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Credit card purchases down

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CREDIT card purchases in Cyprus recorded a decrease between January-July 2013, compared to the same period last year, according to data released by JCC.

The purchases during the above period stood at €1.2 billion, down 9.0 per cent compared to last year. The amount of transactions carried out by visa cards was also down by 4.0 per cent. The average amount per  transaction was €69 compared to €73 in 2012.

According to the data, in July some €186 million worth of goods and services were purchased using credit cards, a decrease of 5.0 per cent compared to July 2012.

Over 2.0 per cent of all transactions were in supermarkets, 12.26 per cent for clothing, shoes and accessories, 10.6 per cent at petrol stations, 6.8 per cent at pubs and restaurants and 4.3 per cent for utility bills.

As regard the purchases and cash withdrawals by Cypriots abroad, the JCC data show a decrease of 4.0 per cent between January-July 2013.

Those transactions amounted to €763 million, and the average transaction was €129 compared to €137 last year.

The July records show a decrease in purchases and withdrawals abroad  of 12 per cent, amounting to €104 million.

The data also show an increase of 2.0 per cent in the use of credit cards by tourists in Cyprus, accounting for €287 million. The July increase was 3.0 per cent and amounted to €66 million.

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AG’s office neither confirms nor denies probe into co-op boss’s loans

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Outgoing head of the Central Co-operative Bank Erotocritos Chlorakiotis

 

By George Psyllides

A SENIOR state official neither confirmed nor denied on Monday whether instructions had been given to investigators to look into claims the outgoing head of the Central Co-operative Bank (CCB) had taken millions in loans, which were not being paid.

Daily Politis reported that investigators looking into how the economy was led to collapse have been instructed to also cover the issue of loans apparently secured by Erotocritos Chlorakiotis and his family as well as other similar cases in co-ops.

It was reported last week that Chlorakiotis, his wife and daughters, and a company whose sole shareholder was his wife, received €10.9 million in loans from the Strovolos Co-op several years back, which were not being paid off.

Asked by the Cyprus News Agency, deputy attorney-general Riccos Erotokritou declined to give a direct answer.

“No statements are made about these matters,” he said, adding that anything concerning the committee of inquiry, either directly or indirectly was being assessed.

“In this sense, yes, this matter too is under the investigators’ microscope,” Erotokritou said.

A committee of inquiry is currently looking into the island’s economic debacle but criminal investigators are also probing aspects, which did not fall under the committee’s terms of reference.

“Anything that concerns the committee of inquiry directly or indirectly, the procedure and the documents being submitted, are evaluated by the investigating team with the aim of finding possible criminal offenses,” Erotokritou said.

The rumours regarding the loans to Chlorakiotis and his family had been circling since he announced his decision to retire early in June.

Asked about the matter at the time, the CCB chief said: “I personally feel there is nothing wrong regarding loans possibly taken out by my family,” adding that there had not been any preferential treatment.

Last week however, web-based media outlet Sigmalive published a letter to Chlorakiotis written by former Central Bank of Cyprus governor Athanasios Orphanides on March 8, 2010, in which he speaks of the significant delays in repaying the loans.

Orphanides suggested there was a conflict of interest, since it appeared that the loans kept Chlorakiotis from taking any measures to rectify the large capital deficit the Strovolos Co-op had.

The former CBC governor added that despite the problematic situation, Chlorakiotis and his family managed to restructure their debts, securing a three-year grace period.

Some of the loans matured in 2037, Orphanides said, a period that was far beyond the date of 66-year-old Chlorakiotis’ retirement.

 

 

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UK’s Prince George is a rascal, says new father William

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By Michael Holden

PRINCE George, the baby son of Britain’s Prince William and his wife Kate, is a bit of a rascal who does not sleep well and needs to have his diaper changed far too often, his father said in his first interview since the birth.

George, the third-in-line to the British throne, was born on July 22 amid a global media frenzy, reflecting the international popularity of his parents and ongoing fascination with the British royal family.

In an interview with CNN broadcast on Monday, William said the future heir, who weighed 8 lbs 6 oz (3.8 kg) at birth, had grown quickly, describing his son as a “little fighter” who was keeping Kate and him up at night.

“He’s a little bit of a rascal. He either reminds me of my brother (Prince Harry) or me when I was younger, I’m not sure,” he said with a smile.

“He’s doing very well at the moment. He does like to keep having his nappy (diaper) changed. He wriggles around quite a lot and he doesn’t want to go to sleep which is a little bit of a problem.”

Cheers and a barrage of camera flashes greeted William and Kate when they gave the world the first and as yet only glimpse of their newborn son when they left a London hospital the day after his birth. The couple is expected to release another photo of the prince shortly.

