Search

2611. Officials spot loopholes in medical cannabis law

A number of provisions in the medical marijuana legislation were taken out prior to a vote, prompting officials to call for amendments to block doctors from prescribing cannabis without any limits...

2612. 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. ...

2613. Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

2614. Unemployment in Cyprus drops to 6.5%

The euro area seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% in June 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union ...

2615. 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....

2616. The first visits to Washington and Jerusalem

It’s only three weeks since Nikos Dendias took over the foreign affairs portfolio, but he has already sent a pretty clear signal regarding the new government’s foreign policy priorities...

2617. Greek PM: We choose peace and reconciliation, without giving up sovereign rights

History, which is recorded in books and in memories, is alive and present and reminds us of our obligation to defend justice and not be complacent, Prime Minister Kyriakos Mitsotakis said on Tuesday from the Cyprus Republic, where he is wrapping up a two-day official visit. ...

2618. Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...

2619. Britain begins escorting all UK vessels through Hormuz Strait

Britain has started sending a warship to accompany all British-flagged vessels through the Strait of Hormuz, a change in policy announced on Thursday after the government previously said it did not have resources to do so. ...

2620. UNFICYP mandate renewal sends message of urgency for resumption of Cyprus talks, US diplomat says

US Mission’s to the UN Political Coordinator Rodney Hunter has said that his country believes UNFICYP’s new mandate sends a message that the two leaders, Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci "must work with a sense of urgency" to resume reunification talks. He also expressed disappointment with the lack of progress since the Conference on Cyprus in 2017 but expressed the belief that a settlement "remains achievable." ...

2621. Greek, Cypriot, Israeli officials meet in Washington to discuss 3+1 partnership

Officials from Greece, Cyprus and Israel met in Washington on Thursday to discuss economic engagement as part of an ongoing US-backed regional cooperation initiative dubbed 3+1. ...

2622. Anastasiades responds to Akinci’s hydrocarbons proposal

In a letter to UN Secretary General Antonio Guterres President Anastasiades responded to a proposal by Turkish Cypriot leader Mustafa Akinci regarding the co-management of natural gas affairs. ...

2623. Lacroix-Anastasiades discuss UNFICYP’s mandate

Government Spokesman Prodromos Prodromou said on Wednesday that President Anastasiades had the opportunity to raise the matter of Turkey’s provocations within Cyprus’ exclusive economic zone (EEZ) as well as his efforts for the resumption of reunification talks during a meeting with Jean-Pierre Lacroix, UN Under-Secretary-General for Peace Operations. ...

2624. Cyprus and Greece strike a chord on migration

Interior Minister Constantinos Petrides says immigration and refugee issues are of “national importance” during comments on return policies for undocumented migrants throughout the EU...

2625. Two-state solution: Negotiating tactic or inevitability

In an interview on Monday Turkish Foreign Minister Mevlut Cavusoglu said that in Crans Montana President Anastasiades told him that the best solution is a two-state solution and that later in New York Anastasiades said to move forward with a confederation. ...

2626. Pyatt calls for stronger defense cooperation

“The United States has spoken very clearly on the question of the S400 and the F-35. We’ve spoken very clearly on the provocative nature of the drilling activities that Turkey has engaged in in waters off of Cyprus. But none of that changes the fact that we, like you, need to find a way to make this work,” Pyatt added....

2627. US removes Turkey from F-35 program after Russian missile purchase

The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet programme, a move long threatened and expected after Ankara began accepting delivery of an advanced Russian missile defence system last week. ...

2628. No time for mixed signals

We are entering a very thorny patch in Greek-Turkish relations. Turkey’s activities within Cyprus’ exclusive economic zone (EEZ), combined with the standoff with the United States over Ankara’s acquisition of the Russian S-400 missile defense system are increasing the tension further in Greece’s wider region. ...

2629. Cyprus, diplomacy and the dizzying gas effect

The spin on political developments in Cyprus has had a dizzying effect on the public but state institutions seem unshaken...

2630. US to participate in East Med energy summit

At an Economist conference in Greece it was announced that United States Assistant Secretary of State for Energy Resources Frances Fannon will participate in the East Med energy summit in Athens which will be held on the 29th of July along with the the Ministers of Energy from Cyprus Yiorgos Lakkotrypis, Greece's Kostis Hatzidakis and Israel's Dr. Yuval Steinitz....

2631. Trump says 'not fair' that U.S. can't sell F-35s to Turkey

U.S. President Donald Trump said on Tuesday it is “not fair” to either Turkey or the United States that Washington cannot sell Ankara billions of dollars worth of F-35 fighter jets after it bought a Russian air defense system...

2632. Bidding for Nicosia bypass begins

The government has issued a public highway tender for the first phase of the long-awaited Nicosia bypass, which is expected to significantly reduce traffic jams in the capital...

2633. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

2634. David Harris: US closer to Greece, Cyprus, Israel

Washington recognizes Greece’s strategic value and reliability as an ally, attributes that only grow stronger as doubts deepen over Turkey’s stance, American Jewish Committee (AJC) CEO David Harris tells Kathimerini in an interview...

2635. The new government, image and symbolism

The first indications from the new government are sending out all the right signals. Tuesday’s handover ceremonies at the ministries confirmed a return to normalcy, after a decade-long crisis that painfully divided the country. Both sides should be given credit for the civilized political discourse that prevailed during the change of guard. It is hoped that this spirit will continue during the debates that are expected to take place in Parliament, not only in the sense of a more sophisticated rhetoric, but also, hopefully, in the approval of some government bills by the new main opposition....

2636. First parts of Russian S-400 system delivered to Turkey

Turkey’s purchase of the Russian defense systems, which Washington says are not compatible with NATO’s defense network, is one of a series of issues which have put the allies at odds. ...

2637. Nicosia wants tougher measures against Turkey

The sanctions that were discussed on Thursday by national envoys of European Union member-states against Turkey over its illegal drilling activities off Cyprus do not, reportedly, go far enough for Nicosia, which wants tougher measures. ...

2638. Britain says Iran attempted to block its oil tanker

Three Iranian vessels tried to block the passage of a British ship through the Strait of Hormuz but withdrew after warnings from a British warship, the British government said on Thursday. ...

2639. Cyprus aims to be among the first to regulate blockchain technology

Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...

2640. Lukewarm reaction to EU sanctions on Turkey