While Ireland’s corporate tax stance has placed it at odds with the rest of the EU, a Trump presidency would bring a geopolitical storm that would leave the entire bloc in the same boat Donald Trump said his economic agenda was ‘low interest rates and taxes’, adding there was a ‘tremendous incentive to get things … Read more
Cyprus remains a prime destination for investors eyeing lucrative deals in the real estate sector, as the island offers a variety of investment opportunities for both local and foreign investors, according to a leading real estate company. The biggest opportunity at the moment is on the south east coast, in Larnaca, as the government moves … Read more
Major events that occurred on June 4 include the first successful hot-air balloon flight by the Montgolfier brothers in 1783, the presentation of the first Pulitzer Prizes in the US in 1917, the passing of the 19th Amendment guaranteeing women’s suffrage in 1919, the capture of the German U-boat U-505 during WWII in 1942, the introduction of the modern shopping cart in Oklahoma City in 1970, the release of Bruce Springsteen’s album “Born in the U.S.A.” in 1984, the suppression of the Tiananmen Square protests in China in 1989, and the successful maiden voyage of the SpaceX Falcon 9 rocket in 2010.
Five people were rescued after their sailboat sunk off the coast of Larnaca, 35 nautical miles from shore. The joint rescue coordination centre (JRCC) received a notification from a tanker boat in the area and dispatched a helicopter to rescue the individuals. All five were successfully saved and are in good health.
Fourteen migrants are stranded in the buffer zone near the University of Cyprus campus in Aglantzia, unable to enter government-controlled areas due to the temporary suspension of asylum applications by the Republic of Cyprus. The group includes women and children from Afghanistan, Sudan, Cameroon, and Iran, with assistance being provided by the UNFICYP and UNHCR. Patrols have been increased along the buffer zone to deter migrant arrivals, resulting in a 95% decrease in arrivals by boat from Syria. Pushbacks in Lebanese waters have contributed to this decrease, but the Mediterranean crossing remains the deadliest route for migrants. The U.N. human rights office has reported gross human rights violations faced by Syrian refugees returning to Syria, including torture, abduction, sexual harassment, and violence. Pushbacks are measures used by states to force refugees and migrants out of their territory, circumventing international protection safeguards.
Small boat owners at the Larnaca marina are asking for reduced fees, which were increased by as much as 25% in March by the previous operator. They have not received a positive response when requesting a meeting with the Transport Minister and the transport ministry’s permanent secretary. Boats are beginning to run aground as sand accumulates on the seafloor due to the lack of dredging at the marina.
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Beachgoers in Pervolia, Larnaca, have reported boat owners and tour operators dumping garbage overboard, posing a threat to marine life, especially turtles. Residents found various waste items littering the beach for three consecutive days, including shoes, toiletries, food containers, and plastic packaging. One resident expressed outrage at the lack of consideration for the environment and the local community.
The Limassol Boat Show 2024 will take place from May 23 to 26 at Limassol Marina, featuring impressive yachts, diving and fishing equipment, cars, and various marine services. The event aims to establish Cyprus on the maritime map and develop the local shipping sector.
Nine Egyptian men accused of causing a deadly shipwreck off Greece had charges dropped because the Greek court had no jurisdiction to hear the case as the disaster occurred in international waters.
Two people were killed and five others were missing after a suspected collision between a small motor boat and a cruise ship on the Danube River north of Budapest. Police found the body of an adult man near the site and a woman’s body further downstream. The accident involved eight adults on the small boat, and the cruise ship involved was identified as the 109-metre-long Heidelberg. Police have launched a criminal investigation to determine the cause of the accident.