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TOPIC: cyprus


Golden Passports, Citizenship For Sale From Cyprus To The Caribbean

MOSCOW — ​Last month, the Interior Minister of Cyprus Constantinos Petrides announced the revocation of 26 "citizenships by investment" that had been granted before stricter criteria of this program was introduced in 2018. Though Petrides refused to name those who had lost their so-called "golden passports', Kommersant has recently revealed some of the names on the list, including Russian oligarchs Oleg Deripaska, Vladimir Stolyarenko, Alexander Bondarenko, along with their respective wives and children. These oligarchs are under criminal investigations in their homeland.

The news is a reminder that this particular relationship is not an exclusive privilege of Cyprus, and Russians are hardly the only ones seeking out golden passports.

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Where Beauty Was Born

According to legend, the rocks of Petra tou Romiou in southwestern Cyprus, is where the Greek goddess of love and beauty, Aphrodite, was born. I'll spare you the full (and quite graphic) myth of her birth — it may spoil the serenity of this coastline.

Striking Politics When Drilling For Gas In Mediterranean


PARIS — Drilling operations have begun off the coast of Cyprus despite Ankara's threats against the Cypriot government. And for French oil and gas multinational Total and its Italian partner, ENI, hopes for a huge payout are running high. As IHS Markit reported earlier this year, the "Onisiforos' operation, as it's known, is expected to be "one of the most critical wells drilled globally in 2017."

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A Pelican's Pause

When the famous pelicans of Mykonos get tired of all the attention, do they take a break and fly down to the calmer shores of Cyprus?

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Fabrice Nodé-Langlois

When Brexit Hits Cyprus, Isle Of Offshore Banking And British Expats

Britain's decision to leave the EU is having a ripple effect on the island nation of Cyprus, where ex-pats and tourism operators are already feeling the pinch. But there may be a more long-term windfall in the finance industry.

TALA — Cathi Delaney chooses a shady spot on the terrace to sip a refreshing cup of iced coffee. It's October, but with temperatures well above 30°C (86°F), the nearly 60-year-old British woman is perfectly comfortable wearing just a floral dress. This, after all, is what brought her to Cyprus: the sun, the sea, the sweet life.

But in recent months, back in her country of origin, a majority of voters opted for Brexit, that will force the UK to leave the European Union — adding a major element of anxiety to her otherwise trouble-free existence. "Brexit raises a lot of uncertainties," she says, noting the various legal and bureaucratic issues. "Will I get my state pension in six years? Will my husband benefit from the General Hospital Scheme that gives affordable access to health care?"

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Lonely Dilma, Hijackass, Pope's Fiat


Htin Kyaw has been sworn in as Myanmar's first elected civilian president in more than 50 years. In his first address as president, the 69-year-old, a close aide to Nobel Peace Prize winner Aung San Suu Kyi, promised "national reconciliation" and a new Constitution guaranteeing a federal democracy and "the lifting up of people's lives." The Myanmar Times reports that Suu Kyi, who said she would rule from the sidelines since she's barred from being president herself, will be in charge of foreign affairs, the president's office, education, and energy and electric power.

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Extra! The 'Hijackass' And The Selfie That Wasn't

"It has to be the best selfie ever," Ben Innes, a British passenger who was on the EgyptAir flight hijacked yesterday, told The Sun about his picture with the hijacker.

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Snow White Revisited

In the fairy tale, the evil queen disguises herself as an old woman and tries to kill Snow White with a poisoned apple. What the story left out is that she then moved to Cyprus to sell jars of marmalade.


Stalling Stall

"Tony" the Cypriot shoe seller definitely had a knack for presenting shoes in a novel way.

Isabel Esterman

Winners And Losers From Massive Gas Discovery Off Egypt

Italian energy giant ENI has reported an unprecedented discovery of gas reserves off the coast of Egypt. It's no quick fix for the troubled Egyptian economy.

CAIRO — The Italian energy company Eni labeled the find off the Egyptian coast, a "supergiant" gas field, said to be the largest such discovery ever made in the Mediterranean.

The field, estimated to hold 30 trillion cubic feet of gas, could help satisfy Egypt's energy demand for decades, the firm said when it made the announcement earlier this week.

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