William said the experience had been daunting.

“I think I was on such a high anyway and so was Catherine about George that really we were happy to show him off to whoever wanted to see him,” he said laughing.

“As any new parent knows, you are only too happy to show off your new child and proclaim that he’s the best looking or the best everything.”

Kate was doing a “fantastic job” he said, and admitted fatherhood had changed his view of life.

“I think the last few weeks for me have been just a very different emotional experience, something I never thought I would feel myself, and I find, again it’s only been a short period, but a lot of things affect me differently now,” he said.

William and Kate, both aged 31, had been expected to be very hands on parents, in contrast with the traditional formal upbringing of British royals, be it changing diapers or the fact William himself drove his family away from the hospital.

Commentators said it was all part of the modernisation of the monarchy in the last decade of which William and brother Harry had been at the forefront, garnering support for the royal family which dipped after the death of their mother Princess Diana in a Paris car crash in 1997.

“Driving your son and your wife away from hospital … was really important to me and I don’t like fuss so it’s much easier to do it yourself,” he said.

The royal couple had been living in a remote part of Wales, where William works as a rescue helicopter pilot, but since the birth, they have been staying with Kate’s parents before moving to revamped quarters at KensingtonPalace in central London later this year.

“As a few fathers might know I’m actually quite looking forward to going back to work. I’m just hoping that the first few shifts I go back I don’t have any night jobs,” he joked.

Asked if he intended to pass on any of his passions, such as an wildlife conservation, William replied: “At the moment, the only legacy I want to pass on to him is to sleep more and maybe not have to change his nappy quite so many times.”

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CyTA unions call on board to resign

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TRADE unions affiliated to the Cyprus Telecommunications Authority (CyTA) have urged the government to explicitly ask the entity’s board to step down.

In a joint statement yesterday, a number of unions representing CyTA employees said that since the board has failed to tender their resignations on their own, as they should have, it’s time the government takes bold action.

“We are appealing to the Cabinet, which meets tomorrow [today], to call on the entire board of CyTA to resign,” the statement read.

“In this way the Cabinet will remain consistent with its declarations on transparency and cracking down on corruption,” it added.

The unions are calling for the removal of the CyTA board on ethical grounds, because some of the board’s members have been embroiled in corruption and financial mismanagement allegations relating to a real estate investment.

That investment is the subject of an ongoing probe. It involves the purchase by CyTA’s pension fund of office space near Larnaca airport at reportedly a price several times the going market value.

Allegations have surfaced that millions of euros were given to grease the deal, with kickbacks going to  CyTA officers, an MP, a political party and trade unionists.

Some union officials have told an investigative panel that they had been opposed to the investment but that the CyTA leadership ignored them and went ahead with it anyway.

In their joint statement, the objecting unions noted: “It is inconceivable and unparalleled that public figures who have been implicated or named in the ongoing case should retain their positions.”

This was not a judgment on anyone’s culpability, which is the purview of the courts, they added.

However, “In all democratic countries, whenever public figures are under investigation, the least they do is remove themselves from their positions, since their continued presence alone carries the risk of hindering the investigation or evidence tampering.”

The statement went on to congratulate the interior minister for recently calling on CyTA chairman Stathis Kittis to quit.

Responding to the minister, Kittis then said that he served at the pleasure of the government of the day – essentially daring the state ( which appoints the boards of semi-state enterprises) to sack him.

Kittis, who also heads the pension fund management committee, insists the land deal in question was above board.

 

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White House: US did not seek detention of journalist’s partner

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US journalist Glenn Greenwald (left) walks with his partner David Miranda in Rio de Janeiro's International Airport on Monday

BRITISH officials gave their US counterparts a “heads up” before detaining the partner of the journalist who first reported secrets leaked by fugitive US intelligence agency contractor Edward Snowden, the White House said on Monday.

But American law enforcement officials did not ask British authorities to question journalist Glenn Greenwald’s partner, David Miranda, the White House said.

“This is a decision they made on their own,” White House spokesman Josh Earnest told reporters at a briefing.

He did not provide information about how far in advance British officials notified the United States that Miranda would be detained.

British authorities used anti-terrorism laws on Sunday to detain Miranda as he passed through London’s Heathrow airport.

Miranda, 28, a Brazilian citizen, said he was questioned for nine hours before being released without charge, minus his laptop, cellphone and memory sticks, which were seized.

Greenwald vowed yesterday to retaliate by publishing more documents and said Britain will be “sorry” for detaining his partner for nine hours.

