Israeli tanks shell UN school in Gaza Strip

Israeli tanks shell UN school in Gaza Strip

A young Palestinian boy reacts as he sees the body of a relative who died when a UN school used as a shelter for internally displace people came under Israeli shelling in Jabalia, northern Gaza Strip on Wednesday. According to medics at least 17 were killed (EPA)

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International News July 30, 2014
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Carnage at UN school as Israel pounds Gaza refugee camp

Carnage at UN school as Israel pounds Gaza refugee camp

By Nidal al-Mughrabi and Jeffrey Heller

Israeli shelling killed at least 15 Palestinians sheltering in a school in Gaza’s biggest refugee camp on Wednesday, the Health Ministry said, as Egyptian mediators prepared a revised proposal to try to halt more than three weeks of fighting.

Some 3,300 Palestinians, including many women and children, were taking refuge in the building in Jabalya refugee camp when it came under fire around dawn, the United Nations Relief and Works Agency (UNRWA) said.

“Our…

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International News July 30, 2014
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Belarus to host Ukraine-Russia talks

Belarus to host Ukraine-Russia talks

By Natalia Zinets and Aleksandar Vasovic

Belarus will host talks between Ukraine, Russia and the OSCE security and rights organisation on the crisis in eastern Ukraine, President Alexander Lukashenko’s office said on Wednesday.

It did not say when the talks would take place but Ukrainian President Petro Poroshenko asked Lukashenko to host them on Thursday and to focus on securing access to the site where a Malaysian airliner was brought down in east Ukraine.

There was no indication pro-Russian separatists…

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International News July 30, 2014
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More violence in China’s Xinjiang after deadly attack

More violence in China’s Xinjiang after deadly attack

By Michael Martina

Western tourists saw a body lying in a pool of blood in a major city in China’s violence-prone Xinjiang province on Wednesday, as security forces flooded in after the government said dozens of knife-wielding attackers were shot dead elsewhere in the region earlier in the week.

State media said a gang armed with knives first attacked a police station and government offices on Monday in the town of Elixku, in Shache county, about 200 km from the…

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International News July 30, 2014
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Up to 150 people feared trapped in landslide in India

Up to 150 people feared trapped in landslide in India

By Frank Jack Daniel

Heavy rain triggered a landslide in India on Wednesday burying up to 150 people and rescuers were struggling through mud to try to reach them, a disaster official said.

The first batch of emergency workers had arrived at the scene, 60 km from the western city of Pune, but the rain, mud and poor communications were hampering rescue efforts, Sandeep Rai Rathore, inspector general of the national disaster force, told Reuters.

“The area is quite a…

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Football Sport July 30, 2014
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Gerrard says last three months ‘worst of my life’

Gerrard says last three months ‘worst of my life’

By Josh Reich

Steven Gerrard says the slip that arguably ended Liverpool’s title hopes and England being knocked out the World Cup in the group stages have contributed to what has been “probably the worst three months of my life”.

Speaking to reporters on Liverpool’s pre-season tour of North America, the 34-year-old addressed the moment when he lost his footing against Chelsea in late April, allowing Demba Ba to open the scoring.

The Blues went on to win 2-0, a…

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Life & Style July 30, 2014
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A minute with Elena Antoniou Dance artist

A minute with Elena Antoniou Dance artist

Where do you live?

If “where do you live” means “where do I spend most of my time, the answer is at 2 sisters studios in Limassol. That’s the place I work, rehearse, do pilates, read, dance and live. If you look for me you will find me there!

Best childhood memory?
Me and my sister dancing and doing Rhythmic Gymnastics in the middle of the road outside our house. Using balls, hoops, ribbons and ropes. Trying to find…

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Local News July 30, 2014
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Man dies in car crash

Man dies in car crash

A 32-year-old Slovakian man was killed on Wednesday after his car slammed into the iron railing on the Tseri exit on the Nicosia to Limassol motorway.

Two other men who were passengers in the car escaped with light injuries.

Police said the accident happened at 6.10am. The driver apparently lost control of the vehicle and crashed into the railing, trapping all the passengers inside.

The three were freed by the fire service and then rushed to hospital where the 32-year-old…

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Local News July 30, 2014
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Animal party to set up vigilance teams

Animal party to set up vigilance teams

The Animal Party said it will set up vigilance groups across the island to tackle the growing number of animal abuse incidents.

The party said it was concerned by the developments, which did not honour the citizens and the country.

It added that it was receiving information about animal abuse on a daily basis, a fact that the state must look into very seriously.

Announcements and promises from the government and the Presidential Palace were not enough, and as time…

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International News July 30, 2014
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Time almost up for Argentina to avoid debt default

Time almost up for Argentina to avoid debt default

By Richard Lough

Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with “holdout” investors suing it or win more time from a US court to reach a settlement.

Argentine Economy Minister Axel Kicillof scrambled to New York on Tuesday to join last-ditch negotiations, holding the first face-to-face talks with the principals of New York hedge funds who demand full…

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International News July 30, 2014
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At least 24 reported killed in Guinea beach concert stampede

At least 24 reported killed in Guinea beach concert stampede

By Emma Farge

At least 24 people were killed in a stampede at a beachside concert celebrating the end of Ramadan in Guinea’s capital, news agency AFP said, with Guinea’s Presidency declaring a week of mourning after what it described as a “tragic drama”.

