departure

IMF Pitches ‘Strengthening Corporate Taxes’ And ‘Supplemental’ Taxes To Fight Against Impact Of AI On Jobs And Inequality

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IMF Pitches 'Strengthening Corporate Taxes' And 'Supplemental' Taxes To Fight Against Impact Of AI On Jobs And Inequality

Loading…Loading…The International Monetary Fund (IMF) has raised a red flag on the potential of artificial intelligence (AI) to exacerbate inequality, urging governments to take measures to protect their economies.What Happened: The IMF expressed “profound concerns” about the possibility of significant labor disruptions and increased inequality as societies transition to generative AI, according to a report … Read more

Brexit champion Nigel Farage to stand in UK election

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Brexit champion Nigel Farage to stand in UK election

Nigel Farage announced that he will stand as a candidate in the upcoming election and lead the Reform Party, challenging Prime Minister Rishi Sunak’s governing Conservatives for right-leaning voter support.

How UK tax changes post-election could impact business compliance – The CFO

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How UK tax changes post-election could impact business compliance - The CFO

Fact: The Conservative party aims to maintain the current Corporation Tax rate at 25% and has no plans for increases this year irrespective of the election outcome.

Larnaca port and marina in flux as state replaces Kition

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Larnaca port and marina in flux as state replaces Kition

Larnaca’s port and marina are now under state control following the collapse of a major development project. The Port Authority has taken over operations, deploying additional staff and private machinery services. The future management of the marina is uncertain, with discussions on potentially separating the port and marina projects gaining traction. The fate of Kition Ocean Holdings’ employees remains unclear, with trade unions advocating for their rights. The government is re-evaluating the initial development plan and considering future steps for the projects.

Aircraft hit by severe turbulence returns to Singapore, local media reports

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Aircraft hit by severe turbulence returns to Singapore, local media reports

A passenger died during severe turbulence on a Singapore Airlines flight from London to Singapore. The aircraft returned to Singapore after making an emergency landing in Bangkok. At least 43 people remain hospitalized in Bangkok. The flight departed Bangkok and arrived in Singapore after receiving necessary approvals.

Mbappe,  glad to leave PSG on winning note

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Mbappe,  glad to leave PSG on winning note

Kylian Mbappe is leaving Paris St Germain after a seven-year stay, during which he became their all-time top scorer with 256 goals. He announced his departure at the end of the season. His last game for PSG was in the French Cup final, where they won 2-1 against Olympique Lyonnais. Mbappe has been linked with a move to Real Madrid but has not announced his next club yet. He plans to do so in due course after finishing his goodbyes with PSG.

Christodoulides to meet Emir of Qatar

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Christodoulides to meet Emir of Qatar

President Christodoulides will meet with the Emir of Qatar during his official visit to Cyprus on Tuesday, May 28th to discuss bilateral relations, regional developments like the Amalthea initiative, the Cyprus issue, and issues related to EU-Qatar relations.

TV shows we love: After Life

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TV shows we love: After Life

Fact: After Life is a TV show that follows the journey of a journalist named Tony as he grapples with the loss of his wife to cancer and learns to navigate grief, compassion, and human connection.

Real Madrid’s midfield maestro Kroos to retire after Euro 2024

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Real Madrid’s midfield maestro Kroos to retire after Euro 2024

Toni Kroos, 34, announced his retirement after the European Championship and confirmed that the Champions League final against Borussia Dortmund will be his last game for Real Madrid. Kroos joined Real Madrid in 2014 and has won over 20 trophies with the club, including four European Cups. He also won the 2014 World Cup with Germany and a Champions League title with Bayern Munich in 2013. Kroos expressed gratitude to the fans and Real Madrid in a statement on Instagram.

CPP admits inability to complete the terminal due to Cyprus’s demands

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CPP admits inability to complete the terminal due to Cyprus’s demands

CMC, a Chinese state-owned company, has accused ETYFA of making significant changes to their agreement to build the Vasilikos LNG pier project in Cyprus. The company claims that ETYFA demanded the construction of an LNG export facility instead of the originally agreed-upon LNG reception and regasification facility. This change has led to technical and cost issues, making the project unsustainable for CMC. Despite working hard to meet ETYFA’s new demands, CMC insists that they should be compensated for the extra labor and materials required.