Greenwald, a columnist for Britain’s the Guardian newspaper who is based in Rio de Janeiro, said the detention was an attempt to intimidate him for publishing documents leaked by Snowden disclosing US surveillance of global internet communications.

Snowden, who has been granted asylum by Russia, gave Greenwald from 15,000 to 20,000 documents with details of the US National Security Agency’s surveillance programmes.

“I will be far more aggressive in my reporting from now. I am going to publish many more documents. I am going to publish things on England too. I have many documents on England’s spy system. I think they will be sorry for what they did,” Greenwald, speaking in Portuguese, told reporters at Rio’s airport where he met Miranda upon his return to Brazil.

“They wanted to intimidate our journalism, to show that they have power and will not remain passive but will attack us more intensely if we continue publishing their secrets,” he said.

Miranda told reporters that six British agents questioned him continuously about all aspects of his life during his detention in a room at Heathrow airport. He said he was freed and returned his passport only when he started shouting in the airport lounge.

Brazil’s government complained about Miranda’s detention in a statement on Sunday that said the use of the British anti-terrorism law was unjustified.

Many Brazilians are still upset with Britain’s anti-terrorism policies because of the death of Brazilian electrician Jean Charles de Menezes, who was mistaken for a suspect in a bombing attempt in 2005. Menezes was shot seven times in the head by police on board an underground train at a London station.

Greenwald met with Snowden in June in Hong Kong, from where he published the first of many reports that rattled the US  intelligence community by disclosing the breadth and depth of  surveillance by the NSA on telephone and internet communications.

Snowden faces criminal charges in the United States after leaking documents disclosing the previously secret US internet and telephone surveillance programs. Russia rejected American pleas to send Snowden back to the United States for trial, instead granting him a year’s asylum on Aug. 1.

Brazil, whose president, Dilma Rousseff, is scheduled to make a state visit to Washington in October, declined to consider an asylum request from Snowden. But some politicians angered by the disclosure of NSA surveillance of internet communications of Brazilians proposed granting him asylum in Brazil.

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Cigarettes worth thousands stolen

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CIGARETTES worth €11,000 and a €800 computer were stolen from a supermarket in Paralimni on Monday, according to police.

The 36-year-old owner of the supermarket reported to police that between 1.30am and 7.30am, his supermarket in the Famagusta district was burgled.

He told police that €11,029 worth of cigarettes and an €800 computer were missing as a result.

 

 

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Boy killed while riding his bicycle

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A 13-YEAR-old boy was killed on Monday after colliding with an oncoming car while riding his bicycle home to Ayia Varvara village in the Nicosia district.

At around 5.30pm, Alexandros Taliadoros was riding with a friend on bicycles from Mathiatis village to their homes in Ayia Varvara.

At a bend in the road, in circumstances still under investigation the 13-year-old collided with an oncoming car driven by a 27-year-old.

The 13-year-old was rushed to Nicosia general hospital for surgery after sustaining multiple injuries including to the head.

By around 9pm, doctors lost the battle to save his life.

His friend who was riding next to him was not harmed.

Nicosia traffic police head Harris Evripidou said investigations were ongoing.

 

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Man City Ooze Class And Goals To Thump Newcastle

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Manchester City's David Silva, scorer of the opening goal of the game

By Sonia Oxley

Manchester City started their Premier League campaign in scintillating fashion on Monday with a stylish 4-0 win at home to 10-man Newcastle United as Manuel Pellegrini made a dream start to management in England.

Last season’s runners-up took just six minutes to open the scoring with David Silva heading in after Steven Taylor failed to deal with Edin Dzeko’s shot across the goal.

They doubled their lead on 22 minutes when a low shot from Sergio Aguero, set up by a neat flick from Dzeko, went in off the far post.

City’s job was made even easier just before the stroke of halftime when defender Taylor was sent off after swinging an arm at Aguero and they made the man advantage count five minutes after the break with Yaya Toure’s sizzling free kick.

The hosts made it four on 75 minutes when substitute Samir Nasri slotted home and could have had many more if it had not been for some excellent saves by Newcastle keeper Tim Krul as they sent a clear message of intent to their title rivals.

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Overseas Cypriots to meet in Nicosia

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Overseas Cypriots will meet in Nicosia on Wednesday and Thursday for the 17th meeting of the International Conference of Overseas Cypriots (POMAK-PSEKA).

The conference of the Executive Council of the Organisation of Young Overseas Cypriots (NEPOMAK) will be held at the same time.

President Nicos Anastasiades will declare the conferences open on Wednesady morning.

