Breaking news

The Nobel week begins, the winners will receive 11 million Swedish kroner

Nobel week begins in Stockholm, during which the winners of the prestigious awards will be announced.

KEY FACTS

  • Traditionally, the Nobel Prize in Physiology or Medicine opens the announcement of the prestigious honors today. In the following days – on October 8 and 9, the laureates for physics and chemistry, respectively, will be announced.
  • The Nobel Prize for Literature will be announced on October 10.
  • The Nobel Peace Prize will be announced on Friday, October 11, in Oslo.
  • The economics award, which is not among the original awards, is on October 14.
  • The laureates will receive their awards at ceremonies in Stockholm and Oslo, traditionally held on December 10, the anniversary of Alfred Nobel’s death.

WHAT TO WATCH FOR

The distinction in each of the categories can be awarded to a maximum of three people. The award consists of a gold medal, a diploma and a cash prize, which this year has been increased by one million Swedish kroner and will amount to 11 million Swedish kroner (US$986,000).

KEY STORY

At the request of Alfred Nobel (1833 – 1896), the prizes he established were for the most important discoveries in the field of physics, chemistry, physiology or medicine, for remarkable literary achievements, and for activity in the interest of world peace.

The first Nobel Prize was awarded in Saint Tropez in 1901 – five years after the death of Alfred Nobel.

Only 1% Of Cyprus Farms Use Precision Farming Technologies

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

The Future Forbes Realty Global Properties
Uol
eCredo
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter