Biden discussed the issue of the unacceptable violation by Turkey of the sovereign…

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Local News Business November 1, 2014

Hellenic Bank to issue €220m in new rights

Hellenic Bank to issue €220m in new rights

By Constantinos Psillides

HELLENIC Bank will proceed with increasing its share capital by approximately €220m to cover a shortfall derived from the EU-wide ‘stress test’ of about 130 banks last weekend.

The bank said on Friday that it will proceed with a rights issue for its existing shareholders to support the needs of the Group’s business plan, while at the same time reinforce the bank’s common equity tier 1 (CET1).

According to the statement, the bank “aims to proactively strengthen…

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Local News November 1, 2014

Public to learn about ‘pay-as-you-throw’ this month

Public to learn about ‘pay-as-you-throw’ this month

By Constantinos Psillides

CYPRUS is preparing legislation to promote “Pay-as-you-throw” trash metering programmes within local authorities, with the competent government department unveiling two regulations for public consultation this month.

Costas Hadjipanayiotou, the Director of the Department of Environment, said the two regulations concern a new strategy for municipal waste management and the prevention and reduction of waste.

While explaining their importance, Hadjipanayiotou noted that adopting the two bills is a precondition set by the EU for all relevant co-funded programmes…

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Local News Business November 1, 2014

FBME owners seek ICC arbitration to stop branch sale

FBME owners seek ICC arbitration to stop branch sale

By Stelios Orphanides

THE shareholders of the FBME, the Tanzanian bank whose Cyprus operations were placed under administration by the Central Bank of Cyprus following money laundering allegations in the United States, has resorted to the arbitration court of the International Chamber of Commerce, a spokesman said.

The central bank took over the management of FBME Bank in Cyprus four months ago and adopted resolution measures which include the sale of the Cyprus unit’s operations after the Financial Crimes Enforcement…

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International News October 31, 2014

Italy to end sea rescue mission that saved 100,000 migrants

Italy to end sea rescue mission that saved 100,000 migrants

By Steve Scherer and Massimiliano Di Giorgio

Italy said on Friday it would close a sea rescue mission that has saved the lives of more than 100,000 migrants from Africa and the Middle East, a move one rights group warned could lead to a “surge of deaths” in the Mediterranean.

Interior Minister Angelino Alfano said the Mare Nostrum or “Our Sea” mission would end to make way for a smaller European Union scheme – and to help relieve the strain…

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International News October 31, 2014

Judge eases limits on US nurse who treated Ebola patients

Judge eases limits on US nurse who treated Ebola patients

By Joel Page

A Maine judge on Friday imposed limited restrictions on an American nurse who treated Ebola patients in Sierra Leone and rejected a bid by state officials for more stringent measures.

The confrontation between Kaci Hickox and officials in the state of Maine has become the focal point of a dispute pitting several US states opting for strict quarantines against the federal government, which opposes such measures.

Hickox’s lawyer called the ruling a “terrific win” and Maine Governor…

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International News Sport October 31, 2014

Suspect in killing of S.Africa national football captain arrested

Suspect in killing of S.Africa national football captain arrested

By Zandi Shabalala

A suspect in the killing of the captain and goalkeeper of South Africa’s national football team has been arrested after witnesses picked him out in an identity parade, police said in a statement on Friday.

The police said Zanokuhle Mbatha, 25, had been charged in connection with the case. Local media said the charges included murder.

Football star Senzo Meyiwa was hit by a single gun shot to the chest on Sunday night while confronting two intruders…

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Local News Business October 31, 2014

Anastasiades slams CB governor over removal of conflict of interest clause

Anastasiades slams CB governor over removal of conflict of interest clause

By Angelos Anastasiou

President Nicos Anastasiades on Friday issued a surprisingly scathing statement lambasting Central Bank governor Chrystalla Georghadji for the alleged removal of wording in her contract pertaining to conflict of interest arising from blood relatives, and accusing her of lying about encounters she claimed to have had with him.

Earlier, an irate Georghadji left a tumultuous House Watchdog committee session after being grilled on potential conflict of interest arising from her daughter’s involvement in representing ex-Laiki Bank strongman…

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International News October 31, 2014

Car bomb kills 10 at bus stop in northeast Nigeria

Car bomb kills 10 at bus stop in northeast Nigeria

By Isaac Abrak

A car bomb exploded at a crowded bus stop in the northeast Nigerian city of Gombe, killing at least 10 people and wounding several others near the end of the morning rush hour on Friday, a source in the emergency services said.

No one immediately claimed responsibility for the blast, but Islamist group Boko Haram has been blamed for a string of bomb attacks in the region this year. Gombe is close to Nigeria’s northeast Borno state,…

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Local News Business October 31, 2014

August revenue from tourism down 7.2 per cent y-o-y

August revenue from tourism down 7.2 per cent y-o-y

Revenue from tourism fell 7.2 per cent in August compared with 2013 to €324.3 million even as arrivals rose 5.9 per cent in the same month, the statistical service said.

Between January and August, revenue from tourism rose 2.8 per cent to €1.4 billion compared with the respective period last year, Cystat said in a statement on Friday.

The London-based World Travel and Tourism Council estimates the contribution of tourism to Cyprus’ economy at 25 per cent this year.