The opening ceremony will be addressed by House President Yiannakis Omirou, Archbishop Chrysostomos, the Presidential Commissioner for Humanitarian Affairs and Affairs of Overseas Cypriots Katy Clerides, the presidents of POMAK, PSEKA, and NEPOMAK, Haris Sophoclides, Philip Christopher and Christos Karaolis respectively, and the Director of the Division of Overseas and Repatriated Cypriots, Marios Ieronymides.

Overseas Cypriots will be briefed on the latest developments in the Cyprus issue by Foreign Minister Ioannis Kasoulides. There will be an update on natural gas related issues from Energy Minister Yiorgos Lakkotrypis, followed by a briefing on economic matters and national solidarity fund by Finance Minister Harris Georgiades.

Anastasiades will brief delegates on the Cyprus problem and host a reception at the Presidential Palace in their honour.

PSEKA is holding a Conference on Thursday, at which Government Spokesman Christos Stylianides and US Ambassador John Koening will deliver speeches.

A news conference will be held on Friday.

 

 

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Paphos’ Aphrodite Festival to feature L’Elisir d’Amore

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The ‘Pafos Aphrodite Festival 2013’, to take place on September 6, 7 and 8, will open with the popular, romantic, comic opera L’Elisir d’Amore (The Elixir of Love) by Italian composer Gaetano Donizetti.

The performance will be delivered by Opera Futura Verona and the Cyprus Symphony Orchestra.

The director and artistic director of the project is Paolo Panizza,  and the conductor is Matteo Salvemini.

Included in the group of performers are acclaimed soloists such as tenors Alessandro Luciano and Paolo Fanale, sopranos Stefania Bonfadelli and Paola Santucci, the bass Marco Bussi and baritone Alessio Potestio. Participating in the group of performers are compatriots artists, Alex Moskofian (baritone) and Stella Georgiou (soprano)

Panizza said when he heard the “The Elixir of love” for the first time he was astonished by the purity of its music and its characters. “Having in mind this first impression and affected by feelings, I envisioned an ideal scenery, dramatic of course, built however on bright tones than a rural and exotic countryside,” he added.

The opera will be held in the medieval castle.

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Industrial turnover down 12.8 per cent in May

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Cyprus` industrial turnover in May declined to 109.0 units recording a decrease of 12.8 per cent year on year, figures released on Tuesday by Cyprus Statistical Service show.

For the period January-May 2013, the index recorded a decrease of 11.1 per cent compared to the same period of the previous year.

For Manufacturing, the index for May 2013 reached 98.6 units, recording a decrease of 11.3 per cent compared to May 2012.

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Guardian says Britain made it destroy Snowden material

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A Royal Mail truck passes the headquarters of the Guardian newspaper in Kings Place, London

By Estelle Shirbon and Michael Holden

The British authorities forced the Guardian newspaper to destroy material leaked by Edward Snowden, its editor has revealed, calling it a “pointless” move that would not prevent further reporting on US and British surveillance programmes.

In a column on Tuesday, Alan Rusbridger said he had received a call from a government official a month ago who told him: “You’ve had your fun. Now we want the stuff back.” The paper had been threatened with legal action if it did not comply.

Later, two “security experts” from the secretive Government Communications Headquarters (GCHQ) had visited the paper’s London offices and watched as computer hard drives containing Snowden material were reduced to mangled bits of metal.

Rusbridger said the “bizarre” episode and the detention at London’s Heathrow airport on Sunday of the partner of Guardian journalist Glenn Greenwald showed press freedom was under threat in Britain.

The nine-hour detention under an anti-terrorism law of David Miranda, Greenwald’s Brazilian partner, has caused a furore with Brazil, British opposition politicians, human rights lawyers and press freedom watchdogs among those denouncing it.

Greenwald was the first journalist to publish US and British intelligence secrets leaked by Snowden, the former US National Security Agency (NSA) contractor who is wanted in the United States and has found temporary asylum in Russia.

Under mounting pressure to explain itself, Britain’s Home Office, or interior ministry, defended Miranda’s detention.

“If the police believe that an individual is in possession of highly sensitive stolen information that would help terrorism, then they should act and the law provides them with a framework to do that,” it said in a statement.

London’s Metropolitan Police said Miranda’s detention had been “legally and procedurally sound”.

Miranda, who was in transit on his way from Berlin to Rio de Janeiro where he lives with Greenwald, was questioned for nine hours before being released without charge minus his laptop, mobile phone and memory sticks.

He had been ferrying materials obtained from Snowden between Greenwald and Laura Poitras, an independent film-maker based in Berlin who has also published reports based on Snowden material.

