October 25 2000 In the Arcosanti Cafe the chang

first_imgOctober 25, 2000In the Arcosanti Cafe,the changing of one garment to another signifies the changing of the season andthe coming of winter. A large, long tubular garment hangs down from the Gallerylevel of Crafts III building to the Cafe down below. Its purpose is to circulatethe warmer air that rises to the Gallery down to the Cafe in the building. Lookinginside the air tube, a fan creates a downward draft inside the winter garment. Looking inside the air tube, a fan creates a downward draft inside the wintergarment. Photo by: DoctressNeutopialast_img read more

December 2 2013We reported on 10282013 on a pou

first_imgDecember 2, 2013We reported on 10/28/2013 on a pour for the footing of a shade structure across from the Arcosanti site. The SUNAMI shade structure was generously donated by alumnus The concrete has cured and day before Thanksgiving the crew erected the steel structure for the shade.There is a visitors trail that starts below the Crafts III building, winds its way into the valley and comes back up to an observation platform, where the structure is located.The SUNAMI shade is the centerpiece of a planned rest area on the Arcosanti visitor trail.last_img read more

Gesy row deepens parties cry foul

first_imgOpposition parties Diko and Edek on Friday dismissed as slander claims that they launched last-minute attempts to wreck the national health scheme (Gesy) and that, on the contrary, it was the last two governments which had stalled reforms.The two parties came under fire from ruling Disy and main opposition Akel MPs on Thursday who accused their colleagues from Diko and Edek of seeking to torpedo Gesy at the last minute.The stir was caused after the head of the House health committee, Disy’s Costas Constantinou revealed on Thursday that Diko planned to table an amendment proposing to suspend for three years the autonomy of state hospitals.This, followed the announcement by Edek leader Marinos Sizopoulos that his party would table an amending legislative proposal, ensuring patients’ right to choose their physician under the new regime.Constantinou also told state broadcaster CyBC on Friday that Diko and Edek had enlisted the head of the medical association (Cyma) Petros Agathangelou, to persuade Akel, but without any success, to back this as well.In an announcement, Diko’s parliamentary representative, Christiana Erotokritou on Friday denounced Health Minister Giorgos Pamboridis for attacking political leaders following his comments that a Judas was among them when it came to Gesy.Parliament last week signed off on three bills that would enable the roll-out of Gesy providing (mandatory) universal healthcare coverage. The bills are scheduled to be voted by parliament on June 16.Diko’s daggers were also turned against Constantinou, for “slanderous attacks”.The party said that it had long ago decided to vote the Gesy bills as is.“Our party had taken the lead in the effort to create Gesy in our country,” it said. It added that they have concerns about the implementation of Gesy and the autonomy of state hospitals and that it is for this reason that Diko will closely monitor its implementation process and intervene to resolve problems that will emerge along the way.Diko said that the delays in voting the three bills were due to “systematic attempts” of health ministry officials and Disy members to obstruct the process.“That is where Mr Pamporidis has to look for those responsible, not in the New Testament”.Diko also called on President Nicos Anastasiades and Disy head Averof Neophytou to call Pamporidis and the ruling party’s MPs to order.Diko chief Nicolas Papadopoulos, speaking to Active Radio on Friday said that this was an election ploy of Disy and Akel to blame Diko for the non-implementation of Gesy.He added that Pamboridis told him during a telephone conversation they had, who he was referring to as Judas. The minister, he said, named another political leader.But Pamporidis, according to the radio station, said that the last time he spoke with Papadopoulos was last month, at the Pride Parade, and it was just to say hello.In his turn, Sizopoulos, speaking to CyBC, called Constantinou “a cheap slanderer,” as to the latter’s claims that Diko and Edek are scheming to scupper Gesy.“Regardless of our disagreements with provisions of the two bills, Edek will vote them,” Sizopoulos said in an announcement.He added that what took place the past 24 hours was “unnecessary and excessive” and was that this “so-called cooperation with Nicolas Papadopoulos for the three-year postponement of hospital autonomy is fictitious and slandering”.Regardless of any disagreements as to the bills, he said, Edek will back them because Gesy is his party’s “political child and will not give it up for anyone else to adopt”. He added that it was on his insistence, with numerous letters to Anastasiades, that discussion on Gesy among parties had begun.Some, he said, “shed crocodile tears for Gesy” despite that they bear responsibilities.“The Akel government had put Gesy on hold for five years. Today’s government has had monumental regressions in its positions,” Sizopoulos said.“This government cannot even if it wants to, to implement Gesy,” he said, as it has done nothing the past four and a half years to improve the rapidly deteriorating situation in state hospitals, there are still serious medical staff shortages, while shortages in medicines and supplies were alarming.Agathangelou dismissed any claims that he and Cyma had any involvement in any scheming against Gesy.Cyma, he said, “had visited all parties with transparency” during its campaign to make its positions on the Gesy known.He added however, that when the bills are voted by parliament, Cyma would begin a dialogue with the Health Insurance Organisation as to protocols and doctors’ fees.You May LikeFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes? Better safe than sorryFigLeaf Beta AppUndoClassmates.comLook For Any High School Yearbook, It’s FreeClassmates.comUndoTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndo Concern over falling tourism numbersUndoAuthorities release five of 12 Israeli rape suspects, seven due in court FridayUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboolalast_img read more

