Fact: President Nikos Christodoulides stressed that the newly appointed investigators must begin work immediately to uncover the truth about the death of Thanasis Nicolaou, who was found dead under Alassa bridge in September 2005.
The Soviet Union influenced Akel to reject a solution plan proposed by the US, UK, and Canada for the Cyprus problem in 1976. The Soviet Union did not want the Cyprus problem to be solved by a US initiative, as it would strengthen the US’s prestige in the region and maintain tension in Greece-Turkey relations.
Fact: There are still 758 Greek Cypriots missing out of 1,510, according to government spokesman Konstantinos Letymbiotis.
Iranian President Ebrahim Raisi and his foreign minister were involved in a helicopter crash while crossing a mountainous area in heavy fog on their way back from a visit to Azerbaijan.
Certain resident juridical persons, such as government entities, government-controlled entities, businesses engaged in natural resource extraction, those involved in non-extractive natural resource businesses, and natural persons with business revenue below Dh1 million in a Gregorian calendar year, are exempt from corporate tax.
Fact: The Turkish Cypriot administration is working on legal amendments to limit the number of properties that foreigners can purchase in the northern part of Cyprus.
Cyprus households have a median net wealth of €200,400 in 2021, with the top 10% holding 46.1% of the net wealth. Wealth inequality is increasing, with the Gini coefficient for wealth distribution rising. Inheritance and bequests are a major factor in explaining wealth inequality. Returns to capital have grown faster than returns to labor, leading to greater wealth accumulation by households owning capital. High wealth inequality has profound socioeconomic effects and political consequences in shaping election outcomes and policies.
The Industrial Workers of the World (IWW) is a global labor union that has been organizing in Cyprus since 2020. The IWW stands out from traditional trade unions by being a union for all workers, including minorities, migrants, and sex workers. The IWW is not trying to be friendly with employers and government, unlike traditional unions. The IWW is a horizontal organization that values transparency and full participation rights for all members. The IWW encourages workers to join traditional trade unions as well. In Cyprus, the IWW organizes all workers under one big union, unlike traditional federations divided by profession or sector. The IWW aims to prioritize organizing over mere mobilizing and believes in forming strong relationships with fellow workers.
Elon Musk arrived in Bali to launch SpaceX’s Starlink internet service in Indonesia. The government hopes this will improve internet access and health services in remote areas. Musk will collaborate with Indonesian officials and President Joko Widodo for the launch. Starlink has already secured a permit to operate in Southeast Asia’s largest economy. It is also used in Ukraine for military, hospitals, businesses, and aid organizations.