A statement from the Presidency said the incident occurred at a beach in the Ratoma neighbourhood of the capital, Conakry. It noted some deaths and injuries but did not give a death toll.

“While waiting for…

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Local News July 30, 2014
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A ‘turn the page moment’ for BoC

A ‘turn the page moment’ for BoC

By Elias Hazou
OUT with the old, in with the new: the €1bn capital increase at Bank of Cyprus (BoC) has shaken up the shareholder base of the island’s largest lender, which has slipped into foreign hands after more than a century as the Cypriot bank par excellence. But whether that’s good or bad depends on whom you ask.
For the bank’s CEO John Hourican, the €1bn equity investment will put the lender’s capital adequacy on a solid…

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Comment July 30, 2014
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Our View: A big step on the road to recovery

Our View: A big step on the road to recovery

THERE was a mixed reaction to the news that the Bank of Cyprus capital issue was taken up by foreign investors, much being made of the fact that Cypriots would no longer be in control of the island’s systemic bank. Even Archbishop Chrysostomos was on a radio show yesterday morning saying that the BoC would no longer be a bank of the Cypriots as it had been for more than a century.
This is a valid point, to an…

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Local News July 30, 2014
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Hourican: new equity will help speed up restructuring

Hourican: new equity will help speed up restructuring

BANK of Cyprus, which has just raised €1bn from investors, plans to sell up to 1 €1bn in bonds in September, its CEO John Hourican has said.
The move that would mark a rehabilitation of the euro zone’s first bank to recapitalise using depositors’ cash, the banker told Reuters.
On the brink of collapse only a little more than a year ago, BoC has just attracted a €1bn equity investment via a private placement.
“The bank needed…

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Local News July 30, 2014
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Parties position themselves against foreclosures bill

Parties position themselves against foreclosures bill

By Angelos Anastasiou
ALL parliamentary parties have positioned themselves squarely against the government’s controversial foreclosures bill, which is expected to be approved by the Council of Ministers on Wednesday on its way to the House, where it will be discussed and put to a plenary vote.
The outcome of protracted negotiations with the Troika during its recent fifth progress review of Cyprus’ adjustment programme, the foreclosures bill will allow lenders to liquidate properties used as collateral on defaulting…

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Local News July 30, 2014
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Dog trapped in muddy Saittas dam rescued by firemen

Dog trapped in muddy Saittas dam rescued by firemen

By Evie Andreou

A DOG believed to have been been trapped in the Saittas dam in Limassol for several days was rescued by fireman yesterday afternoon.

A resident of the area tipped off the Cyprus Mail that the dog seemed to be trapped in an area that was inaccessible for rescue by members of the public due to heavy mud.

After alerting the fire service, less than half an hour later, fireman Yiannis Ioannou of the ‘1974 Sergeant Vasilis Krokos’…

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Local News July 30, 2014
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Diplomatic missions to deliberate

Diplomatic missions to deliberate

THE deliberations of the annual meeting of the heads of diplomatic missions in Cyprus will begin on Wednesday and will last until Friday.
During the meeting, there will be a review on issues of foreign policy and regional security, on the bilateral relations between Cyprus and third countries and the participation of Cyprus in international organisations.
The agenda will start with the meeting of the minister of foreign affairs with the heads of diplomatic missions accredited to the…

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Local News July 29, 2014
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Land Registry website restored after crash

Land Registry website restored after crash

Heavy traffic crashed the Land Registry’s webpage for most of Tuesday as thousands simultaneously clicked on the site seeking tax information on their real estate property.

Access to the website was restored late in the afternoon.

Earlier in the day, Land Registry officer Kyriakos Tsolakis said the department had meantime set up telephone hotlines while the glitch was being repaired.

Though recognising the public’s keenness to find out how much Immovable Property Tax (IPT) they will be paying this year,…

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International News July 29, 2014
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EU agrees economic sanctions on Russia

EU agrees economic sanctions on Russia

By Justyna Pawlak and Barbara Lewis

The European Union reached agreement on Tuesday on the bloc’s first broad economic sanctions on Russia over its role in Ukraine, diplomats said, marking a new phase in the biggest confrontation between Moscow and the West since the Cold War.

The measures will shut state-owned Russian banks out of European capital markets and target the defence sector and sensitive technologies, including oil, but exclude the vital gas sector, on which Europe is heavily dependent.

…

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Local News July 29, 2014
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EAC slammed for charging interest on instalment payments

EAC slammed for charging interest on instalment payments

Electricity company (EAC) unions oppose a decision by the board to charge interest on customers who opted to pay overdue bills in instalments.

A statement from the unions said a public utility organisation like the EAC cannot charge interest and make things harder for consumers who were trying to hang on tooth and nail.

The EAC said last week that it would help people pay through instalments, with an annual interest of 4.5 per cent, in a bid to collect…

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Local News July 29, 2014
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CY needs a strategic investor, minister says

CY needs a strategic investor, minister says

By George Psyllides

Cyprus Airways (CY) needs a strategic investor to survive in the long run, Communications Minister Marios Demetriades said on Tuesday, a day after Ryanair said it was not particularly interested in the troubled national carrier due to its legacy issues.

Ryanair was among nearly 20 companies which last week submitted a non-binding expression of interest in Cyprus Airways, now controlled by the government.

At least five are involved in air transport.

The process is a preliminary step…

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