Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

POWER HUNGRY | Second in a Seattle Times and ProPublica series about the impact of data centers in Washington. This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Times Watchdog stories dig deep to hold power accountable, right wrongs and create change. This work is made possible by The … Read more

Will Labour win lift UK stocks?

Will Labour win lift UK stocks?

UK equities’ support following a Labour victory driven by a temporary boost from easing political uncertainty will be limited as the expectation has already been widely priced-in by the markets. Also, for the UK’s stocks to secure robust growth and regain ground against their global peers, three critical factors must align, said the CEO of … Read more

Budget 2024 may see tax cuts for middle-class, new bracket and cash boost for small farmers

Budget 2024 may see tax cuts for middle-class, new bracket and cash boost for small farmers

Finance Minister Nirmala Sitharaman is reportedly mulling significant relief for India’s lower-income earners with tax cuts for the first time in seven years. The tax cuts are believed to be part of a consumption-boosting package worth nearly $6 billion in the upcoming Budget, a Bloomberg report has claimed. Related Articles The move will reportedly benefit … Read more

Legal issue affects continued employment for Larnaca port workers

Legal issue affects continued employment for Larnaca port workers

A legal dispute has arisen regarding the future of workers at Larnaca Port and Marina after a development project collapsed. The contracting company, Kition Ocean Holdings, transferred the workers to the state instead of sending termination letters. Trade unions argue that proper termination letters are needed for the workers to be reassigned to the Development Company. The company claims they followed the TUPE law to protect the workers’ rights during the transfer. The workers met with the Mayor to express their concerns, and further discussions are scheduled.

Larnaca port and marina in flux as state replaces Kition

Larnaca port and marina in flux as state replaces Kition

Larnaca’s port and marina are now under state control following the collapse of a major development project. The Port Authority has taken over operations, deploying additional staff and private machinery services. The future management of the marina is uncertain, with discussions on potentially separating the port and marina projects gaining traction. The fate of Kition Ocean Holdings’ employees remains unclear, with trade unions advocating for their rights. The government is re-evaluating the initial development plan and considering future steps for the projects.

Larnaca port workers handed termination letters

Larnaca port workers handed termination letters

Employees of Larnaca’s port and marina received termination letters from Kition Ocean Holdings Ltd following the project’s collapse. The meeting between the workers’ representatives and the Ministers of Labour and Transport was postponed until Thursday afternoon. The workers were assured that a solution would be found to ensure they are not victimized, and discussions were held regarding their employment status. The new operator taking over the port’s operations should employ the current workers under the same terms and conditions. The President of the Republic reassured that there should be no concern for the workers regarding the port issue. The €1.2 billion contract with Kition Ocean Holdings was terminated by the Minister of Transport, Communications, and Works.

Larnaca port workers anxious after marina project collapse

Larnaca port workers anxious after marina project collapse

The government terminated its contract with Kition Ocean Holdings, causing concern among employees about their future. Trade unions met with the Minister of Labour to ensure workers’ continued employment would be prioritized. The government plans to follow labor laws in handling the situation. The Municipality of Larnaca expressed solidarity with the employees, while PEO opposes the privatization of Larnaca Port and demands protection for Kition workers. The General Secretary of OMEPEGIE-SEK stated that the Minister of Labour assured them that the workers would be employed under a new regime to prevent victimization.

Workers awaiting developments at Larnaca port

Workers awaiting developments at Larnaca port

Workers at the Larnaca port are awaiting developments after the government terminated its contract with Kition Ocean Holdings for the port’s renovation. Trade union leaders are hoping that the current port workers will continue to be employed and that the port will remain open under state management.

Stalemate continues over Turkish Cypriot farmers, ’ protest

Stalemate continues over Turkish Cypriot farmers, ’ protest

– A sixth consecutive working day of protests took place between the north’s ‘government’ and Turkish Cypriot farmers over a decision to import meat from the Netherlands.
– A larger number of trade unions from other sectors of Turkish Cypriot society joined the farmers’ unions in solidarity.
– The ‘government’ offered to meet with union representatives at the north’s ‘parliament’ building instead of in the ‘prime minister’s’ office, which was rejected by the protesters.
– The ‘government’ had announced a decision to import meat from the Netherlands to bring down prices for consumers, but farmers believe they are being undercut by the Dutch meat. ‘Ministers’ have consistently insisted that there will be “no stepping back” from the policy.

Government to start offering professional training programmes in Turkish

Government to start offering professional training programmes in Turkish

Representatives from social partner organizations met at the Productivity Centre to discuss attracting Turkish Cypriots to training programs under the European Year of Skills initiative. The government announced measures to improve job prospects for Turkish Cypriots, including access to training programs. KEPA clarified that initial programs would be held in Turkish at the House of Cooperation. The goal is to reach 1,000 participants in EU co-funded training, with eligibility for all Turkish Cypriot identity card holders. Programs will cover topics like environmental sustainability, digital skills, customer service excellence, and occupational health and safety. The government announced 14 measures to benefit Turkish Cypriots, including participation in training programs and EU acquis seminars. KEPA will provide further communication to stakeholders, with programs expected to start in late May or early June and run until the end of the year.