“This law shouldn’t be given to police officers. They use it to get access to documents or people that they cannot get the legal way through courts or judges. It’s a total abuse of power,” Miranda told the Guardian after returning home.

The White House said on Monday Washington was given a “heads up” ahead of Miranda’s detention but had not requested it.

Britain’s opposition Labour party said on Tuesday that meant senior British ministers must have been involved.

Government ministers “need to explain who authorised the use of terrorism legislation in this case and what the justification was,” said lawmaker Yvette Cooper, the Labour spokeswoman on interior affairs.

Staff at the prime minister’s office said they would not comment on the Guardian allegations because it was an “operational matter”. GCHQ also declined to comment.

Dunja Mijatovic, media freedoms chief at the Organisation for Security and Cooperation in Europe, a 57-nation human rights and security watchdog, said she had written to the British authorities to express concerns about Miranda’s detention.

“The detention can be interpreted as putting pressure on Glenn Greenwald after his recent reporting on security issues in the Guardian … the whole situation sends a worrying message to any member of the media transiting through the UK,” she wrote.

Britain also came under attack from press freedom group Index on Censorship, which denounced the forced destruction of computers revealed by Rusbridger in his Tuesday column.

“Using the threat of legal action to force a newspaper into destroying material is a direct attack on press freedom in the UK,” the group’s Chief Executive Kirsty Hughes said.

“It is clear that the Snowden and NSA story is strongly in the public interest … It seems that the UK government is using, and quite literally misusing, laws to intimidate journalists and silence its critics.”

Rusbridger said the destruction of the computer material would not stop the Guardian from pursuing Snowden stories.

“It felt like a particularly pointless piece of symbolism that understood nothing about the digital age,” the Guardian editor said.

“We will continue to do patient, painstaking reporting on the Snowden documents. We just won’t do it in London. The seizure of Miranda’s laptop, phones, hard drives and camera will similarly have no effect on Greenwald’s work.”

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China doesn’t have much margin for error

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By Chas W. Freeman, Jr

China is on the rise. Its GDP will soon exceed that of the United States. It aspires to be acknowledged as a great world power. It is flexing its military muscle in ways that challenge the effective hegemony America has exercised in the Western Pacific region since the end of World War II.

In response, the U.S. government has rebalanced its own global strategy with the so-called “pivot to Asia.” In itself, this is not a bad idea. The problem is that the Asian pivot is more about maintaining American regional supremacy than about adapting to a changed reality.

It’s not just China that’s on the rise. Think of India to the west, and Indonesia to the south. Think of Japanese recovery, and of Vietnam and South Korea.

In the immediate power vacuum left by the destruction of the Japanese Empire and the collapse of European imperialism, these and other nations in the region enjoyed American protection and support against the perceived Communist menace. Today, they still value American friendship, but they equally value their own independence.

As China’s power increases, these nations do not want to be drawn into a Sino-American confrontation. They look to the United States to use its influence more benignly as the balance of power shifts.

If the Asian pivot were less about buttressing the status quo and more about buying time and helping our regional partners negotiate their accommodations with China, it might yield a productive outcome for all involved. Unfortunately, it is not: The U.S. government is blustering and posturing, refusing to accept the inevitability of change.

The United States has sadly shown that it’s not very good at effective diplomacy. For one thing, it interprets China’s assertion of itself as a maritime power as inherently expansionist and potentially aggressive. It fails to recognize that China sees its military modernization initiatives and pursuit of an anti-access/area denial (A2AD) strategy – securing its home waters and strategic maritime corridors against the intrusions of adversaries – as defensive, and, at least to some degree, as a response to U.S. policy.

Although an ostensible plank of the Asian pivot is to deepen U.S. relations with China, it’s easy for Beijing to view it as the familiar ogre of containment dressed in a new set of clothes.

While foreigners tend to focus on China’s transformation into a modern, developed nation, confident of a bright future, the Chinese have a keen sense of their own vulnerability. After all, this is a nation with a 1,000-year history of foreign invasions. It’s had to fight repeatedly for its independence.

For all its remarkable economic growth, China doesn’t have much margin for error. It has to feed, clothe, and house almost 1.4 billion people. It has to preserve its national integrity in an environment that comprises 14 neighbors, not including those across the sea. As a result, the Chinese are inherently cautious and averse to military confrontation.

If the Chinese are suspicious of America’s Asian pivot, they should be comforted by the fact that it simply won’t work.

For one thing, a pivot towards China would require a pivot away from the Middle East, which, in current circumstances, would be absurd. Having destroyed Iraqi power, the United States is now the only balance to Iran in the region, and is still talking about possible war with the Islamic Republic. Israel’s approach to its security, meanwhile, is entirely based on its military. Thus, to the extent that the United States feels obliged to defend Israel, it’s stuck in the Middle East.

