International Cyprus Trust

The Law does not provide a comprehensive definition of ‘trusts’. Trusts law was largely developed by the courts on a case-by-case basis. It is the development of this case law which provides us with a better understanding of what a trust arrangement entails: Read this article here > International Cyprus Trust

The legal title to the trust property is vested in the trustee by its previous owner (the "settlor"). The trust property is managed by the trustee in accordance with the instructions of the settlor. These instructions are usually written and expressed in a trust deed of will (the "trust instrument"). They may also be oral.

The most important thing to note is that, even though the trustee has legal ownership of the trust property, it does not belong to him. Beneficial ownership of it belongs to the beneficiaries. So, the trust property, is an independent fund held by the trustee but available only to the beneficiaries.

Gruff justice as Billy is demoted

British Army Demotes Mascot Goat > According to BBC Gruff justice as Billy is demoted

The regimental goat of the 1st Battalion Royal Welch has been demoted - after refusing to keep in step at a parade to mark the Queen's birthday.

The parade on 16 June was held in the presence of a number of invited dignitaries including the ambassadors of Spain, Netherlands and Sweden and the Argentine commander of UN forces on Cyprus. His handler Lance Corporal Dai Davies, 22, from Neath, South Wales, dubbed the goat major, found he was unable to keep him in line.

Fashion for the Ladies by Erotokritos

Greek-Cypriot, Paris based designer Erotokritos, studied fine art and textile design in San Francisco and fashion at Studio Berçot in Paris. After working for various Parisian Fashion Houses, he launched his own label in 1994.

He quickly gained reputation for his colorful collections that capture the essence of effortless Parisian chic. In the spring of 1996 he opened his own boutique in Paris followed by a second one, which just opened this year in the Marais District.

Erotokritos Designs are available all over the World. For information regarding your nearst outlet visit Erotokritos website http://www.erotokritos.com/

Marcos: Cyprus' star

This year's Australian Open could have been named the Cyprus Open!

Marcos Baghdatis hit the headlines during the first major of the season and expect to do the same when Roland Garros starts on Sunday. Tennis - Marcos: Cyprus' star !

Cyprus wins first European prize for poster competition

But then today I was quite happy to learn that Cyprus won the first European prize for poster competition!

Cyprus has won first prize in a competition for the best European poster on children’s rights in the EU, in the 10 – 14 year age group, the Cyprus News Agency reported.

Around 2,237 teams from all over Europe participated at the competition.

A ceremony took place in Brussels on Thursday, where the European Commission Vice President Franco Frattini presented a certificate to each participating team.

The best posters will be displayed on the websites of the Commission’s Representations in the various EU countries and on the Europa server http://www.europa.eu/. They will also be used in future European children’s rights promotion campaigns.

The Commission will develop a strategy for promoting and protecting children’s rights in all of its policies, both internal and external, as from June 2006.

In the 10 – 14 age group, the first prize was given to the Cypriot team, the second to the Lithuanian and the third to the Maltese. In the 15 – 18 age group, Slovakia won the first prize, Denmark the second and Italy the third.

Presenting the certificates to the participants, Commissioner Frattini expressed his impression by the interests shown in the subject and said “it is to all these young people who have given substantive shape to their ideas on children’s rights and to their expectations regarding them that I extend my thanks and my congratulations.”

Cyprus is doing great, even if not qualified for the Eurovision song festival's finals! Go Cyprus, go!

Music > Cyprus fails to qualify for Eurovision

Last night I wrote "strawberries - take a break". I was in a need to "sweeten" my "bitterness" for Cyprus failing to qualify for Eurovision.

But then I said, politics. Yes, politics and politics it's all about the issue and will explain why. Just read on an you will understand.

Cypriots and Greeks all over the world, were disappointed on Thursday night that Cyprus failed to qualify for the Eurovision Song Contest final which will take place in Athens on Saturday.
In a tele-voting procedure, the semi-final for the 51st Eurovision Song Contest saw Cyprus voted out.

Cyprus’ entry was “Why Angels Cry”, performed by Annete Artani, who was in fact not Cypriot at all but a US citizen born of parents from Greece.

For Cypriots, the Eurovision Song Contest has a political dimension. Cypriots tend to give Greece the top 12 points and expect the same in return (but do not always get it), while Turkey is normally expected to give nothing to either Greece or Cyprus but sometimes does.

The ten countries of the semifinal that qualified on Thursday for Saturday’s final are: Russia, FYR Macedonia, Bosnia –Herzegovina, Lithuania, Ukraine, Ireland, Sweden, Turkey and Armenia.

And on top of that, CyBC (Cyprus Broadcasting Corporation) was accused for discrimination over Turkish Cypriot candidate!

The Cyprus Broadcasting Corporation (CyBC) yesterday refuted allegations it had acted unfairly when it pulled a Turkish Cypriot parliamentary candidate’s interview from its daily show, BIZ, at the last minute.

Nese Yiasin, a candidate for the United Democrats, was pulled from the Turkish Cypriot programme ‘Us’ after CyBC bosses decided her appearance would come across as preferential treatment.

Read the whole article at > http://www.cyprus-mail.com/news/main.php?id=25940&cat_id=1