Bin Ladens name removed from official terror list replaced by Isis

first_imgA government bill amending the law on combating terrorism by removing Osama Bin Laden’s name while introducing the Islamic State (Isis) as a terrorist threat has been submitted to parliament, local daily Politis reported on Thursday.The law, originally voted in 2010, names individuals and organisations listed as terrorist, rendering any cooperation or transaction with them illegal, with punishment of up to eight years in prison or a fine up to €50,000 for individuals and a fine up to €500,000 for companies.Article 16 of the law bans certain “connections with” Osama Bin Laden, the Al Qaeda network, and the Taliban.“Any person violating any of the clauses in articles 2, 3, and 5 of the European Council 881/2002 on the imposition of sanctions against individuals and entities connected with Osama Bin Laden, the Al Qaeda network, and the Taliban […] is guilty of an offence and, if convicted, is subject to imprisonment of up to eight years or a fine up to €50,000, or both,” the law reads.“In the case of legal entities, the penalty is a fine not exceeding €500,000.”Bin Laden was killed in May 2011 by US commandos in a Pakistan compound.The government proposed that his name, as well as the Taliban’s, be removed from the law and replaced with the Islamic State.Al Qaeda, it was decided, will remain named in the law.The 2010 law was designed to incorporate European Union directives and United Nations Security Council resolutions into national law.You May LikeTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndoFigLeaf Beta AppFigLeaf brings You 3 Easy Steps to Privacy on Your Terms…FigLeaf Beta AppUndoGundry MD PrebioThrive Probiotic SupplementTop Yale Doctor: This Is What Happens To Your Body When You Eat GlutenGundry MD PrebioThrive Probiotic SupplementUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoOur View: Argaka mukhtar should not act as if he owns the beachUndoby Taboolaby Taboolalast_img read more

Abduction case remand extended

first_imgThe remand of the 46-year-old man, detained in connection with the abduction of four-year-old Marie- Eleni Grimsrud outside her kindergarten in Dasoupolis on April 27, has been extended by two more days, police said on Sunday. The four-year-old is currently with her father, who allegedly was behind the abduction.The suspect was arrested on May 5 and was initially remanded for eight days, but police requested an extension after it expired. He is alleged to have been the driver of a car spotted on CCTV footage at the time and from the place which the taxi that is believed to have taken father and child from Dasoupoli to Tseri left.On Saturday, police re-arrested a Dutch woman in connection with the case. The woman had been arrested after the April 27 abduction but was released earlier this week.Deputy police spokesman Stelios Stylianou said the 49-year-old woman was re-arrested after the police found new information. The suspect was allegedly involved in arranging a taxi to pick up the the girl and her father from Dasoupolis, where the abduction had taken place.There were claims she was also in the taxi and her DNA had been found on a bottle collected from the getaway vehicle.Data from her phone showed that she had been in contact with one of the suspects initially arrested by police.The four-year-old’s parents are divorced and she had been living in Cyprus with her mother, while her father was in Norway. The girl’s mother Eleni Ioannou, 48, said that two hooded men snatched Marie Eleni outside her kindergarten in Dasoupolis and drove off.A lawyer for the girl’s father, Norwegian national Torkel Grimsrud, 49, said that the father took the girl himself.You May LikeClassmates.comLook For Any High School Yearbook, It’s FreeClassmates.comUndoFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes? Better safe than sorryFigLeaf Beta AppUndoTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndo Concern over falling tourism numbersUndoAuthorities release five of 12 Israeli rape suspects, seven due in court FridayUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboolalast_img read more

