Tourist investments and risks

Tourist investments and risks

A lot of investment has been undertaken for touristic development ranging from hotels to quality places of entertainment and even more important addressing the upgrading of staff, food and service. Previous years with the tourist arrivals have been increasing by approximately 8% p.a. and this, coupled with the planning relaxation given by the then Government, … Read more

Six ways Jack Chambers might spend Ireland’s corporate tax windfall in Budget 2025

Six ways Jack Chambers might spend Ireland’s corporate tax windfall in Budget 2025

At the press briefing announcing the latest exchequer returns on Wednesday, the Department of Finance’s chief economist, John McCarthy, said his department estimated that about 50 per cent of the State’s €24 billion annual corporate tax take could be classified as “windfall” and potentially “non-recurring”.That means we’re accruing €12 billion in business tax receipts that … Read more

Bomb explosion in Strovolos

Bomb explosion in Strovolos

Possible Improvised Explosive Device Causes Early Morning Explosion in Strovolos Cafe The Police are investigating the possibility that an improvised explosive device caused the explosion that occurred shortly before 5:00 AM at a cafe in the Strovolos area. According to information from the Cyprus News Agency (CNA), the police’s initial examinations revealed that the side … Read more

Limassol tavern bombed

Limassol tavern bombed

A tavern in Limassol was bombed in the early hours of Monday. The owners claim to have no disputes with anyone and are cooperating with the police investigation. Evidence has been collected from the crime scene and surveillance footage is being sought. This is the second time the tavern has been targeted in two years. The explosion caused minor damage with a low-power incendiary device placed at the entrance.

On This Day: Asia’s first World Cup starts with France playing first-timers Senegal

On This Day: Asia’s first World Cup starts with France playing first-timers Senegal

On May 31, major events included the signing of the Treaty of Vereeniging in 1902, which ended the Boer War in South Africa. In 2008, Usain Bolt set a new world record in the men’s 100 meters race in New York.

School bomb threat email sent from Swiss service provider

School bomb threat email sent from Swiss service provider

The threatening email sent to schools in Cyprus on May 17 appears to have been sent using services from a Swiss company, as indicated by the response provided by Russian authorities to Cypriot authorities.

Tatar knocking on doors in Brussels

Tatar knocking on doors in Brussels

Ersin Tatar, the representative of occupying Turkey, is seeking “equal international status” with a European stamp for the breakaway regime in Cyprus. He wants meetings and visits abroad to be at the same level as those of President Christodoulides, aiming for full equality with the Republic of Cyprus. Despite efforts mainly in Brussels, Tatar has not been successful in getting the desired level of recognition. However, the Turkish side is finding more support in Turkish-speaking countries like Azerbaijan. The policy of recognizing two states in Cyprus is causing tension, with Ankara potentially resorting to blackmail if faced with an impasse. Turkey is not expected to make any moves before July and will likely wait until after the completion of the UN Special envoy’s mission.

Drug squad followed largest-ever arms cache suspects for hours

Drug squad followed largest-ever arms cache suspects for hours

Two men, aged 46 and 35, were arrested and remanded for eight days after the largest cache of weapons and explosives ever found in Cyprus was discovered at a cemetery in Oroklini.

Remands after , ‘largest ever’ weapons cache found (updated)

Remands after , ‘largest ever’ weapons cache found (updated)

Two men, aged 46 and 35, were remanded in custody after the largest cache of weapons and explosives ever found in Cyprus was discovered in an Oroklini cemetery. The weapons included a rocket launcher, improvised explosive devices, and firearms. Police are investigating the origin and intended purposes of the arms, and have ruled out a terrorist attack. The 46-year-old man was seen taking a bag containing weapons from a grave, while the 35-year-old was also seen removing items from the same grave. The investigation includes examining CCTV footage, monitoring National Guard camps, and further examining the explosives found.

On This Day: FIFA was established in 1904

On This Day: FIFA was established in 1904

On May 21, major events included the establishment of FIFA in 1904, Charles Lindbergh becoming the first pilot to fly solo across the Atlantic in 1927, and Amelia Earhart becoming the first woman to do the same in 1932. Sirhan B. Sirhan was sentenced to death for the murder of Robert Kennedy in 1969, later commuted to life imprisonment. In 1972, Michaelangelo’s Pieta statue was smashed in Rome, and in 1989, one million people in Hong Kong demonstrated in support of rebellious students in Beijing. Rajiv Gandhi was killed by a bomb in 1991, and in 1996, a Tanzanian ferry capsized on Lake Victoria. An earthquake in Algeria in 2003 killed thousands, while in 2004, Chris Cairns set a world record for test match sixes. The Republic of Montenegro held a referendum for independence from Serbia and Montenegro in 2006.