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Cyprus Advances In U.S. Visa Waiver Program Effort

Cyprus is making significant progress in its bid to join the U.S. Visa Waiver Program (VWP), a move that would enable Cypriot citizens to travel to the United States without a visa for stays of up to 90 days. Government officials have expressed optimism, noting that the country is on a “very good path” towards meeting the program’s requirements. This development is part of Cyprus’s broader strategy to strengthen bilateral relations with the U.S., enhancing opportunities for travel, business, and cultural exchange.

The VWP is a significant initiative that allows citizens of participating countries to travel to the United States for tourism or business without needing to obtain a visa. For Cyprus, joining this program would mark a milestone in its diplomatic and economic relations with the U.S. The process involves meeting strict criteria, including maintaining high-security standards, effective counterterrorism measures, and low visa refusal rates.

Cyprus’s government has been actively working on fulfilling these requirements, and recent discussions with U.S. officials have reportedly been positive. The optimism surrounding Cyprus’s application is fueled by the country’s ongoing efforts to align with the necessary legal and security standards required by the VWP. These include enhancing border security, implementing advanced traveler information systems, and ensuring robust law enforcement cooperation with the U.S.

The potential inclusion of Cyprus in the VWP is expected to have several benefits, particularly in boosting tourism and business travel between the two nations. It would make travel more accessible for Cypriots, fostering closer economic and cultural ties. Moreover, it could lead to increased U.S. investment in Cyprus, as easier travel could encourage more business ventures and partnerships.

Alphabet Exceeds Q1 Forecasts, Bolstering Investor Confidence

Alphabet, the parent company of Google and YouTube, surprised investors with a robust performance in the first quarter of 2025, propelling a 5% increase in share value during after-hours trading. As reported in their latest earnings report, the company achieved $90.23 billion in revenue, outpacing analyst predictions of $89.12 billion.

Key metrics that drew attention include their earnings per share, which hit $2.81 compared to the projected $2.01. Despite missing the mark on YouTube ad revenue and Google Cloud, Alphabet’s overall growth seemed unstoppable, showing a 12% year-over-year increase.

The strategic focus remains on navigating competitive pressures from AI technologies, assisted by tools like AI Overviews, now engaging 1.5 billion users monthly. Philipp Schindler, Google’s business chief, acknowledged upcoming challenges, such as the impacts of tariff changes.

Meanwhile, Alphabet’s acquisition strategy continues to stir interest, with the $32 billion purchase of cloud security startup Wiz expected to further strengthen their cloud security services. The competitive push in AI and cloud domains signals a robust trajectory for Alphabet, promising exciting developments ahead for investors and tech enthusiasts alike.

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