Eurozone gets ECB boost: Summit deal uncertain

2011-10-26

The incoming head of the European Central Bank threw the euro zone a lifeline hours before a crucial summit today which looked set to fall short of a definitive plan to tackle the bloc’s debt crisis.

Mario Draghi signalled the ECB would go on buying troubled states’ bonds as leaders of the 17-nation single currency area struggled to agree a convincing set of measures.

“The Eurosystem (of central banks) is determined, with its non-conventional measures, to prevent malfunctioning in the money and financial markets creating an obstacle to monetary transmission,” he said in typically coded ECB language in a speech text released in Rome.

Outcast Tevez may sue City boss Mancini

2011-10-26

CARLOS Tevez may sue Manchester City manager Roberto Mancini for defamation of character, according to sources in the Argentine striker’s camp.

On Tuesday, City fined Tevez four weeks wages – about £1m – for what they say were five separate breaches of contract in a game against Bayern Munich.

In a letter, Tevez was told he would be charged with failing to warm up.

But a statement on City’s website said he had failed to fulfil his “obligation to participate”.

Tevez has been advised that Mancini’s post-match comments, where he said Tevez refused to play, could amount to defamation.

let paphos

2011-10-26

Double storey villa in Peyia, unfurnished, 4 bedrooms, 3 bathrooms, large living – dining area, large verandas, 4 balconies. Panoramic sea and mountain views. Central heating and a/c. Private parking, Long lease. Tel: 26815534, 99459095, 9915598.

 

LET LIMASSOL

2011-10-26

Charming Traditional House (Private Village Villa), stone-built with lots of character, 3 bedrooms, furnished with traditional furniture, restored, large internal courtyard, at Tochni near the sea (Zygi) on the way to Nicosia, for long or short term. Tel  99650320.

services

2011-10-26

AT LAST.  NO DISH Live UK and World TV  Direct to Cyprus Televisions.                     BBC1/2/3/4.

iPhone 4S makes talking to your mobile a reality

2011-10-26

 

On January 9, 2007, from the Macworld conference, Apple CEO Steve Jobs made a big announcement. “An iPod, a phone, an internet mobile communicator. An iPod, a phone, an Internet mobile communicator…these are NOT three separate devices!” he said. The iPhone was born and the entire mobile landscape has never been the same.  

All of sudden we moved from a point and click society to a touch and swipe world.  The iPhone gave way to more iPhones, the iPad, the App store and Google’s Android platform.  Nokia, Blackberry and Windows were left scrambling for answers on how to compete (not with only Apple), but with the shift to touch device user interfaces.  

Jewish Detention Camps in Cyprus remembered

2011-10-26

The University of Cyprus is due host a hotly-anticipated lecture by Professor Emanuel Gutmann entitled, The Jewish Detention Camps in Cyprus (1946-1949): the Memories of a Contemporary Witness.

In the second half of the 1940s Cyprus become the temporary refuge for tens of thousands of Jews. These events have been well documented in Israeli history but relatively untold in the history of Cyprus. The camps played a role in both the independence movement of Cyprus and the creation of the state of Israel.  In this light, the testimony of Prof Gutmann is of great interest in understanding the history of the detention camps.

Brazilian cinema exposed

2011-10-26

In the minds of many, the words Brazil and culture conjure up images of beach, footballers and dancers in vivid carnival costumes. Filmmaking and cinema on the other hand, haven’t always figured amongst Brazil’s cultural staples.

Today, after decades of film censorship by a military dictatorship and the eventual collapse of the industry in the 90s, Brazilian cinema is enjoying a renaissance, wowing audiences and critics alike. 

Electricity extras now over 30 per cent of bills

2011-10-26

AS ELECTRICITY prices are set for a further rise, the House Commerce Committee yesterday said it will ask the European Union whether Cyprus can cut VAT on electricity from 15 per cent to 8.0 per cent. 

Blaming the government, committee chairman Lefteris Christoforou suggested that the additional charges imposed on basic electricity bills were now over 30 per cent.

“We will send a letter to the EU energy commissioner and ask whether Cyprus can cut VAT on electricity from 15 per cent to 8.0 per cent as other EU countries have done,” Christoforou said. “The aim is to ease Cypriot consumers from this tax storm.”

Our View: Commerce minister absolutely right to regain control over drilling decisions

2011-10-26

A COUPLE of weeks ago, the head of the Energy Service at the commerce ministry, Solon Kassinis, publicly took credit for persuading the president to give the go-ahead for the start of drilling in Plot 12. Kassinis supposedly threatened to go public about the president’s prevarication over the start of the drilling, thus forcing Christofias to put aside his fears of a Turkish reaction. 

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.