U.S., Israel to sign joint pledge on denying nuclear weapon to Iran
U.S. President Joe Biden and Israeli Prime Minister Yair Lapid on Thursday will sign a joint agreement pledging to prevent Iran from acquiring a nuclear weapon on the second ...
New UK minister for Europe reaffirms support for bizonal, bicommunal federation
The UK government’s new Minister for Europe Graham Stuart has reaffirmed London’s support for a settlement to the Cyprus issue based on the agreed basis of a bizonal, ...
Kiosk worker remanded after over €40,000 of products stolen (updated)
A 63-year-old man was remanded for five days on Thursday after stealing over €40,000 worth of tobacco and other products from various kiosks he was working at in Limassol.
The theft ...
Two men arrested for burglaries, theft
Two men, aged 21 and 49, have been arrested on suspicion of theft after officers allegedly found stolen property in their Nicosia house, police said on Thursday.
The thefts were carried out ...
New Zealand announces free masks, tests as health system struggles with Covid
The New Zealand government on Thursday announced free masks and rapid antigen tests as it tries to stem the spread of COVID-19 and relieve pressure on the country’s health ...
Breakthrough at Ukraine grain export talks as heavy shelling continues
Ukraine, the United Nations and Turkey hailed progress at talks in Istanbul that aim to resume Black Sea grain exports blocked by Russia and ease the risk of starvation faced ...
Why the euro’s fall below parity versus dollar matters
Europe’s single currency has dropped below parity against the dollar for the first time in almost 20 years, battered by growing recession fears in the euro area.
On Wednesday, it ...
Sri Lanka awaits president’s resignation after flight
Sri Lankans waited for the resignation of President Gotabaya Rajapaksa on Thursday, a day after he fled to the Maldives to escape a popular uprising against an economic crisis blamed ...
Labour minister praises digitisation efforts after new service launched
Labour minister Kyriacos Koushos on Wednesday expressed satisfaction at the launch of the social insurance office’s digital service for receiving childbirth aid.
Koushos, who also thanked Deputy Minister for ...
Cyprus Business Now
Value added in the construction sector in Cyprus dropped after 5 years of growth in 2020, according to the construction and land development survey conducted by the Cyprus Statistical Service (Cystat).
The ...
European Commission pushes for asset disclosure of elected officials
The European Commission on Wednesday urged Cyprus to continue to improve the effective investigation and adjudication of high-level corruption cases, including by strengthening the Office of the Attorney General and ...
The road ahead for Cyprus’ alternative investment funds
By Robert Street
In recent years Cyprus has significantly enhanced its fund legislation to position itself as a flexible and cost-effective jurisdiction for funds and fund managers within the European ...
Our View: With elections looming we need transparency in campaign funding
Finance minister Constantinos Petrides ruled out the idea of providing political parties with additional state funds for their presidential election campaigns. This was out of the question, he said, mentioning ...
Assets under management drop by 3.9 per cent in Q1 2022
The total value of assets under management (AUM) by Collective Funds declined by 3.9 per cent in the first quarter of 2022 over the previous quarter, while Management Companies and Undertakings of ...
Wall Street falls after red-hot inflation data
Wall Street’s main indexes fell on Wednesday after hotter-than-expected inflation data fueled bets that the US Federal Reserve will hike interest rates aggressively to tame surging prices.
The Labor ...
Hezbollah chief vows ‘no one’ will extract gas, oil from maritime zones if Lebanon unable to do so
The head of powerful armed group Hezbollah warned on Wednesday that “no one” would be allowed to operate in maritime oil and gas fields if Lebanon was barred from its “...
Scorching heatwave sparks wildfires in Europe
Nearly 20 blazes raged across Portugal and several burned in western Spain on Wednesday, menacing villages and disrupting tourists’ holidays amid a heatwave that meteorologists expect to push temperatures into the ...
Gas won’t make EU’s next Russian sanctions package, Czech leader says
The European Union is preparing a seventh package of sanctions against Moscow but it is already clear that it will not curb imports of Russian gas as too many member ...
Pope names women to bishops advisory committee for first time
Pope Francis has named three women, two nuns and a lay woman, to a previously all-male committee that advises him in selecting the world’s bishops, the Vatican said on ...
Separatist official says Russian and proxy forces enter Ukraine’s Siversk -TASS
Russian and proxy forces have entered the town of Siversk in Ukraine’s Donetsk region, Russian state news agency TASS reported on Wednesday.
Reuters could not independently verify the report.
...
Migration discussed during Austrian chancellor’s official Cyprus visit (update)
Bilateral relations, the need to increase the energy independence of the European Union and their views on migration were among the issues discussed during talks between President Nicos Anastasiades and ...
Chelsea complete Sterling signing from Man City
Raheem Sterling has returned “home” after swapping Manchester for London by signing for Chelsea on a five-year deal.
The England international ended a seven-year stay at Manchester City as he ...
Performances in the museum
As spaces for artistic expression, museums not only host exhibitions but also sometimes performances. Majestic State Gallery in Nicosia welcomes two artists to its grounds this July who will present ...
Sunak tops first round of voting in UK leadership contest
Former Chancellor Rishi Sunak won the biggest backing from Conservative lawmakers on Wednesday in the first vote to choose who will succeed Boris Johnson as party leader and British prime ...