![Chios keeps tradition alive with thundering Easter rocket war [VIDEO]](https://ch.jfdi.cc/wp-content/uploads/2024/05/chios-keeps-tradition-alive-with-thundering-easter-rocket-war-video.jpg)
Vrontados in Chios held its annual Easter rocket war tradition, where rival teams launched thousands of rockets in a spectacular display for 20,000 spectators. Volunteers ensured the event ran smoothly, with the Fire Service putting out minor fires and police managing traffic. The tradition ends with the cleanup of spent rocket casings until the next rocket war in 2025.
Two Turkish Cypriot political parties, the YDP and the Milletin Partisi, are set to formally merge. Bertan Zaroglu, initially a founding member of the YDP, will unite with the YDP for the sake of the country.
A 79-year-old man named Fotis Photiou died in a traffic collision in occupied Famagusta on Holy Thursday. The incident involved his vehicle colliding with a bus, which was empty at the time. Photiou was traveling with his wife near Davlos when the crash occurred. Sadly, he sustained fatal injuries and was pronounced dead at the scene. His wife was hospitalized with minor injuries but has since been released.
Cyprus has improved its measures for tackling money laundering and combating financing of terrorism, according to the latest Moneyval report. The Securities and Exchange Commission (CySEC) sees this as a ‘vote of confidence’ in financial regulation, especially for cryptos. The report found Cyprus to have improved its compliance with the Financial Action Task Force’s Recommendations, particularly in relation to Crypto-Asset Services Providers. Moneyval also noted progress towards improving compliance with non-profit organizations. Cyprus has made progress in addressing technical compliance shortcomings and is expected to report back to Moneyval in May 2025 on further progress. The country has achieved compliance or large compliance on 37 out of the 40 FATF Recommendations. CySEC has implemented significant measures to assess and reduce risks in the field of crypto-assets and improve compliance among providers. The publication of the report follows legislative changes to align AML/CFT laws with Moneyval and FATF standards.
The Cyprus Securities and Exchange Commission (CySEC) welcomed the findings of a Moneyval report regarding progress made in addressing money laundering and terrorism financing. Moneyval is the Council of Europe’s committee of experts on evaluating anti-money laundering measures and the financing of terrorism. The report recognized Cyprus’s improved compliance with the Financial Action Task Force’s (FATF) regulations on new technologies and noted progress in enhancing compliance with non-profit organizations. Since November 2022, Cyprus has bolstered its regime for virtual asset service providers, with only a few minor deficiencies remaining, according to the report.
Cyprus has welcomed a Moneyval report that acknowledged improvements in tackling money laundering and terrorism financing, but also identified existing shortcomings.
The fact described in the text is that Finance Minister Chrystia Freeland announced an increase in the capital-gains inclusion rate to 66 per cent for corporations and trusts, and for individuals on gains above 0,000, in order to raise nearly billion over five years to pay for housing initiatives.
Ten individuals arrested at a Limassol demonstration speak of an unprovoked police attack, horrible detention conditions, and abuse by the police. They were arrested following scuffles between protesters and police officers demanding a fair investigation into the death of Bangladeshi immigrant Anisur Rahman. Protestors and lawyers dispute the police’s account, describing the clash as an “unprovoked attack” and accusing the police of abuse.
An 18-year-old has been arrested and charged with assault, possession of a knife, and cannabis after a brawl in Latsia. The incident resulted in a 17-year-old being injured and taken to the hospital for treatment. The police found knives and cannabis in the 18-year-old’s vehicle and are currently investigating the case.
The most important thing for a brand to establish a strong identity is the brand logo.