BoC appoints Kalochoritis as advisor to John Hourican

first_imgBank of Cyprus Plc Co Ltd said that it appointed Marios Kalochoritis as senior advisor to chief executive officer John Hourican and his replacement in the board of directors by Anat Bar-Gera.In his new capacity, Kalochoritis, who has held a seat in the board since 2013, “will oversee and help manage certain of the assets and exposures that were acquired by Bank of Cyprus during the recent economic turmoil,” the lender said in an emailed statement on Tuesday. “In that capacity, he will join the boards of a number of companies in which the bank has significant economic interests. He will represent and advise the Bank in managing the value of these investments”.Kalochoritis will also step down as a member of the board’s risk committee and human resources and remuneration committee, Cyprus’s largest lender said.Bar-Gera’s appointment is subject to approval by the European Central Bank, Bank of Cyprus said. She will replace Kalochoritis on the human resources and remuneration committee.The composition of the risk committee is: Arne Berggren, chairman, Maksim Goldman, Yiannis Zographakis and James Lockhart, the approval of whom is still subject to ECB approval, the bank said. The human resources committee, chaired by Michael Spanos, also includes Michael Heger in addition to Bar-Gera.In a separate statement, the bank said that it approved the appointment of PricewaterhouseCoopers LLP (PwC UK) as external auditors from January 1, 2019 onwards in succession of Ernst & Young (EY) as part of the mandatory rotation of external auditors.You May LikeFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes? Better safe than sorryFigLeaf Beta AppUndoClassmates.comLook For Any High School Yearbook, It’s FreeClassmates.comUndoTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndo Pensioner dies after crash on Paphos-Polis roadUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Drilling operations will not be postponed Anastasiades says

first_imgDrilling operations in Cyprus’ Exclusive Economic Zone will not be postponed and no pressure is exerted to this end, President Nicos Anastasiades said.Speaking to an event in Limassol on Saturday evening,  Anastasiades said that drilling operations will move forward as planned.Commenting on whether the deadlock of the settlement talks  in Switzerland would affect this, the president said that there was no link between the Republic’s drilling plans and Turkey’s responsibility for the collapse of the talks. Anastasiades also said he is to address the people on the matter on Monday.Asked if any pressure is exerted and if there are any thoughts to postpone the drilling operations, Anastasiades said that neither pressure was exerted, nor the drilling operations were going to be postponed.Despite the abrupt collapse of the Cyprus peace talks in Switzerland Thursday night, which threatens a severe deterioration in relations between the governments of the Republic of Cyprus and Turkey, plans by French energy giant Total to start natural gas drilling in Block 11 of the island’s exclusive economic zone proceed as normal.Total plans to start drilling in the block, located on the southern tip of Cyprus’ EEZ and adjacent to Block 12 (Aphrodite) and Zohr, the block in Egypt’s EEZ where a 30-trillion-cubic-feet reservoir was discovered in 2015, next week, when the arrival of the West Capella ultra-deepwater drillship is expected. The West Capella is en route to the drilling spot, with an estimated arrival date of July 12.Government Spokesman Nikos Christodoulides wrote on his twitter account earlier on Saturday that President Anastasiades will inform on Monday the members of the National Council and subsequently the Cypriot people over what happened in Crans-Montana.UN-backed talks that took place between June 28 and July 7, in Crans-Montana, Switzerland, ended inconclusively. Peace talks aim to reunite Cyprus, divided since the 1974 Turkish invasion, under a federal roof.You May LikeFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes? Better safe than sorryFigLeaf Beta AppUndoCity BeautyDo This To Fix Sagging Jowls Without SurgeryCity BeautyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndo Pensioner dies after crash on Paphos-Polis roadUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Elam slammed for not mentioning the coup at anniversary House session

first_imgFar-right Elam was slammed by both socialist Edek and centre-right Diko on Sunday over the party leader Christos Christou’s speech during the special House session to mark the 1974 coup and Turkish invasion.Edek said in a statement afterwards that the far-right party had totally disregarded the official memorial for “the fallen defenders of the Republic, and legality”.“The Elam leader, apparently did not see a coup in Cyprus, since in his speech to the House he made no mention of it and limited himself to speaking of ‘division’, Edek said.“We call upon the democratic people of Cyprus, irrespective of party origin, partisan and not to isolate those who support and justify the betrayal, which has caused so much suffering in our country. Fascism has no place in Cyprus again.”Diko said in an announcement the Elam leader “made no reference to the treacherous coup”. “He made no reference to the illegal actions of Eoka B, and no reference to the Turkish invasion which was caused the traitorous coup of the [Greek] junta colonels”.“This confirms once again that the leadership of Elam cannot impartially grasp the historical facts and their attitude essentially gives absolution to the traitors of our country.”In his speech Christou made reference to the controversial glossary of conciliatory language journalists were being asked to use in Cyprus problem reporting, calling it the “glossary of shame”, which he said had the exact opposite effect to what was expected.From now on, he said instead of saying ‘the Turkish Cypriot leader’, the party would call Mustafa Akinci ‘Ankara’s envoy’, ‘an occupation leader’, or ‘a representative of the invaders, the conquerors, the bandits, the torturers, the usurpers’.“Instead of saying a bizonal bicommunal federation, we will call it ‘the plan to put Cyprus into turmoil’. Rather than talk about reunification, we will talk about ‘the liberation of our occupied territories’”.You May LikeDriveZingThese Are The Greatest Police Vehicles From Around The WorldDriveZingUndoFitness Engage10 Most Important Vitamins to Take if You Want to Stay FitFitness EngageUndoYahoo Search | Search AdsGet A Storage Unit And Clear Up Some Clutter. Research Storage Units Near MeYahoo Search | Search AdsUndo Four dead in California garlic festival shootingUndoProtest outside the House over foreclosures lawUndoCyprus’ Dothraki warriorUndoby Taboolaby Taboolalast_img read more

