Pictured: Teva’s site in Canada/iStock, JHVEPhoto Teva Pharmaceuticals on Tuesday announced that it has agreed to pay $750 million to put an end to what it calls a “historical income tax issue” in Israel. Under an agreement with the Israel Tax Authority, Teva will make its settlement payment in yearly installments, from 2024 to 2029. … Read more
Debate beat: New Rules Helped Trump “Staged by CNN in an audience-free soundstage in which even competing reporters were banned, the Biden-Trump debate had more ground rules than an Ultimate Fighting match,” grumbles Politico’s Jack Shafer. In advance of the debate, “many assumed that these new rules would hurt Trump” given that “he feeds off live … Read more
Politics / June 25, 2024 Yes, they disagree on Gaza. But the Democratic primary rivals are also far apart when it comes to taxing billionaires and multinational corporations. Ad Policy Jamaal Bowman and George Latimer during a debate on May 13, 2024.(News12) Media coverage of Tuesday’s Democratic primary battle between US Rep. Jamaal Bowman—the progressive … Read more
The benchmark West Texas Intermediate (WTI) attracted fresh buyers in Asian trading on Wednesday and reversed a part of the previous day’s retracement slide from the $81.65 area, or a nearly two-month top. The US crude oil currently trades around $81.00/barrel, up over 0.50% for the day amid persistent geopolitical tensions stemming from Israeli strikes … Read more
Israeli army forces strapped a wounded Palestinian man to the hood of a military jeep during an arrest raid in the occupied West Bank city of Jenin on Saturday. A video circulating on social media and verified by Reuters showed a Palestinian resident of Jenin, Mujahed Azmi, on the jeep that passes through two ambulances. … Read more
The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group commands considerable influence in almost everything that happens in Lebanon, from politics to the economy and national defence. Apart from securing vast amounts … Read more
On the morning of October 7, 2023, I found myself reading the Economist when suddenly a message appeared on my phone. The Hamas terror attack in Israel was all over the news and I could hardly believe how such massive and despicable crime could have happened in our times, especially given Israel’s superior army, intelligence … Read more
German tourists were the top spenders in Cyprus in March, up from fifth last year, and dished out €779 per person which, based on an average stay of 7.9 days, works out at a cool €98.66 per day, some €30 per day more than their fellow nationals spent on the island in March 2023. School … Read more
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.
More than 500 Palestinians have been killed by Israeli security forces and Jewish settlers in the occupied West Bank since last year’s Israel-Hamas conflict. The United Nations human rights office condemned Israel’s use of force in the territory and the denial of medical aid. Israeli forces have cracked down in the West Bank, making thousands of arrests to prevent escalating violence. UN human rights monitors found violations of international law in the use of force by Israeli security forces, with some Palestinians killed not posing an imminent threat.