For years we’ve been hearing that when President Donald Trump cut corporate taxes in 2017, corporations pissed away their tax savings on stock buybacks. Trump himself, in one of his rare episodes of truthfulness, admitted it. But that turns out not to be quite right. According to a new report by the public interest nonprofit … Read more
Cabinet on Wednesday decided to revoke the Cypriot citizenship of Malaysian-born Jho Low, an internationally wanted fugitive.Though the decision was taken last year, Low filed an appeal prompting an independent committee to re-examine the case. Government sources told the Cyprus Mail the committee decided to reject the appeal, prompting the interior minister to put the … Read more
New Caledonia’s international airport will remain closed until at least next Sunday due to riots over a contested electoral reform, which have resulted in seven deaths. French President Macron visited the island to ease tensions and has paused the reform, but has not fully met pro-independence parties’ demands. Macron stated that he will not make decisions under pressure from violence and could call a special congress or referendum if a deal is not reached. The protesters fear the reform would dilute the votes of indigenous Kanaks, who make up 40% of the population.
Fact: A thousand police arrived in New Caledonia from France to help control the riots and unrest on the Pacific island.
Starting this academic year, schools across Cyprus will commemorate May 19 every year to pay respects to victims of the Pontian Greek genocide. The government has recognized the Pontian Genocide and condemned genocides and ethnic cleansing. The education ministry has officially informed schools about the genocide and May 19 will be established as an official day of honor for the victims. The government has also supported the Pontians in acquiring a building for cultural preservation.
France mobilized over 600 police officers to clear barricades on the main road linking the airport to New Caledonia’s capital Noumea. The unrest was sparked by anger among indigenous Kanak people over a constitutional amendment that could dilute their vote in provincial elections. Six people have died, and the airport has been closed, leaving thousands stranded.
Fact: Armed forces were protecting New Caledonia’s two airports and port after a third night of violent riots that have killed four people.
A shortage of banknotes in Gaza is causing chaos, with only a few ATMs operational in the southern city of Rafah. Residents are facing long waits and sometimes paying fees to access cash, as armed gangs exploit the situation. The conflict has led to a lack of liquidity in the enclave, with hundreds of millions of shekels stuck in bank vaults. Essential goods remain scarce, and some merchants are profiteering from the shortage by charging high commissions. Gaza’s economy relies heavily on Israel, which has blocked cash imports since the start of the war.
Leandro Rivera discovered a cave in Peru’s Nazca region containing pre-Hispanic artifacts, including human bodies with elongated heads and three fingers on each hand. Rivera was convicted of assault on public monuments for excavating the artifacts, which ended up in Mexico and sparked debates on UFOs. Peru is struggling to control the trafficking of archaeological items, which have become popular on the online black market during the COVID-19 pandemic. Despite efforts to repatriate stolen artifacts, demands from private collectors in the US and Europe persist. Authorities in Peru face challenges in preventing looted items from leaving the country and repatriating smuggled remains.