Without doctors on board no quick NHS plan

first_imgPresident Nicos Anastasiades met on Thursday with the boards of the Health Insurance Organisation (HIO) and the medical association (CyMA) to discuss aspects concerning the implementation of the National Health Scheme (NHS).The meetings, part of the president’s initiative to steer steps leading up to the implementation of a health system, were carried out in the presence of Health Minister Giorgos Pamboridis. The president met first with the delegation of the HIO, and later with the CyMA.The two organisations are “two of the most important partners of the state in the implementation of the NHS,” Pamboridis said after the meetings, as without them, there cannot be a reform of the health sector.Pamboridis said that the two meetings, which follow that of the president with the heads of parliamentary political parties last July, aimed at discussing the reforms slated for implementation.Without the doctors’ input, there cannot be a detailed plan, Pamporidis said.As for the software programme of the NHS, which the HIO is tasked with introducing, Pamboridis said that the procedure would soon be completed.“No decisions were taken, but the president gave instructions to the HIO,” he said, while the organisation informed the president on progress.Pamboridis said that he too has regular meetings with nurses’ and doctors’ unions as part of the consultation period on the implementation of hospital autonomy, which is a prerequisite of the NHS. He said that the goal was to complete discussion on all employment issues.“I hope and wish that we will meet this timeframe. An effort is underway to reach convergences,” Pamporidis said.The NHS is a requirement of Cyprus’ bailout programme. Under the deal, Cyprus was supposed to offer a national healthcare scheme by 2015. A major reason for the delay is that the autonomy of state hospitals is still pending. After constant push back of dates, Pamboridis tabled last month the bill on the financial and administrative autonomy of state hospitals before the cabinet.As part of the government’s pledge to push forward with the implementation of the NHS, the health minister in cooperation with the finance minister and the undersecretary to the president, continue dialogue with all stakeholders in the public and private sector.A road map to the NHS implementation will be configured after the completion of the dialogue between the government and political parties, but also stakeholders. You May LikeInsured Nation – Auto Insurance QuotesNew Rule in Rowland Heights, California Leaves Drivers FumingInsured Nation – Auto Insurance QuotesUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoPlarium I Vikings: Free Online GamePlay this for 1 minute and see why everyone is addictedPlarium I Vikings: Free Online GameUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboolalast_img read more

Professors from Israels Hadassah university hospital due in Paphos for seminar

first_imgA critical care update course will be held in Paphos in September and aims to help doctors and nurses with little or no experience in handling intensive care unit incidents.Attendees to the event, which is organised by the Hadassah University Hospital of Israel, (through its representative in Greece and Cyprus, iMER Medical Services), and the Evangelismos hospital, will receive a two-day training course on updated critical care.The seminar will be held on September 6 and 7 at Evangelismos Hospital in Paphos and will consist of theoretical and practical training. Both practical and theoretical training will be carried out by the specialised professors and doctors of the Hadassah University Hospital.These include, Professor Vernon Van Heerden, Head of Hadassah general Intensive care unit, Dr Sviri-Saroussi Sigal, Director of the facility’s internal medicine intensive care unit and Dr Marc Romain, Senior Doctor at the intensive care unit, specialising in Nephrology.A release noted that as there is only a limited number of course participants permitted, a strict order of priority will be followed.For participation, attendance fee and course schedule: 22763001 or 26848091 or email marianna@imer.netYou May LikeYahoo SearchThe Early Signs Of Type 2 Diabetes. Search Type 2 Diabetes TreatmentsYahoo SearchUndoSecurity SaversWindows Users Advised To Do This TodaySecurity SaversUndoMBA Degrees | Search AdsMBA Programs Online – See For YourselfMBA Degrees | Search AdsUndo Concern over falling tourism numbersUndoThe Deniz boat incident showed clearly the intentions of the Turkish sideUndoIsraeli rape suspects freed, woman who alleged assault arrested (Updated)Undoby Taboolaby Taboolalast_img read more

