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Cyprus Broadcasting Corporation: News in English, 99-10-15

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

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

CONTENTS

  • [01] HEADLINES
  • [02] ANASTASIADES
  • [03] NEMITSAS
  • [04] CYPRUS - JAPAN
  • [05] STOCK X
  • [06] RUSSIA
  • [07] KOSOVO
  • [08] WEATHER

  • [01] HEADLINES

    THE ISSUE OF FORGED RESIDENCE AND WORK PERMITS WERE DISCUSSED BY DISY AND PRESIDENT CLERIDES WHILE THE WANTED BROTHER OF DISY CHAIRMAN SURRENDERED TO POLICE

    CYPRUS JAPANESE COOPERATION AND EXPANSION OF BUSINESS RELATIONS WERE DISCUSSED IN TOKYO

    THE CYPRUS STOCK EXCHANGE ONLY OPENED FOR 13 MINUTES TODAY TO CONCLUDE TWO THOUSAND TRANSACTIONS

    RUSSIA SEIZED THREE NORTHERN CHECHEN DISTRICTS

    CLASHES WERE REPORTED IN KOSOVO WHEN ALBANIANS TRIED TO STORM A BRIDGE

    [02] ANASTASIADES

    Police announced that Charalambos Anastassiades, 50, a mechanic, the twin brother of DISY Chairman Nicos Anastassiades surrendered to police at ten this morning.

    In a statement police said they were seeking Anastassiades in connection with their investigation into the issue of forged residence and working permits, and the circulation of forged documents.

    A search warrant had been issued for Charlambos and police were searching for him while he was also placed on the Stop List,

    In surrendering to Limassol Police Headquarters the wanted man expressed surprise over the police statement, saying that he surrendered as soon as he heard that he was wanted by the police.

    Marios Constandinou Yiallouris, 55 from Limassol a pub owener was arrested in connection with the same case.

    He is now being treated in a private Limassol clinic and was placed under police surveillance. A remand order is expected to be issued today.

    [03] NEMITSAS

    Labour Minister Andreas Moushiouttas stated that no decision was taken to close the Nemitsas plant at Zakaki.

    Speaking over a cyBC radio program the minister said the plant has been operating for decades, but admitted that there is a request by Zakaki residents for it's relocation.

    He added that the Lab our Minister has laid down a time table for compliance with set ruled of operation which comply with EU specifications. This time limit ends in the year 2,000.

    Moushiuottas added that measurements indicated a high content of dust but underlined that under the new specifications this amount will be drastically cut.

    [04] CYPRUS - JAPAN

    In Japan, Commerce, Industry and Tourism Minister Nicos Rolandis referred to the importance of Cyprus as a business center in this region.

    Rolandis conferred with his Japanese counterpart and also discussed ways and means of expanding Cypriot exports to Japan, as well as expansion of the tourist movement from Japan to Cyprus.

    [05] STOCK X

    The Cyprus Stock Exchange opened only for 13 minutes today. After a board decision only two thousand transactions will be carried out on a daily basis, in an effort to make conclusion of these transactions possible. Because the brokerage offices were well prepared and conducted their transactions through the computers, the number of two thousand transactions was completed in 13 minutes.

    This policy will be continued until all the delayed transaction are cleared. This decision, however caused severe protests from investors who did not have the time to enter into any transactions. The entire matter is under discussion between the board and the brokers.

    Three brokerage firms were not permitted on the floor today. They are the Louis Klappas, the Touch Share brokers and the AL Pro Choice,

    The general price index toads showed a new increase reaching 555.24 units and the amount of transactions reached 13 million pounds.

    [06] RUSSIA

    Russia has seized three northern Chechen districtsin a drive to seal off the region which, according to Moscow harbours Islamic rebels.

    It was not clear whether the new phase would include a concerted advance of ground troops into the rebel-controlled areas in central and southern Chechnya, where military experts foresee huge casualties, or a string of limited operations and more of the bombing already carried out by Russian warplanes.

    Tens of thousands of people died in Russia's initial attempt to subdue Chechnya's independence drive through military force in 1994-96, which ended in Moscow's defeat.

    [07] KOSOVO

    Clashes between Yugoslavua and Kosovo were reported

    There were no immediate reports of injuries.

    The ethnic Albanians, numbering about 3,000, rushed on to a bridge, which was blocked by barbed wire. Police and troops fired stun grenades when the protesters appeared to break through a police line.

    The demonstrators were demanding increased freedom of movement in the northern Kosovo town, divided by the Ibar river into Serb and Albanian areas.

    Tensions between the ethnic Albanian majority and Serbs still run high across Kosovo in the wake of years of Serb repression of Albanians. NATO waged an 11-week bombing campaign earlier this year to drive Yugoslav forces out of the province.

    [08] WEATHER

    And now the weather.

    Clear conditions with some local cloud will continue this afternoon, with south westerly to westerly moderate winds and a slight sea.

    Clear conditions with passing cloud will prevail this evening.

    Winds will be North Westerly light and the sea will be slight.

    Temperatures will drop to 15 C inland, 16 c on the coasts and 11 c over the higher mountains.

    The fire hazard remains extremely high in all forest areas.


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