Horses run amok in central London
A number of horses are running amok in London, with at least one person injured. The horses belong to the Household Cavalry and ran loose while exercising at Horse Guards Parade.
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Perpetrators of daylight shooting in Nicosia still at large, police under fire
A man was shot while riding his motorbike in the Anthoupolis area in Nicosia. He is in critical condition with wounds from three bullets. The victim is reportedly a member of the gang of criminal Alexis Mavromichalis. The shooter was a passenger on a second motorbike, and a third person is being investigated. The victim had visited an individual being held at the Lakatamia police station before the shooting. Police are investigating threats made by the victim to establish a motive for the attack. The perpetrators of the shooting waited in ambush near the police station. The victim was found on the ground in a pool of blood with three bullet casings nearby.
President reiterates support for businesses , — wants to “turn challenges into opportunities”
Fact: President Nikos Christodoulides addressed the Cyprus Employers and Industrialists Federation (Oev) during their annual general meeting and reiterated the government’s support for the local business community. He emphasized that businesses are the driving force behind economic development and highlighted the importance of cooperation between the public and private sectors to facilitate a better environment for businesses, promote innovation, and achieve sustainable economic growth.
Attempted murder in Nicosia, man shot three times in broad daylight
A man was shot while driving his motorbike in Nicosia’s Lakatamia area.
Turkey’s Erdogan in Iraq to push for reset of ties, cooperation against PKK
Turkish President Tayyip Erdogan visited Iraq to improve relations and discuss deals on energy, trade, and security cooperation against Kurdish PKK militants. Erdogan emphasized Turkey’s expectations for Iraq to help in the battle against the PKK. Cooperation on economic projects and securing water from the Tigris and Euphrates rivers were also discussed. Bilateral trade between Turkey and Iraq was worth .9 billion in 2023. Erdogan also planned to meet with Iraqi Kurdish officials during his visit.
The riches in Europe, ’s mountains of metals waste
Fact: Waste from the production of aluminium, nickel, and other industrial materials offers the EU an opportunity to advance its recycling goals.
Verstappen , ‘on another planet’ with victory in China
Fact: Max Verstappen won the Formula One Chinese Grand Prix, with Lando Norris finishing second to deny Red Bull the one-two.
‘I wouldn’t do it to my own kids’
Fact: Panayiota Demetriou is the only lacemaker left in the village of Kato Drys.
Government surplus tops €8.3bn as corporate tax receipts reach record levels
Government surplus tops €8.3bn as corporate tax receipts reach record levels.
Time To Tax Data? Why The Next Great Tax Frontier Could Be A Data Tax
– In 2016, the average company managed 162.9 terabytes of data.
– In 2024, roughly 2.5 quintillion bytes worth of data are generated each day, with over 44 zettabytes of data in the entire digital universe.
– GenAI solutions generate, organize, and operate on data, and businesses’ ability to manage and manipulate data will define their success in the marketplace.
– Legislators are considering taxing data as a way to generate revenue from corporations.
– Different states have proposed various methods of taxing data collection.
– The international implications of data taxes are complex and would require alignment among jurisdictions.
– Corporations need to be vigilant and prepared for potential data taxes in the future.