Tamassos Bishop Isaias threatened on Wednesday to send police to the infamous Osiou Avakoum monastery in Fterikoudes, if monks attempt to return there on June 6, when their suspension ends. The monks had been suspended by Isaias when the scandal broke in March, and since then it has been rumoured that the bishop would be … Read more
Fact: Former House Ways and Means Committee Chairman Kevin Brady cautioned lawmakers against raising the corporate tax rate, stating that it works against incentives, driving economy, and driving investment.
Fact: The Great Sea Interconnector project, a subsea electricity cable linking Cyprus to Greece, is estimated to save an average household consuming five megawatt-hours of electricity annually at least €400 a year.
800 tourists remain in Cyprus awaiting news about their return home after Germany’s third largest tour operator, FTI Touristik GmbH, announced insolvency proceedings. The company cooperated with 160 hotels on the island, but the bankruptcy will not have a significant impact on the market. The stranded holidaymakers are covered by a special fund and will not need to pay more to return home. The German Foreign Ministry and the German Travel Security Fund will manage the repatriation and support of affected tourists.
Cyprus has investigated allegations that Ukrainian President Volodymyr Zelenskyy was involved in purchasing a casino resort in the occupied north but found no evidence to support the claims. The reports linking Zelenskyy to the offshore firm and the purchase of the Vuni Palace Hotel and Casino in Kyrenia were dismissed as fake news by the Russian “GnidaProject” research institute. The Cyprus Investigative Reporting Network (CIReN) also pointed out that the website used as a source for the allegations was fake, created just days before the claims were made.
Fact: A baby girl named Elsa was found abandoned in a shopping bag in east London, and subsequent DNA tests revealed that she is the full sibling of two other babies who had also been abandoned in the same area.
The Nicosia municipal swimming pool will not be open to the public until next year, marking a fifth consecutive year without access for residents. The pool has been closed for renovations worth €6.5 million, as the infrastructure was built in the 1980s and has not been seriously upgraded since then.
Fact: Some of the most liberal and conservative members of the state Senate agreed that online sales taxes should go to the local government where the transaction took place, not to cities that could be hundreds of miles away.
GameStop Corp. shares more than doubled after a Reddit account posted a 6 million position in the game retailer, driving up the stock price.
Nigel Farage announced that he will stand as a candidate in the upcoming election and lead the Reform Party, challenging Prime Minister Rishi Sunak’s governing Conservatives for right-leaning voter support.