news

CMC call for meeting on , ‘neutral territory’ in Vasiliko spat

by
CMC call for meeting on , ‘neutral territory’ in Vasiliko spat

– Chinese-led construction firm CPP-Metron Consortium Ltd (CMC) called for a meeting with a “decision maker” appointed by the Cypriot government in a “neutral territory” such as Dubai.
– The situation at the under-construction liquefied natural gas (LNG) terminal at Vasiliko has reached a crisis point.
– CMC has offered a comprehensive solution to de-escalate the situation and save the project.
– Cypriot President Nikos Christodoulides is set to meet with Chinese ambassador Liu Yantao to discuss the impasse.
– Etyfa has persistently breached payment obligations under the contract for the Vasiliko LNG facility.
– CMC suspended work in January as an “absolute last resort” due to payment issues but lifted the suspension in March on assurances from Etyfa.
– Etyfa has made changes to the project and has refused to pay for them, including refusing to take delivery of the completed FSRU.

Fork Food Market goes to Geri for the first time

by
Fork Food Market goes to Geri for the first time

– Fork Food Market is celebrating its 10th anniversary and will be hosting an event in Geri, Cyprus.
– The event will take place at Parko Glypton next to the Holy Temple of Agios Charalambos on May 24.
– Food will be served from 7pm to 11pm, with the bar and music staying open until midnight.
– The market will feature street food from around the world, including classics like burgers and falafel, as well as unique options like tacos with ‘ofto kleftiko’.

Cyprus holiday home prices hit eight-year high

by
Cyprus holiday home prices hit eight-year high

The vacation home market in Cyprus has fully rebounded from the impacts of the Covid-19 pandemic, with rental rates and sale prices reaching eight-year highs.

Schauffele wins PGA Championship for long-awaited first major

by
Schauffele wins PGA Championship for long-awaited first major

Xander Schauffele won the PGA Championship by one shot over Bryson DeChambeau at Valhalla Golf Club in Louisville, Kentucky.

Salman, ’s heroics in Zalmi’s double win almost enough

by
Salman, ’s heroics in Zalmi’s double win almost enough

The group stages of the 40 Over and T20 leagues were completed, with Limassol Zalmi missing out on qualifying for the knockout stages by virtue of an inferior net run rate.

Chief Scientist participates in Digital Twin 4 Health symposium

by
Chief Scientist participates in Digital Twin 4 Health symposium

Chief Scientist Demetris Skourides was a prominent participant in the First International Symposium: Digital Twins 4 Healthcare.

Protestors block New Caledonia roads as French police pour in

by
Protestors block New Caledonia roads as French police pour in

Fact: A thousand police arrived in New Caledonia from France to help control the riots and unrest on the Pacific island.

Iranian President Raisi feared dead as helicopter wreckage found

by
Iranian President Raisi feared dead as helicopter wreckage found

The fact described in the text is that hopes are fading that Iranian President Ebrahim Raisi and his foreign minister have survived a helicopter crash in mountainous terrain and icy weather, as search teams located the wreckage and all passengers are feared dead.