Given its own political and fiscal infirmities, moreover, it’s unlikely that the United States has the will or capacity to support the kind of military engagement in the Pacific region that would be necessary to neutralize China’s drive for an effective self-defense capability.

America’s days as the lone superpower, able to assert its interests without much heed for those of other nations, are over. We’re seeing a devolution of authority and a shift to a multipolar world in which U.S. interests will be best served by skilled diplomacy and accommodation with a new world order.

Chas W. Freeman, Jr. is an author and former diplomat. His career in the U.S. Foreign Service and State and Defense Departments included a position as the principal interpreter for then-U.S. President Richard Nixon’s groundbreaking 1972 visit to China. He also served as Ambassador to Saudi Arabia (1989-1992).

 This article originally appeared at  www.themarknews.com

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Police call on parents to supervise their children after boy killed on bike

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Children learning how to ride their bikes safely

By Peter Stevenson

CHILDREN between the ages of 10 and 12 should not be left unsupervised to ride their bicycles as they are not fully aware of possible dangers, according to head of Nicosia’s traffic department.

Harris Evripidou was commenting following an incident on Monday which saw the death of a 12-year-old boy after he was struck by an oncoming car while riding his bicycle home to Ayia Varvara village in the Nicosia district.

“Whoever uses those kinds of roads needs to be extremely careful whether they are an adult or a child because it is not a residential area and the speed limit can change from between 65 km/h and 80 km/h,” he said.

Evripidou said that parents need to be extra cautious during the summer months as children will often go out with their friends without informing them where they might be going.

“Parents need to know their children’s whereabouts at all times as children between ten and twelve are not fully matured and can be easily disoriented by the sounds of oncoming vehicles,” he said.

Evripidou added that there are currently lessons at school which show children how to act as a pedestrian or on a bicycle.

At around 3.30pm on Monday 12-year-old Alexandros Taliadoros was riding with a friend on their bicycles from Mathiatis village to their homes in Ayia Varvara.

At a bend in the road, in circumstances still under investigation the 12-year-old collided with an oncoming car driven by a 27-year-old.

The boy wa srushed to Nicosia general hospital for surgery after sustaining multiple injuries including to the head.

By around 9.30pm, doctors lost the battle to save his life. He was not wearing a helmet at the time of the accident, police said.

His friend who was riding next to him was not harmed. An breathalyser test was carried out on the 27-year-old driver which showed he had zero alcohol intake.

Police spokesman Andreas Angelides said investigations were ongoing.

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Offer to ex bank staff from CIM

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CELEBRATING 35 years since its foundation, the Cyprus Institute of Marketing (CIM) announced on Tuesday it would be giving out five places to former bank employees in Nicosia and Limassol for the 2013-14 academic year at a 30 per cent discount.

“This action is part of the CIM’s social awareness programme as well as part of the celebrations to mark 35 years since the foundation of the first business school on the island,” a statement from the CIM said.

Former bank employees will be able to choose from any of the CIM’s study programmes as well as postgraduate degrees from the University of West London and London South Bank University.

“With this unique gesture, CIM is giving former bank employees the chance to reintegrate into the labour market by renewing their qualifications,” the statement added.

Interested parties should send a full CV to scholarships@cima.ac.cy by September 6, 2013. For more information you can visit www.cima.ac.cy or call 22 778 475

 

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Vassilikos power station returns to full operations

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By Maria Antouna

VASSILIKOS power station is back to full operation, two years after the July 11, 2011 explosion at the nearby Mari Naval Base which almost destroyed the plant and caused rolling power cuts.

According to EAC Spokesman Costas Gavrielides, all five units are in full operation. “The station is fully functional, everything has been repaired,” he said.

Gavrielides said that all units had been repaired and provisions had been made for future use of natural gas.

When the explosion occurred, Unit 5 was still under construction and had a separate insurance policy. The unit however has now been completed.

Units 4 and 5, Gavrielides said are made up of three engines - two turbines with 75MW capacity each and a steam unit that produces a further 70MWt making each unit produce a total of 220MW.

Repairs began on Unit 5 when turbines were installed in June and July 2012 while a steam unit was installed in November last year. In Unit 4, the engines were installed around the end of last year and early 2013. Units 1-2-3 are steam units which produce 130MW each.

Asked what has changed at Vassilikos, Gavrielides said that Units 1-2-3 which use fuel oil can now also use natural gas. Units 4 and 5 were originally scheduled to run on natural gas.

