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THE BIGGEST AUCTION OF PRINCESS DIANA'S ITEMS IN ALMOST 30 YEARS WILL BE HELD IN THE USA

THE BIGGEST AUCTION OF PRINCESS DIANA’S ITEMS IN ALMOST 30 YEARS WILL BE HELD IN THE USA

The largest auction of Princess Diana's belongings in almost 30 years will be held in New York. Auction house Julien's Auction has prepared more than 150 lots, including personal and work items of Diana and other members of the royal family. In the meantime, the collection can be seen at the Carlyle Hotel in New York. The head of the auction house says that this auction will be historic. The main...

CHINESE ELECTRIC CARS WILL BE SELLED IN EUROPE

CHINESE ELECTRIC CARS WILL BE SELLED IN EUROPE

Chinese electric cars Leapmotor will soon begin selling in Europe. The Hangzhou-based company has created a joint venture with the Dutch automobile corporation Stellantis. It will produce and sell electric cars outside of China. Stellantis announced a strategic partnership with Leapmotor last October. It invested 1.5 billion euros to purchase a 21% stake in the Chinese company. Now the European...

MICHAEL SCHUMACHER: EIGHT HOURS AT AUCTION

MICHAEL SCHUMACHER: EIGHT HOURS AT AUCTION

Eight unique watches of Formula 1 legend Michael Schumacher will be put up for auction at Christie’s auction house. These include two personalized watches. One watch was given to Schumacher when he became world champion for the sixth time. The second ones were created in honor of his seventh victory in the tournament. The sports director of the Ferrari team, Jean Todt, ordered a watch for the racing...

EU LEADERS DISCUSS CAPITAL MARKETS UNION

EU LEADERS DISCUSS CAPITAL MARKETS UNION

European Union leaders have agreed to reforms in nine areas to revitalize the bloc's economy and help it catch up with the United States and China in the global technology race. However, there are still disagreements about the source of the money needed to implement the plan. "Every year, 300 billion euros of European savings go abroad, mainly to the United States. This is money that is not enough for...

NEW BANKNOTES WITH AN IMAGE OF CHARLES III

NEW BANKNOTES WITH AN IMAGE OF CHARLES III

New banknotes featuring the image of the British King Charles III were presented at an exhibition at the Bank of England Museum in London. These are four banknotes in denominations of £5, £10, £20 and £50. They will go into circulation on June 5 this year. The reverse features portraits of former Prime Minister Winston Churchill, writer Jane Austen, artist William Turner and mathematician Alan...

NEW MINIMUM WAGE IN NORTH CYPRUS

NEW MINIMUM WAGE IN NORTH CYPRUS

The Commission for Determining the Minimum Wage has determined the first salary of 2024 in Northern Cyprus. The new minimum wage in the TRNC was set at 24 thousand Turkish lira net. TRNC Minister of Labor and Social Protection Sadik Guardiyanoglu said that the minimum wage, which will be in force from January 1, 2024 in Northern Cyprus, was determined unanimously at the second meeting. Stating...

BYD IS TRYING TO ADVANCE TESLA

BYD IS TRYING TO ADVANCE TESLA

The Chinese company BYD has become a serious competitor to Tesla. In the fourth quarter of 2023, the Chinese manufacturer sold more than 520 thousand electric vehicles, and the Texas company Tesla sold 480 thousand. BYD aims to conquer the global electric vehicle market. Two years ago I started selling them in Europe. In terms of annual indicators, Tesla is still ahead. It sold just over 1.8 million...

HISTORIC MINIMUM WAGE GROWTH

HISTORIC MINIMUM WAGE GROWTH

The Commission for Determining the Minimum Wage continues its meetings to determine the first minimum wage in 2024. Finance Minister Ozdemir Berova said they estimate the cost of living increase to be in the range of 40%. Minister of Labor and Social Security Sadik Gardiyanoglu said: “The minimum wage will be within the subsistence level.” According to the statements in question, if the projected...

TESLA RECALLS 2 MILLION VEHICLES: IS AUTOPILOT IN QUESTION?

TESLA RECALLS 2 MILLION VEHICLES: IS AUTOPILOT IN QUESTION?

Tesla is recalling nearly all 2 million of its vehicles in the United States after about 1,000 crashes that U.S. regulators say, after a nearly two-year investigation, are linked to Tesla's use of Autopilot. The National Highway Traffic Safety Administration (NHTSA) said the Autopilot system gives drivers a false sense of security, while Tesla's technical features do not yet always prevent dangerous...

business loans in northern cyprus

Business loans in Northern Cyprus during the crisis

Loans to businesses in Northern Cyprus during the crisis as a support. Explanations of Prime Minister Ersin Tatar. Prime Minister Ersin Tatars explained that “for enterprises that have suffered from the outbreak of coronavirus, with the support of the Credit Guarantee Fund, a loan package of one billion Turkish liras has been allocated to issue 12 monthly loans with a low interest rate.” Ersin...

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