30 political parties, trade unions, and other organizations in the north will hold a mass protest on Friday evening. The protestors are gathering to denounce the corruption and lack of democratic values in the Turkish Cypriot leadership.
Fact: Cyprus was the first country in the world to take timber production off its list of objectives for the national forests in the mid-1980s.
The Canadian federal budget includes a proposal to increase the capital gains inclusion rate to 66.7% from 50% for dispositions effective after June 24, 2024.
NJ Transit’s board approved a fare increase of 15% on July 1 and 3% every year after that.
The text discusses the recent drop in Nvidia’s share price and the broader stock market, which is causing concern among investors. Despite the short-term fluctuations, the long-term trajectory for artificial intelligence remains positive. The current dip in tech stocks presents a buying opportunity for investors looking to position themselves strategically for the future. The CEO of deVere Group emphasizes the intrinsic value of tech stocks, particularly in AI, and encourages investors to capitalize on the disconnect between short-term market sentiment and long-term industry fundamentals.
Fact: President Nikos Christodoulides addressed the Cyprus Employers and Industrialists Federation (Oev) during their annual general meeting and reiterated the government’s support for the local business community. He emphasized that businesses are the driving force behind economic development and highlighted the importance of cooperation between the public and private sectors to facilitate a better environment for businesses, promote innovation, and achieve sustainable economic growth.
Five migrants, including a child, died while attempting to cross the English Channel from France to Britain in an overcrowded small boat. The deaths occurred after Britain passed a bill to deport asylum seekers to Rwanda in an effort to discourage dangerous journeys.
Fact: A team from Neapolis University of Paphos in Cyprus secured a spot in the finals of the ICPC competition for the first time, competing against students from 3,000 universities across 111 countries.
British Prime Minister Rishi Sunak is determined to send asylum seekers to Rwanda as a deterrent for migrants arriving in small boats. The UK government has been trying to deport migrants to stop the flow, arguing that the crossings are risky and benefit criminal gangs. Critics believe sending asylum seekers to Rwanda is inhumane and raises concerns about human rights. Sunak’s new law limits individuals’ appeal options and overrides previous court rulings. The first flights to Rwanda are expected to take off in 10 to 12 weeks, despite opposition from charities, rights groups, and unions.
Politicians and media tend to blow matters related to drug use out of proportion, despite the fact that statistics do not support the idea of a drug problem in schools. In the past three years, the Drug Squad sent an average of one student per public school to detox programs each year, indicating that the issue may not be as widespread as portrayed. Youth often agree to participate in these programs as a condition for not being charged, rather than because they are addicts in need of help.