He said that instructions given by the state in 2008 were that investments be made for natural gas and for this reason almost €500 million had been spent.

Gavrielides said repairs cost a total of €165 million, which was far less than the €300 million to €700 million estimated by the relevant EU committee.

“We have received almost all of the repair costs back from insurance” he said.

Gavrielides said that a desalination plant at Vassilikos was also ready. Planning began in 2009 after an agreement between the EAC and the Water Development Department, and construction began in July 2010. Israel’s IDE Technologies LTD carried out the construction.

On July 15, the plant ran a credibility test which lasted 15 days and was successful as 875,000 cubic metres of desalinated water was produced valued at €720,000. The water was directed to the Southern Conveyor Project.

The unit will have the capacity to produce 63,000 tones of water per day and will be set on standby. The inauguration of the plant will take place soon.

The Mari explosion destroyed almost everything that had been constructed at Vassilikos until that time. Due to discussions with the insurance company and the clearing of debris from the disaster area, repair work could not begin before the end of 2011.

Thirteen people were killed in the blast at the Evangelos Florakis naval base. (CNA)

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Chelsea have back-up plan if Rooney chase fails

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Chelsea vs Hull City

By Tony Jimenez

Chelsea manager Jose Mourinho has drawn up a contingency plan in the event he fails to land his number one target, Manchester United striker Wayne Rooney, before the transfer window closes on September 2.

The Europa League holders have already had two big-money offers for the unsettled England international rejected and Mourinho hinted after Sunday’s 2-0 win over Hull City that he would eventually make a third attempt to sign Rooney.

“We have Plans B and C,” the Portuguese told a news conference on the eve of Wednesday’s home game against Aston Villa in the Premier League.

“Don’t ask me names because it’s difficult to speak about players from other clubs. We have the conditions to try to improve our team by bringing in one more player and we are going to try that till the end.”

Chelsea will again be without Brazil defender David Luiz because of a hamstring problem but Spain midfielder Juan Mata is hoping to feature after missing the opening game of the season against Hull.

The club’s player of the year for the last two seasons has been troubled by a thigh injury but said he was now ready to return.

“I didn’t train for a few days but I came back, worked with the physios and on Thursday last week I trained with the first team, not at 100 percent but trying to get to my best,” Mata said.

“Now I feel better and I am looking forward to playing and starting my season.”

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Mata was an unused substitute against Hull and said he was impressed with Chelsea’s performance, especially in the first half when they scored twice and missed a penalty.

“It was a very good start,” the Spaniard added. “The first 30 minutes were amazing.

“The team pushed, pressed and recovered the ball very high (up the pitch) and scored two goals. It could have been even more and we played well.”

Eden Hazard was one of the standout performers in the opening 45 minutes against Hull but Mourinho is demanding more from the talented young Belgium playmaker.

“I know what I want from him – I want more responsibility and I want more ambition because when you are a normal player you have to be happy when you perform okay,” the Chelsea manager said.

“When you have top talent (like Hazard) you cannot waste that talent so I want to give him that ambition to be better and better and to express himself on the pitch match after match, not be up and down.”

Mourinho’s comments evoked memories of his first spell in charge at Stamford Bridge between 2004 and 2007 when he regularly took Joe Cole to task in an attempt to achieve a high level of consistency from the skilful England midfielder.

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US army judge to sentence WikiLeaks’ Manning Wednesday

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By Medina Roshan
Bradley Manning, the soldier convicted of giving classified US files to WikiLeaks, will be told at 10am EDT (1400 GMT) on Wednesday how much of his life will be spent in a military prison, a US Army spokesman said on Tuesday.
The judge, Colonel Denise Lind, began deliberating Manning’s sentence on Tuesday and later told the court that sentencing would take place at 10am, the spokesman said.
Manning, a 25-year-old private first class, could face as up to 90 years in prison for giving more than 700,000 classified files, battlefield videos and diplomatic cables to the pro-transparency website. Prosecutors asked for 60 years, while the defence asked the judge not to rob him of his youth.
Manning, who was a low-level intelligence analyst in Baghdad in 2010 when he handed over the documents, was convicted in July on 20 counts including espionage and theft.
He was found not guilty on the most serious charge, aiding the enemy, which had carried a possible sentence of life in prison without parole.
The classified material that shocked many around the world was a 2007 gunsight video of a US Apache helicopter firing at suspected insurgents in Baghdad. A dozen people were killed, including two Reuters news staff, and WikiLeaks dubbed the footage “Collateral Murder.”
The release of the documents catapulted WikiLeaks and its founder, Julian Assange, to the international spotlight and heightened a debate on government secrecy. A US rights group has said Manning should be a candidate for this year’s Nobel Peace Prize.
Prosecutors have contended that when Manning turned over the secret documents he had put national security, including overseas intelligence operatives, at risk.
His defence argued that the slightly built soldier had hoped to spark a broader debate on the role of the US military and make Americans aware of the nature of wars in Iraq and Afghanistan.
According to defence testimony, military supervisors ignored erratic behaviour by Manning that included trying to grab a gun during a counselling session.
Defence attorneys had argued that such actions showed that Manning, who is gay and was increasingly isolated while deployed to Iraq, was not fit for duty overseas.
During a pretrial hearing, Lind reduced Manning’s sentence by 112 days because of harsh treatment after his arrest in 2010. He likely will be imprisoned at the US Disciplinary Barracks at Fort Leavenworth, Kansas.
Earlier this year, Manning pleaded guilty to lesser charges but military prosecutors continued their effort to convict him on more serious counts.
Manning apologised to the court for what he had done, saying, “I understand I must pay a price for my decisions.”

