government

Our View: Entitlement culture the biggest threat to Gesy

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Our View: Entitlement culture the biggest threat to Gesy

The latest evaluation report of the national health scheme Gesy raised concerns about overutilization of healthcare services due to them being free, leading to unnecessary tests and referrals. This has created a culture of entitlement among patients, resulting in financial strain on the system and long waiting lists. To address this, the government may need to impose higher charges for medical actions and referrals to ensure the viability of Gesy.

European stocks gain, dollar strong as traders cut Fed easing bets

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European stocks gain, dollar strong as traders cut Fed easing bets

European stocks were on track to outperform Wall Street on Friday due to high demand for exporter shares as major currencies in the continent dropped against a strong dollar.

Britain says RAF jets deployed to intercept any airborne attacks in Middle east

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Britain says RAF jets deployed to intercept any airborne attacks in Middle east

British Royal Air Force jets in the Middle East will intercept any airborne attacks within range of existing missions, as required, in response to increased Iranian threats and the growing risk of escalation in the region. The UK dispatched RAF jets to intercept Iranian drones attacking Israel, following Iran’s vow of retaliation for an alleged Israeli strike on its Damascus consulate. Israel and Jordan closed their airspace, while Syria put its defence systems on high alert. Tensions in the region have escalated, with the Gaza war spreading to other fronts and threatening to result in direct conflict between Iran and its allies against Israel and the US.

‘Political climate benefits Elam’

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‘Political climate benefits Elam’

Elam is currently polling at 11 per cent, slightly ahead of Diko at 10 per cent.

Taxes & Government Revenue

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Taxes & Government Revenue

Countries need to increase tax collection to finance investments in human capital, infrastructure, and services. Many developing countries are struggling to collect enough revenue, with some collecting less than 15% of GDP in taxes. To resume economic growth and reduce poverty, tax systems need to be made more equitable and efficient.

Cyprus suspends asylum processing for Syrians (Update)

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Cyprus suspends asylum processing for Syrians (Update)

Cyprus has suspended its processing of asylum claims for applicants of Syrian origin.

Govt to continue forest fire fighting measures

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Govt to continue forest fire fighting measures

Fact: Deforestation and the uncontrolled use of forests have led to an alarming decline in the number of trees worldwide, causing the climate crisis to worsen.

UK climate change minister Graham Stuart resigns

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UK climate change minister Graham Stuart resigns

Britain’s climate change minister Graham Stuart resigned from the government after eight years, saying it was the right time to step down.

Hundreds slam racism in Limassol protest (photos, video)

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Hundreds slam racism in Limassol protest (photos, video)

Fact: Anis Rahman, a Bangladeshi national, jumped to his death to escape a police raid in Limassol, Cyprus.

Understanding ETF liquidity: Key factors to consider

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Understanding ETF liquidity: Key factors to consider

Fact: ETF liquidity refers to the ease with which an exchange-traded fund (ETF) can be bought or sold on the market without significantly affecting its price.