Russian rouble slips past 100 vs dollar, banks hunt for FX
The rouble weakened past 100 to the dollar on Wednesday, heading back to record lows, and the stock market remained closed as Russia’s financial system staggered under the weight of ...
Ukrainian crisis, energy security main focus of Israeli president’s visit (Updated)
Reiterating Cyprus’ friendship and will to cooperate, President Nicos Anastasiades welcomed Israel’s President Isaac Herzog, on Wednesday morning during an official visit.
Anastasiades underlined the excellent relations between the ...
Scottish fossil of flying reptile leaves scientists ‘gobsmacked’
A fossil jawbone peeking out from a limestone seashore on Scotland’s Isle of Skye led scientists to discover the skeleton of a pterosaur that showed that these remarkable flying ...
Accords must be updated to reflect Ukraine realities
By Theo Kyriacou
Nearly a fortnight ago when the Russian government had yet to send troops into Ukraine, two experts well versed in the history of East-West relations expressed their ...
Sports federations ban Russian and Belarusian athletes, teams
The following measures were taken by sports federations following the International Olympic Committee’s (IOC) recommendations to ban Russian and Belarusian athletes and officials from competing in events and to ...
Nicosia stands in solidarity with Ukraine, condemns Russia, says ambassador to UN
Cyprus stands in solidarity with Ukraine and reiterates its support to the country’s unity, sovereignty and territorial integrity within its internationally recognised borders, the Permanent Representative of Cyprus to ...
Coronavirus: Health ministry planning for slow return to normality
An updated pandemic management plan is expected to be finalised on Wednesday afternoon, during a meeting of Health Minister Michalis Hadjipandelas with members of the Scientific Advisory Committee.
Adjustments to ...
Fifteen more Cypriots from Ukraine, including minors return safely
In total 15 Cypriot citizens, including minors, who fled the war in Ukraine arrived safely in the island late Tuesday, a foreign ministry official told the Cyprus Mail.
The group left ...
World-class soprano with an operatic life story
In a world-renowned soprano THEO PANAYIDES finds an emotional, spiritual woman who has led a fascinating life that might well make an opera tale itself
It starts off dramatic, and ...
Russia’s No.1 lender Sberbank pulls out of Europe
Russia’s largest lender Sberbank SBER.MM said on Wednesday it was quitting almost all European markets, blaming big cash outflows and threats to its staff and property following Russia’...
Daily News Briefing
In today’s episode, despite the ongoing crisis in Ukraine, Cyprus’ goal of attracting more tourists this year than last is achievable, Deputy Minister of Tourism Savvas Perdios has said.
...
Turkey says Russia cancelled Black Sea passage bid upon its request
Russia cancelled a bid to send four of its warships through Turkish waters into the Black Sea at Turkey’s request, Foreign Minister Mevlut Cavusoglu said, adding the decision was ...
Ayia Napa pub fire was arson (Updated)
An early-morning fire at an Ayia Napa pub was set deliberately, a police spokesman told the Cyprus News Agency on Wednesday citing the results of an investigation by the fire ...
Assessing the new laws to fight tax avoidance
Government amendments to Income Tax Law and special contribution for defence law target loopholes
By Linda Stokes
On December 21, 2021 new provisions amending both the Income Tax Law and the Special ...
Mid-week live music
Before the weekend’s entertainment begins, caught in between carnival festivities and cancellation of events either due to covid or world situations, several mid-week music gigs arrive. Around the island, ...
CBM proposals a “step in the right direction” says German ambassador
The proposal by Foreign Minister Ioannis Kasoulides for a package of Confidence Building Measures (CBMs) is “a step in the right direction”, said Germany’s ambassador to Cyprus, Anke Schlimm.
...
Smile time: Cyprus Mail’s February cartoons
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Procedure for contempt of a court order
It is conducted on the basis of affidavits, save the right for cross-examination
Courts have the power to issue orders, interim or final, for parties to do or refrain from ...
Implications of Russian capture of Ukraine’s Chernobyl nuclear plant
By Carmel Mothersill
Shortly after Russia launched its attack on Ukraine, both governments said that the Russian military had taken over the decommissioned Chernobyl nuclear power plant, the site of ...
Heavy rains and road closures, police urge caution
Heavy rainfall Wednesday morning is affecting commuters in Larnaca and Limassol. Police report limited visibility and slippery roads, especially along the highway sections near Germasogeia and Moni.
The police have ...
Cypriot fintech first to use AI-powered analytics tool
Cyprus-based financial technology company SquaredFinancial announced on Tuesday that it will be the first organisation to utilise iQbyQi, an advanced retail trading analytics tool.
“SquaredFinancial, the fintech brokerage headquartered in ...
State of the Union: Biden rallies Congress behind Ukraine, says Putin has ‘no idea what’s coming’
U.S. President Joe Biden assailed Russian President Vladimir Putin, barred Russian flights from American airspace and led Democratic and Republican lawmakers in a rare display of unity on Tuesday ...
Cryptoverse: Bitcoin gains conflict currency credentials
Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto.
Bitcoin trading denominated in ...
Cyprus Business Now
The services sector turnover index increased in 2021, compared to 2020, with particularly strong growth being observed in accommodation and catering services, according to data released this week by the Cyprus Statistical ...