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5731. 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...

5732. Fuel targets rehash gas price debate

Consumers are crying foul over rising gas prices at the pump, with some resorting to crossing the checkpoints to fill up in the north as the government draws criticism for failing to meet EU energy goals...

5733. GCC achieves high Customer Satisfaction

5734. Egypt issues warning over Cyprus rights

Egypt has sent out a warning on Sunday about repercussions of any unilateral moves that could breach the rights of the Republic of Cyprus and pose threats to security and stability in the Middle East...

5735. 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...

5736. Nicosia and Athens condemn Ankara's illegal drilling

The Government of Cyprus publicly condemned Turkey’s newly planned illegal drilling within the Exclusive Economic Zone and continental shelf of the Republic of Cyprus, while the Greek Foreign Ministry strongly condemned Turkey΄s plans, stressing that their actions have neither legal effect nor create fait accompli....

5737. DP World Limassol agrees to revise policy

Transport Minister Yiannis Karousos has been promised a change of policy at DP World Limassol, with the company saying it would service more than two cruise ships in a given day following complaints...

5738. House condemns Turkish involvement in Libya

The House of Representatives of the Republic of Cyprus, in a resolution adopted unanimously, condemns the decision of Turkey to sell and dispatch weapons and troops, which violates the Libya embargo, and calls on the UN to monitor the implementation of the UN and EU embargo on weapons by Turkey, in order to impose sanctions wherever necessary, at least in the EU framework, and also calls on the Cyprus government to send humanitarian aid to the Libyan people. ...

5739. France signals support for Greece

The participation of the Hellenic Navy in the carrier group that will escort the French aircraft carrier Charles de Gaulle on a part of its mission in the Eastern Mediterranean is seen as yet another indication of Athens’ desire to strengthen its ties with Paris. The government also sees the move as French support for Greece in light of the Turkish-Libyan maritime border accord....

5740. Haftar tells Athens Turkey-Libya deal invalid

The agreement on maritime boundaries in the Mediterranean signed between Turkey and the Tripoli-based Government of National Accord is in violation of international law and is therefore invalid, Libyan military commander Khalifa Haftar said after a meeting with Greek Prime Minister Kyriakos Mitsotakis in Athens on Friday...

5741. Libya’s Haftar in Athens for talks

Greek Prime Minister Kyriakos Mitsotakis vowed on Thursday to veto any solution on the North African country if the maritime border deal between the Tripoli-based government with Turkey is not scrapped...

5742. Libya summit will not discuss maritime borders

The summit that will be held in Berlin this Sunday, January 19th, to try to find a path to peace for Libya will not discuss a contentious deal signed between Turkey and Libya on maritime borders, a German Foreign Ministry spokesman said on Wednesday, responding to a question on why Greece was not invited to the conference, despite its request to participate....

5743. Cyprus pays off costly crisis loan early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

5744. President: Cyprus does what is necessary for stability and peace in the region

President of Cyprus Nicos Anastasiades said on Tuesday, January 14th, that the government does whatever is necessary, through diplomatic means, in order for international law, stability and peace in the region to prevail....

5745. Effort at international level for Cyprus missing persons to be intensified

Cyprus President Nicos Anastasiades and the Pancyprian Organisation of the Relatives of Undeclared Prisoners and Missing Persons discussed on Tuesday, ways to intensify the effort at an international, political and diplomatic level to be intensified so that Turkey can be pressured to cooperate in the matter of the missing persons in Cyprus, during a meeting at the Presidential Palace, in the presence of Foreign Affairs Minister Nikos Christodoulides and Presidency Commissioner on Humanitarian Issues Photis Photiou....

5746. Greece has asked Germany to participate in Libya summit

Greece has asked to attend a summit in Berlin which will discuss a path to peace in Libya, government spokesman Stelios Petsas revealed on Tuesday...

5747. Libya truce on shaky ground

Khalifa Haftar, commander of the Libyan National Army, has left Moscow without signing a ceasefire agreement drafted at talks in Russia on Monday...

5748. Cypriot students take to the streets

Organized student groups were gathering outside the Presidential Palace in Nicosia on Thursday to protest the implementation of exams on a semester basis...

5749. Video walkthrough explains Iran plane crash

A chilling video published by The New York Times offers a step-by-step walkthrough of what happened before and after a Ukrainian airliner was brought down by an Iranian missile...

5750. 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...

5751. New Ayia Napa mayor to fight for autonomy

Newly-elected Ayia Napa mayor says he will stay the course in the fight to keep the resort town autonomous, while pushing for reform...

5752. 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...

5753. Libya blames maritime tensions on Greece

Libya has slammed Greece in a recent letter to the United Nations, accusing Athens of refusing to play fair, while US State Secretary Mike Pompeo says he is taking on a new initiative to de-escalate Greco-Turkish tensions over maritime borders...

5754. Both US and Iran claim ‘self defence’

Iranian UN ambassador has sent a letter to the UN Security Council calling Tehran’s missile strikes a "measured and proportionate" act of "self-defense,” while the US also says killing Quds Force commander Qassem Soleimani was for self defence...

5755. Cyprus okays US ’forward deployed’ unit

Nicosia has accepted a request from Washington regarding the arrival of an American Rapid Deployment Forces unit for humanitarian purposes in case of an emergency...

5756. Iran escalation continues after midnight tweet

US President Donald Trump on Saturday threatened to hit 52 Iranian sites “very hard” if Iran attacks Americans or US assets after a drone strike that killed Iranian military commander Qassem Soleimani, as tens of thousands of people marched in Iraq to mourn their deaths...

5757. US preemptive strike put to the test

The Trump administration on Friday justified its killing of a top Iranian general as an act of self-defense, trying to deflect accusations that it violated international law and concerns raised by legal experts and a senior UN rights investigator....

5758. Critics pounce on Ayia Napa verdict

The British teen who was found guilty of lying to Ayia Napa police about being raped is determined to take the case to the Supreme Court while the verdict has fueled even more debate in Cyprus and around the world...

5759. London raises red flag over Ayia Napa verdict

The British government is raising red flags over the Ayia Napa rape verdict, after a 19-year-old Briton was found guilty of lying to police about being gang raped by Israeli teens...

5760. 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...