Abstract This paper offers a comprehensive analysis of Spain’s corporate tax system through the lens of the Laffer curve and Buoyancy index, assessing its efficiency in generating revenue. The study finds that Spain is nearing the Laffer curve’s optimal tax rate, beyond which tax revenue may decrease with rate hikes. The Buoyancy index reveals a … Read more
Wealth Tax Impact: Details & Analysis | Tax Foundation Skip to content Colombia, Norway, Spain, and Switzerland. Countries have repealed their wealth taxes for a variety of reasons. They raise little revenue, create high administrative costs, and induce an outflow of wealthy individuals and their money. Many policymakers have also recognized that high taxes on … Read more
Secretary of State Anthony Blinken said the U.S.-Cyprus partnership is growing stronger, deeper and broader, and that Cyprus is “an important player in the region and a partnership for the United States that we deeply value.” A bilateral agreement was also signed bringing Cyprus closer to being included in the visa waiver programme for entry … Read more
The United Nations High Commissioner for Refugees (UNHCR) in an announcement expresses deep concern for the safety and well-being of approximately 31 asylum seekers, including seven children, who are trapped in the buffer zone (BZ) in Cyprus. It is noted that “Five of them entered the Pournara reception centre to apply for asylum after crossing … Read more
Just 39 miles on the clock, trashed cars remain in limbo Eight-year-old Dickran Ouzounian treasured visiting his father Stefan’s garage, located a few metres from the bustling Ledra street, to admire the latest Toyota cars.He was fascinated by the brand-new, gleaming Corollas, Coronas, Crowns and Celicas. Now, 50 years later, as the CEO of the … Read more
There are now no land mines left within the buffer zone, sources said on Saturday.Sources from the Cypriot government told the Cyprus News Agency (CNA) that the Greek Cypriot side considers that demining has now been completed, and that the only minefields of which they are aware are located inside the Republic. Those minefields, they … Read more
President Nikos Christodoulides has been briefed about the meeting of the UN secretary general with his personal envoy. The Turkish Minister of Defence, Yasar Guler, made a provocative statement regarding the Turkish troops’ “peace operation” in Cyprus. The Greek Cypriot side is steadfast in requesting the resumption of talks, despite indications that negotiations may not be positive. The UNSG will also meet with Greek Foreign Minister George Gerapetritis to convey specific messages on behalf of the Republic. Turkish Cypriot leader Ersin Tatar claimed that peace prevailed on the island in 1974 and that the Turkish Cypriots made significant gains. Turkish Cypriot MPs participated in discussions at the Parliamentary Assembly of the Council of Europe on the issue of Varosha, claiming that the 1984 UN Security Council resolution is outdated.
A new influx of arrivals will not be allowed by the government in response to mounting criticism over the handling of 27 migrants stranded in the buffer zone. The migrants, including women, children, and unaccompanied minors, are from Afghanistan, Iran, Sudan, and Cameroon. The government’s handling of the matter has been criticized for violating international law. The UNHCR has warned that the asylum seekers are living in tents and exposed to extreme weather without access to decent living conditions.
More than 500 Palestinians have been killed by Israeli security forces and Jewish settlers in the occupied West Bank since last year’s Israel-Hamas conflict. The United Nations human rights office condemned Israel’s use of force in the territory and the denial of medical aid. Israeli forces have cracked down in the West Bank, making thousands of arrests to prevent escalating violence. UN human rights monitors found violations of international law in the use of force by Israeli security forces, with some Palestinians killed not posing an imminent threat.
Cyprus is ready to provide humanitarian assistance to migrants stranded in the buffer zone, with the Red Cross already offering aid. The country has obligations under the EU’s Green Line Regulation and is cautious about becoming a new route for illegal immigrants. Fourteen migrants from Afghanistan, Sudan, Cameroon, and Iran are stranded near a university campus in Aglantzia. The UN Peacekeeping Force and UNHCR are working to assist them, as Cyprus has temporarily suspended asylum applications and increased patrols along the buffer zone. Additionally, asylum applications for Syrian nationals have been suspended due to human rights violations in Syria.