Market up again: investors’ group warns of `trap’

THE STOCK market continued its mysterious ascension yesterday, adding another 5.2 per cent to the all-share index, with a massive £10.3 million volume, unseen since the halcyon days of 1999.

But the Investors Association was not only unimpressed by the 23 per cent hike in a single week, it went as far as to warn investors that they were being set up for a fall.

Savvides: no real improvement in Archbishop’s mental health

THERE has not been any spectacular improvement in the Archbishop’s mental condition and his ability to communicate, Health Minister Frixos Savvides said yesterday.

But the minister did say that the Archbishop had showed some progress in his movement since the day he returned from Athens last month.

Two jailed for stealing gun

A LARNACA criminal court yesterday handed out a stern sentence of three-and-a-half years imprisonment to two men charged with breaking and entering, theft, illegal possession of a firearm and arson.

Hospital treatment for hunger striker

THE EX-POLICEMAN on hunger strike in Nicosia’s Eleftheria Square since last Tuesday was rushed to hospital by ambulance yesterday after his condition seriously deteriorated. The 33-year-old man had been camping in the square in protest at what he described as abusive and unfair treatment by the police force.

Radiomarathon launches into fundraising action

THE annual `Radiomarathon of Love’ charity event started off at the break of dawn yesterday with 58 kiosks set up throughout the island collecting money for children with special needs. The event, running into its 13th year, was organised by Laiki Bank and the Cyprus Broadcasting Corporation (CyBC) with the support of the Phileleftheros Group. 

Patients’ rights to be enshrined in law

IT WON’T be long before basic patients’ rights are finally enshrined by law, Health Minister Frixos Savvides said yesterday in an announcement hailed by medical authorities as well as patient support groups.

Cyprus in shipping tangle over New England shipping collision

CYPRUS may play a crucial part in determining how justice is served for a tragic accident at sea last year that cost the lives of three Americans, in an affair complicated by issues of jurisdictions.

In August 2001, the tanker Virgo collided with the Starbound fishing vessel some 200 kilometres off the coast of New England, in international waters.

Man jailed for assault on tourist

A 26-YEAR-old diver from the Famagusta district was yesterday jailed for three years for the vicious assault against a British woman who was abandoned bleeding and half naked outside Ayia Napa in September.