Akel says candidate Malas above reproach

first_imgAkel leader Andros Kyprianou said on Tuesday that those who criticise possible presidential candidate Stavros Malas merely by the fact that he was not the party’s first choice, should stop worrying because they will find nothing else to criticise about him.Malas on Tuesday had his first meeting with Akel’s general secretariat as part of the party’s quest to find the right candidate to back for in next year’s presidential elections.The party’s central committee announced on Saturday that it has authorised the Akel general secretariat to proceed with their decision to “explore the possibilities” of cooperating with Malas in the February 2018 presidential elections, after cooperation with businessman Mike Spanos – who was their first choice – fell through last month.If Malas and Akel’s leadership see eye to eye on important issues such as the Cyprus problem and the economy, the former’s candidacy would be ratified at a party conference set to be held in September.Following the meeting, Akel leader Andros Kyprianou said that Malas has been approved by the majority of the party’s central committee, “because we believe that Stavros can gather around him the best, express most, meet the visions of the majority of Cypriot society and win its trust”.“I want to make clear that this is an independent candidacy, he (Malas) is not a member of Akel, but has always been among Akel’s first choices,” Kyprianou said.If the fact that Malas was not Akel’s first choice was the only argument critics had against his candidacy, Kyprianou said, “they should start worrying, because they will find nothing else against him”.He added that Malas’ was one of the two names discussed by the party when it launched consultations to find a candidate to back.“We tried to make a wider opening in society, we did not manage to persuade with that opening, and therefore Stavros Malas was for us a first choice and I consider this development natural,” Kyprianou said.Malas, served as health minister during Demetris Christofias’ administration and was Akel’s candidate in the 2013 presidential elections where he made it to the second round but lost to Disy’s Nicos Anastasiades.If the people of Akel approve the suggestion of the central committee, Kyprianou said, “then the progressive forces of the country will be ready to give a battle to be rid of the Anastasiades administration”.At the meeting, the two sides made an open and sincere dialogue on the positions and principles on which Malas will base his political proposal for the elections, Kyprianou said.He also welcomed that Malas’ “integrity, honesty, ethos and abilities are widely recognised by society itself”.Kyprianou said that he believes Malas will be able to handle the Cyprus problem and the economy properly.“It is obvious that things have reached a stalemate and we must keep the hope for a settlement solution (of the Cyprus problem) alive, not just any solution but one that will be based on the principles on which we have agreed with the international and the Turkish Cypriot community,” Kyprianou said.The party believes, he said, that Malas, if elected, “can guarantee that he will handle these issues with the best possible way for the Cypriot people”.Malas said that his cooperation with the party is not a not a casual agreement, and would lead to victory for the benefit of the people. He added that what he and Akel were saying back in 2013 “both on the Cyprus problem and the economy and more generally on the development of a viable economic model have been confirmed”.He said he entered politics backed by Akel to give the opportunity “to capable and sincere people” to offer their services to the executive.His consultations with Akel, he said are aimed at drafting an agreement which “will not culminate in managing partition, but managing the reunification of our country”.Commenting on that he was not Akel’s first choice, he said that George Vassiliou – who won the 1988 elections – was not the party’s first choice either.What’s important Malas said is that he and Akel will be judged by the outcome of their cooperation “and by the content of our proposals as a basis for the candidacy”.You May LikeFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes? Better safe than sorryFigLeaf Beta AppUndoYahoo SearchResearch Compact SUVs. New SUVs May Make You Want To Trade Yours In Today – See For Yourself!Yahoo SearchUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndo Pensioner dies after crash on Paphos-Polis roadUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Remarkable change in public perception of recycling

first_imgThere have been “remarkable changes” in the public’s perception of recycling, Agriculture Minister Nicos Kouyialis said on Thursday.Speaking at the final conference of the ‘Rethink – Reduce – Reuse – Recycle’ campaign, Kouyialis said the government was promoting three programmes aimed at the reduction, reuse and recycling of waste, one of which is the reduction of waste at beaches, another is ‘I pay for what I throw’ in the Nicosia district and the third concerns the management of waste in the mountain areas.The ‘Rethink – Reduce – Reuse – Recycle’ campaign had a duration of 38 months and a budget of €2.1 million, some €925,000 of which was covered by the European Union.“There have been remarkable changes in the perception and awareness of the public and the stakeholders,” Kouyialis said, noting that Cyprus faces huge challenges and problems over its obligations to the EU in terms of per capita production of municipal waste.According to the results of the most recent polls in 2017 for the project, which was presented by the CYMAR Market Research Ltd executive Christos Marangos, as a result of the campaign, awareness was raised over the reduction and the reuse of materials which would be considered as waste.In previous qualitative research for the project in 2015 and 2016 participants seemed to be completely ignorant of the term reduce in relation to waste management and there was no correlation made with the consumption attitudes followed.In the latest research in 2017, the term seems to be more widely known while the knowledge regarding the term seems to be derived from the campaign (TV awareness spots) which participants recall having watched.On the basis of the research conducted about six in ten Cypriots (55 per cent) know about the Rethink campaign.It was also noted that in 2017 the campaign was rated positively by the large majority of participants (94 per cent) while 100 per cent of those asked believe it should be continued.In 2014 recycling participation was 46 per cent, 49 per cent in 2015 and 51 per cent in 2016.A €15 million seaside project currently involves municipalities from Paralimni to Larnaca and is geared towards the reduction of waste from coastal hotels.According to the minister, soon there will be similar projects from Limassol to Polis Chrysochous.The programme ‘I pay as much as I throw’ will be implemented in the Nicosia district, while the project in the Troodos area has the aim of reducing waste production or at least the elimination of waste management.At the conference, Green Party MP Charalambos Theopemtou expressed the hope that legislation on recycling would soon be promoted. He added the environment sector can provide many jobs to unemployed scientists.On her part, Environment Commissioner Ioanna Panayiotou said there were gaps in informing the world about waste management and referred to the importance of research carried out within the framework of the programme.Other speakers were Volunteer Commissioner Yiannis Yiannakis, the Chairman of CyBC Thanassis Tsokkos and head of Green Dot, Mike Spanos.Spanos said Cyprus was a champion in legislating but of not complying with the laws and suggested there be mandatory sorting at the source ie households.‘Rethink’ was carried with Green Dot Cyprus, Fost Plus of Belgium, the Cyprus News Agency, the paedagogical institute of the ministry of education and culture, and the environment department of the ministry of agriculture, natural resources and environment.It was based on Eurostat statistics on the large amounts of waste produced for 2012, which came up with 663 kilogrammes per resident per year in Cyprus.You May LikeFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes? Better safe than sorryFigLeaf Beta AppUndoYahoo SearchResearch Compact SUVs. New SUVs May Make You Want To Trade Yours In Today – See For Yourself!Yahoo SearchUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndo Pensioner dies after crash on Paphos-Polis roadUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

