Cyprus hosting summit on Syrian migration
Fact: Cyprus will host an international meeting of interior ministers to discuss migration, with a focus on declaring parts of Syria safe for migrants to return.
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Chevron prepares for North Sea exit after more than 55 years
Chevron is set to launch the sale of its remaining UK North Sea oil and gas assets, marking its exit from the basin after more than 55 years.
‘, Massive’ French police deployment arrives to secure New Caledonia
French police reinforcements have arrived in New Caledonia to regain control of the capital Noumea. The number of police and gendarmes on the island will increase to 2,700 from 1,700. Rioting began on Monday, resulting in four deaths and hundreds of arrests. Operations are underway to supply food and medicine to the public, with road barricades being removed by specialists in mine clearing. France has declared a state of emergency on the island and banned TikTok. The riots erupted over a new electoral reform bill that will allow French residents who have lived in New Caledonia for 10 years to vote in provincial elections.
Finance ministry to cut corporate tax for industries, consumer goods in new budget, says source
The government plans to reduce corporate tax rates in the productive sector by 2.5 percent in the upcoming fiscal year 2024-25 to encourage setting up of industries and increase tax payments.
Report | Khabib Nurmagomedov being investigated for underpaying his business taxes by $300 million rubles | BJPenn.com
Khabib Nurmagomedov is being investigated for underpaying his business taxes by 0 million rubles, equivalent to around million US dollars.
Here’s what the economy could look like with a Biden or Trump presidency
The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.
Phone blocking system for prisons delayed again
A new system deactivating mobile phones in the immediate vicinity of the central prisons will be installed and operational in one-and-a-half years. The previous deactivation system had been problematic, and delays in implementation were caused by the emergence of 5G technology. Additionally, steps are being taken to alleviate overcrowding at the prisons, including the construction of a new building at the open prison site and a completely new prisons complex by 2027. Legislation concerning the functioning of the attorney-general’s office is also being drafted based on a study commissioned by the government.
Government spokesman: Ankara, ’s role crucial in Cyprus talks
Ankara is key to the efforts aimed at solving the Cyprus problem, according to government spokesman Konstantinos Letymbiotis. EU-Turkey relations can play a significant role in this effort. Through dialogue, answers can be given to the concerns and worries of both Greek Cypriots and Turkish Cypriots. Initiatives and measures are being taken to create positive conditions for the resumption of peace talks. Diplomatic efforts will continue to play a role in resolving the issue.
CyTA given green light to supply smart meters
CyTA has been given the approval to supply and install 400,000 smart meters by a new law passed by the House.
Last-minute laws passed by House before June elections
– The House plenary passed laws related to regulations for local government bodies and operating permits for hotels before adjourning for the upcoming June elections.
– MPs approved a law extending the grace period for hotels lacking a full operating permit until the end of 2024, with a requirement to submit ‘as-built’ plans in the meantime.
– The transitional period for hotels to secure an operating permit has been extended by another six months.