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1471. Futuristic mega yacht back in Cyprus

The futuristic mega yacht owned by a Russian industrialist is drawing attention once again in Cyprus, with maritime maps showing the Sailing Yacht A anchored in Chrysochou Bay on Monday morning...

1472. Why Europeans are facing a 'heavy winter'

Europe 's households are facing much higher energy bills in winter due to rising global energy and gas prices, and consumer organizations have warned that the most vulnerable could be hit by energy poverty....

1473. California: Turning air into water

The machine Ted Bowman helped design can make water out of the air, and in parched California, some homeowners are already buying the pricey devices....

1474. 3,000 barrel oil spill off the coast of Southern California

A large oil spill off southern California has left behind dead fish, contaminated wetlands and birds stuck in the oil, with local officials talking about an environmental disaster....

1475. Turkey denies Cypriot vessel in contested waters

Cypriot Foreign Minister Nikos Christodoulides was working the phones on Monday, a day after Turkey expelled a research vessel from waters west of the island, a maritime area with zones claimed by both Ankara and Nicosia...

1476. Cyprus’ top diplomat: Turkey is creating new Ottoman empire

The foreign minister of the divided island of Cyprus is accusing Turkey’s president of attempting to promote a new Ottoman empire in the eastern Mediterranean and the Middle East...

1477. Biden's Ankara pick says no two-state solution in Cyprus

Never-Trumper Jeff Flake reversed his position on the Armenian issue on Tuesday, replying with a resounding “yes” to US Senator Bob Menendez before the foreign relations committee that holds the hey to advancing his nomination to be ambassador to Turkey...

1478. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

1479. UK citizens rush to fill up amid shortages

The British government on Thursday night urged citizens not to panic over the closure of dozens of gas stations across the country, which was due to the significant shortage of drivers of tankers, trucks and other heavy goods vehicles....

1480. House approves overhaul in Cyprus’ power grid

The Cyprus Transmission System Operator is calling on people and companies who wish to take part in the electricity market to register for training seminars, following the passage of legislation that aims to put an end to state monopoly after years of debate and EU warnings...

1481. No more apologies: Inside Facebook's push to defend its image

Mark Zuckerberg, Facebook’s chief executive, signed off last month on a new initiative code-named Project Amplify....

1482. Turkish warship blocks Greek research vessel

A Turkish warship issued a warning to a Greek research vessel to prevent it entering what Turkey considers its territorial waters, Turkey’s Defense Ministry said Wednesday. The showdown came a year after tensions in the eastern Mediterranean threatened to escalate into open conflict between the neighbors and NATO allies...

1483. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

1484. EUMED9 summit poised to tackle migration and climate crisis

Nine European countries on the Mediterranean are holding a summit in Athens Friday afternoon to discuss issues ranging from climate change to migration and Afghanistan....

1485. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

1486. A decentralized federation, with flexibility

Marina Economidou interviews UK High Commissioner Stephen Lillie regarding the UK's proposed plan to the Cyprus solution....

1487. President Anastasiades begins official meetings in Bahrain

He arrived yesterday in Manama, the nation’s capital, and was greeted by Minister Abdullatif bin Rashid Al Zayani....

1488. Weekend News Roundup

Here are a few of the stories that made news in Cyprus over the weekend....

1489. Cyprus receives 157 million for Recovery and Resilience Plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

1490. Nicosia’s senator friend pays visit

US Senator Bob Menendez, a well-known ally of Greeks and Greek Cypriots, is on a private visit to Nicosia on Monday where he will receive the island’s highest honor...

1491. Biden taps close advisor as energy plots thicken

US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...

1492. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

1493. Open season for players searching for gas

The Republic of Cyprus along with Greece and Israel have leased a research vessel to conduct seismic surveys in waters east and west of the island, at a time when chatter over gas exploration rounds in the region are coming back to the surface...

1494. No concessions to Erdogan, says Bob Menendez

No concessions should be made to Turkish President Recep Tayyip Erdogan 'without a significant behavior change,' US Senator Bob Menendez, a Democrat and chairman of the powerful Senate Foreign Relations Committee, tells Kathimerini...

1495. Nations look to train at Cyprus security center

Three European Union member nations and three Middle Eastern countries are looking to train personnel in border, customs, maritime and cybersecurity techniques at a cutting-edge US-funded facility in Cyprus that is expected to be ready early next year, the Cypriot foreign minister said Thursday...

1496. EastMed faces another challenge next week

European Union countries will seek to prolong EU support for cross-border natural gas projects, a stance at odds with the European Commission’s plan to end such funding, according to a draft document...

1497. Fact sheet puts US-Cyprus ties at historic high

The US State Department’s latest fact sheet on the Republic of Cyprus heralds a bright future of cooperation between the countries, with relations between the superpower and the island nation described as being at a historic high...

1498. Cyprus’ baddie 'opens up' Euro contest

After last year’s hiatus due to the pandemic, Eurovision fans around the world are hours away from enjoying the biggest live music event, with Cyprus’ entry opening the popular competition where love of music is mixed with high emotions and decisive computations to declare a winner...

1499. Shipping Industry Cyprus - B2B Meetings with German Companies

1500. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...