Big bankers headed for BoC board

first_imgBy George PsyllidesBANKING heavy-weight Josef Ackermann has been proposed as chairman of the Bank of Cyprus board of directors as new shareholders announced a list of candidates ahead of November’s annual general meeting.Ackermann, former CEO at Deutsche Bank, was proposed by major BoC shareholdersWilbur Ross and Tyrus Capital on Monday ahead of the November 20 AGM.“The new Board has been selected to add financial expertise and will better reflect the shareholder base following the recent stock issuance,” a written statement said.Ackermann joined Deutsche Bank’s board of managing directors in 1996, where he was responsible for the investment banking division.Prior to Deutsche Bank, Ackermann was president of Schweizerische Kreditanstalt (SKA), today’s Credit Suisse.He held numerous board positions including sitting on the board of directors at Zurich Insurance Group, Royal Dutch Shell plc and Siemens AG, among others.Ackermann would be joined by Arne Berggren, nominated independently by the European Bank for Reconstruction and Development; Maksim Goldman, a director of strategic projects at Renova; John Hourican, BoC CEO; Christakis Patsalides, BoC finance director; Wilbur Ross, chairman of WL Ross & Co; Michael Spanos, a former director of the Central Bank of Cyprus; Vladimir Strzhalkovskiy, vice chairman of the BoC board; Ioannis Zographakis, chairman of the BoC audit committee; and Marios Kalochoritis, director of the Bank of Cyprus.“This group intends to elect Ackermann as non-executive chairman of the board and Messrs. Ross and Strzhalkovskiy as vice-chairmen,” the statement added.Only Strzhalkovsky and Zographakis remain from the old board, which had been headed by Christis Hassapis.Strzhalkovskiy currently serves as vice chairman of the board. He held the position of deputy minister of the Ministry of Economic Development of the Russian Federation for four years (July 2000-November 2004).The Bank of Cyprus AGM in November is expected to approve the new board.Board memberships are subject to the approval of the Central Bank of Cyprus.The BoC board can have up to 13 members.Ross and the European Bank for Reconstruction and Development had taken part in a recent €1.0 billion capital increase that saw new shareholders control some 47 per cent of its stock.The lender is trying to get back on its feet following the island’s messy bailout in March 2013.The terms included closure of Laiki Bank, the island’s second biggest, and seizure of deposits to recapitalise BoC.Last week, Moody’s ratings agency said BoC’s successful capital raise was a positive step towards the lender’s regeneration, but it continued to face acute challenges as non performing loans (NPLs) were expected to rise further.“The strengthened capital buffers bolster the bank’s loss-absorbing capacity and are a positive step towards the bank’s regeneration,” Moody’s said. “But the extent to which these developments will lead to a sustained improvement in the bank’s financial performance remains unclear, given the acute asset quality pressures the bank faces and its low provisioning against losses from problematic exposures.”  BIOS of the nominees as they were received by the Cyprus MailDr. Josef AckermannNon-Executive Chairman NomineeDr. Josef Ackermann is the former chairman of the management board and the group executive committee at Deutsche Bank. Dr. Ackermann joined Deutsche Bank’s board of managing directors in 1996, where he was responsible for the investment banking division. Under his leadership, this business unit developed into one of Deutsche Bank’s principal revenue sources and entered the top group of global investment banks.Prior to Deutsche Bank, Dr. Ackermann was president of Schweizerische Kreditanstalt (SKA), today’s Credit Suisse. Dr. Ackermann has held numerous board positions including sitting on the Board of Directors at Zurich Insurance Group, Royal Dutch Shell plc and Siemens AG, among others. Today, he still holds numerous mandates, amongst them as a member of the Board of Directors at Investor AB, EQT Holdings AB, Renova Management AG and Belenos Clean Power Holding Ltd. Mr. Ackerman also serves as vice-chairman of the foundation board of the World Economic Forum, honorary chairman of the St. Gallen Foundation for International Studies, honorary senate member of the Foundation Lindau Nobel Prizewinners Meetings at Lake Constance, vice chair and a member of the board of trustees of The Conference Board, and advisory director at New York’s Metropolitan Opera, among other posts.Dr. Ackermann studied economics and social sciences at the University of St. Gallen, where he earned his doctorate, and holds an honorary doctorate from the Democritus University of Thrace in Greece. Dr. Ackermann is also an honorary fellow of the London Business School, was visiting professor in finance at the London School of Economics, and was appointed honorary professor at the Johann Wolfgang Goethe University in Frankfurt. Wilbur L. Ross, Jr.Vice Chairman NomineeWilbur L. Ross, Jr. is Chairman of WL Ross & Co. LLC, one of the world’s best known corporate revitalizing firms. Over the past 40 years, Mr. Ross has personally helped turn around banks and other businesses, including the Bank of Ireland, Virgin Money (which last week announced its IPO), Kansai Sawayaka Bank in Japan, Bank United in Florida (which ranks as the largest ever US bank IPO), as well as banks in New Jersey, the US Midwest and the US Pacific Northwest. Most recently, his firm invested in Eurobank in Greece and organized an €500+ million investment in the Bank of Cyprus. Previously, Mr. Ross sold his steel company to ArcelorMittal, of which he remains a director.Mr. Ross holds degrees from both Yale and Harvard Business School (with Distinction) and serves on the advisory boards of both institutions. Mr. Ross is the only person ever elected to both the Turnaround Management Hall of Fame and the Private Equity Hall of Fame. Vladimir StrzhalkovskiyVice Chairman NomineeVladimir Strzhalkovskiy currently serves as Vice Chairman of the Board of Bank of Cyprus. Mr. Strzhalkovskiy has held the position of Deputy Minister of the Ministry of Economic Development of the Russian Federation for four years (July 2000 – November 2004), Chairman of the Executive Board of the World Tourism Organisation (2003 – 2004), Head of the Federal Agency Tourism Organisation (November 2004 – August 2008), member of the Board of Director of the company INTER RAO Ues ( June 2011 – June 2013) and he also served as Chairman of the Board (August 2008 – December 2012), member of the Board (December 2008 – December 2012) and Vice President (December 2012 – June 2013) of the JSC Mining and Metallurgical Company Norilsk Nickel.Mr. Strzhalkovskiy holds a PhD degree in Economics, specialty “Applied Mathematics”, from Leningrad Institute of Electronic Engineering of V.I. Lenin. Arne BerggrenArne Berggren has significant experience in the financial sector previously working in senior roles at Swedbank AB, Carnegie Investment Bank AB, Swedcarrier AB and Nordic American Banking Corp. In addition, Mr. Berggren has served as a senior advisor for the International Monetary Fund (IMF), as a member of the IMF Troika team in Spain, the Swedish Ministry of Industry and the Swedish Ministry of Finance and the Bank Support Authority.Mr. Berggren has held numerous board positions and currently serves on the Board of Directors at LBT Varlik Yönetim AS and DUTB Ldt.Mr. Berggren holds an M.B.A. from New York University, Graduate School of Business. Maksim GoldmanMaksim Goldman current serves as Director of Strategic Projects at Renova where he is responsible for coordinating the business development of the most significant assets under management of the Group. Previously, Mr. Goldman served as Deputy Director for Investments of Renova Group, responsible for implementing the investment policy and support of key M&A transactions. During 2005-2007 he worked as Vice President of international legal projects of Sual-Holding, which provided legal support for the international activities of the company, and also took a significant part in the creation of UC Rusal through combination of assets of Sual-Holding, Rusal and Glencore. From 1999 to 2005 Mr. Goldman worked as an associate at Chadbourne&Parke LLP in New York and Moscow.Mr. Goldman holds a J.D. from the School of Law, University of California (Los Angeles). He also holds a Master of History at the University of California (Los Angeles). John HouricanJohn Hourican currently serves as CEO of Bank of Cyprus and executive member on the Board of Directors of the Bank. Previously, Mr. Hourican served as CEO of The Royal Bank of Scotland Group’s (“RBS”) Investment Bank (Markets & International Banking) from October 2008 until February 2013. Between 2007 and 2008, he served on behalf of a consortium of banks (RBS, Fortis and Santander) as Chief Financial Officer of ABN AMRO Group and as a Member of its Managing Board. Mr. Hourican joined RBS in 1997 as a Leveraged Finance banker. He held a variety of senior positions within RBS’s wholesale banking division, notably on the division’s board as Finance Director and Chief Operating Officer. He also ran the bank’s Leverage Finance business in Europe and Asia.Mr. Hourican started his career at Price Waterhouse and he is a Fellow of the Institute of Chartered Accountants in Ireland. He is a graduate of the National University of Ireland and Dublin City University. Marios KalochoritisMarios Kalochoritis currently serves as a director of the Bank of Cyprus. Mr. Kalochoritis is a financial executive with experience in investment banking, hedge fund management, private equity and wealth management. Mr. Kalochoritis currently serves as Head of Investments for a family office in Dubai. Previously, Mr. Kalochoritis spent five and half years in Cyprus where, as the Managing Director, he had set up and ran the operations and risk management of a global macro hedge fund. Mr. Kalochoritis has also served as Senior Vice President at Credit Suisse Bank in Zurich where he was head of business development for Central and Eastern Europe and Turkey. Between 2003 and 2006 he was the Chief Financial Officer for Amana Group in Dubai, a major regional construction group. Mr. Kalochoritis started his career at Enron in Houston where as a financial analyst and later an associate in the finance department he analysed and made investments in oil & gas, energy and other infrastructure opportunities around the world.Mr. Kalochoritis holds an MBA from Harvard Business School and a BSc in Finance from Louisiana State University. Christakis PatsalidesChristakis Patsalides currently serves as the Finance Director at the Bank of Cyprus. From 1989 to 1996, Mr. Patsalides previously worked for the Central Bank of Cyprus, Management of Government External Debt & Foreign Exchange Reserves. In 1996, Mr. Patsalides joined the Bank of Cyprus where he held a number of positions in corporate banking, treasury and private banking, among others. In Mr. Patsalides’s current capacity as Finance Director, he is responsible for Finance, Treasury, Investor Relations, Economics Research and Procurement.Mr. Patsalides holds a PhD in Economics from the London School of Economics. Michael SpanosMichael Spanos, a former director of the Central Bank of Cyprus, is a Managing Director of M.S. Business Power Ltd, providing consultancy services on Strategic and Business Development (since 2008); non-executive Chairman of Lanitis Bros Ltd (since 2008); founding Chairman of Green Dot (Cyprus) Public Co Ltd (since 2004); and member of the Board of Directors of CCI, Coca-Cola Eurasia (since 2012). Mr. Spanos worked at Lanitis Bros Ltd from 1981 to 2008 as Marketing Manager, General Manager and Managing Director. Between 2005 and 2009, Mr. Spanos served as Vice-Chairman of the Board of the Cyprus International Institute (Republic of Cyprus and Harvard School of Public Health). Mr. Spanos also served on other Boards, such as Heineken-Lanitis Cyprus Ltd (2005-2007), Lumiere TV Public Ltd (2000-2012), A. Petsas & Sons Public Ltd (2000-2007) and CypriaLife Insurance Ltd (1995-2000). Mr. Spanos was appointed to the Central Bank of Cyprus Board in May 2013, of which he is a former director.Mr. Spanos holds a Master’s degree in economics from North Carolina State University. Ioannis ZographakisIoannis Zographakis currently serves as Chairman of the Bank of Cyprus Audit Committee. Mr. Zographakis is a senior executive with a broad and diverse international experience in the banking industry. He has worked for Citibank for over 20 years, in the USA, UK and Greece in numerous capacities. Mr. Zographakis previously served as CEO of Student Loan Corporation, a Citigroup subsidiary and a New York Stock Exchange traded company. Currently, Mr. Zographakis resides in Cyprus where he consults on financial services when requested.He has been a Director for the Student Loan Corporation in the US, a Director for Tiresias (Greek Credit Bureau) and the secretary of the Audit Committee, a Director and member of the Audit Committee for Diners Club Greece, the Vice-Chairman of the Citi Insurance Brokerage Board in Greece and the Chairman of the Investments and Insurance Supervisory Committee in Citibank Greece.He holds a Bachelor’s degree in Civil Engineering from Imperial College in London and an MBA from Carnegie Mellon University in the USA.    You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoKelley Blue BookYou Won’t Believe How Affordable These Ford Car Models AreKelley Blue BookUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Students from across the divide come together in Nicosia

