5 Minute News

3 months ago

A failure in the captain's seat was identified as the main cause of the crash of Air India's Boeing 787, according to an investigation report. 247 people lost their lives when the aircraft crashed into a lodging house during takeoff. The report reveals mechanical failures and high temperatures that affected the flight. International aviation authorities have promptly initiated inspections of all pilot seats in Boeing 787s.

A 3-year-old girl drowned in a pool in Rhodes during a children's party. There was no lifeguard present, and the child was retrieved unresponsive. Despite the doctors' efforts, they could not save her. The owner of the establishment has been arrested, and the girl's parents are receiving psychological support.

The Israeli government warns citizens trapped abroad not to rush to Larnaca or Athens due to a closed airspace. With at least 50,000 Israelis stranded, flights have been canceled until June 23. The resumption of the airport's operations will be gradual and limited for security reasons. The El Al website will be the only option for booking return tickets.

A peaceful event and march for Gaza is taking place in Limassol, organized by the Cyprus Peace Council. Many citizens are participating, expressing their support for Palestine and condemning Israeli attacks. The event is calm and includes speeches from representatives of the Council. The march is expected to follow a coastal route.

In Cyprus, heavy rains are occurring in the mountainous areas, providing relief from the recent summer heat. These rains have been ongoing for several hours, bringing a distinctly autumnal weather pattern. Many videos showcasing this weather phenomenon have been shared on social media. The forecast suggests that these rains will continue in the coming days.

Indian Prime Minister Narendra Modi is making an official visit to Cyprus. He will be welcomed by President Christodoulides and participate in discussions aimed at enhancing bilateral relations. Topics will include economy, trade, and investments. After the talks, the Prime Minister will depart from Cyprus.

Criminal investigator Thanasis Athanasiou is set to make a public statement regarding the case of the death of National Guard member Thanasis Nikolaou. Developments are expected following the Legal Service's rejection of the family's request for criminal charges. The family is reacting strongly and considering an appeal to the European Court of Human Rights. Nikolaou's mother expresses her frustration over the lack of justice in the case.

President Christodoulides held phone conversations with key regional leaders, including the Prime Minister of Israel and the President of Egypt. He emphasized the need for de-escalation and a return to diplomacy, highlighting the importance of stability in the Eastern Mediterranean. He also called for a ceasefire in Gaza and the release of hostages. Cyprus aims to actively contribute to maintaining security in the region.

President Christodoulides will convey a message from Iran to the Prime Minister of Israel through a phone call, as Cyprus requests the EU to convene the Foreign Affairs Council. While phone communications with regional leaders continue, he expresses dissatisfaction regarding the EU's delayed response. The situation is serious and requires immediate actions. The President will also discuss the visit of the Indian Prime Minister to Cyprus.

US-Iran relations are entering a new phase of tension, with Donald Trump categorically denying any American involvement in attacks against Iran. He warns Tehran that any attacks on American targets will lead to severe consequences. Nevertheless, he leaves room for a potential agreement between Iran and Israel aimed at resolving the ongoing conflict. The situation remains tense with uncertain developments.

The Ministry of Energy is closely monitoring the rise in crude oil prices due to developments in the Middle East. It checks the fuel prices in Cyprus daily. If unjustified price increases are found, measures will be taken. The Minister urges companies to act responsibly and transparently.

Narendra Modi's visit to Cyprus holds historical significance for the relationship between Cyprus and India. The visit emphasizes their strategic partnership within Europe, highlighted by an upcoming joint cooperation declaration. India views Cyprus as a bridge to Europe, while both countries recognize the threat posed by Turkey. This visit strengthens Cyprus's role in the region.

The new Neonatal Intensive Care Unit is not completed as scheduled for September, and delays are causing concern. About 9,000-10,000 premature infants are born annually in Cyprus, and the only existing unit is insufficient to meet needs. Prematurity is linked to serious health complications, and proper care after birth is crucial. The situation requires urgent action to complete the project and improve existing facilities.

The recent session of the DISY parliamentary group prompted criticism of Annita Demetriou's presidency. Members expressed concerns about her handling of the invitation to Faidon Faidonos. Many veteran members were surprised to see a reversal of roles, with the party president receiving criticism instead of setting the direction. This development has raised concerns about the internal dynamics of DISY.

Turkey is returning to the Cypriot EEZ, attempting to influence the Republic of Cyprus's plans and advance its own. Simultaneously, it is carrying out illegal actions in the area, including disputes over maritime boundaries. Ankara aims to exploit the political situation in the region and its relationship with the United States. However, its actions are deemed illegal and provoke tensions in the Eastern Mediterranean.

Digital banks provide significant benefits to their customers, but their growth may threaten traditional banks and financial stability. The ECB reports that the market share of digital banks increased from 3.1% in 2019 to 3.9% in 2024. Additionally, digital banks offer higher interest rates for customer deposits. While this competition is beneficial for consumers, it also brings some risks.