chairman

Latest meeting between farmers and north , ‘govt’ ends without result

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Latest meeting between farmers and north , ‘govt’ ends without result

The latest meeting between Turkish Cypriot farmers and the north’s ‘government’ over the ongoing dispute regarding imported meat ended without result on Friday, the north’s animal producers’ and breeders’ union chairman Mustafa Naimogullari said on Friday.Naimogullari had met with ‘prime minister’ Unal Ustel, ‘finance minister’ Ozdemir Berova, ‘agriculture minister’ Huseyin Cavus, and ‘economy minister’ Olgun … Read more

India, ’s Modi, allies to meet after humbling election verdict, markets down in early trade

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India, ’s Modi, allies to meet after humbling election verdict, markets down in early trade

Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) won 240 seats in the general election, falling 32 seats short of an outright majority. The weakened majority could pose challenges for the government’s reform agenda, but policy continuity is expected to persist. Modi’s alliance won 293 seats, enough to form a government, but he may have to depend on regional parties for support. Despite a reduced victory margin for Modi in his own seat, necessary reforms are still feasible. The opposition INDIA alliance, led by Rahul Gandhi’s Congress party, won 230 seats and is expected to discuss a future course of action.

This Week From the Hill (June 2 – 8, 2024) | JD Supra

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This Week From the Hill (June 2 – 8, 2024) | JD Supra

Fact: Former House Ways and Means Committee Chairman Kevin Brady cautioned lawmakers against raising the corporate tax rate, stating that it works against incentives, driving economy, and driving investment.

Consumers would see power price cuts with Interconnector

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Consumers would see power price cuts with Interconnector

Fact: The Great Sea Interconnector project, a subsea electricity cable linking Cyprus to Greece, is estimated to save an average household consuming five megawatt-hours of electricity annually at least €400 a year.

Nicosia municipal pool closed to public for fifth year

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Nicosia municipal pool closed to public for fifth year

The Nicosia municipal swimming pool will not be open to the public until next year, marking a fifth consecutive year without access for residents. The pool has been closed for renovations worth €6.5 million, as the infrastructure was built in the 1980s and has not been seriously upgraded since then.

MicroStrategy and Its Founder to Pay $40 Million in Tax Fraud Lawsuit

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MicroStrategy and Its Founder to Pay $40 Million in Tax Fraud Lawsuit

Michael Saylor did not pay any income taxes to Washington despite living there from 2005 through 2020.

Greek Cypriots receive , €30m from north’s IPC so far this year

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Greek Cypriots receive , €30m from north’s IPC so far this year

Greek Cypriots have received £25.4 million (€29.8m) in compensation from the Immovable Property Commission (IPC) in the north so far in 2024.

TechIsland Summit: Pioneering Cyprus, ’ tech-driven future

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TechIsland Summit: Pioneering Cyprus, ’ tech-driven future

The ICT sector in Cyprus has shown significant growth, with a 283% increase in GVA from 2011 to 2023, positioning Cyprus fourth in the EU27 for ICT growth. Despite this growth, the employment rate of ICT specialists in Cyprus remains at the EU average of 4.6%, indicating a need for more specialists to catch up with the sector’s growth.

Toyota showcases compact engines adaptable to different fuels

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Toyota showcases compact engines adaptable to different fuels

Toyota has showcased next-generation engines at a media event with Subaru and Mazda, including 1.5 litre and 2.0 litre engines with reduced volume and height. The three companies aim to optimize integration with motors, batteries, and other electric drive units. The new engines will be compatible with alternative fuel sources such as e-fuels and biofuels. Toyota’s new 1.5 litre engine will achieve a 10% reduction in volume and weight compared to existing engines, while the new 2.0-litre turbo engine will have similar gains. Toyota is following a “multi-pathway” approach to carbon neutrality, with nearly two-fifths of its vehicles sold in January-March being petrol-electric hybrids. EVs are expected to reach a global market share of 30%, with hybrids, hydrogen fuel-cell, and fuel-burning vehicles making up the rest.

BYD unveils new hybrid tech as battle with gasoline rivals heats up

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BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD launched the fifth generation of its plug-in hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km on depleted batteries.