People involved in organised crime to feel police presence

first_imgJustice Minister Ionas Nicolaou said on Tuesday that police will be cracking down on organised crime following an incident in Limassol in which two officers were shot, critically injuring one.In a broad meeting with all departments involved in crime fighting, it was decided that each person involved in organised crime will have to deal with the police’s continuous presence with checks, searches and whatever else necessary.“The aim is to exercise pressure on these people and convey a message of zero tolerance,” the minister said. “They must feel the police presence because in the last act they have turned against the state, something unacceptable that shows how ruthless these people are.”Nicolaou was criticised heavily by the opposition following Saturday’s incident. There were also calls for his resignationThe minister shrugged off the criticism, saying he has assumed his share of responsibility, stressing that measures were put in place after a problem was identified.He reiterated that the force must be allowed to monitor telephone communications.“There is no law regulating the ability of telephone surveillance,” he said.He was echoed by the chief of police Zaharias Chrystostomou, who said that when he tells his colleagues abroad that they could not monitor phone communications, their question was ‘how do you expect to tackle organised crime?’The chief also urged the government to fill some 500 vacant positions in the force.Chrysostomou said he was not going to disclose the force’s plans but he pledged that organised crime will soon get its response which will be unceasing.The authorities plan to create a special operations unit based on UK standards that will deal with organised crime.Central and district crime prevention squads will cease dealing with petty offences such as noise pollution, smoking, etc, which the state should not burden the police with, the chief said.Smaller offences will be dealt with by local stations until the state decides to relieve the force of them.You May LikeCLUESITEMS7 Practical Beginner Yoga Poses for Couples – CLUESITEMSCLUESITEMSUndoMyStyleMileThe Most Famous and Richest HeirsMyStyleMileUndoBest Attorneys | Search AdsThe Best Attorneys In Rowland Heights. See The Full ListBest Attorneys | Search AdsUndo UK plays Brexit hardball with ‘stubborn’ EUUndoGreece to overturn law that made universities no-go zone for policeUndoProperty owners price themselves out of the marketUndoby Taboolaby Taboolalast_img read more

Police investigate two dog shootings in Peyia

first_imgPOLICE in Peyia are investigating two cases in which dogs have been shot in the Cap Saint George area in the last month and said they are taking the matter very seriously.“We have photographs of the animals and we will find out who is doing this. It is a very serious situation for us and we are treating it as such,” a spokesman at the police station told the Cyprus Mail on Tuesday.X-ray of the dog shows the dozens of pellets in his headAccording to police, the first dog was shot around May18 and X-rays revealed he had more than 60 pellets in his head, shot from a relatively short range. He lost an eye in the incident.The wounded dog was found down an open manhole on the new Cap St. George upper road and was rescued by members of the fire brigade who did not immediately realise that he had also been shot.“He lost an eye, but by a miracle he survived,” said a staff member at Paphiakos and CCP animal welfare where the dog was treated and being cared. “He is a lovely dog and we are now looking to find him a proper home.”A second dog was injured on either June 14 or 15 and was found with more than 40 pellets in its body.“These shots were designed to kill. It’s illegal and despicable behaviour and has caused these animals unbearable suffering,” said Peyia councillor Linda Leblanc.Leblanc said that the area where the incidents have taken place is ‘quite wild’ with a lot of scrubland and that more dogs may be discovered as police and the municipality are due to visit the area to investigate what is causing an overpowering stench.“There may be another dog or dogs which are dead in the area. It’s only because of the rescue by animal welfare volunteers, vets and the fire brigade that these two dogs have survived,” she said.The councillor said that there is a pack of homeless dogs which have adapted to living in the wild in Peyia, and that if there is concern about animals roaming an area, expert charity groups should be called to trap the animals correctly.“This sort of incident has to be stamped out. Speculation is rife as to who is responsible,” she said.In addition to the shootings in Peyia, a spate of poisonings is also underway, she said. You May LikeFitness EngageTop 11 Exercises For Killer AbsFitness EngageUndoCheezburgerWhat It’s Like To Live In The Coldest City On EarthCheezburgerUndoLoveMoneyThe Quick And Cheap Way You Can Build Your Dream HomeLoveMoneyUndo Clear winner in first round of Kition bishop voteUndoGreece to overturn law that made universities no-go zone for policeUndoFamagusta municipality says Varosha entry goes against UN regulationsUndoby Taboolaby Taboolalast_img read more

