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Cyprus

Astoria Characters: The Forgotten Hero

Nancy Ruhling | Posted 07.06.2014 | New York
Nancy Ruhling

Nick is the guy who made headlines as the Hard-Hat Hero in October 1996 when he risked his life to save a woman and her son and granddaughter from a crane's crashing boom at a Harlem construction site.

Time Traveling in Cyprus for Less Than $2

Katie Belle | Posted 04.02.2014 | Travel
Katie Belle

Who needs a time machine when you've got $2 in your pocket? Not us, that's for sure. My little girl is learning about the Romans at school, so during our summer holiday in Paphos I'd promised her we could go back to the 2nd century AD (well, sort of...)

Cyprus Broadcasts 'Wrong President' New Year's Message

Agence France Presse | | Posted 03.04.2014 | World

Cyprus's state broadcaster apologised on Thursday for transmitting the wrong presidential New Year message on December 31 and said an investigation ha...

Astoria Characters: The Family Who Lives Above the Store

Nancy Ruhling | Posted 03.02.2014 | New York
Nancy Ruhling

The glass door to Astoria Carpet stands wide open in welcome. Eleanor Kazas is watching the people pass by, but she won't be doing this for long. Today, and every day, she has a lot of orders to tend to.

Peace Signs Created Including Nuclear Stainless Core Metal From Decommissioned Nuclear Missiles

Lin Evola | Posted 12.21.2013 | Arts
Lin Evola

Artist: Lin Evola Managing Principal, Rêverie Arts Gallery: Derek Cabaniss Photo credit: Reagan D. Pufall ""1962 No. 2" | 30" x 22" | wat...

First Ever Direct Flight From Turkey to Cyprus, in My Lifetime

Alparslan Akkuş | Posted 11.30.2013 | World
Alparslan Akkuş

Turkey and Greece and Cypriots have to make a decision and either continue their nonsense political dissidence or immediately start the negotiations to give way to a united Cyprus.

Knock, Knock, Knocking on the Union's Door, for Half a Century

Alparslan Akkuş | Posted 11.24.2013 | World
Alparslan Akkuş

While Turkey was knocking on the European Union's door for half a century, the world and so the EU has changed dramatically.

In Cyprus Merging Sea and Sky

Barbara Barton Sloane | Posted 09.15.2013 | Travel
Barbara Barton Sloane

It is said that when Aphrodite stepped from the sea foam onto the shore at Pafos, the locals welcomed her with open arms. When you visit Cyprus and are greeted with kopiste! (come join us), I think you'll feel just as the goddess did....most welcome.

Medieval Feces, Seriously

Tony Phillips | Posted 08.26.2013 | Weird News
Tony Phillips

Cyprus, as you might know, is a country strangled by debt, struggling beneath the heel of the austere European boot. Cyprus can't pay its trash collectors, but someone has the funds to send researchers there to dig up the contents of a 12th Century latrine.

Crusaders' Poop Puts Medieval Life In Unflattering Light

LiveScience | Megan Gannon | Posted 06.19.2013 | Science

Intestinal parasites have been found lurking in ancient poop in the toilet of a medieval castle in western Cyprus, scientists report. The findings pa...

Is Russia Pivoting to Turkey?

Shai Franklin | Posted 08.17.2013 | World
Shai Franklin

Recent developments and atmospherics may presage closer cooperation between Russia and Turkey, and probably with some intent.

The Islamic Menace of Turkey

Evaggelos Vallianatos | Posted 08.13.2013 | World
Evaggelos Vallianatos

The current protests in Turkey may have a beneficial effect in diminishing the Islamic fervor of the Turkish government. But judging Turkey just on its recent history, the expectations for a more civilized Turkey may be premature.

The Money King Is Ruling: Long Live That Forgotten King of Solitude

Efterpie Araouzou | Posted 07.28.2013 | World
Efterpie Araouzou

Probably the island that suffered the most conquests in the history of the world, Cyprus has been once more attacked by another mighty ruler: The King of Money.