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APOEL and Apollon ready for Europa League playoff ties

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By Nemanja Bjedov

Cypriot champions APOEL have travelled to Belgium where they take on SV Zulte Waregem in Brussels on Thursday, as Apollon host French side OGC Nice at Nicosia’s GSP Stadium, in the first legs of the Europa League playoff round.

“There is no doubt that we have a tough match ahead of us,” admitted APOEL president Phivos Erotocritou. ”Zulte are a very good side, but I still believe our qualification into the group stages depends mostly on us.

“We are definitely good enough to get a result that would help us reach the next stage, after the second leg in Nicosia.”

Athos Solomou and Helder Cabral have been left out of the mission to Brussels, while Gustavo Manduca will probably be given a late fitness test, as the Argentinean midfielder complained of a minor leg injury.

Meanwhile, APOEL coach Paulo Sergio will have to watch the match from the stands as he starts a two-match ban for inappropriate behaviour towards officials in the last minutes of the match against NK Maribor in Slovenia in the previous round.

“We were eliminated from Champions League qualifications by Maribor and that is behind us – now we must focus on what is ahead,” continued Erotocritou.

“I am very confident we can get a result that would give us a chance of advancing. Sergio will not be at the bench, but Sergio Cruz is his close associate, so I am sure we will not have a problem there,” he added.

The match at the Constant Vanden Stock Stadium, home of RSC Anderlecht, kicks off at 9.45pm Cyprus time, while Apollon take on Nice in Nicosia at 9pm.

“It is our pleasure to be here; after winning the national cup last season we have secured our European presence,” noted Apollon coach Christakis Christoforou, going on to add that: “we will do everything we can to advance into the group stage of the Europa League.

“We have seen our opponents and I believe we know more or less everything we need to know about them: they rely on their speed and teamwork, while they also defend pretty well.

“We are ready and my players are eager to fight and give everything they have on the pitch in order to qualify,” said Christoforou.

“It is a financial burden for our fans that we will not play in Limassol,” he went on. “Hopefully this will change in the future and we will be allowed to play at our own stadium.

“Regardless, I would like to invite (our fans) to come to the GSP Stadium and support their team, as our players definitely need their presence,” concluded Christoforou who has a full squad to choose from.

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Court orders former minister’s arrest (updated 17:00)

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The Limassol district court on Wednesday ordered the arrest of former interior minister Dinos Michaelides who is wanted by Greece in connection with money laundering.

Michaelides, who has been fighting extradition for the past couple of months, fell ill during the procedure and was taken away in an ambulance.

He was transferred to Nicosia general hospital where he underwent tests and is said to be in good condition.

Michaelides will be kept in hospital overnight as a precaution and probably discharged on Thursday, a hospital official said.

The former minister’s defence had asked for a stay of execution on health grounds until Monday.

The defence said it would appeal the decision by then.

But the court rejected the request and ordered that Michaelides, 76, remained in custody until he was handed over to Greece.

He has three working days to appeal the decision.

Greek authorities are investigating Michaelides and his son Michalis in connection with alleged kickbacks paid in the purchase by Greece of Russian TOR-M1 surface-to-air missile systems.

They had issued a European arrest warrant for Michaelides and son back in July.

His son’s case will be heard on September 4.

The pair had been implicated after the arrest of former Greek defence minister Akis Tsohatzopoulos in connection with the case.

The alleged offences that father and son are wanted for, took place between 1997 and 2001.

They deny any wrongdoing but said they want to be tried in Cyprus.

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