Schauffele wins PGA Championship for long-awaited first major
Xander Schauffele won the PGA Championship by one shot over Bryson DeChambeau at Valhalla Golf Club in Louisville, Kentucky.
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Cyprus receives LGBT human rights score of 34 per cent
Cyprus was given a score of 34 per cent for the human rights situation and living standards of its LGBT population.
Frederick University to host affordable housing conference
Fact: Frederick University’s Department of Architecture, in collaboration with the Cyprus Architects Association, is organizing a conference on the role of architecture in achieving affordable housing in Cyprus.
Cyprus drops to 51st place in digital competitiveness rankings
Cyprus has fallen to 51st place in digital competitiveness among 64 countries in 2023, marking a six-place drop compared to 2022.
Cyprus based fintech exceeds $1 trillion in trading volume , — island praised for friendly business environment
Capital.com, a global trading platform and fintech group headquartered in Cyprus, announced that total client trading volumes exceeded .2 trillion in 2023, marking the first time volumes breached the trillion mark since the company’s establishment in 2016. The company was ranked as the number one fastest-growing technology company among 50 nominees in the 2023 Deloitte Tech Fast 50 rankings. Group CFO Ariel Segev praised Cyprus as a dynamic and thriving tech hub, stating that the country’s business-friendly ecosystem, deep talent pool, and facilitative legislation make it an ideal jurisdiction for tech scale-ups.
Financial watchdog conducts assessment visit in Turkey
A team from the Financial Action Task Force held meetings with Turkish authorities to assess Turkey’s progress in curbing money laundering and terrorist financing concerns. The team’s report will form the basis of the FATF’s decision at a June 28 plenary, which Finance Minister Mehmet Simsek has signaled will mark Turkey’s departure from the grey list of countries under special scrutiny.
Sinner not heaping pressure on himself with top ranking in sight
Jannik Sinner can close in on Novak Djokovic at the top of the world rankings by winning the Madrid Open and would move within 330 points of Djokovic if he wins the tournament.
New approach needed for maritime hub
Singapore has been declared the world’s premier shipping center in the sixth Leading Maritime Cities survey. Cyprus, specifically Limassol, needs to improve its shipping infrastructure to be included among the top 50 cities in the future. Cyprus has made progress in improving its shipping sector, but more efforts are needed in areas such as research, technology, green transformation, and competitiveness to become a leading maritime center.
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Nadal, ’s Barcelona return ended by De Minaur
Rafa Nadal’s hopes of winning the Barcelona Open for a 13th time were dashed by Australian fourth seed Alex de Minaur in the second round. Nadal was playing his first tournament since January and was defeated 7-5, 6-1 by De Minaur.