General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
Some 5 ½ years after needing a 10-billion euro ($11.13 billion) international bailout to keep the economy and banks from going under, Cyprus – driven by record tourism – has come back but business confidence is waning.
Economic sentiment declined in Cyprus in July, compared to June, mostly because businesses aren’t enthusiastic about growth, said a report from the Economic Research Center of the University of Cyprus, according to the Chinese news agency Xinhua.
The European Union and Ministry of Finance funded economic surveys in all 28 member countries and in Cyprus it showed that the monthly Economic Sentiment Indicator fell 1.7 points because of business pessimism.
The decline in the Services Confidence Indicator was driven by less favorable views by firms on their past performance (business situation and demand) and downward revisions in demand expectations and that retail businesses were more negative over downward sales revisions.
It was the same for the construction sector and industry, based on the current level of order books, employment and production expectations, the news agency said.
Curiously though, consumers felt better about future economic conditions than did businesses but it didn’t show in sales, although the report indicated more people were considering more major expenditures, which could bring a boost.
Consumers’ expectations matched improved data about job prospects, fell in June to 6.6, almost 2 percent from the same month a year earlier, also with optimistic projections of economic growth this year and next year.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
RAFAH, Gaza Strip (AP) — Sabreen Jouda came into the world seconds after her mother left it.
VENTURA, CA – Greek-American George Christie was featured on Fox News Digital (FND) for his time in the Hells Angels, recounting the moment he decided to quit the motorcycle club he had formerly led.
NICOSIA - The suspending of asylum applications from Syrian refugees on Cyprus has now been followed by President Nikos Christodoulides saying the island country that’s a member of the European Union can’t take any more in.
WASHINGTON - Although human rights groups have chided Greece’s record in dealing with refugees and migrants, alleging pushbacks the government denied happened, the US State Department said Greece’s record is essentially status quo.