– Fires broke out in Limassol’s Ayios Sylas and Ayios Therapondas were confirmed to be arson attacks by fire services chief Nikos Longinos.
– Two small businesses were burned to the ground in the area.
– The goal of the fire services was to protect homes and save lives.
– Three aircraft, including two helicopters from Jordan, were called in to help fight the fires.
– 10 fire trucks from Larnaca, Paphos, and Nicosia were on the scene.
John Malkovich is a 70-year-old Hollywood star who describes himself as a plodder with a lot of interests.
The International Monetary Fund praised Cyprus for its strong economic performance, commending the country for its substantial primary surpluses, efforts to reduce public debt, quick recovery from the pandemic, and resilience in dealing with external shocks. The IMF recommended measures to further strengthen the economy, including phasing out electricity subsidies and VAT exemptions, and advised against further cost-of-living adjustments to wages. Other recommendations included reforms to the justice system, labor markets, and vigilance regarding systemic risks in the real estate market.
T-Mobile will buy almost all of US Cellular’s wireless operations, including customers, stores, and 30% of its spectrum assets, in a deal valued at .4 billion.
PwC will become the largest customer and first reseller of OpenAI’s enterprise product, ChatGPT Enterprise, for its employees in the US and UK.
U.S. President Joe Biden declared that Hamas is no longer capable of carrying out a major terror attack on Israel and called for a permanent cease-fire in Gaza. Biden supported an Israeli proposal for a three-phase plan, including a six-week cease-fire, withdrawal of Israeli forces from populated areas of Gaza, and the exchange of hostages for Palestinian detainees. Biden also warned Israel of potential global isolation.
Workers at the Larnaca port staged a protest against former port operator Kition Ocean Holdings over fears regarding their pay after Kition’s contract was terminated by the government. The government reached a deal with the workers to ensure their continued employment while searching for a new operator. Qatar has shown interest in taking over the port’s running. President Christodoulides wants the issue to be handled immediately.
El Al Israel Airlines is expected to make a decision on an order of around 30 short-haul aircraft in a few weeks, choosing between the Boeing 737Max and Airbus A320 family in a deal worth billion.
The Tax Foundation’s International Tax Competitiveness Index (ITCI) measures the competitiveness of tax systems in 38 OECD countries based on low tax burdens on business investment and neutrality in tax codes.
Saudi Arabia’s government filed papers to sell a new stake in state oil giant Aramco that could raise as much as .1 billion.