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541. President offers Troodos vacation residence for coronavirus quarantine

State-owned properties in Troodos, including parts of the Presidential summer dwellings, will be provided to host suspected coronavirus carriers in quarantine....

542. EAC vows to credit back overcharges

An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...

543. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

544. Prison officers seize meth in straws

Police say two prison visitors were arrested Thursday on drug possession charges after they were suspected of attempting to smuggle drugs into jail...

545. Football and Money Laundering

It has been identified years back at European and global level, that sports and especially football is being used by criminals to launder dirty money and derive illegal income...

546. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...

547. Turkish hackers target Cyprus government emails

Sweeping cyberattacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said. The hackers have attacked at least 30 organizations, including government ministries, embassies and security services as well as companies and other groups, according to a Reuters review of public internet records. Victims have included Cypriot and Greek government email services and the Iraqi government’s national security advisor, the records show. ...

548. 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...

549. Thousands of Greek cards to be replaced in travel website data breach

Greece’s four systemic banks have canceled or are planning to cancel and replace up to 15,000 credit and debit cards, after the payment card data used by some of their customers on a Greek online tourist services portal was hacked....

550. Residents furious over phone jamming tests

Residents near Central Prisons in Nicosia got some answers over the lack of phone signals in their neighbourhood over the weekend, with officials pointing to a cell phone jammer that was simply too strong...

551. Where is Malaysian fugitive financier Jho Low

There is plenty of speculation in the media over the whereabouts of fugitive financier Jho Low, with the Malaysian inspector general saying he could resort to “unorthodox methods” to get him back...

552. Three international firms to perform due diligence checks for people granted citizenship before 2018

Cyprus Interior Minister Constantinos Petrides has told the Cyprus News Agency (CNA) that the Interior Ministry will proceed, in cooperation with three international specialized firms, to due diligence checks for the cases of people granted Cypriot citizenship before 2018, when stricter checks entered into force....

553. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

554. Court orders return of girl's body for burial

The funeral of a little girl who went into cardiac arrest during a dental procedure was to go forward Wednesday according o plan following a judge’s decision to reject a police request for a post mortem against her parents’ wishes...

555. State blocks funeral of little girl

The funeral of a four-year-old girl who passed away in hospital on Tuesday has been reportedly blocked by state officials, following a legal request for a post mortem...

556. Cyprus resorts to UN Security Council over Varosha

In statements to the press late on Friday after having completed all his meetings on the sidelines of the UN General Assembly, President Anastasiades expressed his satisfaction about the outcome of his “interesting and extremely important” meeting with the UN Secretary General Antonio Guterres and the understanding with which Cyprus’ positions were received by the five Security Council permanent members. ...

557. Anastasiades: We accept political equality

In this context and following a call from the Secretary General for an agreed basis for the resumption of negotiations, there is an understanding by the leaders of the two communities that the relevant “Terms of Reference” should comprise the following elements: ...

558. Safeguards against climate change

Climate change has become the main concern of the younger generations, and it seems it is the main issue that can spur them into action. The great majority of young people used to be strangers to politics and protest. Now politics is entering their lives as they realize that the decisions of those who rule the world, whether it is politicians or corporations, will decide their own future. ...

559. Passport holder vindicated after months in jail

A French citizen who spent four months in jail awating trial after being accused of using a fake passport was vindicated on Monday, after a judge said a reasonable suspicion against him was not warranted...

560. Natalie's body found in a ditch on Ikaria

The body of Natalie Christopher was discovered on Wednesday afternoon on the Greek island of Ikaria, putting an end to search efforts for the British Cypriot scientist who went missing on Monday while on vacation...

561. Greek police expand search for Natalie

Police investigators are testing DNA and trying to decipher mobile phone signals in Natalie Christopher’s disappearance, the British woman who went missing on a Greek island while on vacation with her Cypriot boyfriend...

562. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

563. Guarantees and Rights of Intervention

Both Turkey’s illegal invasion in 1974 and its occupation of Cyprus, were claimed to be based on its own interpretation of the Treaty of Guarantee. These arguments are well known. Today, Turkey still insists on the same interpretation of this Treaty....

564. Digital Challenges for Internal Auditors & DPOs

565. Deadly mega-fires bring new challenge to Europe

The European Union describes wildfires as “a serious and increasing threat” across the continent....

566. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

567. CMP exhumes missing person in the north

Human remains believed to belong to a missing person have been found in the north, using an arbitrary excavation method that appears to be more promising in finding unmarked graves...

568. Cyprus on the right track to combat trafficking

A US report says the Republic of Cyprus fully meets the minimum standards for the elimination of trafficking, while also offering recommendations for improving prosecution of criminals and offering assistance to victims...

569. Motive behind tanker attacks unclear

570. Police need more time to prosecute Orestis

Alleged serial killer Nikos Metaxas was remanded for another eight days on Friday, with prosecutors scrambling to build a solid case while trying to minimize the possibility of factual or legal errors...