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1051. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

1052. Bicycle collides with motorcycle in Nicosia

A person on a bicycle was rushed to the hospital on Tuesday after a collision with a motorcycle in downtown Nicosia...

1053. Foreign powers back Libya ceasefire

Foreign powers agreed at a summit in Berlin on Sunday to shore up a shaky truce in Libya, but the meeting was overshadowed by blockades of oilfields by forces loyal to commander Khalifa Haftar that could cripple the country’s crude production...

1054. Renewable power is only part of the solution to meet net-zero targets

1055. Libya in the wake of a ceasefire

Libyan eastern forces loyal to commander Khalifa Haftar announced on Saturday a ceasefire in the western region, which includes the capital Tripoli, starting 00:01 on Sunday and the internationally recognized Government of National Accord agreed to the truce...

1056. Cyprus hopes cooler heads will prevail

Cypriot President Nicos Anastasiades on Thursday said he hoped more sensible ideas would prevail regarding the situation in the Middle East, while sources expect "no unpleasant surprises” ahead of a mandate review for UN peacekeeping on the island...

1057. Heavy rains slam all of Cyprus

Local authorities all over the island were busy Wednesday dealing with the aftermath of heavy rains, while road closures were caused by heavy runoff both north and south...

1058. Pompeo cancels trip to Nicosia

US State Secretary Mike Pompeo has cancelled a trip to Cyprus next week in the wake of protests outside the US Embassy in Iraq, with Department officials vowing to reschedule the visit “in the near future"...

1059. Cypriot FM works the phones over Libya

Cyprus Foreign Minister Nikos Christodoulides has been working the phones Thursday and Friday, discussing with counterparts of other nations the situation in Libya and a need to avoid illegal actions...

1060. Athens says Ankara 'playing with fire'

Athens says Turkish President Recep Tayyip Erdogan is “playing with fire” as he seeks parliament approval to send military troops into Libya, following a formal request from Tripoli...

1061. Diplomatic hype over eastern Mediterranean

Greek Foreign Minister Nikos Dendias attended Christmas Mass in Istanbul amid diplomatic tensions and power play between Athens and Ankara over gas exploration in the eastern Mediterranean...

1062. EastMed deal to be inked January

Cyprus President Nicos Anastasiades plans to attend a ceremony in Athens for the signing of an agreement on the EastMed pipeline, after Greece announced Sunday the project will proceed despite the objections of Turkey...

1063. Johnson on course to deliver swift Brexit

Prime Minister Boris Johnson won a resounding election victory on Friday that will allow him to take Britain out of the European Union in matter of weeks...

1064. Minister explains joint patrols downtown

The interior minister says joint patrols in downtown Nicosia are meant to prevent crime and combat illegal migration, while also clarifying that the two are not necessarily connected to each other...

1065. Man dies while crossing the highway

A man was killed in a highway accident in Nicosia after being struck by oncoming traffic west of the capital...

1066. Armed patrols begin this weekend

Armed soldiers and police officers will very soon be holding joint patrols in downtown Nicosia, with the justice minister saying the measures are being taken to combat crime, terrorism, and illegal immigration...

1067. Uncertainty reigns across international tax landscape

1068. Guterres committed to explore possibility to convene five-party meeting on Cyprus

UN Secretary-General Antonio Guterres said on Monday that he committed to explore with the President of Cyprus Nicos Anastasiades, the Turkish Cypriot leader Mustafa Akinci and the guarantor powers the possibility to convene an informal five party meeting on Cyprus “at an appropriate stage”, following an informal dinner in Berlin attended by both leaders. ...

1069. All set in Berlin for low-key dinner

The two Cypriot leaders are hours away from having an informal dinner together with the UN Secretary General in Berlin, where they have been invited for an assessment of next steps regarding a possible resumption of talks on the divided island...

1070. Cyprus foreign minister in Washington

Cyprus Minister of Foreign Affairs Nikos Christodoulides is on a working visit to Washington, where he will also meet with Secretary of State Mike Pompeo on Monday...

1071. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

1072. World’s last divided capital

As the world commemorates 30 years since the fall of the Berlin Wall, the bullet-riddled sandstone walls of abandoned, crumbling homes and concrete machine gun nests dotting Cyprus' no man's land serve as a jarring reminder of another divided capital — the world's last — on Europe's southeastern frontier...

1073. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

1074. Protection rackets behind Engomi shooting

Police are still looking for a main suspect in the Engomi shooting, while reports suggest the incident took place amid disputes over protection rackets...

1075. Nicosia school riled up over father’s threats

A male student at a vocational school in Nicosia has told police that the president of the Parents Association issued threats against him over comments the teen made about the man's daughter...

1076. Cops build case following vice raid

A married couple has been remanded in custody in connection with their involvement in an illicit massage parlour business where foreign women worked part-time offering erotic services to male clients including handjobs...

1077. Friday the 13th to sort it all out

Britain will hold its first December election in almost a century after Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking the Brexit deadlock...

1078. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

1079. Four locked up after Solomou incident

Four people were arrested following a violent incident in downtown Nicosia on Monday, involving a bus driver, his son and two passengers ...

1080. Greek Cypriots pay homage to Ohi Day

Many Ohi Day celebrations went ahead on Monday in the Republic of Cyprus amid public confusion, following last-minute cancellations of school parades on the advice of weather officials...