Europe

Our View: Symbolism vs. substance in refugee crisis

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Our View: Symbolism vs. substance in refugee crisis

President Nikos Christodoulides described Thursday’s visit to Lebanon with the President of the European Commission Ursula von der Leyen as a “historic day.” Von der Leyen announced a financial package of €1 billion over the next three years to strengthen Lebanon politically and economically, with a focus on controlling migration. The Lebanese Prime Minister Najib Mikati urged the EU to come up with a “radical” solution for the Syrian refugee crisis in Lebanon. Despite the optimistic declarations, it is doubtful that the understanding reached would have the desired results.

Democracy is not a given

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Democracy is not a given

The fact described in the text is that the European Union created a video featuring elderly survivors of tragedies in Europe to remind people of the importance of democracy. These survivors share stories of their experiences with dictatorships and wars, including World War II, concentration camps, and the Prague Spring. The European Union is urging people to vote in order to combat the rise of the far-right and protect hard-earned rights. Only 50.6% of eligible voters participated in the previous European elections in 2019.

‘European Parliament will never accept a two-state solution’

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‘European Parliament will never accept a two-state solution’

The fact described in the text is that the EU will continue to support efforts for a Cyprus solution, with the heads of the EU commission and parliament representations on the island expressing their commitment to this goal.

OECD upgrades global growth outlook as US outperforms

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OECD upgrades global growth outlook as US outperforms

The global economy is growing faster than expected, with the US activity being resilient and inflation converging quickly with central banks’ targets, according to the OECD.

RoRo traffic up 75% in Limassol since 2017

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RoRo traffic up 75% in Limassol since 2017

– Limassol port has seen a 75% rise in wheeled cargo traffic since DP World Limassol took over its operation in 2017.
– DP World Limassol operates Cyprus’ largest RoRo terminal, processing around 60,000 multipurpose RoRo units last year alone.
– RoRo shipping is the most popular method for transporting wheeled cargo in a cost-effective manner.
– Limassol port is a natural gateway for the transportation of vehicles to and from the Middle East and continental Europe.
– DP World Limassol has made significant investments in the terminal, equipment, and operational processes over the past seven years.
– DP World Limassol serves numerous industries and welcomed a wide range of vessels, including passenger ships like the ferry connecting Greece and Cyprus.

Moneyval reports improvements in money laundering measures

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Moneyval reports improvements in money laundering measures

Cyprus has welcomed a Moneyval report that acknowledged improvements in tackling money laundering and terrorism financing, but also identified existing shortcomings.

Canada’s capital-gains tax change continues decades-old debate over economic growth and tax fairness

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Canada’s capital-gains tax change continues decades-old debate over economic growth and tax fairness

The fact described in the text is that Finance Minister Chrystia Freeland announced an increase in the capital-gains inclusion rate to 66 per cent for corporations and trusts, and for individuals on gains above 0,000, in order to raise nearly billion over five years to pay for housing initiatives.

Investors scour the globe for shelter as Wall Street shakes

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Investors scour the globe for shelter as Wall Street shakes

Global investors are looking at European and emerging market assets to protect themselves from turbulence in US stocks and bonds due to stubborn inflation.

Cyprus celebrates 20 years in the EU

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Cyprus celebrates 20 years in the EU

President Nikos Christodoulides and European Commission President Ursula von der Leyen planted an olive tree to honor Cyprus’ 20 years in the EU, lauding the accession as a diplomatic success.

Dogs, instincts and the importance of balance

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Dogs, instincts and the importance of balance

– Dogs’ tails and ears have a purpose and should not be altered for aesthetic reasons.
– Humans have interfered with nature by altering dogs’ appearances, similar to how they have altered women’s bodies.
– Humans may have lost certain instincts over time, such as telepathic alerts to danger.
– Astrology and the influence of the moon on human behavior are discussed.
– Climate change is altering the balance of the planet, affecting many species.
– Ancient wisdom, such as that found in the I Ching, is still relevant today.
– The connection between humans and the universe, possibly stemming from primordial stardust, is explored.