first_imgPupils from both sides of the divide participated in a study visit in Nicosia on Wednesday that took place across the buffer zone of the walled city, an initiative of the Bicommunal Technical Committee on Education.The committee’s new initiative concerns island-wide study visits with the first one – ‘Learning from Nicosia’ – taking place across the buffer zone in Nicosia walled city. In total, 52 pupils – 27 Greek Cypriots and 25 Turkish Cypriots – aged between 14 and 15 – had the opportunity to explore elements of the multicultural character of the city.The pilot phase will continue until the end of 2018-2019 school year and will include study visits to other cities.“Study visits are designed in ways that provide students with opportunities to and study cultural heritage and physical environments together all over Cyprus,” an announcement said.The co-chairs of the Bicommunal Technical Committee on Education, Dr Meltem Onurkan Samani and Dr Michalinos Zembylas, participated in Wednesday’s activities, along with 10 teachers and a representative of the UN good offices mission in Cyprus.Zembylas told the Cyprus News Agency that the aim of the study visit was to give the opportunity to Greek Cypriot and Turkish Cypriot pupils to get to know the multicultural character of the old town of Nicosia in both sides of the divide.“We are constantly looking into new ideas that will bring together pupils and teachers, or will create opportunities to promote peace, anti-racism and human rights through education, in consistency to our mandate,” Zembylas said. The aim for this year, he said, is to provide seminars for teachers and parents, to create an educational material that will promote these goals and organise conferences and workshops.The committee also runs the educational programme ‘Imagine’ that continues to bring together Greek Cypriot and Turkish Cypriot pupils and teachers from all areas of Cyprus, the announcement said.So far, 3,500 pupils have participated in the Imagine project that takes place under the auspices of the committee and implemented by the Association for Historical Dialogue and Research and the Home for Cooperation with the support of the Federal Foreign Office of Germany, as well as UNFICYP and the UN Good Offices mission.The committee was established in 2015 after an agreement between the two leaders. You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoYahoo SearchYou’ve Never Seen Luxury Like This On A Cruise Ship. Search Luxury Mediterranean CruisesYahoo SearchUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Transport ministry covers March salaries of striking bus drivers

