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Cyprus Broadcasting Corporation: News in English, 00-08-10

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

From: The Cyprus Broadcasting Corporation at <http://www.cybc.com.cy/>

THURSDAY 10 AUGUST 2000

CONTENTS

  • [01] HEADLINES
  • [02] CSE MEASURES
  • [03] CSE TODAY
  • [04] TURKEY MONEY
  • [05] MARIA DRUGS
  • [06] FOREST FIRES
  • [07] STABBING
  • [08] KASHMIR BLAST
  • [09] ISRAEL FOREIGN
  • [10] USA EXECUTIONS
  • [11] LIZ OK
  • [12] TAIL STORY
  • [13] WEATHER 1330

  • [01] HEADLINES

    The government is taking immediate measures to lift the spirits of the Cyprus stock Exchange, that has followed a worrying downward trend in recent weeks, leaving investors reeling,

    Turkey is to give the pseudo-state in occupied north Cyprus, financial aid, to the tune of fifteen million pounds,

    Nineteen year old Maria Antoniadou is close to collapsing, both in health and spirit, in a Port Said prison in Egypt, were she's been held for the past two weeks, for possesion of three and a half kilos of marijuana, and

    Two-time Oscar-winning british actress Elizabeth Taylor was released from a Beverly Hills hospital last night after spending six days being treated for a mild case of pneumonia.

    [02] CSE MEASURES

    The government is taking immediate measures to lift the spirits of the Cyprus stock Exchange, that has followed a worrying downward trend in recent weeks, leaving investors reeling.

    The goal is to create a positive atmosphere among the investors and consequently, the Stock Exchange.

    The decision was reached during a meeting of all the parties involved, chaired by Finance Minister Takis Clerides, at the ministry.

    In statements after the meeting, Mr Clerides said that big institutional investors have been committed to invest, in order to support the CSE.

    Among the measures, the Finance Minister said, is a change in the way the general index is estimated.

    Instead of taking into account the last trading order given, the index will be estimated by the trading that has taken place during the last fifteen minutes of the session.

    It was also decided that commercial banks will not pressurize investors to pay up loans.

    The government is also considering investing part of the deposits of the Social Securities funds to the Stock Exchange.

    [03] CSE TODAY

    Meanwhile, the general index remained on about the same level as yesterday, closing at around 372 units, dropping by around zero point six percent.

    Trading was pitifully low once again, closing at around twelve million pounds, three and a half less, compared to yesterday's session.

    [04] TURKEY MONEY

    Turkey is to give the pseudo-state in occupied north Cyprus, financial aid, to the tune of fifteen million pounds.

    According to reports in the turkish-cypriot press,a group of turkish bureaucrats will arrive in the occupied north, to oversee how the funds will be handed out.

    Most of the money will go to those who lost all their deposits, after three banks went bankrupt.

    [05] MARIA DRUGS

    Nineteen year old Maria Antoniadou is close to collapsing, both in health and spirit, in a Port Said prison in Egypt, were she's been held for the past two weeks, for possesion of three and a half kilos of marijuana.

    The news comes from Marias' mother, Angela, that, with Marias' father were allowed to visit her today, after permission from Egyptian authorities.

    Maria, as her mother, said, was crying all the way through the visit, that lasted for half an hour.

    Maria's parents are now on their way to Ismaelia were a crucial decision is expected by the District attorney, on whether their daughter is to be released on bail.

    [06] FOREST FIRES

    A fully-fledged scheme dealing with forest-fires is being devised by the government for the first time.

    In statements to Cybc, Interior Minister Christodoulos Christodoulou said that the Ministerial Council decided to set up the scheme, to be coordinated by his ministry, with the Fire Department, the Police, the Forestry Department and Civil Defence participating.

    Complete proposals, dealing with immediate needs, but also a full list of longer term measures, have already been presented to Mr Christodoulou by the departments taking part.

    To the purpose of dealing with fires, Mr Christodoulou said that a special commitee is going to suggest bying two or three fire-fighting helcopters, worth around three million pounds each.

    [07] STABBING

    A possible stabbing incident that happened near Faneromeni church, in Nicosia last night, is being investigated by police.

    In the incident, thirty-seven year old Christoforos Siahides, a homogenous Greek from the ex-Soviet Union, living in Nicosia, suffered wounds in the chest and shoulder-blade.

    He was stitched up in hospital and kept for observation.

    The case seems to be shrouded in mystery, as Siahides claimed that an unknown compatriot attacked and injured him with a sharp instrument, while he was trying to calm down two also unknown women who were having an argument.

