Is EU playing second fiddle to US, China on energy targets?

Is EU playing second fiddle to US, China on energy targets?

There’s a growing divergence between EU targets and national plans, and electrification is not happening quickly. Are voters turning their backs on the EU’s 2030 climate objectives? Year-to-date natural gas consumption is 3.1% down, to 195.6 bcm from 201.9 bcm in 2023. Milder weather has reduced household consumption. In general, the trend is downwards. Europe … Read more

Trump says he’ll end the “inflation nightmare.” Economists say Trumponomics could drive up prices.

Trump says he'll end the "inflation nightmare." Economists say Trumponomics could drive up prices.

Former President Donald Trump is campaigning on a pledge to end the “inflation nightmare,” vowing that if he wins a second term, he’ll bring down prices “very quickly.” And if that scenario came to pass, it would be cheered by the millions of Americans who say higher costs remain a major problem.There’s only one problem: … Read more

Baby girl found in London related to two other abandoned siblings

Baby girl found in London related to two other abandoned siblings

Fact: A baby girl named Elsa was found abandoned in a shopping bag in east London, and subsequent DNA tests revealed that she is the full sibling of two other babies who had also been abandoned in the same area.

Biden is turning the American dream of retirement into a nightmare

Biden is turning the American dream of retirement into a nightmare

President Biden is proposing a tax hike on savings, including a 45% tax on capital gains, which would negatively impact retirement savings for millions of Americans. Biden’s proposed tax increases on investment are driven by the government’s addiction to spending, with a proposed federal budget of .3 trillion and .9 trillion in future tax hikes. These taxes will result in lower spending and reduced savings for families, affecting their ability to save for retirement. Biden’s policies are seen as detrimental to individuals and the economy, as they will hinder investment and economic growth.

‘In Cyprus, under 30s are screwed!’

‘In Cyprus, under 30s are screwed!’

Millennials are the most populous age group in Cyprus, with over a quarter of a million individuals. Generation Z, born between 1997 and 2012, are entering the workforce and facing challenges such as financial anxiety, minimal salaries, and limited opportunities. They are characterized as practical hedonists who prioritize meaningful experiences over economic security. Generation Z is competing with three other generations for limited jobs, wealth, housing, and opportunities, making the future uncertain for under-30s in Cyprus.

A minute with Mikaela Tsangari, Sound Engineer/Producer

A minute with Mikaela Tsangari, Sound Engineer/Producer

The fact described in the text is that the person’s greatest fear is not being able to protect their child from social media and the possibility of having to leave their home due to climate change.

Mediaeval aristocratic women brought back to life

Mediaeval aristocratic women brought back to life

The exhibition “Mediaeval Women of Cyprus” is a joint project by two Turkish Cypriots, Ahmet Hilmi and Semra Bayhanli, showcasing seven large canvasses portraying significant women in the island’s mediaeval history.

British nurse Lucy Letby loses appeal over babies’ murder conviction

British nurse Lucy Letby loses appeal over babies’ murder conviction

British nurse Lucy Letby lost her appeal to overturn her conviction for murdering seven babies and attempting to kill six others. Letby, 34, was found guilty of killing five baby boys and two baby girls at a hospital in northern England. The Court of Appeal rejected her appeal, stating that they have decided to refuse leave to appeal on all grounds. Letby is scheduled to face a retrial on one count of attempted murder next month.

Cancer victims sue Johnson & Johnson over ‘fraudulent’ bankruptcies

Cancer victims sue Johnson & Johnson over ‘fraudulent’ bankruptcies

A group of cancer victims sued Johnson & Johnson, accusing the company of committing fraud through efforts to use a shell company’s bankruptcy to resolve lawsuits alleging its talc products contained asbestos and caused cancer.

As wealth inequality rises in Cyprus both people and democracy suffer

As wealth inequality rises in Cyprus both people and democracy suffer

Cyprus households have a median net wealth of €200,400 in 2021, with the top 10% holding 46.1% of the net wealth. Wealth inequality is increasing, with the Gini coefficient for wealth distribution rising. Inheritance and bequests are a major factor in explaining wealth inequality. Returns to capital have grown faster than returns to labor, leading to greater wealth accumulation by households owning capital. High wealth inequality has profound socioeconomic effects and political consequences in shaping election outcomes and policies.