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Jimmy Carter, Former 39th US President, Dies At 100

Jimmy Carter, the 39th President of the United States, passed away at the age of 100, confirmed The Carter Center.

The former peanut farmer and Georgia governor had the longest life span of any US president, celebrating his centennial birthday in October. The Carter Center, which he founded to promote democracy and human rights globally, announced that he died on Sunday afternoon at his home in Plains, Georgia.

Carter served as president from 1977 to 1981, a tenure marked by economic challenges and diplomatic crises. After leaving office with low approval ratings, his reputation grew through extensive humanitarian work, culminating in a Nobel Peace Prize.

“My father was a hero, not only to me but to everyone who believes in peace, human rights, and unselfish love,” said his son, Chip Carter, in a statement. “The world is our family because of the way he brought people together.”

Carter is survived by his four children, 11 grandchildren, and 14 great-grandchildren. His wife, Rosalynn, who was married to him for 77 years, passed away in November 2023.

Carter, who became the oldest living former US president after George H.W. Bush died in 2018, ceased medical treatment for an undisclosed illness last year and entered hospice care at home.

President Joe Biden and First Lady Jill Biden praised Carter as an extraordinary leader and humanitarian, highlighting his principles, faith, and humility. “He showed that we are a great nation because we are a good people – decent, honorable, courageous, compassionate, humble, and strong,” they said.

Donald Trump, the 45th President of the US, also reflected on Carter’s presidency, acknowledging his dedication to improving American lives and expressing gratitude for his service.

Carter’s presidency was marked by challenges like the Iran hostage crisis, but also by a diplomatic triumph with the Camp David Accords between Egypt and Israel in 1978. Despite his achievements, Carter faced a resounding defeat in the 1980 election to Ronald Reagan, with just six states and Washington D.C. supporting his re-election bid.

Over time, Carter’s post-presidency humanitarian efforts and simple lifestyle reshaped his legacy. Rejecting the lucrative opportunities offered to former presidents, he focused on global issues of inequality and disease, co-founding The Elders with Nelson Mandela to promote peace and human rights.

In 2002, Carter became the third US president to receive the Nobel Peace Prize, stressing the widening gap between the rich and poor as a pressing global concern.

Carter’s commitment to service was echoed by former presidents, including Bill and Hillary Clinton, Barack Obama, and George W. Bush, who praised his humanitarian and diplomatic efforts.

President Biden announced that a state funeral will be held in Washington, D.C., to honor Carter’s life and legacy.

Foreign Firms Contribute €3.5 Billion To Cyprus Economy In 2023

Recent Eurostat data reveals that Cyprus remains an outlier within the European Union, where foreign-controlled companies contribute minimally to the nation’s employment figures and economic output. While these enterprises have a substantial impact in other member states, in Cyprus they account for only 10 percent of all jobs, a figure comparable only to Italy and marginally higher than Greece’s 8 percent.

Employment Impact

The report highlights that foreign-controlled companies in Cyprus employ 32,119 individuals out of a total workforce that, across the EU, reaches 24,145,727. In contrast, countries such as Luxembourg boast a 45 percent job share in foreign-controlled firms, with Slovakia and the Czech Republic following closely at 28 percent.

Economic Output Analysis

In terms of economic contribution, these enterprises generated a total value added of €3.5 billion in Cyprus, a small fraction compared to the overall EU total of €2.39 trillion. Notably, Ireland leads with 71 percent of its value added stemming from foreign-controlled firms, followed by Luxembourg at 61 percent and Slovakia at 50 percent. On the lower end, France, Italy, Greece, and Germany exhibit values below 20 percent.

Domestic Versus Foreign Ownership

The data underscores Cyprus’s heavy reliance on domestically controlled enterprises for both employment and economic output. However, it is important to note that certain businesses might be owned by foreign nationals who have established companies under Cypriot jurisdiction. As a result, these firms are classified as domestically controlled despite having foreign ownership or management components.

Conclusion

This analysis emphasizes the unique role that foreign-controlled enterprises play within the Cypriot economy. While their overall impact is limited compared to some EU counterparts, the presence of these companies continues to contribute significantly to the island’s economic landscape.

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