Cyta launches fibre optic network

first_imgThe Cyprus Telecommunications authority (Cyta) on Thursday launched its new fibre optic network and the increase of its mobile network to 1 Gigabit Cyprus, moving closer to ultra high speed broadband networks and a 4.5G mobile network.Fibre optic is expected to be available from late July 2018. Internet Home will range up to 160Mbps, while Internet Business can reach up to 1Gbps. The service is expected to expand over the next ten years to 200,000 homes.You May LikeReport Globe8 Cutest Exotic Dog BreedsReport GlobeUndoForbesCollectible Cars and Trucks You Can Invest in for $10,000[Photos]ForbesUndoBest Of SeniorHe Has Been Collabrating Closely With George Lucas For Over 4 Decades – Here’s Ron Howard’s Net WorthBest Of SeniorUndo State Legal Service condemns attack on attorney-generalUndoGreek Prime Minister in Cyprus for official visitUndoWidowers threaten legal action over pensionsUndoby Taboolaby Taboolalast_img read more

Coop probe committee resumes work

first_imgThe committee investigating the collapse of the Cyprus Cooperative Bank’s (CCB) resumes work this week after a 10-day break.Made up of former Supreme Court judge Georgios Arestis, economist and former banker Georgios Charalambous and Georgios Georgiou, another former banker, the committee will on Thursday hear the testimonies of Auditor-general, Odysseas Michaelides and financial ombudsman, Pavlos Ioannou. Another 13 persons have been called in to testify between August 27 and 31.The independent committee, appointed by the attorney-general, will look into how the lender’s non-performing loans had reached €7.5bn as well as why the co-op required €1.7bn in state assistance for its recapitalisation in 2014. It also aims to shed light on the way the lender was managed as well as on the decisions that contributed to its collapse and forced sale to Hellenic Bank.So far, former CCB board members have testified as well as the bank’s former CEO Marios Clerides. The proceedings are held at the Filoxenia conference centre and are open to the public.You May LikeSoGoodly20 Places Where You Can Retire With $150KSoGoodlyUndoParentology7 Strategies For A Better Relationship With Your TeenParentologyUndoObsevWoman Drops Her Phone In Freezing Water, But She Gets It Back From Friendly WhaleObsevUndo Two of serial killer’s victims buried in PhilippinesUndoBritish woman who claimed gang-rape taken to courtUndoModi versus Wild: Indian PM to join Bear Grylls in wildernessUndoby Taboolaby Taboolalast_img read more

Health warning issued for two brands of processed meats

first_imgThe state veterinary services warned consumers on Tuesday to avoid two cold cuts and sausage brands as they are produced in facilities that are not approved by the authorities.According to an announcement, products of the companies ‘Χωριάτικα Αλλαντικά Ξιψιτής Λτδ’ – Choriatika Allantika Xipsitis Ltd – and ‘Πλατανικ’, – Platanik – are produced in facilities that are not approved by the veterinary services and are thus “considered unsafe and should not be consumed”. You May LikeInsured Nation – Auto Insurance QuotesNew Rule in Rowland Heights, California Leaves Drivers FumingInsured Nation – Auto Insurance QuotesUndoComparisons.orgCalifornia: Best & Worst Refinance Mortgage Companies Of 2019Comparisons.orgUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboolalast_img read more

