WHO

Americans must pay higher taxes if they want to keep a high standard of living

by
Americans must pay higher taxes if they want to keep a high standard of living

The U.S. government faces fiscal challenges that will require higher taxes, regardless of the presidential election outcome. The federal deficit is projected to grow to 6% of GDP by 2033, and debt held by the public will increase to 114% of GDP. The 2017 Tax Cut and Jobs Act simplified and cut individual income taxes and lowered business taxes, with most individual tax cuts expiring in 2025. President Biden’s proposed budget includes repealing benefits for high-income families and raising taxes on the wealthy. If former President Trump is reelected, the TCJA is likely to be extended, costing at least .3 trillion through 2033. Trump has proposed tariffs on imports from China and lowering the federal corporate tax rate. These proposals could lead to a financial “train wreck” for the nation.

Confusion reigns in lead up to next month, ’s elections

by
Confusion reigns in lead up to next month, ’s elections

There are more than 7,000 candidates running in the upcoming EU and local government elections in Cyprus. Voters will have to choose among 12 political party combinations and independent candidates. The ballot papers are printed in different colors to help voters differentiate between the various elections. Two communities did not have candidates, and others did not meet the required number of candidates for community council members, so a new date will be set for those elections.

A bank windfall tax is not the answer in Cyprus

by
A bank windfall tax is not the answer in Cyprus

Since 2022, the huge deposits held by banks at the ECB have been earning millions in interest.

Man arrested after reporting attack

by
Man arrested after reporting attack

A 43-year-old man reported being attacked, but police found two young people with injuries caused by a sharp object who claimed they were the victims of an attack by the older man. An arrest warrant was issued against the 43-year-old.

Trump booed and heckled by raucous crowd at Libertarian convention

by
Trump booed and heckled by raucous crowd at Libertarian convention

Donald Trump was booed and heckled at the Libertarian National Convention for his handling of the COVID-19 vaccine and public health restrictions. He tried to appeal to libertarians by denouncing Joe Biden and asking for their support in the upcoming election. Trump also promised to commute the sentence of Ross Ulbricht if he wins the election.

Taiwan’s increasingly political Drag Race queen wows fans on home stage

by
Taiwan’s increasingly political Drag Race queen wows fans on home stage

Nymphia Wind, the first East Asian winner of RuPaul’s Drag Race, returned to Taiwan for a homecoming performance in Taipei. She is now seen as an unofficial ambassador for Taiwan and a champion of its democratic values, having participated in protests and performed for the outgoing President. Nymphia’s win has inspired others in Taiwan’s drag community to be themselves and express their true selves, despite occasional hostility from conservative groups.

After China drills, Taiwan president again extends goodwill

by
After China drills, Taiwan president again extends goodwill

Taiwan President Lai Ching-te extended goodwill towards and offered cooperation with China following Chinese war games near the island. China carried out military drills in response to Lai’s inauguration speech, which Beijing viewed as a push for Taiwan’s independence. Lai rejects Beijing’s claims of sovereignty and has offered talks, but has been rejected. Lai called on China to share responsibility for regional stability and expressed a desire for mutual understanding and reconciliation through cooperation. Taiwan condemned China’s war games and discovered a cardboard box with political slogans written in simplified Chinese characters suspected to be dropped by a drone. China’s military has been releasing propaganda videos directed at Taiwan since the drills began.

Euroleague: serious incidents between Olympiakos and Panathinaikos fans in Berlin

by
Euroleague: serious incidents between Olympiakos and Panathinaikos fans in Berlin

Serious incidents occurred in Berlin between Olympiacos and Panathinaikos fans at around 11:00 PM on Saturday. One man is seriously injured and fighting for his life, while 11 others were injured, two seriously. The police had to be mobilized and multiple ambulances arrived at the scene. Police had difficulty containing the crowd involved in the clash.

Tatar knocking on doors in Brussels

by
Tatar knocking on doors in Brussels

Ersin Tatar, the representative of occupying Turkey, is seeking “equal international status” with a European stamp for the breakaway regime in Cyprus. He wants meetings and visits abroad to be at the same level as those of President Christodoulides, aiming for full equality with the Republic of Cyprus. Despite efforts mainly in Brussels, Tatar has not been successful in getting the desired level of recognition. However, the Turkish side is finding more support in Turkish-speaking countries like Azerbaijan. The policy of recognizing two states in Cyprus is causing tension, with Ankara potentially resorting to blackmail if faced with an impasse. Turkey is not expected to make any moves before July and will likely wait until after the completion of the UN Special envoy’s mission.