A recent report by the Thomson Reuters Institute illustrates how corporate tax departments are preparing to mitigate the obstacles brought by Brazil’s recent tax reform plan and ensure a seamless transition for their organizations The tax system in Brazil has been complex and challenging for businesses and individuals alike. So, to address this issue, the … Read more
Tillis’ comments are the latest sign that, if elected, Trump could face obstacles in pushing through another corporate rate cut, one of the signature economic achievements of his first term.Most of the Republican senators approached by Semafor didn’t want to endorse lowering that rate to 15%, given the scale of the task before them next … Read more
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
Fact: Construction of two new desalination plants in Limassol and Famagusta is under review due to prevailing drought conditions and water shortage fears.
The International Monetary Fund praised Cyprus for its strong economic performance, commending the country for its substantial primary surpluses, efforts to reduce public debt, quick recovery from the pandemic, and resilience in dealing with external shocks. The IMF recommended measures to further strengthen the economy, including phasing out electricity subsidies and VAT exemptions, and advised against further cost-of-living adjustments to wages. Other recommendations included reforms to the justice system, labor markets, and vigilance regarding systemic risks in the real estate market.
Stacy Gilbert, a U.S. State Department official, resigned in protest after a report to Congress falsely claimed that Israel was not blocking humanitarian aid to Gaza. Gilbert, who worked in the Bureau of Population, Refugees, and Migration, stated that the report’s conclusions were incorrect. The report was submitted in accordance with a new National Security Memorandum issued by President Joe Biden. Gilbert’s resignation came after she disagreed with the final version of the report, which she believed did not accurately reflect the situation in Gaza.
Gender Equality Commissioner Josie Christodoulou emphasized that gender equality is not a problem to be solved but rather the solution to existing inequality. She stated that empowering women strengthens both society and the economy, and highlighted that women face similar obstacles worldwide such as discrimination, sexism, violence, and inequalities. Christodoulou also mentioned that addressing gender equality is a horizontal priority for the Christodoulides government, and that integrating the gender dimension in public policies is crucial for promoting gender equality.
Sofia Asvesta has officially secured her place in the upcoming 2024 Paris Olympics.
Cyprus’ president is working tirelessly to overcome the obstacles posed by the Turkish side and create conditions for the resumption of talks to find a solution to the Cyprus problem. The current state of affairs is not an option for the Greek Cypriot side.