first_imgThe transport ministry has paid a monthly sum to bus company Emel which is sufficient to cover the wages of the workers, Transport Minister Vasiliki Anastasiadou told striking Limassol bus drivers on Thursday.The bus drivers were to meet with Labour Minister Zeta Aimilianidou on Thursday afternoon to discuss whether the pledge to pay their salaries meant an end to the strike.Anastasiadou said she had already spoken to the company on the issue of salaries and said they should be paid immediately, since “non-payment is a wrongful act”.She was speaking after receiving a delegation of the employees and their unions in her office. They had travelled in four buses from the Limassol district to protest that their March salaries have not been paid and workers have still not received outstanding sums from benefit cuts in place since 2014 due to the financial crisis.Protesting outside the transport and labour ministries, the workers were holding banners saying “No to unilateral decisions” and “The payment of salaries is our inalienable right”.The bus drivers have been on strike since Tuesday, which created problems for public transport, especially for students.Bus strikes have been on and off across the island since late last year over non-payment of wages on time. In each case, the strikes were soon called off after the intervention of the transport ministry which mediated for bridging the differences between striking employees and bus companies.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoYahoo SearchYou’ve Never Seen Luxury Like This On A Cruise Ship. Search Luxury Mediterranean CruisesYahoo SearchUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Scramble for Cypriot passports as tighter rules loom

