The fact described in the text is that the north’s ‘transport minister’ Erhan Arikli called for the north’s ‘parliament’ to pass a resolution calling for a two-state solution to the Cyprus problem.
A year has passed since the introduction of the UAE’s 9 per cent federal corporation tax.
The far-right party ELAM has gained significant political space in Cyprus, attracting voters from various parties. This rise of the far-right is not just a Cypriot issue but a European and international phenomenon. The far-right thrives on crises and social inequalities, offering what seems like an attractive alternative to traditional parties. Despite some missteps, ELAM continues to influence public discussions and set the agenda, posing a potential nightmare for other parties and society as a whole. The focus should be on countering the far-right through effective policies and addressing pressing issues to prevent the normalization of fascism.
Countries are divided on whether to comply with, fight against, or ignore the global minimum tax agreement known as Pillar Two. Compliance involves adopting three taxes to reach a 15% tax rate on corporate income, while fighting against it could lead to trade wars. Ignoring Pillar Two may result in businesses needing to engage in tax planning to protect themselves from liability.
On May 23, 1934, notorious American outlaws Bonnie Parker and Clyde Barrow were killed in a shootout with police.
Fact: Billionaire families in the US and Southeast Asia consider higher taxes as the biggest risk over the next five years, according to a UBS Group AG survey of family offices.
Julian Assange has been granted permission to appeal against extradition to the U.S. by arguing that he might not have free speech rights in a U.S. court. The appeal is based on concerns that he could be discriminated against as a foreign national. Assange is wanted in the U.S. on 18 charges related to WikiLeaks’ release of secret U.S. documents. The appeal was welcomed by his supporters, who gathered outside the court. If the ruling had gone against him, Assange could have been extradited to the U.S. within 24 hours. U.S. assurances that Assange could rely on First Amendment protections were deemed inadequate by his legal team. The appeal will now cover all 18 charges against him.
FIFA has ordered a legal evaluation of a proposal by the Palestinian Football Association to suspend Israel over the war in Gaza. The Palestinian proposal accuses the Israel Football Association of complicity in violations of international law and discrimination against Arab players. The request for sanctions comes two years after FIFA suspended Russia for its invasion of Ukraine. FIFA President Gianni Infantino expressed shock over the situation and promised to address the issue at an extraordinary meeting in July.
The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.
Israeli Prime Minister Benjamin Netanyahu will present a bill to conscript ultra-Orthodox Jews into the military to a ministerial committee. The issue is sensitive due to ongoing conflicts and high casualties among secular draftees. Ultra-Orthodox parties in Netanyahu’s coalition oppose the exemptions, leading to protests. Economists argue that the conscription waiver keeps ultra-Orthodox out of the workforce, creating a welfare burden. Israel’s Arab minority is also largely exempt from the draft.