THE TWO economic giants of the US and Japan are engaging in a currency war as they simultaneously try to boost their own economies. Over the past few days we have seen volatility in the USD/JPY pair and there is no sign of this letting up with both Japan’s Kuroda and the US’s Bernanke saying they will continue to support stimulus until they see improvements in their local economies.
Read MorePosts by tag: church
Unravelling the secrets of your home
Does your home serve and support you? EMILY MILLETT speaks to House Whisperer Christian Kyriacou about uncovering what your home is trying to say to you
According to Christian Kyriacou, my living room “needs work”. But it’s not the bring-someone-in-to-give-it-a-lick-of-paint kind of work he’s referring too, because Cypriot born, UK-based Christian from his cosy looking home in suburban London is looking over my shoulder and into my chilly little living room in Engomi during a Skype conversation. Using the intuitive gifts of energy reading that he first remembers noticing as a four-year-old, he is reading the space behind me, and it seems that what he is seeing is not so good.
Read MoreNEW — Highlights-Comments from eurozone Cyprus talks
BRUSSELS, March 24 (Reuters) – Cypriot President Nicos Anastasiades embarked on last-minute crisis talks with international lenders in an attempt to save the island from financial meltdown.
The talks with EU, European Central Bank and IMF leaders in Brussels will be followed by a meeting of eurozone finance ministers, intended to help Cyprus meet a Monday deadline to avert collapse of its banking system and potential exit from the euro.
Following are comments from officials and ministers ahead of the finance ministers’ meeting:
Read MoreCypriot ‘no’ inspires Greeks to rail against austerity
GREEKS and opposition parties inspired by the Cypriot rejection of an unpopular bailout deal urged Athens yesterday to stand up to foreign lenders whose demands have resulted in repeated rounds of austerity that have made Greek life a misery.
“See what Cyprus did? We are proud of them,” said Fey Papadopoulou, 22, a university student. “They should be an example for our politicians, who have succumbed to every demand.”
“The Cypriots set an example to follow,” left-leaning Eleftherotypia said in its leading editorial. “How can the Cypriots say ‘no’ and we can’t even reject a single property tax?”, ran a headline on Greek television channel Antenna.
Read MoreBig ‘no’ to kitesurfing on Salt Lake
THE lack of proper protection for some environmentally sensitive areas results in people taking advantage by using wetlands on the island for various water sport activities, conservationists said yesterday.
Greens MP Giorgos Perdikis has called on the government to invest in protecting and safeguarding Cyprus’ nature reserves. This comes after Larnaca Municipality received a number of complaints from residents near the Salt Lake that people were kitesurfing on the wetlands site.
“Plans are in place to solve the problem with the creation of an Environmental Information Centre next to the Salt Lake,” environmental officer at Larnaca municipality, Costas Kokkinos said.
Read MorePapadopoulos throws down the gauntlet
DIKO deputy Nicolas Papadopoulos yesterday announced his intention to run for the leadership of the party in a bid to take over from Marios Garoyian whose leadership he said was marred by a series of bad choices that have damaged the party’s integrity.
The son of the former president Tassos Papadopoulos stepped down as DIKO vice-chairman in January in what he said was a “political act of disagreement with the decision to back Mr Anastasiades” in the presidential elections.
DISY’s Nicos Anastasiades went on to win the elections, thanking Garoyian and DIKO voters for their support.
Read MoreOur View: Things not looking good for national carrier
THINGS are not looking good for Cyprus Airways. On Monday it announced losses of €55.8 million for 2012 which were more than double its losses for 2011. Revenue for last year was down by 17.6 per cent to €175.5 million and was mainly attributable to falls in passengers and freight. Announcing its results, the company said it expected the coming year to be challenging because of an economic downturn in its main markets of Cyprus and Greece.
Read MoreAuthorities detain Syrian family who sought to reach Sweden
FEARING that asylum seekers in Cyprus are detained indefinitely, a Syrian family tried to sneak in and out of the country on fake passports to seek asylum elsewhere but were detained by authorities, their family has said.
The four Syrians, a couple and their son and a family friend, fled from Syria in fear of their lives, their Sweden-based family has told the Cyprus Mail.
The four Syrians were caught at Larnaca airport in the early hours of February 24 trying to board a flight to Stockholm via Warsaw on fake passports. Police said the suspects said they procured the passports in Turkey and then entered the government-controlled areas through the Turkish-occupied north.
Read MoreArmy exercise
RESIDENTS in the Akrotiri and Episkopi areas have been warned they may experience inconveniences on roads close to the British Bases after a military exercise began yesterday and will continue until February 18. They have also been warned not to be alarmed by the sounds of any explosions which might be heard.
“There may be some disturbance on some of these days and possibly evenings. Exact times cannot be provided,” a statement for the British Forces said.
“Please do not be concerned if explosions are heard in the local area. This occasionally happens when certain atmospheric conditions prevail,” it concluded.
Read MoreTrans woman was placed in men’s holding cells
THE POLICE force’s practice of holding trans women in men’s holding cells on the rationale they “only want to be women but are men” has prompted a non-governmental organisation to file a complaint on the grounds of discrimination.
A Nicosia court last Saturday remanded three women, in connection with running a brothel following a police raid on Friday night.
The police referred to one of the women as a “transvestite man” rather than a trans gender female – based on information on her ID that said she was male. They were adamant the term was correctly applied when the Cyprus Mail asked for clarification.
The police then placed her alone in a cell at the men’s block.
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