Cyprus supports US-Egypt-Qatar effort to diffuse Gaza crisis

Cyprus supports US-Egypt-Qatar effort to diffuse Gaza crisis

Cyprus fully supports the joint effort by the United States, Egypt and Qatar to get both sides of the war in Gaza to meet next week and resume talks on a ceasefire and release of hostages. President Nikos Christodoulides stated on Friday that he, “fully endorses (the statement by) Presidents Joe Biden, Abdel Fattah el-Sisi … Read more

‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

MILWAUKEE — Former president Donald Trump is trying to present a more worker-friendly vision of the Republican Party at this week’s convention, but he has continued to make clear in private that he views himself as the best choice for billionaires and big business, according to donors who have attended fundraising events.Even as Trump leans … Read more

Russia increases income taxes for the wealthy to help fund Ukraine offensive

Russia increases income taxes for the wealthy to help fund Ukraine offensive

Russian President Vladimir Putin on Friday signed a bill that raises income taxes for the rich, part of efforts to help fill government coffers depleted by the war in Ukraine. The tax hikes were being presented domestically as “systemic reforms”.  Issued on: 12/07/2024 – 18:12 2 min Advertising Read more Russian President Vladimir Putin on … Read more

Israeli forces strap wounded Palestinian to jeep during raid, Reuters confirms

 Israeli army forces strapped a wounded Palestinian man to the hood of a military jeep during an arrest raid in the occupied West Bank city of Jenin on Saturday. A video circulating on social media and verified by Reuters showed a Palestinian resident of Jenin, Mujahed Azmi, on the jeep that passes through two ambulances. … Read more

From threat to opportunity

From threat to opportunity

The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group commands considerable influence in almost everything that happens in Lebanon, from politics to the economy and national defence. Apart from securing vast amounts … Read more

Why Israel must be supported

Why Israel must be supported

On the morning of October 7, 2023, I found myself reading the Economist when suddenly a message appeared on my phone. The Hamas terror attack in Israel was all over the news and I could hardly believe how such massive and despicable crime could have happened in our times, especially given Israel’s superior army, intelligence … Read more

DC dispatch: senators and witnesses quarrel over tax reform in Budget Committee hearing – does Wall Street pay its fair share?

DC dispatch: senators and witnesses quarrel over tax reform in Budget Committee hearing – does Wall Street pay its fair share?

Sharon Basch is a rising 3L at the University of Pittsburgh School of Law and a JURIST staff correspondent in Washington DC this summer. Wednesday morning I attended a US Senate Budget Committee hearing entitled “Making Wall Street Pay its Fair Share: Raising Revenue, Strengthening Our Economy.” The hearing was called to discuss tax policy and … Read more

Cyprus remains a prime investment destination

Cyprus remains a prime investment destination

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

How the IRS went soft on billionaires and corporate tax cheats – ICIJ

How the IRS went soft on billionaires and corporate tax cheats - ICIJ

Michael Welu worked at the IRS for decades as a specialist in helping agents identify and investigate possible tax crimes. In an agency known for offices working in their own silos, Welu had the rare ability to move between divisions, dissecting and learning each office’s particular customs and procedures. But that experience had its own … Read more

Aircraft carrying Malawi vice president and nine others goes missing

Aircraft carrying Malawi vice president and nine others goes missing

An aircraft carrying Malawi’s vice president, Saulos Klaus Chilima, and nine others has gone missing, the southern African nation’s presidency said on Monday.Chilima, 51, was aboard a military aircraft that left Lilongwe, the capital, at 09:17 a.m. (0717 GMT), Malawi’s Office of the President and Cabinet said. It said search and rescue operations were ongoing. “All efforts by aviation authorities to make contact with the … Read more