Huge surge in demand for Cyprus passports from UK Cypriots

first_imgTHE past three years have seen a surge in the demand for Cypriot passports by the UK’s Cypriot community, while over 1,000 passports were expected to be issued this year, it emerged on Thursday.Cypriots living or born in the UK can register for Cypriot citizenship either directly through the ministry of interior, a procedure taking less than a month, or through the Cypriot High Commission in London, where a passport can be secured within three to four months.“Since 2016, when the Brexit referendum took place, we are seeing the number of applications for Cypriot citizenship double every year,” the Cypriot High Commissioner to the UK, Euripides Evriviades, told Politis daily newspaper.In fact, Evriviades said that compared to the pre-Brexit period, the High Commission has seen an increase in applications to the tune of 1,000 per cent, having received 353 applications in 2018, while only 38 were received in 2014.“Calculations for this year, raise the figure of applications to around double of those received last year, so to around 700, though this figure does not include the significant number of expats choosing to secure citizenship directly through Cyprus,” Evriviades said.Combining the data from the High Commission with the interior ministry’s civil registry and migration department, Politis said that in 2016 a total of 527 Cypriots living or born in the UK registered for Cypriot citizenship.The figure increased by 34 per cent to 711 in 2017, and by a further 15 per cent in 2018 with the figure of registrations for Cypriot citizenship by British expats reaching 818.In just the first three months of 2019, a total of 286 UK citizens of Cypriot descent filed for Cypriot citizenship, with the figure expected to surpass 1,000 by the end of the year.The surge in the number of applications filed have pushed the High Commission of Cyprus in London to launch an initiative whereby interested parties can book online appointments through the High Commission’s website, to the deputy director of the Civil Registry department, Makis Polydorou, all applications are examined on the basis of the Civil Registry Law and the Treaty of Establishment of the Republic.Polydorou told Politis newspaper that the descendants of third and fourth generation Cypriots are traced on the basis of data held by the department that date back to the Ottoman period, in conjunction with accompanying documents sent with the application.Persons born after the establishment of the Republic of Cyprus, and whose mother or father is a Cypriot citizen can apply for citizenship through a simple registration procedure, Polydorou noted. You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoYahoo SearchYou’ve Never Seen Luxury Like This On A Cruise Ship. Search Luxury Mediterranean CruisesYahoo SearchUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Ombudswoman says audit chief broke rules

first_imgA REPORT released this week by Ombudswoman Maria Stylianou Lottides alleges that auditor-general Odysseas Michaelides broke civil service recruitment procedures.It stated that the hiring by the Audit Office of 20 workers on fixed-term contracts was arbitrary as well as detrimental and discriminatory to full-time civil servants currently employed there.The matter arose when in March full-time staff working at the agency filed a complaint to the Ombudswoman, alleging that the hiring of 20 fixed-term temps at the Audit Office was in breach of civil service laws.The applicants who applied for the 20 positions have since been offered the jobs.Lottides advised the auditor-general to halt the process so as to “reconsider,” given her findings.Hitting back via a statement on Thursday, Michaelides summarily dismissed the Ombudswoman’s findings, adding that he would proceed regardless, and that the new recruits would begin work on May 2.Late last year the Audit Office decided to hire 20 extra employees so that the agency could cope with its increasing workload. It proceeded to invite applications.For the purpose of hiring the 20, the agency created two new job titles, specifying their qualifications. At the same time, it abolished pre-existing job titles.The new positions were made available to fixed-term temps (contract workers) for a period of 27 months.Temps working in the government are considered to be on fixed-term contracts if their employment is up to 30 months. Where for whatever reason their employment continues beyond 30 months, they are ‘upgraded’ to open-end contract workers.But the full-time civil servants who filed the grievance, argue that this procedure is wrongful because the Audit Office should have first issued an official job description per civil service regulations.Weighing in on Michaelides’ side, the Public Administration and Personnel Department said there is no requirement for a job description to be issued when hiring fixed-term temps.The full-time employees at the agency are aggrieved because the new job titles created by Michaelides applied specifically and solely to fixed-term employees. Meaning that the full-time staff were excluded from applying for the new positions.Moreover, the 20 new positions come with higher pay grades that the job titles abolished by Michaelides. Meaning that at least some of the new recruits will receive salaries that are higher than existing full-time personnel at the Audit Office.The full-time staff allege – and the Ombudswoman agrees – that this will cause tensions at the workplace since the new recruits, by virtue of their higher pay grade, will consider themselves superior in the hierarchy even though they are temps.But in his response, Michaelides said this is a flimsy argument.“The Ombudswoman is conflating seniority with hierarchy. At any given department, there is always a relationship of hierarchy among staff.”Sticking the knife in, he added:“It is a shame that, through her superficial analysis on such serious matters, the Ombudswoman is discrediting the importance of her own institution.”Michaelides went on to say:“Our 20 new colleagues shall start working at the Audit Office on Thursday, May 2, 2019. We are confident that the existing staff shall embrace their new colleagues…”Michaelides and Lottides have been at loggerheads before, clashing publicly over the latter’s apparent refusal to grant him access to records of her office.Lottides had declined to hand over the data, citing possible violations of privacy. Michaelides said he only wanted to look at the meta-data, not details that would unmask an individual’s identity.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoModernizeIf Your Home Has Old Roofing, Read ThisModernizeUndo Concern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’Undoby Taboolaby Taboolalast_img read more

Some progress in ongoing battle to move petrol storage tanks

first_imgAn inter-ministerial committee tasked with oversight of the gradual relocation of fuel storage facilities from Larnaca’s coastline to Vasiliko, in the Limassol district, said it has made some progress following its first meeting held last Friday.Moving the facilities has been a long-standing demand by Larnaca residents, due to concerns over safety and health.The inter-ministerial panel, convening for the first time last week, said that two petroleum companies, having secured the relevant permits, have begun construction works at Vassiliko on expanding current facilities or building new ones.According to an announcement, two other fuel companies have chosen the interim solution – having their own facilities temporarily hosted on property owned by other companies currently based in Vasiliko.The signing of agreements and binding contracts was expected soon, the statement added.Regarding liquefied petroleum gas (LPG) facilities, the committee heard that actions are underway for licensing the four companies engaged in the business.Present at the meeting were the mayors of Larnaca and Livadia, with observer status, although they are interested parties.In June of this year, the energy ministry announced the signing of a memorandum of understanding (MoU) between the government and six private companies for the removal of the fuel storage facilities at Larnaca to Vassiliko.Energy Minister Giorgos Lakkotrypis said that even though the municipalities from the areas in question were not party to the MoU that he submitted to the cabinet, the plan would go ahead and a timetable had been fixed with a deadline of December 31, 2019 for moving the liquid fuels, and the creation of LPG facilities by December 31, 2020.Earlier, Larnaca municipality had rejected a third draft of the MoU on the relocation of the oil and gas firms from the district by 2020 and said it was no longer willing to engage in further discussions as long as there was no progress.At the time, Larnaca mayor Andreas Vyras explained that they rejected the MoU over a clause giving the right to any signatory to opt out of the deal if they wished to, by giving a month’s written notice. You May LikeCalifornia Earthquake AuthorityEarthquake coverage that comes with optionsCalifornia Earthquake AuthorityUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSUVs | Search AdsThese SUVs Will Take Your Breath Away. Research 2019 Luxury Crossover SUV DealsSUVs | Search AdsUndo Concern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’Undoby Taboolaby Taboolalast_img read more

Bad loans decline through coop deal a credit positive Moodys says

first_imgMoody’s rating agency said the decline of non-performing exposures (NPEs) by €5.6bn, or 33.6 per cent, stemming from the resolution of the co-operative bank (CCB) is a credit positive for the Cypriot banking system because it reduces asset quality risks and supports depositor confidence.The NPE improvement primarily reflects the resolution of Cyprus Cooperative Bank Ltd. (CCB) and subsequent transfer of its €5.6bn of NPEs, primarily related to household lending, to a non-bank asset management company, Cyprus Asset Management Company.CCB’s resolution and NPE transfer reduce the risk of higher losses for the Cypriot banking system, Moody’s said.The CCB’s remaining assets and deposits were transferred to Hellenic Bank, which has supportedoverall depositor confidence in the system.Cyprus’ percentage of NPEs dropped to 31.8 per cent by September 30, 2018, which remains highrelative to the region, but is down from 40.4 per cent at the end of the previous month, and 43.7 per cent at year-end 2017.“We estimate that the majority of CCB’s NPEs (over 80 per cent) were primarily mortgage loans. Therefore, the NPE ratio in the household sector (accounting for 40 per cent of system gross loans as of September 2018) improved the most, declining to 38 per cent as of September 2018, from 53 per cent as of August.”Household loans have the lowest loan loss coverage ratio so their exclusion leads to an improvement in the system’s overall coverage, Moody’s said.However, the reduction in banking system NPEs does not reduce the debt burden on the economy because CCB’s NPEs will continue to be managed, albeit outside of the banking system, with the intention of being restructured, rescheduled and repaid.Cypriot households continue to be highly indebted: household debt was 105 per cent of Cyprus’ gross domestic product and nonfinancial corporate debt accounted for an additional 122 per cent of GDP as of March 2018. The transfer does not reduce these debt levels.In total, NPEs across Cypriot banks dropped by €10bn during the first nine months of 2018 to €11bn, almost half the amount as of year-end 2017.In addition to the recent €5.6bn transfer, the other main driver of the recent reduction was roughly €3.2bn of NPE sales and transfers by Bank of Cyprus, Alpha Bank, and Hellenic, primarily related to small and midsize enterprises.Despite the reduction from these sales and transfers, however, the pace of actual loan repayments has been very slow, despite economic recovery and growth since 2015.Moody’s said it expected loan repayments to be supported by the recent regulatory and legislativemeasures to improve the foreclosure and insolvency framework, and a government-sponsored plan (Estia) targeting socially vulnerable borrowers that have defaulted on their mortgages. Estia, in particular, is expected to incentivize the resumption of repayment of around €1.4bn of retail loans that remain in the banking system’s NPE balances.You May LikeCalifornia Earthquake AuthorityEarthquake coverage that comes with optionsCalifornia Earthquake AuthorityUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSUVs | Search AdsThese SUVs Will Take Your Breath Away. Research 2019 Luxury Crossover SUV DealsSUVs | Search AdsUndo Our View: Argaka mukhtar should not act as if he owns the beachUndoPensioner dies after crash on Paphos-Polis roadUndoThree arrested in connection with hotel theftsUndoby Taboolaby Taboolalast_img read more