    Even more odd was the fact that Siahides did not want to file a complaint over the attack, and refused to give a written statement.

    [08] KASHMIR BLAST

    A powerful car bomb exploded in the Kashmiri city of Srinagar this morning, killing 10 people and wounding several, including journalists,

    Witnesses said the dead included seven Indian security personnel.

    The explosion in the heart of Srinagar came minutes after a grenade blast and was the first big attack since the frontline Kashmiri militant group Hizbul Mujahideen ended a 15-day ceasefire on Tuesday.

    The blast came five minutes after a grenade attack.

    Several journalists who rushed to cover the attack were wounded.

    Nearly a dozen militant groups are fighting Indian rule in Kashmir in a decade-old separatist revolt that has left an estimated 30,000 people dead.

    A peace initiative with Hizbul collapsed after the group called off its ceasefire because it said New Delhi had ignored Tuesday's deadline for three-way talks including Pakistan.

    [09] ISRAEL FOREIGN

    Israeli Prime Minister Ehud Barak has appointed Shlomo Ben-Ami, chief negotiator at peace talks with the Palestinians, as acting foreign minister.

    Foreign Minister David Levy resigned last week after accusing Barak of making too many concessions at the Camp David peace summit which led to an impasse after 15 days.

    Barak has been reshuffling his cabinet as an interim measure as he tries to rebuild his shattered government.

    Three of his coalition partners bolted last month over fears Barak would concede too much to the Palestinians at peace talks.

    Ben-Ami, 57, born in Morocco and now minister of public security, was starting a trip today to Turkey, Spain, Italy, the Vatican and the European Union to counter a Palestinian drive to blame Israel for the failed Camp David peace summit.

    [10] USA EXECUTIONS

    Two prisoners were executed in Texas last night, in the third double execution for the state in the past fifty years.

    The state's governor, republican presidential candidate George Bush Junior, faced the outrage of death penalty opponents,who said he was not the "compassionate conservative" he claims to be.

    Thirty-six year old Brian Robertson, convicted of killing an elderly couple in 1986, was executed half an hour before Oliver Cruz, thirty-three, convicted of the rape and murder of a female air force recruit at a US base.

    Cruz's execution especially has raised widespread controversy and fierce opposition, on the grounds that he was mentally retarded and should not be put to death.

    Of the 38 states that permit capital punishment, 13 have laws forbidding execution of the retarded, but Texas is not among them.

    Governor Bush, campaigning for the presidency, said the condemned man had not proved to be mentally deficient prior to his trial.

    Prosecutors said he deserved to die.

    [11] LIZ OK

    Two-time Oscar-winning british actress Elizabeth Taylor, is through another ordeal, for now.

    She was released from a Beverly Hills hospital last night after spending six days being treated for a mild case of pneumonia.

    Her spokesman said she was feeling much much better.

    Taylor's bout with pneumonia came almost exactly a year, after she spent 10 days in the same hospital with a vertebral fracture caused by a fall at her Bel Air mansion.

    She suffered a similar back injury about a year before that.

    Taylor, 68, has had a string of medical problems in recent years. She underwent surgery to remove a benign tumour from the lining of her brain in 1997 and has had two hip-replacement operations.

    Her last screen appearance was in the 1994 live-action comedy "The Flintstones", but she is expected to go before the cameras in September for the ABC television movie "Those Old Broads," co-starring Shirley MacLaine, Debbie Reynolds and Joan Collins.

    [12] TAIL STORY

    And finally, So much for the English gentleman, it seems -- British boys "really suck" when it comes to romance, according to the teenage daughter of U.S. ambassador to Britain Phil Lader.

    In a withering diatribe published in this month's edition of society magazine Tatler and carried in the Times, 15-year-old Mary-Catherine derided "inadequate...scrawny, pale and unhealthy looking" British boys, saying they had no idea how to court a girl.

    British guys really suck," she told the magazine. "As sexy as I once thought guys with British accents were, their lack of appealing social skills and poor dress sense soon overshadowed their attraction.

    No offence, boys.

    [13] WEATHER 1330

    Clear skies and hot weather are forecast for this afternoon.

    Winds will be moderate, three to four beaufort and the sea will be rough in some coastal areas.

    Tonight the weather will continue to be mainly clear, but in some areas, patchy cloud and thn mist are expected to form.

    Winds will be light to moderate, westerly, three to four beaufort and the sea will remain rough in some coastal areas.

    Temperatures will fall to 22 degrees inland and the south coast, 20 on the west and north coast and 18 on the mountains.

    The fire hazard is extremely high in all forest areas.


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