Turkey: Opportunities and Risks Ahead

Alon Ben-Meir | Posted 07.09.2013 | World
Alon Ben-Meir

Turkish Prime Minister Recep Tayyip Erdogan's visit to Washington on May 16 comes at a pivotal time when the Middle East is riddled with extraordinary conflicts that have the potential of exploding into a regional war.

Unlucky Number 13: Is Slovenia Next in Line for a Bailout?

Luka Orešković | Posted 07.02.2013 | Business
Luka Orešković

While some hope of a miracle occurring in the coming months remains, so does the question of whether the new Slovenian government is willing to invest enough political capital to push through the necessary reforms before the capital markets decide to lock Slovenia out once again.

Has Gold Lost Its Luster?

Michael Farr | Posted 04.23.2013 | Business
Michael Farr

The drop in gold is puzzling considering gold's status as a safe-haven asset. Some attribute the drop in gold to the fact Cyprus may have to sell its gold reserves. But last Monday's drop was just a continuation of a long slide in the price of gold over the past several months.

One Piece Of Economic News You Really Must Hear

Michael Hodin | Posted 06.14.2013 | Fifty
Michael Hodin

Yet for all the humbug and melancholy, the ratings agency Standard & Poor's has some unexpected good news in its new report. Contrary to what your Twitter feed may suggest, a number of nations are making notable progress in reforming fiscal and economic policies to account for population aging.

Cyprus Rescue: From Bad to Worse

Mohamed A. El-Erian | Posted 06.12.2013 | World
Mohamed A. El-Erian

We are now watching the second botching of a Cyprus rescue in less than a month. The implications cannot be good for Cyprus... and for Europe as a whole.

The New York Times Thinks Bleeding Cyprus Is 'Strong Medicine'

William K. Black | Posted 06.09.2013 | Business
William K. Black

Has the New York Times ever had Krugman spend two hours educating its financial reporters about austerity and the euro's design defects? That would be one of the best investments it could ever make in raising the quality of its reportage on these issues.

Hey, They Are Stretching the Truth Way Too Far

Mohamed A. El-Erian | Posted 06.07.2013 | Business
Mohamed A. El-Erian

I was struck by what came out of the Troika this week after it finished negotiating the program with the authorities in Cyprus. This is not the first time officials bungle an element of the Cypriot rescue.

German Minister: Offshore Tax Haven Report Will 'Increase Pressure'

Reuters | Posted 06.05.2013 | Business

By Stephen Brown BERLIN, April 5 (Reuters) - German Finance Minister Wolfgang Schaeuble said on Friday he was glad the identities of t...

Are We Heading Towards Cyprus or Socialism?

Les Leopold | Posted 06.04.2013 | Business
Les Leopold

What will happen the next time the largest banks in America gamble their way into chaos? Will taxpayers bail them out again or will the "stakeholders" be forced to make up the losses?

Cyprus and Greece: Living in "Hotel California"

Angelo Federico Arcelli | Posted 06.03.2013 | World
Angelo Federico Arcelli

It is now clear that the endgame of financial crisis in Europe is not a game of chicken with debtor nations that threaten to leave the Euro, but rather a contentious (but one-sided) debate over how much local bank depositors will have to share in the cost of future bailouts.

Cyprus Finance Minister Quits

Reuters | Michele Kambas | Posted 04.02.2013 | Business

NICOSIA (Reuters) - Cypriot Finance Minister Michael Sarris quit on Tuesday after concluding talks with foreign lenders on a bailout that forced the i...

Unfortunately, the Cyprus Crisis Is Not Yet Over

Mohamed A. El-Erian | Posted 06.02.2013 | Business
Mohamed A. El-Erian

Wherever they look, Cyprus and its European partners are running out of easy options. Rather than seek additional short-term palliatives, they would be well advised to invert their operational logic.