Новости за 02.04.2018

Where do you live? Following a 30-year career in Athens and Geneva, I have returned to my native Nicosia, where I live with my son Christos, a university student Best childhood memory? Every Sunday in Spring my father would get all the family in the car, and we would drive around Nicosia, to admire the […]

By Stephen Culp Wall Street shares nosedived on Monday, with the Dow falling to its lowest level of the year and the S&P 500 and Nasdaq each poised for the biggest daily percentage drop since February 8, as investors fled technology stocks and trade war fears were stoked anew. The S&P 500 and the Dow […]

By Ed Cropley  Hailed as mother of the ‘new’ South Africa, Winnie Madikizela-Mandela’s legacy as an anti-apartheid heroine was undone when she was revealed to be a ruthless ideologue prepared to sacrifice laws and lives in pursuit of revolution and redress. Her uncompromising methods and refusal to forgive contrasted sharply with the reconciliation espoused by […]

By Evie Andreou HEALTH Minister Constantinos Ioannou on Monday censured the medical association (CyMA) after it emerged it had urged members not to participate in a survey carried out by the Health Insurance Organisation (HIO) citing concerns it might harm ongoing negotiations with the state agency on their fees under the national health scheme (Gesy). […]

By Elias Hazou The government on Monday said it was moving to shore up confidence in the Cyprus Cooperative Bank (CCB) as depositors pulled more money out of the lender. Neither the government nor the state-owned bank would be drawn on what these moves might be, though the goal was clear: to buttress the bank’s […]

By Richard Cowan and Makini Brice  President Donald Trump declared as “dead” on Monday a program that protects immigrants brought to the United States illegally as children and pressed Congress to “immediately” pass legislation to secure the U.S. border with Mexico. Trump, who has taken a hard line on legal and illegal immigration as president, […]

By George Psyllides A former Laiki Bank executive on trial for the lender’s collapse in 2013, said Monday he and other defendants have been made scapegoats and there was no truth in the charges they were facing. “I believe we have been targeted as scapegoats,” then-managing director Efthimios Bouloutas told the Nicosia criminal court. “There […]

The Nicosia (horse) Race Club warned on Monday it risked bankruptcy if parliament agreed to raise a municipal levy on betting by half a percentage point, which is the demand of the hosting local authority, Ayios Dhometios. The matter was discussed before the House interior committee whose members heard that raising the levy to 1.5 […]

By Evie Andreou Officials on Monday said that despite the fact that only 37.2 per cent of around 5,000 who took the teaching exams passed, the goal had been achieved as only the most competent would now enter the state education system. The results of the exams – which is part of the new appointment system taking […]

Shares of Amazon.com Inc fell 6 per cent on Monday after US President Donald Trump again attacked the online retailer over the pricing of its deliveries through the United States Postal Service and promised unspecified changes. “Only fools, or worse, are saying that our money losing Post Office makes money with Amazon,” Trump tweeted. “They […]

By Evie Andreou Organised parents of primary pupils on Monday urged the association of teachers of optional all-day schools not to act hastily and risk affecting more than 10,000 families, after the educators announced industrial measures to protest against their employment terms. If this happens, the parents said, they would ask the education ministry to […]

By Elias Hazou The Cyprus Cooperative Bank (formerly the Cooperative Central Bank) said on Monday that it is ‘looking into’ the writing off of part of a loan granted to the spouse of a state official after the case was brought to light by the auditor-general. “We will be looking into it,” Yiannis Stavrinides, head of the bank’s […]

Hailed as mother of the ‘new’ South Africa, Winnie Madikizela-Mandela’s legacy as an anti-apartheid heroine was undone when she was revealed to be a ruthless ideologue prepared to sacrifice laws and lives in pursuit of revolution and redress. Her uncompromising methods and refusal to forgive contrasted sharply with the reconciliation espoused by her husband Nelson […]

By Renos Ioannides* The excessive private debt burden of households and businesses and the stubbornly high levels of non-performing loans are on top of everybody’s agenda these days, as they should be in light of their strategic importance for the country. 2018 will be, one way or the other, a milestone year for local banks […]

Ukraine’s largest bank, PrivatBank, said on Monday it had filed a $3 billion (€2.4bn) lawsuit against the Ukrainian and Cypriot subsidiaries of international accounting firm PwC for alleged breaches during audits of the lender in 2013-2015. It is the latest in a series of lawsuits initiated since PrivatBank was nationalised in 2016 after risky lending […]

Ukraine’s largest bank, PrivatBank, said on Monday it had filed a $3 billion (€2.4bn) lawsuit against the Ukrainian and Cypriot subsidiaries of international accounting firm PwC for alleged breaches during audits of the lender in 2013-2015. It is the latest in a series of lawsuits initiated since PrivatBank was nationalised in 2016 after risky lending […]

Manchester City want to give their supporters a “historic” day by clinching the Premier League title against bitter rivals Manchester United, their midfielder Kevin de Bruyne said. Pep Guardiola’s City face the mouth-watering prospect of being crowned league champions for the third time since 2012 if they beat United at the Etihad Stadium on Saturday. […]

The ‘Jumanji: Welcome to the Jungle’ actor has thanked his fans for the response to a recent interview in which he opened up about his own battle with mental health after his mother attempted suicide, and he has told men in particular to not be afraid to talk about certain issues. Taking to Twitter, he wrote: “Got tons of […]

More than two-thirds (67.5 per cent) of people aged 16 or over living in the European Union (EU) and 78.7 per cent in Cyprus, perceived their health status as very good or good in 2016, according to data released by Eurostat, the statistical service of the EU. In contrast, less than a tenth (8.8 per […]

The government is in talks with the consortium of ENI-Total regarding their timetable for an appraisal, or follow-up drill at the Calypso gas prospect in offshore block 6, energy minister Giorgos Lakkotrypis said on Monday. At the same time, he added, the government is discussing with ENI the latter’s broader exploration programme in Cyprus’ Exclusive […]

An air strike by the Saudi-led coalition fighting in Yemen killed 12 civilians, including seven children, in the costal city of Hodeidah on Monday, medics and a witness said. Medics and a witness who saw the wreckage said the air strike had destroyed a house in al-Hali district, where displaced civilians from other provinces were […]

Turkey has ordered the arrest of the Muslim cleric Fethullah Gulen and seven others over the 2016 assassination of the Russian envoy to Turkey, the Haberturk newspaper said on Monday, a day before Russian President Vladimir Putin visits the country. Andrei Karlov was shot dead by an off-duty policeman while speaking at an Ankara exhibit […]

West Bromwich Albion manager Alan Pardew has left the bottom-of-the-table club by mutual consent, the English Premier League club said on Monday. “West Bromwich Albion and Alan Pardew have agreed to mutually part company following discussions between both parties,” the club said on Twitter. First-team coach Darren Moore will take over until further notice.

Anthony Joshua, ever more the golden boy of British boxing, says he has no interest in trying to conquer America after adding a fourth world heavyweight championship belt to his collection on Saturday. Instead, he wants America — in the shape of WBC champion Deontay Wilder — to come and fight him in his own […]

In view of the Easter holidays the Nicosia blood bank has made an urgent plea for blood donations to help existing needs. The situation is critical as the amount of stored blood is low, and requirements are high, the health ministry announced. The blood bank warned that in order to cover all needs more than […]