Euros & Dollars: Bad Timing for Lithuania’s Tax Hikes

Euros & Dollars: Bad Timing for Lithuania's Tax Hikes

The Lithuanian Finance Ministry proposed increasing the corporate tax rate by one percentage point, hiking excise duty on fuel, and introducing a tax on some insurance contracts to raise additional funds for defense.

Russia says it will strike British targets if UK weapons are used to hit its territory

Russia says it will strike British targets if UK weapons are used to hit its territory

Russian Foreign Ministry spokeswoman Maria Zakharova stated that Moscow will retaliate with strikes on British targets if British weapons are used by Ukraine to strike Russian territory. This warning was issued in response to British Foreign Secretary David Cameron’s statement that Ukraine had the right to use weapons provided by London to hit targets inside Russia. Russia has decided to hold exercises this month to simulate the launch of tactical nuclear missiles in reaction to this remark.

World Court to rule on Friday on measures over Israel’s Rafah offensive

World Court to rule on Friday on measures over Israel’s Rafah offensive

The International Court of Justice will rule on South Africa’s request to order a halt to Israel’s Rafah offensive in Gaza. South Africa accused Israel of genocide and demanded emergency measures to protect Rafah and allow access to Gaza for humanitarian aid. Israel launched the assault on Gaza after militants stormed into southern Israel, resulting in numerous casualties. The International Criminal Court has requested arrest warrants against Israeli Prime Minister Benjamin Netanyahu and others for alleged war crimes.

Israel doesn’t want peace in the Middle East

Israel doesn’t want peace in the Middle East

Israel’s reaction to Norway, Ireland, and Spain recognizing the State of Palestine was expected. The European countries’ intentions are historic and assert the need for coexistence and recognition of the Palestinian people’s right to self-determination. Recognizing the State of Palestine is a condemnation of Israeli authoritarianism and their genocidal campaign. It is crucial for humanity’s survival, even if it means isolating Israel to achieve peace and end the slaughter.

What colour is the revolution?

What colour is the revolution?

The fact described in the text is that three European countries – Spain, Norway, and Ireland – have announced their recognition of the State of Palestine.

Analysis: Israel’s allies grapple with bid for ICC warrant against Netanyahu

Analysis: Israel’s allies grapple with bid for ICC warrant against Netanyahu

International Criminal Court Prosecutor Karim Khan has requested an arrest warrant against Israeli Prime Minister Benjamin Netanyahu, causing a diplomatic dilemma for key member states who must balance support for Israel with backing the ICC’s actions. Some capitals, such as Paris, London, and Berlin, were informed beforehand about the plans, but many have not disclosed how they will respond if warrants are issued. Germany, in particular, faces challenges due to its support for Israel’s security and the ICC prosecutor’s independence. U.S. President Joe Biden and Secretary of State Antony Blinken have criticized the move, while European countries like Britain and Italy are divided over the issue. The ICC has jurisdiction over the conflict between Israel and Hamas since October 7, 2022, despite Israel not being a member of the court. The international community’s response to the arrest warrants will be crucial for the ICC’s credibility and the rule of law.

Ireland, Norway set to recognise Palestinian state today

Ireland, Norway set to recognise Palestinian state today

Norway and Ireland are set to announce the recognition of an independent Palestinian state, following other European Union members in supporting a two-state solution for lasting peace in the region. The move is seen as a potential positive impact on the peace process between Israel and the Palestinians. Israel has warned against the recognition, stating it could lead to more terrorism and instability in the region.

Norway, Ireland and Spain, recognise Palestinian state; effective on May 28

Norway, Ireland and Spain, recognise Palestinian state; effective on May 28

Norway, Ireland, and Spain will recognize an independent Palestinian state to help bring peace with Israel. European Union members Slovenia and Malta also plan to make the recognition, believing a two-state solution is crucial for lasting peace in the region. Before the announcement, 143 out of 193 United Nations member-states recognized a Palestinian state. Norway will only recognize Palestine if it can positively impact the peace process, in line with the United States’ stance.

Israel orders recall of ambassadors to Ireland and Norway after Palestine recognition

Israel orders recall of ambassadors to Ireland and Norway after Palestine recognition

The Israeli foreign ministry has recalled its ambassadors to Ireland and Norway after the two nations recognized a Palestinian state. Foreign Minister Israel Katz stated that this decision undermines Israel’s right to self-defense and efforts to return 128 hostages held by Hamas in Gaza. Katz emphasized Israel’s determination to achieve goals of restoring security, removing Hamas, and returning the hostages.

Cost of living, energy prices, top concerns for Cypriots

Cost of living, energy prices, top concerns for Cypriots

Cypriots are most concerned about soaring prices and energy costs, according to a recent survey. 84% are worried about rising prices, while 72% are concerned about energy bills. Other concerns include crime, corruption, and poverty, with less immediate anxiety about issues like climate change and the Russia-Ukraine war. The survey also shows a sense of cautious optimism about household finances, with more households feeling comfortable with their income compared to the previous year. Consumer spending habits have shifted slightly, with a decrease in overall purchases and a focus on essentials and long-term goals such as home maintenance, improving quality of life, children’s education, and savings.