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Cyprus Broadcasting Corporation: News in English, 01-03-15

Cyprus Broadcasting Corporation: News in English Directory - Previous Article - Next Article

From: The Cyprus Broadcasting Corporation at <>


  • [01] HEADLINES
  • [08] AFGHAN BBC
  • [09] CSE
  • [10] TAILER

  • [01] HEADLINES


    The investigation into alleged transfers to Cyprus of illegally-accrued funds from Yugoslavia are continuing today, following yesterday's submission to the Attorney-General's Office, by Yugoslav Central Bank Governor Mlatjan Dinkic, of the names of ten offshore companies which could have been involved in the matter.

    Speaking to our station this morning, Attorney-General of the Republic Alecos Markides noted that above and beyond the names of the companies, no other information was given regarding their possible embroilment in money-laundering schemes, and added that Yugoslav authorities have committed themselves to handing over more information by the end of next week.

    Mr Markides further said that a decision on whether or not to hold a formal investigation will be taken when and only when the alleged evidence is submitted through official channels.

    In answer to a relevant question, the Attorney-General of the Republic stressed that there is no indication whatsoever of Cypriot citizens being involved in the said money-laundering schemes.


    Maltese Foreign Minister Dr Joseph Borg, in Cyprus on an official 3-day visit since yesterday, was this morning received by President of the Republic Glafkos Clerides.

    Dr Borg subsequently had a meeting with Acting House of Representatives President Nicos Anastassiades, following which he visited the Archaeological Museum in Nicosia.

    A working luncheon is currently being hosted in his honour by Cyprus' Minister of Foreign Affairs Ioannis Kasoulides, after which the two European Small States' and Mediterranean countries' Foreign Ministers are scheduled to hold a joint press conference.

    This afternoon, the Maltese Foreign Minister's itinerary includes separate meetings with Cyprus' Chief EU-negotiator Yiorgos Vassiliou and Nicosia Mayor Lellos Demetriades, with whom he will also tour Old Nicosia town and visit the ceasefire line.

    Another official function is scheduled for tonight, this time a dinner at the Forum Intercontinental Hotel in Nicosia once again hosted by Foreign Minister Ioannis Kasoulides.

    Dr Joseph Borg will be leaving Cyprus tomorrow morning.


    Cyprus' Ministers of Interior and Justice and Public Order, Christodoulos Christodoulou and Nikos Koshis, this morning left for Brussels to attend a Council of Europe conference on matters pertaining to their two ministries.

    On the sidelines of the conference, Mssrs Christodoulou and Koshis are expected to meet with their counterparts from all EU member- and EU candidate-states.

    The conference itself is to focus on the establishment of interstate co-operation for the combatting of organised crime, with particular emphasis on drug trafficking, illegal immigration and white slavery.


    A Cyprus House of Representatives inter-party delegation headed by House President Spyros Kyprianou today completed its official visit to Moscow by meeting the Chairman of the Russian parliament's "Unity" grouping, Boris Grizlov.

    The Cypriot delegation is returning to the island tonight, with the exception of House President Kyprianou who will realise a four-day visit to Armenia accompanied by the Cyprus-Armenian representative at the House, Bedros Kalaydjian.


    House Deputy Marios Matsakis today raised the issue of what he described as "the largest spy antenna in the world" being erected within the Western British Sovereign Base Area near the village of Akrotiri.

    Speaking before the House Agriculture Committee, Mr Matsakis said that the entire system, the erection of which is scheduled to begin this May with its projected completion set for 2003, will comprise three 96-metre masts spanning a ground distance of 184 metres and covering a total area of 90 donums.

    In closing, Marios Matsakis noted that if allowed to go ahead, the operation of the antenna will have serious repercussions on both the fauna and flora of the Akrotiri Salt Lake aquatic habitat.

    Discussion of the matter is set to continue.


    Turkey's banking watchdog seized control of a middle-ranking private bank early today, in a clear sign of the government's determination to tackle a sector crisis threatening the country's entire economy.

    Iktisat Bank, 19th biggest among around 80 in terms of total assets, was seized less than a day after new economy chief Kemal Dervis announced sweeping measures to reform huge state banks.

    Today's was the second such move against a bank since a financial crisis broke in February, slashing the value of the Turkish lira by some 30% and scuppering a three-year IMF-backed financial reform plan.

    In making the announcement, the Banking Supervisory Board said Iktisat had been taken over by the Deposit Insurance Fund because the bank's continued operations were endangering its depositors and the security of the financial system. The move has brought to 13 the number of failed banks transferred by the board to the Deposit Insurance Fund over the last few years.

    Dervis, appointed to deal with a crisis triggered by a political row last month and restore foreign confidence in Turkey, said that all bank deposits would be guaranteed by the state.

    [08] AFGHAN BBC

    Afghanistan's ruling Taliban movement today carried out its threat to close the Kabul office of the British Broadcasting Corporation and expel the service's correspondent on charges of biased coverage.

    BBC reporter Kate Clark left overland for neighbouring Pakistan before the expiry of her 24-hour expulsion order issued by the Taliban foreign ministry yesterday.

    Clark, who had been based in Kabul for 18 months, was accused by the Taliban of filing "biased" reports of the Afgan ruling movement's controversial order to destroy all statues in the country, including two giant Buddhas hewn out of cliffs in the central province of Bamiyan.

    The Taliban refused to say if they would allow the BBC to reopen its Kabul office, but foreign ministry spokesman Mohammad Osman Sheryar said that BBC coverage of Afghan affairs since the purist Islamic movement swept to power in 1996 had been "provocative".

    The BBC had maintained a bureau in Afghanistan for the last 10 years.

    [09] CSE

    The Cyprus Stock Exchange continued on its downward slide today, with the All-Share Index closing at 196.45, down 0.47% from yesterday.

    At the same time, the overall volume of trading remained at relatively low levels, reaching just 5 million 251 thousand pounds.

    [10] TAILER

    Nothing outre or off-the-wall in today's tailer, but a tribute which some may say has been too long in the waiting...

    British rock band Queen will be inducted into the prestigious US-based Rock and Roll Hall of Fame next week, 10 years after the death of their singer Freddie Mercury.

    Queen, fronted by the flamboyant Mercury, were one of Britain's biggest musical exports during the 1970s and 80s, rocking stadiums with hits such as "Bohemian Rhapsody", "We are the Champions", and "Crazy Little Thing Called Love".

    Other acts being inducted in 2001 include US hard rockers Aerosmith, singer/songwriter Paul Simon, self-proclaimed "King of Pop" Michael Jackson, art-rock duo Steely Dan, R&B legend Solomon Burke, doo-wop combo "The Flamingos" and rock-and-roll singer-guitarist Ritchie Valens, who died in a 1959 plane crash.

    A Hall of Fame spokeswoman told Reuters that the band's citation for entry read: "In the golden era of glam-rock and gorgeously hyper-produced theatrical group came close in either concept or execution to Queen."

    How true...

    [11] WEATHER

    Gradually increasing cloud cover is forecast for this afternoon, with the possibility of scattered showers, mainly over the mountains. Winds will be moderate southwesterlies, 4BF, on moderate seas, while temperatures are not expected to exceed 22C inland and in the south, 20C in the west, and 14C at higher altitudes.

    Skies will clear up by tonight however, leading to generally fair conditions, with winds abating to light to moderate west-to-northwesterlies, 3-4BF, on moderate seas, and temperatures dropping to 9C inland, 11C in coastal regions and 5C on the higher reaches of the Troodos mountains.

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