Rep Noble invites residents to open office hour in Plymouth

first_img27Apr Rep. Noble invites residents to open office hour in Plymouth Categories: Noble News State Rep. Jeff Noble of Plymouth will host an open office hour on Monday, May 8 from 9 to 10 a.m. at the Plymouth Township Office Multi-Function Room, 9955 N. Haggerty Rd.“A government that is accessible and listens to the people is more efficient and effective,” Rep. Noble said. “I always want to hear from residents about state issues and this is a great opportunity to have an open and direct dialogue.”No appointment is necessary. Those unable to attend may contact Rep. Noble at 517-373-3816 or via email at read more

Rep Griffin bill aiming to increase broadband expansion efforts signed into law

first_img Categories: Griffin News,News Legislator: Less government red tape will allow for faster processLegislation sponsored by state Rep. Beth Griffin streamlining requirements needed for broadband expansion work in county rights-of-way has been signed into law by Gov. Rick Snyder.County road commissions have jurisdiction over rights-of-way and require permits, inspections and project reviews due to the close proximity of lines and mains beneath the ground. Right-of-way permit requirements vary widely from county to county, creating an arduous process for telecommunication and video service providers when they are working within the right-of-way.House Bill 5097, now Public Act 97 of 2018, places caps on certain permitting costs and helps to accelerate future expansion projects.“Improving internet service quality and speed is a big demand from residents and job providers I speak with in the 66th District,” said Griffin, of Mattawan. “In order for rural areas across the state to attract jobs and residents and compete, reliable access to high-speed broadband is a necessity. We must continue to cut through the red tape and ensure that government is a partner in broadband expansion and not a hindrance. When providers are forced to jump through hoops to do work in one area, plans to expand service in that area, and other areas of the state, will inevitably be impacted negatively.”The proposal advanced through the Michigan House on Feb. 28 and overwhelmingly in a Senate vote on March 21. 04Apr Rep. Griffin bill aiming to increase broadband expansion efforts signed into lawlast_img read more

Trade Not Aid Farmers Organize to Make Noise over Tariffs

first_imgShare22TweetShareEmail22 Shares“Thriving Soybeans,” Don O‘BrienJuly 26, 2018; New York MagazineAre farmers generally happy with the promise of $12 billion in federal aid in return for having their trade relationships interrupted? Not at all. Arguing that it is at best a short-term fix with serious long-term consequences, farmers launched into campaign mode yesterday across rural America. One line was repeated over and over: “Trade over aid!”Eric Levitz in New York Magazine notes that the trade war has already cost US farmers dearly. “The National Farmers Union,” writes Levitz, “estimates that the tariffs foreign countries have placed on American farm products—in retaliation against Trump’s various tariffs—have already cost U.S. agricultural interests $13 billion.”Farmers speaking out yesterday made any number of points in support of this position while trying not to bash the administration entirely. In essence they boiled down to:The money being vastly inadequate even as a short-term plug.The interruption of hard won trade relationships would be disruptive and possibly hard to resume in the long term.The destabilization of the farms would make them unattractive to lenders upon which they depend.Bloomberg reports on this last aspect:Some farmers are going to have some tough conversations with their bankers, said John Heisdorffer, president of the American Soybean Association and himself a grower in Keota, Iowa. While the assistance plan “will help out a little bit,” he said, sour prices will prompt bankers to ask: “Why should I give you money again to operate?”Farmers for Free Trade, a nonprofit advocacy group backed by the American Farm Bureau Federation and major commodity groups like the National Pork Producers Council, is investing $2.5 million in a four-month ad campaign to show the pain caused by Trump’s new trade policies. Farmers for Free Trade formed last year in response to Trump’s potential withdrawal from NAFTA and other administration trade policies.One television ad is set to run on Fox News, CNBC, and CNN, as well as in local television and radio markets in Iowa, Pennsylvania and Michigan. The ad responds to White House trade adviser Peter Navarro saying on July 19th that the impact of the tariffs are nothing more than a “rounding error.” The ad sends this rebuke: “America’s farmers and factory workers are not a rounding error.”Farmers for Free Trade will also deploy digital and print advertising along with town hall events starting during the August congressional recess. Just when Trump “rages against reality” by demanding that his family, let alone his staff, adhere to the rule that Fox is the only source of approved news, the farmers are bringing their inescapable truth directly to the president where he lives.US farm exports, which enjoyed their third-best year on record in fiscal year 2017 according to US Department of Agriculture Secretary Sonny Purdue, are key to the sector’s profitability. Those profits are now under threat after China imposed tariffs on US soybeans and other farm products in retaliation for US tariffs on Chinese manufacturing goods. Trump’s recent $12 billion emergency relief package for farmers includes direct payments to farmers, purchases of agricultural commodities for food-aid programs, and stepped-up promotion of new export markets. National Review reported that the aid will come from the Commodity Credit Corporation, a depression-era program that can borrow $30 billion from the US Treasury without the approval of Congress. Not known for resisting subsidies, farmers are taking issue with this bailout. Government relief is not nearly enough to fill the gap that this emergency of Trump’s own making is creating.While some farm groups applauded the handout, many took it as confirmation that the White House has no intention of calling off its trade war anytime soon. After all, if the president were on the brink of a breakthrough with China, he wouldn’t feel compelled to funnel such large subsidies through an obscure New Deal–era program. On Tuesday, the American Soybean Association demanded a “a longer-term strategy to alleviate mounting soybean surpluses and continued low prices, including a plan to remove the harmful tariffs.” That sentiment was echoed by other agricultural lobbies, including the recently formed Farmers for Free Trade—which is preparing a $2.5 million campaign against the president’s tariffs.This developing story will showcase the consequences of the Trump administration’s trade policies and actions. Farmers for Free Trade intends to make known the real-life costs of farmers, manufacturers, factory workers, and families who are experiencing the loss of jobs, cancelled contracts, and increased prices.—Jim SchafferShare22TweetShareEmail22 Shareslast_img read more

Video technology provider Harmonic has launched a

first_imgVideo technology provider Harmonic has launched a new integrated receiver decoder platform ahead of next week’s NAB show.The ProView 7100 provides transcoding, transport stream descrambling, and MPEG stream processing in a single rack unit. The unit’s SD and HD MPEG-2 and MPEG-4 AVC video decoders and transcoders are designed to enable a range of transport stream distribution and contribution applications, including DVB descrambling and digital turnaround processing. The ProView 7100 performs multiformat video decoding with up to four stereo pairs of audio decoding, descrambles up to four transport streams, and transcodes up to eight channels, according to Harmonic.last_img read more

Englishlanguage teaching channel English Club TV

first_imgEnglish-language teaching channel English Club TV has struck a deal with the Hungarian Cable Communications Association for distribution by members of the association.Ferenc Kery, president of the Hungarian Cable Communications Association, said: “The English Club TV Channel is included in the Agreed Tier on the Cable System. The Hungarian Cable Communications Association is respecting the channel for its efforts since it helps all Hungarian viewers improve their English in the best way.”The latest deal follows one signed between the channel and Latvian Electronic Communications Companies Association, which was created to distribute and promote TV channels in the Baltic States.last_img read more

Turner Broadcasting System TBS has closed its ge

first_imgTurner Broadcasting System (TBS) has closed its general entertainment channel TNT in Turkey. The broadcaster has closed the channel “with immediate effect” as a result of poor performance.“TNT Turkey has not performed and grown according to the business plan. This led to a thorough business review, which concluded with this carefully considered decision,” the company noted in a statement.However, the company, which is owned by Time Warner, said it remained committed to its other Turkish channels including CNN Turk and Cartoon Network Turkey. “Turner will continue to explore expansion opportunities in this important market,” it added.last_img read more

Al RTV a channel aimed at Russias Muslim populat

first_imgAl RTV, a channel aimed at Russia’s Muslim population, has launched, coinciding with the Eid holiday that marks the end of Ramadan.The channel is targeted at the country’s Muslims – accounting for about 8% of the population – principally concentrated in the Republics of Chechnya, Kabardino-Balkaria, Ingushetia, Karachay-Cherkessia and Dagestan in the North Caucasus and Bashkiria and Tatarstan in the Volga region.Al RTV will be included in pay TV operator Tricolor TV’s satellite offering, according to press reports.Damir Mukhetdinov, the deputy chairman of the Russian Muslim Religious Directorate for European Regions, told Russian radio that the channel would be privately funded and was backed by three individuals. The channel’s chief editor has been named as Rustan Arifdzhanov, vice-president of the Eurasian Academy of Television and Radio Broadcasting.last_img read more