Search

1051. Finance committee releases Jiu Jitsu money

The finance committee has released funds set aside to pay for Jiu Jitsu, despite accusations from MPs on the left that something did not add up in the recently-launched cash rebate scheme...

1052. MPs stalling Jiu Jitsu cash rebate

A cheque for €8.5 million to pay for Jiu Jitsu, a film starring Nicolas Cage, is being held up in the Cypriot parliament as opposition parties are blocking the cash rebate and asking questions...

1053. Cypriot hacker to be extradited to US

A young hacker could be the first ever Cypriot to be extradited to the United States, while his lawyers are urging him to file an appeal...

1054. Central warns banks ‘not to overdo it’

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

1055. Jho Low movie gaining popularity

A film about Malaysian financier and Cypriot passport holder Jho Low has been steadily gaining popularity, despite legal challenges over copyright infringement and potential defamation lawsuits...

1056. Man robs Limassol hotel in wee hours

Police are searching for a male suspect who reportedly punched a receptionist at a hotel in Limassol and managed to get away with 1000 euro...

1057. Three women arrested in brothel raid

Three women have been arrested after being accused of running a brothel in Limassol, just days after the police chief said he was waging war on prostitution...

1058. Jho Low may have multiple passports

Reports suggest that fugitive financier Jho Low may be travelling on foreign passports while Malaysian authorities suspect he may be hiding in the Middle East...

1059. Drugs behind ugly beat-down in Ayia Napa

A suspected drug dealer who was arrested Thursday in Ayia Napa reportedly had locked two younger men in an apartment and gave them a beat-down for failing to pay up...

1060. Chavez daughter got funds through Cyprus

More allegations of money laundering implicate Cyprus with a special report saying a Florida account accessed by the daughter of late Venezuelan president Hugo Chavez had money transfers from a bank on the island...

1061. Interior Minister says all have a duty to preserve Cyprus’ hard-fought reputation

We all have a duty to preserve Cyprus’ good name, Interior Minister Constantinos Petrides said on Thursday, adding that it took a lot of effort to reinstate the country’s fame under adverse circumstances....

1062. 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...

1063. Financier's Cypriot passport rocks the boat

A well-known Malaysian financier wanted by authorities in several countries appears to have obtained a Cypriot passport following recommendations from Archbishop Chrysostomos who cited investment opportunities...

1064. Massage parlours raided in two cities

Police say they have apprehended nine people in Nicosia and Limassol in connection with an investigation into sexual exploitation and human trafficking...

1065. Youths suspected in food delivery robberies

Limassol police have cracked wide open a robbery of a food delivery guy, with a number of arrest warrants pointing to a gang of students including teenage girls...

1066. Social determinants undermine the progress of modern medicine

The rise in illnesses caused by our behaviours and the social determinants of health threatens to suffocate budgets in both wealthy and poor countries, while suppressing the power of modern medicine to improve lives...

1067. MAP S.Platis joins forces with global firm FTI Consulting

1068. Four injured after man draws knife

A former employee at a courier service flew into a rage on Thursday, injuring himself and three others, including an ex cop, when he drew a knife during a heated argument over owed money in Strovolos...

1069. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

1070. EU lawmakers reject Turkey's 'safe zone' in Syria, eye sanctions steps

European Union lawmakers on Wednesday condemned Turkey’s offensive to carve out a “safe zone” in northeast Syria and prepared the way for new EU financial sanctions against Ankara....

1071. Police make headway in welfare fraud

Investigators are still trying to unravel a housing scam in Limassol that was set up to defraud state authorities by using people who were homeless and in need for help...

1072. Dutch police arrest Cypriot wanted man

Dutch police have arrested a Limassol cafeteria owner who was wanted by Cypriot authorities in connection with the fatal drug overdose of a teenager last year...

1073. Cambodia’s elite exposed through Cyprus

Golden visas are back in the news following reports that members of the Cambodian elite received or applied for Cypriot passports, with Reuters raising questions over the citizenship by investment programme...

1074. Trump hopes to mediate between Turkey and Kurds

US President Donald Trump has put three options on the table for US action following heavy criticism and worldwide condemnation of Turkey’s military offensive in Syria...

1075. Pompeo opts for diplomacy over Cyprus EEZ

The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...

1076. Larnaca police probe parking lot racist rant

Police are investigating a racism complaint after a video emerged showing Cypriot women and a child verbally assaulting a Russian woman following a fender-bender at a parking lot in Larnaca...

1077. Impeachment inquiry hits close to home

Congresswoman Maxine Waters says there is “absolutely” enough evidence to draft articles of impeachment against Trump, adding that she and other committee chairs can finish their investigations “before the year is out"...

1078. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

1079. Trump impeachment inquiry begins

Democrats in the U.S. House of Representatives on Tuesday launched a formal impeachment inquiry into President Donald Trump, accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year’s election...

1080. Dad calls cops on son

A local man has been arrested after he was chased by police Monday night in Nicosia, following a complaint by his father who reportedly said his son became violent over money...