Gold’s lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for bullion remains firmly in place, though $3,000 per ounce looks just out of reach, traders and industry experts said.Investors have flocked in droves towards the precious metal, driven by expectations for monetary … Read more
![Larnaca Port workers protest job uncertainty after Kition collapse [PHOTOS+VIDEO]](https://ch.jfdi.cc/wp-content/uploads/2024/05/larnaca-port-workers-protest-job-uncertainty-after-kition-collapse-photosvideo.jpg)
Disgruntled former employees of Kition Ocean Holdings protested outside Larnaca Port over job security concerns. The Larnaca Port Authority took over Kition’s central offices, changing signage to show operational control. The President of the House of Representatives is set to meet with affected workers to address their anxieties about their employment status.
South Korea accused North Korea of sending balloons across the border to drop trash and excrement, prompting a military response. Over 150 balloons were detected, with some landing on the ground. North Korea has threatened to send waste-paper in response to South Korean activists’ balloons carrying critical messages about Pyongyang. Previous attempts to ban balloon launches were ruled unconstitutional. Sending balloons is seen as a less risky tactic compared to military action, according to a research fellow at the Sejong Institute.
Ersin Tatar, the representative of occupying Turkey, is seeking “equal international status” with a European stamp for the breakaway regime in Cyprus. He wants meetings and visits abroad to be at the same level as those of President Christodoulides, aiming for full equality with the Republic of Cyprus. Despite efforts mainly in Brussels, Tatar has not been successful in getting the desired level of recognition. However, the Turkish side is finding more support in Turkish-speaking countries like Azerbaijan. The policy of recognizing two states in Cyprus is causing tension, with Ankara potentially resorting to blackmail if faced with an impasse. Turkey is not expected to make any moves before July and will likely wait until after the completion of the UN Special envoy’s mission.
Chinese Premier Li Qiang and Japanese Prime Minister Fumio Kishida arrived in Seoul for a trilateral summit with their South Korean counterpart, their first three-way talks in over four years.
The Soviet Union influenced Akel to reject a solution plan proposed by the US, UK, and Canada for the Cyprus problem in 1976. The Soviet Union did not want the Cyprus problem to be solved by a US initiative, as it would strengthen the US’s prestige in the region and maintain tension in Greece-Turkey relations.
Fact: The use of smartphones has transformed the way people relate to the world and others, leading to a decline in face-to-face conversations and an increase in communication mediated through screens.
Ayhan Mehmet, the representative of Turkish Cypriots in Limassol, clarified that recent vandalism at the Jedit Mosque was not religiously motivated but rather sports-related slogans. The graffiti also affected a nearby Turkish Cypriot cemetery, and Mehmet emphasized that the issue should not be politicized or exploited to create tensions. He refuted accusations of racism and xenophobia against the Greek Cypriot community, stating that similar slogans were found in other establishments in the area.
Eric E. Lenzen, a former partner at a major Milwaukee law firm, is agreeing to plead guilty to failing to pay taxes on about .4 million of income he received in 2016 and 2017. He may be heading to federal prison, and prosecutors are recommending a sentence of no more than 16 months. Lenzen also agreed to pay nearly million in restitution for taxes owed from 2016 to 2021. His law license is currently suspended for failing to take continuing legal education classes.
Israel’s Embassy to the Holy See protested against Yemeni Nobel Prize winner Tawakkol Karman for accusing Israel of “genocide” in Gaza during an event at the Vatican. Israeli embassy rejected the accusations as “lies” and criticized the anti-Semitic speech. The tension between the Vatican and Israel has increased since the war in Gaza, with Jewish groups accusing Pope Francis of not recognizing Israel’s actions as self-defense.