WTI drops to $81.50, Saudi oil exports to China rebound

WTI drops to $81.50, Saudi oil exports to China rebound

West Texas Intermediate (WTI) extended losses for the third session, trading around $81.50 per barrel in Asian markets on Tuesday. Crude oil prices faced pressure after Hurricane Beryl, which struck a key US oil-producing hub in Texas, caused less damage than anticipated by markets. Despite slowdowns in refining activity and evacuations at production sites, major … Read more

From threat to opportunity

From threat to opportunity

The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group commands considerable influence in almost everything that happens in Lebanon, from politics to the economy and national defence. Apart from securing vast amounts … Read more

Fire raging in Paramali, residents fear evacuation

Fire raging in Paramali, residents fear evacuation

Fact: Thirteen fire trucks were fighting a huge fire in Limassol’s Paramali village.

Western nations urge Israel to comply with international law in Gaza

Western nations urge Israel to comply with international law in Gaza

A group of Western nations, including G7 countries, signed a letter urging Israel to comply with international law in Gaza and address the humanitarian crisis. The letter expressed opposition to a full-scale military operation in Rafah and called for increased humanitarian aid to reach the population. Israel denied blocking aid and said it needs to eliminate Hamas for its own protection. The Western nations also called for a sustainable ceasefire and the resumption of essential services in Gaza.

Cypriot tech company takes a bold leap into mixed reality

Cypriot tech company takes a bold leap into mixed reality

– Ascation was founded by George Tziazas and Minas Kyriakou in 2015.
– They started with game development but transitioned to mixed reality in 2018.
– Ascanio aims to revolutionize mission-critical training across industries using mixed reality technology.
– They received support from Kinisis Ventures and Fameline Holding Group for investment and networking opportunities.
– Ascanio’s technology provides immersive training for high-risk scenarios in various industries.
– They focus on safety, real-time feedback, and comprehensive debriefing in their training solutions.
– Ascanio’s platform integrates biosensing and haptic feedback for a realistic training experience.
– They have developed a physiotherapy module in collaboration with the University of Nicosia for Parkinson’s patients.
– George and Minas actively support the tech community in Cyprus through mentorship and participation in internship programs.
– Ascanio plans to expand into industries like shipping, aviation, construction, and telemedicine to revolutionize training methods.
– George and Minas believe in the transformative power of mixed reality technology in reshaping industries.

Western Canada blazes cause evacuations, air quality concerns

Western Canada blazes cause evacuations, air quality concerns

First major wildfires of the season have spread to roughly 10,000 hectares across Western Canada. Evacuation orders issued for communities in British Columbia due to poor air quality. Residents in Northern Rockies Regional Municipality and Fort Nelson First Nations evacuated as blaze nearly doubled in size. Fire in Fort McMurray, an oil hub, was tamed by favorable weather. Alberta recorded 43 active fires, including one near Fort McMurray. Fire started by fallen tree on power line. Evacuation alerts in place for several communities as precaution. Smoke in Fort McMurray from fires in British Columbia. Environment Canada issued special air quality statement for several provinces. Canada warned of “catastrophic” wildfire season ahead due to warm winter and ongoing drought.

Agios Sylas wildfire ‘out of control,’ Fire Service says [PHOTOS+VIDEO]

Agios Sylas wildfire ‘out of control,’ Fire Service says [PHOTOS+VIDEO]

A wildfire is burning near factories in the Agios Sylas industrial area in Limassol, prompting evacuations and a large-scale firefighting response. Firefighters are working to protect the industrial zone, with assistance from neighbouring regions, aircraft, and the Civil Defence.

Israel strikes Gaza city of Rafah after evacuation order

Israel strikes Gaza city of Rafah after evacuation order

Israel conducted airstrikes in Rafah after instructing Palestinians to evacuate parts of the city where over a million war-displaced people are sheltering. Ceasefire talks in Cairo are stalling, and Hamas warns that any Israeli operation in Rafah could jeopardize the truce negotiations. The evacuation order has sparked fears of a full-blown assault, with Hamas declaring readiness to defend Palestinians in Rafah. The UN and aid agencies have expressed concern over the humanitarian consequences of the evacuation. Israel has been threatening to launch incursions in Rafah, citing the presence of Hamas fighters and hostages. The US has urged Israel to pursue a hostage deal to avoid a military operation in Rafah.

Israel military begins evacuating Palestinian civilians from Rafah, radio says

Israel military begins evacuating Palestinian civilians from Rafah, radio says

Israel’s armed forces are evacuating Palestinian civilians from Rafah in preparation for a potential assault on the southern Gazan city. Evacuations are focused on peripheral districts of Rafah, with evacuees being directed to tent cities in nearby Khan Younis and Al Muwassi. The Israeli military has called on Palestinians in eastern parts of Rafah to move to a nearby “humanitarian area” in what appears to be the beginning of a civilian evacuation before a ground assault. Israel claims that victory against Hamas is impossible without taking the city, which is said to harbor thousands of fighters. This operation has raised concerns among Western powers and neighboring Egypt due to the high number of displaced Palestinians in Rafah.

Israeli tanks push back in northern Gaza, warplanes hit Rafah, say residents

Israeli tanks push back in northern Gaza, warplanes hit Rafah, say residents

Israeli tanks re-entered parts of northern Gaza and carried out air strikes on Rafah, killing and injuring several people. Tanks surrounded schools where displaced families were seeking refuge, ordering evacuations and detaining men. The Israeli military continued operations in central Gaza, targeting gunmen and destroying terrorist infrastructure. Israel is still imposing restrictions on humanitarian aid to Gaza, despite some claims of increased aid flows. The Palestinian health ministry reported over 33,000 Palestinians killed by Israeli fire since October.