Daily Archives: December 15, 2015

france 24 – French foreign minister’s son in custody over fraud probe – France 24

December 15, 2015 By in Business Administration, People, Politics Tags: , , , , 1 Comment
Laurent Fabius during Ségolène Royal and José ...

Laurent Fabius during Ségolène Royal and José Luis Rodríguez Zapatero’s meeting in Toulouse on April, 19th 2007 for the 2007 presidential election. Français : Laurent Fabius pendant le meeting de Toulouse du 19 avril 2007 de Ségolène Royal et José Luis Rodríguez Zapatero pour l’élection présidentielle de 2007. (Photo credit: Wikipedia)

AFP reports that Thomas Fabius, the “enfant terrible” of France’s Foreign Minister Laurent Fabius, was taken into custody on Tuesday as part of a probe into forgery, fraud and money laundering, citing  police sources.

Source: france 24 – French foreign minister’s son in custody over fraud probe – France 24

Every family seems to have black sheep but some are blacker than others.

The media seems to be increasingly focusing on the wayward antics of the children of the rich and famous. I wonder if the current generation are really any worse?

Thoughts?

Cyprus may be small, but its reunification could have huge global ramifications – Telegraph

December 15, 2015 By in Business Administration, Cyprus, cyprusgas, cyprusreunification, Fiscal Policy, Growth, People, Politics, Tourism, Travel, Turkey Tags: , , , , Leave a comment
English: Map of Cyprus showing districts

English: Map of Cyprus showing districts (Photo credit: Wikipedia)

The UK Telegraph claims that according to some estimates, reunification of unification  could boost the island’s GDP by €5bn within five years (or €1,700 per capita) and €10bn within 20. It qualifies that this is a considerable fillip given that GDP in the south was only €21.1bn last year.

Source: Cyprus may be small, but its reunification could have huge global ramifications – Telegraph

As a UK national resident in Cyprus, I am encouraged that mainstream newspapers are looking to Cyprus’ upside potential.

It’s interesting to speculate on where the benefits will fall. Here’s my take on what to expect:

  • A massive property boom
  • Accelerated development of Cyprus offshore gas and oil, with the related secondary industries.
  • Cyprus global investment hub and business services to benefit.
  • Higher education achievement, with related increased skills to attract more high technology industries, and of course
  • Cyprus’ location in the Mediterranean with three hundred days of sun will guarantee a boom in tourism and related consumer service industries, like restaurants, hotels and shops.

Of course, since King Richard the Lionheart Cyprus has been a strategic location. Did you know that Richard the Lionheart was married in Limassol, Cyprus?

Thoughts?