Troodos residents , ‘should not be second-class citizens’
The fact described in the text is that the Troodos region in Cyprus only has one hospital, making it the only choice for residents in the area.
meeting
Janet Yellen says America won’t back a billionaire tax
World leaders are considering a global tax on the world’s richest people, but the U.S. does not support the idea.
Cypriot and Greek ministers discuss migration
Interior Minister Constantinos Ioannou and Greek Cypriot Minister of Maritime Affairs and Insular Policy Christos Stylianides discussed migration and the Greece-Cyprus INTERREG Cross-Border Cooperation Programme. They emphasized the importance of supporting countries in the Eastern Mediterranean region, particularly Lebanon, in strengthening their migrant reception and hosting systems. The successful implementation of the cooperation programme led to institutionalized collaboration between the two countries to address challenges in managing migratory flows. A new strategic project involving the procurement of surveillance vehicles was submitted for the new programming period 2021-2027. Both ministers reaffirmed their high level of cooperation and agreed to explore additional synergies to increase readiness and response to operational challenges.
Mental health staff joins nurses, ’ work stoppage on Thursday
Fact: The mental health nursing staff branch of trade union Pasydy will participate in a one-hour work stoppage to protest understaffing on Thursday.
Akel speaks out against quarry expansion
Akel strongly opposes the government’s decision to proceed with a tender for an environmental impact assessment and ecological study for a potential new quarry zone in the area of Androlikou, near Polis Chrysochous.
Markets await UK CPI, FOMC minutes
The GBPUSD pair is trading around 1.2710 as financial markets await the release of the UK Consumer Price Index (CPI) and FOMC Minutes. Federal Reserve officials are cautious about the timing of interest rate cuts due to hotter-than-expected inflation data. Bank of England Governor Andrew Bailey expects a rate cut in the future. The UK CPI is estimated to show a decrease in April compared to the previous meeting. The reports could impact the timing of the first rate cut.
Progress on stalled infrastructure projects , – minister
Within the next two weeks, answers will be given for several stalled infrastructure projects, including the impasse over Larnaca’s revamped port with concession holder Kition Ocean Holdings (KOC). The Ministry of Transport is considering the option of canceling the contract with KOC due to breach of contractual terms, which could result in the port reverting to management by the state’s Ports Authority. The ministry is also considering other investors who have shown interest in the project.
CiC Automasters, Jeep Club Cy to hold march for PASYKAF
Jeep Club Cy is organizing a charity march in Larnaca on Sunday May 26, 2024, with all proceeds going to the Pancyprian Association of Cancer Patients and Friends (PASYKAF).
Astrobank bucks trend with new branch , — will seek approval for dividend
Astrobank is opening a new branch in the Dali area in Nicosia, which is considered an underserved location with no existing banking facilities. The bank will seek regulatory approval from the Central Bank of Cyprus to distribute dividends and aims to reduce non-performing loans to single digits by July. Astrobank has a capital adequacy ratio of 23.7% and has already met the Minimum Requirements for Own Funds and Eligible Liabilities. The bank is optimistic about the future and is open to acquisitions and evaluating new opportunities in the banking sector.
Tony Watson blew the whistle on Lendlease’s questionable tax practices. Now he has to sell his family home
Lendlease is facing a big battle with major investors, with a showdown expected later this month.