first_imgForeign nationals are reportedly scrambling to acquire Cypriot passports via the citizenship-by-investment scheme, ahead of tighter criteria kicking in on May 15.According to daily Phileleftheros, the rush will likely result in prematurely reaching the ceiling of 700 naturalizations granted per year.Citing the ‘Cyprus Real Estate Market Report’ by KPMG, the paper said the uptick in applications was especially noted in the last quarter of 2018, when purchases of properties valued at €1m and above increased by 27 per cent compared to the last quarter of 2017.Of the 730 transactions – worth €1m and over – occurring throughout 2018, more than a third were executed in the fourth quarter.Although the new criteria for the scheme start applying on May 15, it is possible that a slight extension may be granted to certain applicants – for instance those who already possess a bill of sale for a property but have not managed to file all the required paperwork by that deadline.In these cases, if an applicant submits the bill of sale prior to May 15, but not the other documentation, his or her application for naturalization could be assessed based on the existing, looser criteria.Back in February – and following criticism about lack of transparency from quarters overseas – the government introduced changes to the citizenship-by-investment programme, tightening up requirements.Among the changes are stricter criteria for applicants who will undergo background checks by a specialised foreign firm. Applicants will also be obliged to already possess a Schengen visa –  a short-stay visa that allows a person to travel to any members of the Schengen Area for up to 90 days for tourism or business purposes.Applicants who have already been rejected by other EU states will be excluded.Also, the fees payable to the government will go up by €75,000, which will be diverted to research and development as well as to the land development organisation to fund affordable housing schemes.In January, the European Commission warned that programmes of EU states, including Cyprus, to sell passports and visas to wealthy foreigners could help organised crime groups infiltrate the bloc and raise the risk of money laundering, corruption and tax evasion.The warning was contained in the first report the EU executive produced over the multi-billion-dollar industry of so-called “investment migration,” which allows rich individuals to buy citizenship or residence in countries that put them on sale.It highlighted shortfalls in the Cypriot and Maltese schemes which do not sufficiently check the origins of the wealth of individuals and do not allow their easy identification.Although legal, these schemes are sometimes run in opaque ways and without sufficient checks on those who acquire passports and visas, the Commission said, mostly raising concerns about the programmes in Malta and Cyprus.The investment amount is €2m if the investment is made solely in residential real estate, at least a quarter of which must be spent on a residence for life.If not, the threshold is €2.5m, at least €500,000 of which must be spent on a permanent residence. In both cases, the requirement of a permanent residence ensures the investor remains closely engaged with Cyprus even if not actually obliged to live on the island.   You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoModernizeIf Your Home Has Old Roofing, Read ThisModernizeUndo Concern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’Undoby Taboolaby Taboolalast_img read more

Cobalt fires CEO Madar after 22 months in office

first_imgThe board of directors of Cobalt Air appointed Guy MacLean as the airline’s chief executive officers, replacing Andrew Madar, two sources familiar with the matter said.Madar took over as the company’s top executive after the resignation of his predecessor Andrew Pyne in August 2016, two months after the company received its commercial licence. The reasons for the divorce are unknown.The company was not immediately available for comment.The Cyprus Business Mail understands that the changes in the company’s management went beyond Madar.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSmart Tips DailySeniors With No Life Insurance May Get A $250,000 Policy If They Do ThisSmart Tips DailyUndo Pensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’UndoThree arrested in connection with hotel theftsUndoby Taboolaby Taboolalast_img read more

Rep Runestad named chair of Judiciary Committee

first_img Categories: Featured news,News,Runestad News House Speaker Tom Leonard today announced state Rep. Jim Runestad of White Lake will lead the House Judiciary Committee for the 2017-18 legislative session.As an Oakland County commissioner, Runestad served as chair of both the Public Services Committee and Planning and Building Committee for three terms and worked with various county commissions to improve Friend of the Court services. Rep. Runestad also served on the Judiciary Committee during his first term as state representative.“I am honored to be chosen as judiciary chair and look forward to handling a variety of legislative issues in the next two years,” said Rep. Runestad. “I am once again so thankful for the opportunity that House Speaker Tom Leonard has given me and I can only hope to serve the Michigan residents with as much pose and prominence as Speaker Leonard has and will continue to do.”The second-term lawmaker also will serve on the House committees on Insurance, Communications and Technology, and Local Government. Tags: #SB center_img 26Jan Rep. Runestad named chair of Judiciary Committeelast_img read more

Rep Afendoulis welcomes honored guest to the Capitol

first_imgState Rep. Chris Afendoulis of Grand Rapids Township today welcomed Bob Feighner to the Capitol, presenting him with a legislative tribute.  Feighner is a World War II veteran who served as a torpedoman in the United States Navy at the Pearl Harbor Naval Base. He will be 92 years old this week. Bob and his wife, Ruth, have lived in the same house (which they built) in Plainfield Township since 1955, and are celebrating their 70th wedding anniversary this year. “We are forever grateful for the service of brave and selfless men and women like Bob Feighner,” Afendoulis said.  “The world is a different place because they didn’t hesitate when duty called, making extreme sacrifices in the fight for our country and freedoms.” Categories: Afendoulis News 20Apr Rep. Afendoulis welcomes honored guest to the Capitollast_img read more

Rep Bellino resolution seeks to help college students with costs

first_img31May Rep. Bellino resolution seeks to help college students with costs Categories: Bellino News,News A resolution by state Rep. Joe Bellino, which would expand tax-free expenses for college students to include transportation costs, was approved by the House Workforce and Talent Development Committee on Tuesday.A Section 529 Qualified Tuition Program account allows students to be exempt from federal taxes when account funds are used towards tuition, textbooks, and certain room and board costs. Current 529 plans do not extend transportations costs as a tax-exempt expense.“I appreciate the option that 529 plans give to our students, giving them a savings on college fees and books,” said Bellino, of Monroe. “With so many Michigan students commuting, whether it’s vocational education, a two-year community college or the largest university in the state, that’s an added cost which is directly related to education.According to Bellino’s resolution, over 400,000 students attend community colleges statewide with only seven such schools having on-campus housing available, while between 60 to 90 percent of four-year program students are not living on campus statewide.“My hope is the U.S. Congress will consider another look at the 529 plan,” said Bellino, who wore a Monroe County Community College t-shirt while speaking to the committee. “Costs for vocational ed and colleges are not going down. We need to help these college students and their families, who are doing the responsible thing by saving for their education, with the added costs that come with getting an education.”House Concurrent Resolution 8 advances to the House for its consideration.State Rep. Joe Bellino, of Monroe, speaks before the House Workforce and Talent Committee today in support of resolution to add transportation costs as tax-exempt for college students with federal 529 Plans. Bellino wore a Monroe County Community College t-shirt while speaking to the committee.last_img read more

