Breaking news

Cyprus To Launch Green Taxation In May 

Cyprus is set to introduce its long-anticipated green tax system in May 2025, as the government moves into the final stages of preparation, Finance Minister Makis Keravnos confirmed on Tuesday.

Speaking at the Association of Cyprus Tourist Enterprises (ACTE) General Assembly, Keravnos reiterated that the implementation stems from prior commitments, making the reform unavoidable. While the framework is largely in place, the final adjustments to compensatory measures are still being fine-tuned. The government plans to unveil both the tax scheme and its accompanying relief measures simultaneously.

The upcoming fiscal overhaul will be formally presented on February 26, outlining key elements of Cyprus’ green transition strategy. Once announced, the reforms will move into their implementation phase, marking a significant step toward aligning the country’s economic policies with environmental sustainability goals.

Discovery of a New Dwarf Planet: Is Our Solar System Expanding?

A New Celestial Revelation: Meet 2017 OF201

In a groundbreaking astronomical discovery, researchers have identified a celestial body likely to be a dwarf planet far beyond Pluto. This thrilling discovery was made by astronomers from the Institute for Advanced Study in Princeton, New Jersey. Dubbed 2017 OF201, this object is located over twice the distance of Pluto from the Sun, marking it as one of the farthest known bodies in our solar system observable through optical telescopes.

Key Insights

  • The object is approximately 700 kilometers in diameter, smaller than Pluto’s 2377 kilometers, yet it stands to be the largest found in the outer solar system in over a decade if verified by radio telescopes.
  • Classified as an extreme trans-Neptunian object, 2017 OF201 joins the ranks of other icy bodies circling the Sun beyond Neptune’s orbit. This region is now known to host other giants such as Eris, Haumea, Makemake, and Gonggong.
  • Identified in a series of 19 observations over seven years, involving instruments like the Dark Energy Camera in Chile and the Canada-France-Hawaii Telescope, this discovery sheds light on the unexplored corners of the solar system.

Why 2017 OF201 Stands Out

2017 OF201 boasts a unique orbit, with its aphelion over 1600 times the Earth’s distance from the Sun. Meanwhile, its perihelion is 44.5 times the Earth-Sun distance, parallel to Pluto’s path. Such an extensive orbit is evidence of a chaotic past, likely involving gravitational interactions with a giant planet.

Unveiling the Kuiper Belt: A New Frontier

Nestled within the Kuiper Belt, this object hints at the possibility of numerous similar celestial bodies lingering in this icy expanse, largely hidden due to immense distances. As telescope technology advances, the possibility of unveiling more about our solar system’s outermost fringes grows ever more achievable.

Uri Levine Course vertical
The Future Forbes Realty Global Properties
SWC Finals V

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter