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Society

Foreigners Now Rule Cyprus’ Bank

NICOSIA — Former Deutsche Bank chief Josef Ackermann has been named the new chairman of bailed-out Cyprus’ biggest bank.

The shareholders’ and board votes come after the Bank of Cyprus passed a European in-depth review of its finances last month. The bank had earlier bolstered its capital base by raising 1 billion euros ($1.25 billion).

U.S. billionaire Wilbur Ross, who led a group of investors in pouring tens of millions into the bank, was elected Vice Chairman. Russian Vladimir Strzhalkovskiy stays on also as vice chairman.

Bank of Cyprus still faces major hurdles — half of all its loans are bad.

Police thwarted several dozen angry bondholders who lost money in Cyprus’ multi-billion euro international rescue deal last year from forcing their way into the bank’s headquarters.

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NICOSIA — A court in Cyprus on Saturday ordered two men to remain in police custody for six days on suspicion of people smuggling.

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A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

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By Defining Sex, Some States Are Denying Transgender People Legal Recognition

TOPEKA, Kan. (AP) — Mack Allen, an 18-year-old high school senior from Kansas, braces for sideways glances, questioning looks and snide comments whenever he has to hand over his driver's license, which still identifies him as female.

Stefanos Kasselakis, the ‘Omogeni’, the ‘foreigner’, the ‘Americanaki’, is now definitively ‘plugged into’  SYRIZA, without even needing to hold elections.

BERLIN (AP) — A former member of the disbanded left-wing militant Red Army Faction group has been arrested after more than 30 years on the run, German authorities said Tuesday.

BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg told The Associated Press that the military alliance has no plans to send combat troops into Ukraine amid reports that some Western countries may be considering putting boots on the ground in the war-ravaged country.

In 2021, Debbie Crowley discovered the cost benefits of retiring in Tamarindo.

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