Parents face fines if they wrongly claim child benefit

HIGHER rate taxpayers could be fined if they fail to declare whether they or their partner receive child benefit when the universal payment is axed in 2013, the Treasury said yesterday.
It said letters will be sent to all parents who are higher earners asking them to disclose their salaries and whether they receive the perk.
Recipients who fail to respond or give false information could then face fines. The step follows the government’s announcement that child benefit is to be withdrawn from parents if one or the other pays income tax of 40 per cent.
The measure will affect people earning more than £44,000.
The curb, deeply unpopular among middle income earners, will raise about a billion pounds a year and hit more than a million families.

East Europe city dwellers buoy Christmas tree sales

EUROPE may be more secular than ever but sales of trees to mark the Christmas holiday are rising on demand from city slickers in Eastern Europe, Danish growers said.
About 70 million Christmas trees will be sold in Europe this season. That is 20 million more than 15 years ago, and the positive trend continues due to urbanisation and prosperity in Eastern Europe, a Danish Christmas tree farming group said.
“When people move from the countryside to the cities it expands the commercial market for Christmas trees because those people can no longer just go out and chop down a tree in the woods,” head of the Danish Christmas tree farmers association Kaj Ostergaard told Reuters this month.

Was France at fault for The Great Depression?

AS if France didn’t have enough problems at the moment with mass protests against pension reforms, now it stands accused of causing The Great Depression.
An academic paper published by the National Bureau of Economic Research suggests it may have been gold hoarding by France in the late 1920s that tipped the world into the economic abyss and not the oft-blamed tightening of US monetary policy.
According to the paper, written by economist Douglas Irwin of Dartmouth College, France increased its share of world gold reserves from 7 per cent to 27 per cent between 1927 and 1932 and effectively “sterilised” it so as not to have a negative impact domestically.

Berlusconi dismisses scandal, saying ‘I love women’

PRIME Minister Silvio Berlusconi said yesterday he loved life and women and would not apologise for enjoying himself after new reports of young women and parties were splashed across the front pages.
Italian newspapers have reported that a 17 year-old Moroccan girl known as “Ruby” told Milan magistrates she had attended  parties at Berlusconi’s private residence in Arcore near Milan.
The reports have raised more questions over the private life of the prime minister, whose wife Veronica accused him of “consorting with minors” and sought a divorce last year after he was filmed at the 18th birthday party of an aspiring model.

Halliburton ‘used flawed cement on BP well’

HALLIBURTON Co. used flawed cement in BP Plc’s doomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in US history, a White House panel said yesterday.
Halliburton’s shares tumbled as much as 16 per cent after the National Oil Spill Commission released a letter detailing the panel’s findings, before recovering to close down nearly 8 per cent at $31.68 per share on the New York Stock Exchange.
BP’s US-listed shares closed up 1.3 per cent at $40.60 per share.
While not absolving BP of responsibility, the report heaped criticism on Halliburton’s cement job, raising investor concerns it could be forced to bear some of the clean-up costs.

Day of the jackal is not over in Methana

THE jackal was mangy and hungry, heading towards a small house where two cats were cowering. I am told in the mountains of the Mani and Messenia 30 years ago their night time howls calling from one territorial pack to another would echo across the valleys, but the hunters have left those valleys silent. The chance now of seeing a golden jackal in Greece is so rare, that some believe they are on the verge of extinction.

US-bound packages spark security scare

Two suspicious packages being flown from Yemen to the United States were found in Britain and Dubai yesterday after a tip prompted authorities to search cargo planes on both sides of the Atlantic.
“Both of these packages originated from Yemen,” White House spokesman Robert Gibbs said in a statement, adding President Barack Obama “was notified of a potential terrorist threat on Thursday night”.
US President Barack Obama said last night that apparent explosive material was discovered in two suspicious packages that were bound for the United States from Yemen.
Obama said investigators had discovered a “credible terrorist threat” against the United States and that security would be increased in response to the incident for as long as it takes.

No word on missing radiotherapy machine

A CANCER treatment machine meant for the oncology department of the new general hospital remains “missing”, the Green Party said yesterday.
“The machine is considered still missing as its destruction has still not been recorded,” said the Cyprus Green Party MP George Perdikis.
The radiotherapy machine, worth 300,000 euros, went missing from the old general hospital last December, where it was being stored before it was meant to be transferred to the oncology department of the new general hospital, which was not yet complete. Perdikis added that since then there has been no formal investigation into what happened to the machine.
Health Minister Christos Patsalides has said that the machine was most likely destroyed during the demolition of the old hospital.

Our View: The tooth affair uncovers society’s blatant inequalities

DEPUTY Attorney-general Akis Papasavvas will return on Monday the €17,000 paid by the health ministry for his tooth implants. While insisting he had done nothing wrong and claiming that all the proper procedures had been followed, he announced he will return the money because the episode was being used as an excuse to attack President Christofias and the now retired acting permanent secretary of the ministry.

State sues O’Dwyer over website

CONOR O’DWYER will move into a self constructed ‘cardboard villa’ outside the presidential palace in an attempt to highlight a state criminal case being brought against him for publishing his story on the internet.
It is the latest twist to the on-going saga which last week saw a developer from Paralimni, his son and an associate convicted of the assault and actual body harm of the British man in a dispute over property.
The new case against O’Dwyer was filed by the Paralimni Police Chief in connection to O’Dwyer uploading material, including phone calls and emails relating to his property dispute, to the internet in 2006.
O’Dwyer says he built his website to prevent and detect a crime, whilst highlighting his plight during his dispute with Karayiannas Developers.