Libertex Restores Hope for Children’s Premises in Limassol in Support of the Organization’s Mission

LIMASSOL, Cyprus--(BUSINESS WIRE)--Nov 19, 2024--

Demonstrating their strong commitment to community support, the Libertex team recently restored and enhanced spaces within the “Hope for Children” CRC Policy Center’s premises in Limassol. This meaningful initiative, rooted in volunteerism, focused on transforming the facility into a more welcoming and supportive environment for children and the dedicated social workers and psychologists who care for them. As a positive outcome, it also fostered team-building among Libertex employees, who worked together to refurbish several rooms and the garden area.”

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The restoration project involved Libertex staff working in groups to enhance various internal and external areas. Volunteers painted walls, installed new carpets and drapes, upgraded lighting and office furniture, and revitalized the garden. The goal was to create a warm, safe space conducive to healing for the children who visit daily and to provide a better work environment for the staff of Hope For Children based in Limassol.

“At Libertex, we believe that everyone has a role to play in building a more compassionate world,” said Marios Chailis, Chief Marketing Officer of the Libertex Group. “This restoration project reflects our team’s deep sense of purpose and care. We wanted to make a tangible difference in children's lives and honor the inspiring work of the social workers who support them daily.”

Since 2022, Libertex has proudly supported the work of Hope For Children. This partnership goes beyond financial support, with Libertex staff actively engaging in hands-on efforts that showcase their commitment to creating positive change in the community. The revitalized spaces stands as a testament to the power of teamwork and empathy. For the children who visit, it offers a place of comfort and care, while for the staff, it reinforces that their tireless efforts are recognized and valued.

“We are deeply thankful for the Libertex team’s dedication to our cause,” said Andria Neocleous, Executive Director of “Hope for Children” CRC Policy Center. “Their work in rejuvenating our premises in Limassol will have a lasting impact on the children we serve and on our staff who work diligently to protect and support them. Collaborations like these help us continue promoting children’s rights and wellbeing and providing critical care and support.”

“Hope For Children” CRC Policy Center is committed to promoting children’s rights and providing psychosocial and legal support. The “Children’s House” serves as a multidisciplinary center to support and rehabilitate sexually abused children through comprehensive services, including social support, therapy, medical examinations, and family support, in collaboration with Social Welfare Services, Cyprus Police, Ministry of Health, Ministry of Education and other governmental bodies. The Children’s House services are provided in both Limassol and all other Districts having its basis in Nicosia. Similarly, the services of the foster families program are provided nationwide in cooperation with and under the supervision of the Social Welfare Services.

Through this project, Libertex reaffirms its dedication to creating positive, lasting change in the lives of children, showing how compassion, teamwork, and meaningful action can make a significant difference.

-ENDS-

About Libertex

Part of the Libertex Group, Libertex is an online broker offering tradable CFDs with underlying assets being commodities, Forex, ETFs, cryptocurrencies, and others. Libertex also offers investments in real stocks. Over the years, Libertex has received multiple prestigious awards and recognitions, including “Global CFD Broker of the Year” (PAN Finance, 2024), “Most Trusted Broker” (European CEO, 2024) and “Best Trading Experience” (Ultimate Fintech, 2023). Libertex is the Official Online Trading Partner of FC Bayern, in what has become a dynamic and exciting partnership. Since being founded in 1997, the Libertex Group has grown into a robust fintech powerhouse, with an established presence in various jurisdictions, serving millions of clients from several countries all over the world. In Europe the Libertex trading platform is operated by Indication Investments Ltd., a Cyprus Investment Firm regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF License number 164/12.

For more information about Libertex visit www.libertex.com

(Photo: Libertex)

Russian President Vladimir Putin on Tuesday signed a revised nuclear doctrine declaring that a conventional attack on Russia by any nation that is supported by a nuclear power will be considered a joint attack on his country.

Putin’s endorsement of the new nuclear deterrent policy comes on the 1,000th day after he sent troops into Ukraine on Feb. 24, 2022.

It follows U.S. President Joe Biden’s decision to let Ukraine strike targets inside Russia with U.S.-supplied longer-range missiles.

The signing of the doctrine, which says that any massive aerial attack on Russia could trigger a nuclear response, reflects Putin’s readiness to threaten use of the country’s nuclear arsenal to force the West to back down as Moscow presses a slow-moving offensive in Ukraine.

Asked about whether the updated doctrine was deliberately issued on the heels of the U.S.′ decision to ease restrictions on Ukraine using its longer-range missiles to strike Russia, Kremlin spokesperson Dmitry Peskov said the document was published “in a timely manner” and that Putin instructed the government to update it earlier this year so that it is “in line with the current situation.”

Putin first announced changes in the nuclear doctrine in September, when he chaired a meeting discussing the proposed revisions.

The new version of the document states that an attack against his country by a nonnuclear power with the “participation or support of a nuclear power” will be seen as their “joint attack on the Russian Federation.”

It doesn’t specify whether such an attack would necessarily trigger a nuclear response. It mentions the “uncertainty of scale, time and place of possible use of nuclear deterrent” among the key principles of the nuclear deterrence.

At the same time, it spells out conditions for using nuclear weapons in greater detail compared to the previous version of the doctrine, noting they could be used in case of a massive air attack involving ballistic and cruise missiles, aircraft, drones and other flying vehicles.

The wide formulation appears to significantly broaden the triggers for possible nuclear weapons use compared with the previous version of the document, which stated that Russia could tap its atomic arsenal if “reliable information is received about the launch of ballistic missiles targeting the territory of Russia or its allies.”

The revised doctrine envisages that Russia could use nuclear weapons in response to aggression against its ally Belarus.

Belarus’ authoritarian President Alexander Lukashenko, who has ruled the country with an iron hand for more than 30 years, has relied on Russian subsidies and support. He has let Russia use his country’s territory to send troops into Ukraine and allowed the Kremlin to deploy some of its tactical nuclear weapons in Belarus.

Russian President Vladimir Putin listens to Moscow-appointed head of Russian-controlled Zaporizhzhia region of Ukraine, Yevgeny Balitsky during their meeting at the Kremlin in Moscow, Russia, Monday, Nov. 18, 2024. (Vyacheslav Prokofyev, Sputnik, Kremlin Pool Photo via AP)