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Local News October 31, 2014

Vergas, three others, to be charged for threatening texts

Vergas, three others, to be charged for threatening texts

Paphos mayor Savvas Vergas and three others will be charged in writing in connection with threatening text messages sent to witnesses in a suspicious land zoning case involving a prominent developer.

The decision was taken on Friday during a meeting at the state legal service.

The four face charges relating to conspiracy to commit felony, issuing threats, and interference in judicial proceedings. The case will be submitted at the district court.

The mayor was arrested earlier in October in connection…

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Local News Business October 31, 2014

Number of public workers drops by 2,500 in a year

Number of public workers drops by 2,500 in a year

The number of workers employed directly or indirectly by the government fell by 2,520 to 65,811 in the second quarter of 2014 compared to a year before, the statistical service said on Friday.

The drop was mainly on a reduction of the central government workforce which fell by 1,502 to 54,010, Cystat said in a statement.

The number of workers employed by the local administration fell by 286 to 4,361, while that at state owned companies fell by 732 to…

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Record scorer Rooney set for Manchester derby return

Record scorer Rooney set for Manchester derby return

By Sam Holden

Manchester United are likely to welcome back captain Wayne Rooney from suspension for their visit to Premier League champions Manchester City on Sunday, hoping the striker can add to his record scoring tally in the derby.

Rooney, who missed three matches because of a red card last month, tops the all-time goalscoring list for Manchester derbies having netted 11 in 22 games for United.

The return of the England striker will add a further spring to manager…

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Local News Business October 31, 2014

Foreclosures bills unconstitutional: Supreme Court (updated)

Foreclosures bills unconstitutional: Supreme Court (updated)

The island’s Supreme Court on Friday ruled as unconstitutional four bills passed by opposition parties to limit the scope of a law on foreclosures.

The bills, which threatened to derail Cyprus’ bailout adjustment programme, had been referred to the court by President Nicos Anastasiades.

The court’s decision was unanimous

Approval of the bills by parliament prompted the so-called Troika (IMF, EU, ECB) of international lenders to withhold the next tranche of bailout assistance because the bills violated the terms of…

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Local News Business October 31, 2014

Building a regional alliance for stability

Building a regional alliance for stability

The co-operation between Cyprus, Greece, and Egypt aims to bring stability in a volatile area and to allow everyone to reap the benefits of the natural wealth, President Nicos Anastasiades said.

The effort “is to create conditions of co-operation between neighbouring countries in an area characterised by instability,” Anastasiades said in an interview with state broadcaster CyBC.

The three countries are working to forge closer ties in various areas, including energy, economy, and tourism.

A summit is scheduled to take…

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International News October 31, 2014

Myanmar’s leaders seek to revive peace talks, maintain reforms

Myanmar’s leaders seek to revive peace talks, maintain reforms

By Aung Hla Tun and Paul Mooney

Myanmar’s political and ethnic leaders agreed on Friday to work together on reforms and peace talks ahead of a 2015 election after US President Barack Obama urged the government to make every effort to end ethnic conflict.

The president and the military chief met opposition parties and ethnic minority groups at a roundtable meeting in the capital Naypyitaw, the first meeting of its kind in the Southeast Asian nation. The gathering also marked…

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International News October 31, 2014

Army chief takes power after Burkina president bows to protests

Army chief takes power after Burkina president bows to protests

By Mathieu Bonkoungou and Joe Penney

The head of Burkina Faso’s armed forces took power on Friday after President Blaise Compaore resigned amid mass protests against an attempt to extend his 27-year rule.

Compaore, a taciturn former soldier in office since a 1987 military coup, had sought to defy popular pressure for him to step down after a day of violent unrest on Thursday in which demonstrators stormed parliament and state television.

Impoverished Burkina Faso under Compaore had emerged as…

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International News October 31, 2014

Australia lifts Fiji sanctions as foreign minister visits

Australia lifts Fiji sanctions as foreign minister visits

By Matt Siegel

Australian Foreign Minister Julie Bishop on Friday took a major step towards resetting frayed relations with Fiji, lifting the final sanctions against the country during the most senior visit by an Australian diplomat since a military coup eight years ago.

Fiji, a tropical archipelago about 3,200 km east of Australia, has suffered four coups since 1987, the latest in 2006 led by former army chief Voreqe “Frank” Bainimarama, whose Fiji First Party holds a wide majority in…

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International News October 31, 2014

Muslim men over 50 return to Jerusalem’s Aqsa mosque, tension high

Muslim men over 50 return to Jerusalem’s Aqsa mosque, tension high

By Luke Baker

Muslim men over 50 prayed at the Aqsa mosque in Jerusalem’s Old City on Friday amid intense security, a day after Israel closed all access to the sacred compound for the first time in more than a decade following violence on the streets.

More than 1,000 Israeli police were deployed around the Old City’s cobbled streets and the ancient gates that lead to al Aqsa, a spokeswoman said, in addition to undercover anti-riot units and observation balloons…

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International News Comment October 31, 2014

A hostile climate

A hostile climate

By Sherri Goodman

On October 13, U.S. Secretary of Defense Chuck Hagel delivered a major address on climate security at the Conference of the Defense Ministers of the Americas in Lima, Peru. During his speech, he announced the release of the U.S. Department of Defense’s (DoD) most comprehensive Climate Change Adaptation Roadmap to date.

If there was any doubt before, it is now clear that the United States recognizes the growing national security risks associated with climate change. While…

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