Opinion Is Kamalanomics a winning strategy?

You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more

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

Larnaca, ’s great unknown potential

Larnaca, ’s great unknown potential

It is noticeable how city centres can change from one day to another, so to speak.  Larnaca, the “poor” relative of all towns, partly due to its unfortunate vocal pressure groups and some municipal corruption in the past, has been left behind in its development. The very recent upgrade of the original town with numerous … Read more

Opinion: Canada has 99 problems but a high tax regime ain’t one

Opinion: Canada has 99 problems but a high tax regime ain’t one

Open this photo in gallery:A Canada Revenue Agency sign in Ottawa on March 1, 2021.Justin Tang/The Canadian Press Claude Lavoie is a contributing columnist for The Globe and Mail. He was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023.A majority of people are tired with the Liberal … Read more

BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD launched the fifth generation of its plug-in hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km on depleted batteries.

Keeping up with Crypto: 3 major currencies to watch out for in 2024

Keeping up with Crypto: 3 major currencies to watch out for in 2024

Bitcoin (BTC) is considered the pioneer of all digital currencies, with its use beginning in 2009.

EUR shows strength amid ECB rate cut uncertainty

EUR shows strength amid ECB rate cut uncertainty

The EURUSD pair is holding near 1.0900 in European trading due to investors’ higher risk appetite. The European Central Bank is expected to start reducing interest rates from the June meeting, but policymakers are divided over a rate-cut move in July. The focus will shift to the Eurozone and U.S. preliminary Purchasing Managers Index data for May. Fed policymakers are expected to maintain a hawkish stance on interest rates despite a decline in price pressures. New York Fed Bank President John Williams believes the monetary policy is in a good place and sees no need for changes at the moment.

Here’s what the economy could look like with a Biden or Trump presidency

Here's what the economy could look like with a Biden or Trump presidency

The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.

Rising food costs leave hungry Americans $33 billion behind, report says

Rising food costs leave hungry Americans $33 billion behind, report says

Hungry people in the U.S. faced a .1 billion shortfall in funds for basic food needs in 2022, with nearly half of them not qualifying for aid. This was the highest shortfall in 20 years due to higher food prices. Hunger rose in 2022 amid high food price inflation and the end of federal financial support and expanded food aid programs during the COVID-19 pandemic. Nearly half of food-insecure people may not qualify for the Supplemental Nutrition Assistance Program. Congress has expanded funding for a key nutrition program serving mothers and young children to address the issue.

Not a word for those who don’t cross for food or shopping?

Not a word for those who don’t cross for food or shopping?

The European Commission marked the 20th anniversary of the Regulation for trade through the Green Line, which began in 2003. The author of the column finds the Commission’s reference to Greek and Turkish Cypriots crossing the Green Line for shopping and cultural visits insulting. The author emphasizes that the experience of crossing to the occupied territories is a profound and emotional one, far beyond just shopping or tourism. The European Commission’s lack of understanding and acknowledgment of the emotional significance of this event is criticized.