Sharon Basch is a rising 3L at the University of Pittsburgh School of Law and a JURIST staff correspondent in Washington DC this summer. Wednesday morning I attended a US Senate Budget Committee hearing entitled “Making Wall Street Pay its Fair Share: Raising Revenue, Strengthening Our Economy.” The hearing was called to discuss tax policy and … Read more
We know that “privately, Trump has told allies that he is keenly interested in cutting corporate tax rates again,” according to The Washington Post, even as corporate profits hit near record highs in 2023. The Post also reported that “Trump’s advisers…have discussed proposals to make deeper cuts to the overall corporate tax rate, potentially to … Read more
Cyprus, are you ready for some French jazz? This June, the wonderful French Jazz and Swing Quintet Divarco will make their Cyprus debut with two performances in Limassol and Nicosia that promise to serenade the night away.Based in Greece, the quintet is known for its exquisite renditions of quintessential 30s and 40s swinging jazz favourites. … Read more
Charalambos Pittokopitis, the newly elected President of the Paphos Provincial Autonomy Organisation, described a wildfire engulfing a large area of Paphos as a “tragedy.” Pitokopis said he visited the firefront, speaking with the Director of the Department of Forests. He questioned why the Director, an experienced firefighting professional, was at the Crisis Management Centre in … Read more
West Texas Intermediate price hovers around $77.50 per barrel during Asian trading on Tuesday, as crude oil prices are bolstered by expectations of increased fuel demand this summer. According to Reuters, analysts at the energy consulting firm Gelber and Associates noted that, “futures are higher as expectations of summer demand are supportive of prices despite … Read more
Restaurants and bars in Cyprus saw their attendance increase to 75 per cent of their overall capacity during May, according to Neophytos Thrasyvoulou, president of the Federation of Leisure Centre Owners (Osika), who also called on business owners to be more competitive with their pricing.In statements made to the Cyprus News Agency (CNA), Thrasyvoulou explained … Read more
Just 39 miles on the clock, trashed cars remain in limbo Eight-year-old Dickran Ouzounian treasured visiting his father Stefan’s garage, located a few metres from the bustling Ledra street, to admire the latest Toyota cars.He was fascinated by the brand-new, gleaming Corollas, Coronas, Crowns and Celicas. Now, 50 years later, as the CEO of the … Read more
THE BIGGEST news story over last few days has been that it was very hot. As if anyone in Kyproulla had not felt the scorching heat and had to be informed about it by continuous reports and updates from the media.OK, it was the highest ever temperature recorded in early June, but what more is … Read more
Lovers of cinema and good food, this event series is for you! Lidl Food Academy in Cyprus is hosting a series of film screenings this month for a few lucky winners to enjoy, paired with chef-prepared meals. For one more summer, Lidl Cyprus’ Movie Nights return for three evenings blending gastronomy and cinema.Before each film … Read more
But spending is more than keeping pace, up €5bn on the same period last year, according to new Exchequer figures published by the Department of Finance.Most reassuring to the Government will be the bounce-back in corporation tax, an increasingly important source of revenue for the Exchequer. Some €3.6bn was collected in May, up €0.8bn or … Read more