Reps Howell and Bellino New law clears the way for wetlands restoration

first_img A plan to cut unnecessary regulations standing in the way of volunteer efforts to restore precious wetlands, spearheaded by Rep. Gary Howell and Rep. Joe Bellino, was signed into law by former Governor Rick Snyder as one of the last statutes he approved before leaving office.“Previously, the laws on the books treated volunteer organizations who wanted to restore our wetlands the same as big developers with plans to disrupt natural features,” Howell, of North Branch, said. “This plan removes the obstacles to good stewardship of our wetlands and encourages conservation volunteerism.”“Many of the regulations faced by volunteer groups simply don’t fit, and it made no sense to create needless complications and delays because the laws treated volunteers as though they were big development corporations,” Bellino, of Monroe, said.  “I am pleased to see this plan to help restore our wetlands signed into law.”The plan laid out in House Bills 5854 and 5855, now Public Acts 561 and 562 of 2018 establishes a voluntary wetland restoration permit process that allows the Michigan Department of Natural Resources to better consider the effects of a proposed project as it relates to the health of the entire ecosystem.“This is a smart solution that will help restore more wetlands and benefit all of our fish and wildlife population,” Bellino said.“Public policy should reward and incentivize good stewardship of our natural resources, not serve as an obstacle, and that is exactly what this bill achieves,” Howell said. Categories: Howell News,News 03Jan Reps. Howell and Bellino: New law clears the way for wetlands restorationlast_img read more

House approves Rep Alexanders plan to protect survivors of sexual assault

first_img State Rep. Julie Alexander’s plan to ensure victims and witnesses of sexual assault are not silenced was approved today by the Michigan House with overwhelming support.Alexander, of Hanover, said the measure is part of a comprehensive bipartisan plan to solve problems brought to light by the House’s inquiry into the handling of the Larry Nassar sexual assault investigation.“The Nassar case made it clear that very serious cases of sexual assault can go unreported,” Alexander said. “We must take steps to fix the problems brought to light and prevent sexual predators from preying on our children.”Alexander said current Michigan law only covers the use of physical force in preventing the reporting of sexual assault to authorities. House Bill 4374 would make it crime for an individual to intentionally use their professional position of authority to prevent such a report.“We must never allow someone to use their position of authority to convince a subordinate not to report a crime,” Alexander said. “People who try to silence survivors of sexual abuse must be held accountable.”The plan now advances to the Senate for consideration.### Categories: Alexander News 19Jun House approves Rep. Alexander’s plan to protect survivors of sexual assaultlast_img read more

Technology company Arris has unveiled a raft of ne

first_imgTechnology company Arris has unveiled a raft of new products at the SCTE Cable-Tech Expo in Atlanta.Arris has launched AdManager, standards-based platform enabling cable providers to offer new advertising services. AdManager allows providers to extend advertising campaigns across addressable, IP-capable devices including tablets, connected TVs, game stations, laptops and smartphones. The AdManager Suite is comprised of four modular components: 360, Core, Delivery and Enterprise. 360 represents a set of campaign management applications intended to drive VOD and dynamic linear placements, including the capability to manage linear schedules and verifications for interconnect operations.  Core comprises ad content workflow and routing of ad placement decisions between any campaign management application and any delivery infrastructure. Delivery abstracts the various delivery infrastructure elements (DPI ad servers, VOD servers and Content Delivery Networks) by providing a uniform SCTE 130 ADM interface and a comprehensive Playlist Manager. Enterprise provides global monitoring and advertising operations control at regional and national levels.Arris has also launched its new VIPr 6000 transcoder. According to Arris, this delivers a three-fold improvement in channel processing capacity for operators that use the current VIPr platform to transcode channels from MPEG-2 to H.264, from H.264 to MPEG-2 and to compress four high definition MPEG-2 video channels onto one QAM channel. The VIPr 6000 platform offers integrated transcoding, multiplexing, ad-splicing operations and is capable of processing up to 24 QAMs of video per rack unit in high density configuration.  Other 6000 platform enhancements include a redundant power supply, and added ASI options.Finally, the company has launched its EventAssure Outage Management software, which is integrated with ServAssure Advanced through a common polling infrastructure to support automatic identification of plant and service failures.  This infrastructure enhancement means that cable operators can now benefit from Arris’s performance and outage management solutions, using the same polling architecture to collect data from all DOCSIS devices, according to the company.last_img read more

Audiovisuel Extérieur de la France AEF the umbr

first_imgAudiovisuel Extérieur de la France (AEF), the umbrella organisation for France24, RFI and Monte Carlo Doualiya, has signed a deal with the Qatar Media Corporation (QMC) covering exchanges of content for radio, TV and the web as well as tri-media training programmes.The latest agreement follows one in January between RFI and QMC at the launch of French-language radio station Oryx FM in Qatar.“This collaboration aims to strengthen the cultural dialogue between France and the Arab world, fostering the exchange of experience and know-how of the media domain between Qatar and France,” said Mubarak Jaham Al Kuwari, executive chairman of QMC.“I would like to thank the Qatar Media Corporation for this agreement which will allow us to develop strongly in a truly dynamic country in areas that are the essential purpose of the AEF merger: television, radio and multimedia,” said Alain de Pouzilhac, CEO of Audiovisuel Extérieur de la France.last_img read more