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Turkish Cypriot conscientious objector Karapaşaoğlu jailed for defying call-up

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Turkish Cypriot conscientious objector Karapaşaoğlu jailed for defying call-up

Turkish Cypriot conscientious objector Halil Karapaşaoğlu was sentenced to three days in prison for refusing to pay a fine related to his mobilisation call. This is his second trial in the occupied north for defying the call-up, with his initial declaration of conscientious objection in 2013 leading to military court trials until 2019. Despite receiving a fine in 2019, his refusal to pay resulted in a 20-day prison sentence, later reduced to three nights and four days by a higher court. Critics, such as Murat Kanatlı, have condemned the ruling, pointing out the officials’ hypocrisy in advocating for human rights in European forums but failing to implement relevant ECHR decisions domestically. Karapaşaoğlu’s lawyer, Öncel Pili, has pledged to continue fighting for conscientious objector rights despite the imprisonment.

Tightening up of money laundering oversight

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Tightening up of money laundering oversight

Cabinet has given the Insolvency Department the power to take on the duties of the asset management service in order to better handle money laundering cases.

The UAE’s corporate tax is about more than just raising revenue

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The UAE's corporate tax is about more than just raising revenue

A year has passed since the introduction of the UAE’s 9 per cent federal corporation tax.

California Gov. Newsom’s budget could cost businesses billions in higher taxes

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California Gov. Newsom's budget could cost businesses billions in higher taxes

California Gov. Gavin Newsom’s budget proposal to address the state’s billion deficit does not include higher taxes on workers or businesses. Newsom’s plan includes indirect tax increases on businesses that could cost up to billion over the next four years, including banning businesses with annual revenue over million from deducting net operating losses and limiting business tax credits. Newsom also aims to reverse a ruling that could result in .3 billion in refunds for companies, nullifying the decision and applying it retroactively and prospectively. The proposal is part of Newsom’s efforts to address the state’s budget shortfall, which also includes deep spending cuts affecting immigration, education, and child care.

A bank windfall tax is not the answer in Cyprus

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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.

This is what we did and this is what we got from the EU Recovery Fund

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This is what we did and this is what we got from the EU Recovery Fund

Cyprus has managed to promote important reforms and launch public investments through the Recovery Plan, with more than 40 sponsorship projects announced. The amount available through the sponsorship projects is €460 million. The country has received €262 million from the European fund, with additional tranches expected to be disbursed later this year.

Euroleague: serious incidents between Olympiakos and Panathinaikos fans in Berlin

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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.

Election 2024: Rishi Sunak has already lost control of the,  narrative

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Election 2024: Rishi Sunak has already lost control of the,  narrative

Prime Minister Rishi Sunak has announced that a general election will take place on Thursday July 4.

‘When I saw Thanasis’ body, my life stopped’

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‘When I saw Thanasis’ body, my life stopped’

– After 19 years, a court has ruled that Thanasis Nicolaou was murdered, not that he committed suicide.

Stellantis CEO: electric vehicle tariffs are a trap

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Stellantis CEO: electric vehicle tariffs are a trap

Stellantis CEO Carlos Tavares expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production. The European Commission will unveil an initial decision on potential tariffs on Chinese EV imports on June 5, and China has been threatening counter tariffs. Tavares believes that tariffs would fuel inflation, impact sales and production, and create overcapacity in the European auto sector. Stellantis is in discussions with labor unions about the risks they are facing and how to navigate the challenges ahead. The company will start selling EVs from its Chinese partner, Leapmotor, outside China starting in Europe in September. Tavares aims for Stellantis to be part of the Chinese offensive rather than purely defensive against Chinese competition.