– Crypto ETPs will soon be launched on the London Stock Exchange
– DTX Exchange (DTX) is preparing for a DeFi race win in the upcoming bull run
– Analysts predict that DTX’s price could increase by 25 times before the end of 2024
– A sixth consecutive working day of protests took place between the north’s ‘government’ and Turkish Cypriot farmers over a decision to import meat from the Netherlands.
– A larger number of trade unions from other sectors of Turkish Cypriot society joined the farmers’ unions in solidarity.
– The ‘government’ offered to meet with union representatives at the north’s ‘parliament’ building instead of in the ‘prime minister’s’ office, which was rejected by the protesters.
– The ‘government’ had announced a decision to import meat from the Netherlands to bring down prices for consumers, but farmers believe they are being undercut by the Dutch meat. ‘Ministers’ have consistently insisted that there will be “no stepping back” from the policy.
Digital records can help make European homes and offices greener and healthier.
Illegal and undeclared work in Cyprus is a growing trend, particularly in the construction industry, where it is approaching 25%. The Cyprus economy relies on employing people other than Cypriots, but this needs to be done with appropriate regulations. Third country personnel are attracted through illegal procedures in the promise of a job. The construction sector contributes about 15% to the island’s GDP, with optimistic forecasts for 2024. There are currently 40 projects underway in the construction sector worth €862 million.
Since 2022, the huge deposits held by banks at the ECB have been earning millions in interest.
Donald Trump was booed and heckled at the Libertarian National Convention for his handling of the COVID-19 vaccine and public health restrictions. He tried to appeal to libertarians by denouncing Joe Biden and asking for their support in the upcoming election. Trump also promised to commute the sentence of Ross Ulbricht if he wins the election.
Ersin Tatar, the representative of occupying Turkey, is seeking “equal international status” with a European stamp for the breakaway regime in Cyprus. He wants meetings and visits abroad to be at the same level as those of President Christodoulides, aiming for full equality with the Republic of Cyprus. Despite efforts mainly in Brussels, Tatar has not been successful in getting the desired level of recognition. However, the Turkish side is finding more support in Turkish-speaking countries like Azerbaijan. The policy of recognizing two states in Cyprus is causing tension, with Ankara potentially resorting to blackmail if faced with an impasse. Turkey is not expected to make any moves before July and will likely wait until after the completion of the UN Special envoy’s mission.
The state of California is implementing policy changes that will impact Hollywood’s creative community who use loan out corporations to manage their business affairs. This change will require Hollywood employers to pay creative talent wages as individuals rather than as fees owed to a business entity. This will result in full income tax withholding and payment of employee and employer taxes on all income earned by the owners of loan-out companies. The change is in line with California’s labor-friendly policy agenda under Governor Gavin Newsom.
Moody’s upgraded the outlook on the government of Cyprus to positive from stable, reflecting confidence in strong fiscal and debt outcomes. Moody’s anticipates that Cyprus will continue to achieve significant fiscal surpluses, projected at around 2.3-2.4 percent of GDP for 2024-25. Finance Minister Makis Keravnos stated that the government will continue to responsibly support economic activity to ensure growth and employment while maintaining healthy public finances.
Fact: Governor Murphy has proposed a billion tax increase on New Jersey’s largest employers.