Traders push markets higher, US inflation may set trading tone

Traders push markets higher, US inflation may set trading tone

By Naeem Aslam Traders are ready to bag some bargains, while others continue to believe that the current bounce back in the markets may be nothing more than a dead cat bounce, as a result of which, caution is need. European and US markets are very much moving forward, leaving behind all of the concerns … Read more

Tax defaults in India skyrocket by 1000% over last 10 years, litigations double: Report

Tax defaults in India skyrocket by 1000% over last 10 years, litigations double: Report

ByHT News Desk Aug 04, 2024 07:56 PM IST Share Via Copy Link Corporate taxes formed a large bulk of the defaults, adding up to ₹3.97 lakh crore and capital gains tax and transfer pricing defaults was ₹4.81 lakh crore. Tax defaults in India have skyrocketed by 1000% in the last ten years and litigation … Read more

Futures trade flat, crypto confused, gold faces sell-off

Futures trade flat, crypto confused, gold faces sell-off

By Naeem Aslam   European and US futures are trading close to the flatline, as investors continue to argue that the current rally has taken the price action too high and too fast. If you look at the major stock indices, such as the S&P500 or the Nasdaq 100, you will see that these majors have … Read more

DC dispatch: senators and witnesses quarrel over tax reform in Budget Committee hearing – does Wall Street pay its fair share?

DC dispatch: senators and witnesses quarrel over tax reform in Budget Committee hearing – does Wall Street pay its fair share?

Sharon Basch is a rising 3L at the University of Pittsburgh School of Law and a JURIST staff correspondent in Washington DC this summer. Wednesday morning I attended a US Senate Budget Committee hearing entitled “Making Wall Street Pay its Fair Share: Raising Revenue, Strengthening Our Economy.” The hearing was called to discuss tax policy and … Read more

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

Hunter Biden’s sister-in-law testified at his criminal trial on Thursday that she took and threw away his gun out of fear of his spiraling addiction, potentially bolstering prosecutors’ case that President Joe Biden’s son broke a law barring illegal drug users from owning firearms.Jurors in the first criminal trial of a U.S. president’s son saw surveillance camera … Read more

Three nights of jazz music, and more

Three nights of jazz music, and more

Limassol is hosting the Summer Jazz Project and More at LOEL Winery from June 14 to 16, featuring two bands each night with music from Latin America, the USA, France, Brazil, and beyond. The event will showcase genres like Swing Jazz, dance tunes from the 70s, 80s, 90s, and 00s, as well as tributes to Antônio Carlos Jobim and classic French and American jazz. The event aims to support Cypriot musicians and music.

Limassol men beaten after honking at stopped car

Limassol men beaten after honking at stopped car

Limassol police are investigating an assault on four 29-year-old men in Germasogeia early on Sunday. The victims were leaving a nightclub when their car was allegedly attacked by the occupants of another vehicle after honking their horn. Three of the men required surgery for injuries sustained in the assault, with two sustaining fractures. The investigation is ongoing, with efforts being made to secure witness testimonies and review CCTV footage. The suspects are described as young men in their 30s with beards, speaking Greek, and driving a dark-colored Mazda vehicle.

Hunter,  Biden criminal trial jury told ‘no one is above the law’

Hunter,  Biden criminal trial jury told ‘no one is above the law’

Hunter Biden’s criminal trial on gun charges began with a government lawyer stating that he was being prosecuted for lying on a form to purchase a handgun and not above the law. Hunter Biden pleaded not guilty to three felony charges related to failing to disclose his drug use when purchasing a gun. The trial is taking place in Wilmington, Delaware, and Hunter Biden’s attorney argued that the gun was never used and was disposed of shortly after purchase. Hunter Biden has publicly discussed his drug addiction, and FBI agent Erika Jensen is expected to testify about his messages discussing drug use. If convicted on all charges, Hunter Biden faces up to 25 years in prison.

Terrorism court case at critical point

Terrorism court case at critical point

The complex terrorism case involving 41-year-old Orkhan Asadov, accused of recruiting and organizing criminal activities against Israelis in Nicosia, reached a critical point. The trial within a trial process concluded with final arguments from both sides, and the judicial panel reserved its decision for July 5. The defense attorneys argued that the Police accessed the defendants’ mobile phones unlawfully, while the prosecuting authority defended the legality of the procedures. The case began after Asadov’s arrest in September 2021, and he denies charges related to terrorism, conspiracy to commit murder, and money laundering.

Ombudswoman, ’s investigation on Bangladeshi man’s death ‘on hold’

Ombudswoman, ’s investigation on Bangladeshi man’s death ‘on hold’

Anisur Rahman, a 24-year-old Bangladeshi national, died on April 10 after jumping off a fifth-floor balcony during a police raid on the Limassol apartment he was living in with 10 other individuals. The ombudswoman’s independent investigation into his death has been put on hold as the police file was denied to her and is being investigated by an independent authority following a complaint by Kisa NGO. The other individuals found living in Cyprus illegally are detained for possible witness testimony. The landlord of the apartment where Rahman lived has not been found at fault and other tenants continue to live there. Rahman’s death sparked protests in Limassol and Nicosia against racism faced by third-country nationals in Cyprus.