Tim Maloney | Special to the Canton RepositoryThese are bad times for small businesses.We’re getting hit from every angle — inflation, over-regulation, worker shortages, you name it. But the situation could soon get even worse.Congress and the White House may let one of the most important small business tax cuts in American history expire, hitting … 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
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
If you are a small employer, there is a tax credit that can put money in your pocket.The small business health care tax credit benefits employers that: Have fewer than 25 full-time equivalent employees Pay average wages of less than $50,000 a year per full-time equivalent (indexed annually for inflation beginning in 2014) For tax … Read more
By Charles EllinasJune 3 was World Bicycle Day, but in Cyprus, it went completely unnoticed. And for a good reason. Cypriots mostly use cars to go anywhere, even to shops down the road. In 2018, the United Nations General Assembly declared June 3 as World Bicycle Day to spread awareness about the benefits of cycling, … Read more
– British retail sales bounced back in May after a slump in April that could have been caused by the timing of Easter and bad weather.
– The Confederation of British Industry’s monthly retail sales balance recovered to +8 this month after tumbling to -44 in April.
– More retailers felt sales were normal for the time of year than at any other time in the past eight months.
– The CBI’s measure of selling price inflation was its slowest since August 2020 and was below its long-run average.
– The British Retail Consortium said its measure of shop prices showed the weakest increase in two-and-a-half years this month.
– Falling inflation and continuing real wage growth will contribute to a healthier consumer outlook, supporting the retail sector further.
Dimitris Andronikou, also known as “Dimitroui,” passed away at Nicosia General Hospital after being shot three times in an attempted attack. He had been in critical condition since the incident on April 23 in Anthoupoli. Andronikou was visiting friends detained as suspects in the arson of two betting shops in Nicosia when the attack occurred.
Temperatures in Pakistan’s southern province of Sindh rose above 52 degrees Celsius, the highest reading of the summer and close to the country’s record high.
The lack of political will for a substantial revision of the sustainable development plan for the Akamas is putting the region in danger, according to the Federation of Environmental Organisations (Opok). They are not satisfied with the government’s intentions and are calling for a correction of mistakes made to avoid unfavorable results for the environment, communities, visitors, and nature lovers. Opok also calls for a ban on hunting in the park and the encouragement of sustainable development in surrounding communities.
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.