The latest on the Paris Olympics
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The Olympic tennis tournament is underway, but the red clay of Roland Garros is missing some of the sport’s biggest stars, including world no. 1 Jannik Sinner.

While some are sidelined by illnesses and injuries, others are abstaining as a result of the professional circuit’s brutal schedule this summer.

Between the French Open, Wimbledon and the US Open, summer is always a busy season for those chasing an elusive Grand Slam title. Though the rest of the sports world sees the Olympics as the ultimate competition, the Games’ anthem falls flat amidst the prestigious yearly summer tournaments in Paris, London and New York.
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Ben Shelton, the rising 21-year-old US star ranked No. 14 in the world, said the Olympics fall at a tough time in the tournament schedule, as he will be coming off a stint in Europe and wants to prepare for the US Open.

“Having to go back to Europe to play on clay, a different surface – it kind of messes up a few lead-up tournaments to the US Open that I would play if I wasn’t playing the Olympics,” Shelton told reporters in the spring.

The ghost town that has stood empty for more than a century
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There’s a large and very dignified school in Kayakoy. There are narrow streets, lined with houses, that wend and rise up both sides of a steep valley. There’s an ancient fountain in the middle of the town. And there are churches, one with million-dollar hilltop views over the blue Aegean.

But, for most of the past 100 years, there have been no people.

Kayakoy, in southwestern Turkey’s Mugla Province, is a true ghost town. Abandoned by its occupants and haunted by the past. It’s a monument, frozen in time – a physical reminder of darker times in Turkey.

With hillsides dotted by countless crumbling buildings slowly being swallowed by greenery, and endless views into vanished lives, it’s also a fascinating and starkly beautiful place to visit. In summer, under clear skies and blazing suns, it’s eerie enough. Even more so in cooler seasons, wreathed in mountain or sea mists.
Just over a century ago, Kayakoy, or Levissi as it was known, was a bustling town of at least 10,000 Greek Orthodox Christians, many of whom were craftspeople who lived peacefully alongside the region’s Muslim Turkish farmers. But in the upheaval surrounding Turkey’s emergence as an independent republic, their simple lives were torn apart.

Tensions with neighboring Greece after the Greco-Turk war ended in 1922 led to both countries ejecting people with ties to the other. For Kayakoy, that meant a forced population exchange with Muslim Turks living in Kavala, in what is now the Greek region of Macedonia and Thrace.

But the newly arrived Muslims were reputedly less than happy with their new home, swiftly moving on and leaving Kayakoy to fall to ruin.

It would seem that Maltese taxation is quite severe and the corporate income tax rate does not suggest that Malta is a low tax jurisdiction. However, this is not the case. The fact is that non-resident companies in Malta are entitled to a refund of taxes paid, which allows us to talk about the lower level of taxation in Malta compared to most countries in the world.
In order to claim a corporate income tax refund, a foreign company must be registered in Malta as a trading or holding company (deriving its income from trading activities or from participation in other organisations, respectively).
In the tax accounting of a Maltese company, the income earned by it must be recorded in one of four tax accounts: “foreign profits”, “Maltese profits”, “profits from immovable property”, “non-taxable income”. Each type of income is taxed according to its own rules. The final amount of tax is recorded in the fifth account “final tax”.
Example. Consider the two most common cases: a Maltese company derives profits from trading activities abroad and from participation in other companies. In either case, these profits are subject to statutory tax at 35 per cent, but the Maltese shareholders are entitled to claim a refund of the tax taken from the dividends distributed. The refund rules differ for different types of income.
If a Maltese company derives income from trading activities outside Malta (and the term “trading” includes both the direct purchase and sale of goods and the provision of services), its shareholders are entitled, upon receipt of the dividend, to apply for a refund of 6/7th of the tax previously paid in Malta. Therefore, the effective income tax rate will be 5 per cent.

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The agreement allows for the exchange of information between other EU countries and Cyprus, even if the information is not required for tax purposes of these countries. However, the country from which the information is requested is not obliged to provide the information if it is a violation of the law or public interest of that country. It is also not allowed to request information that is not publicly available in that country.
It should be noted that the Cypriot tax authorities in most cases do not have information on the beneficiaries of private companies or any other information material. For these reasons, Cypriot companies registered through nominees and information about the real owners is confidential.
In this regard, persons whose information is withheld must be properly accumulated in the files of the registration agents. Professional secrecy cannot be used as an excuse for not providing information about these persons.
However, the conditions under which professional secrecy may be lifted will depend on state law. Thus, disclosure will not be a simple automatic administrative procedure, but will require the intervention of local government officials.
Opening a company in Cyprus can be a powerful step to expand your business and explore new markets. Because of its unique advantages, Cyprus offers great opportunities for growth and success in international business. However, success depends on careful planning, an understanding of the local business culture and effective resource management.

Tiny shards of plastic are increasingly infiltrating our brains, study says
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Human brain samples collected at autopsy in early 2024 contained more tiny shards of plastic than samples collected eight years prior, according to a preprint posted online in May. A preprint is a study which has not yet been peer-reviewed and published in a journal.

“The concentrations we saw in the brain tissue of normal individuals, who had an average age of around 45 or 50 years old, were 4,800 micrograms per gram, or 0.5% by weight,” said lead study author Matthew Campen, a regents’ professor of pharmaceutical sciences at the University of New Mexico in Albuquerque.
“Compared to autopsy brain samples from 2016, that’s about 50% higher,” Campen said. “That would mean that our brains today are 99.5% brain and the rest is plastic.”

That increase, however, only shows exposure and does not provide information about brain damage, said Phoebe Stapleton, an associate professor of pharmacology and toxicology at Rutgers University in Piscataway, New Jersey, who was not involved in the preprint.

“It is unclear if, in life, these particles are fluid, entering and leaving the brain, or if they collect in neurological tissues and promote disease,” she said in an email. “Further research is needed to understand how the particles may be interacting with the cells and if this has a toxicological consequence.”

The brain samples contained 7% to 30% more tiny shards of plastic than samples from the cadavers’ kidneys and liver, according to the preprint.

“Studies have found these plastics in the human heart, the great blood vessels, the lungs, the liver, the testes, the gastrointestinal tract and the placenta,” said pediatrician and biology professor Dr. Philip Landrigan, director of the Program for Global Public Health and the Common Good and the Global Observatory on Planetary Health at Boston College.

“It’s important not to scare the hell out of people, because the science in this space is still evolving, and nobody in the year 2024 is going to live without plastic,” said Landrigan, who was not involved with the preprint.

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Wasilla, south central Alaska. Home to bears, lakes, mountains and a flight school that’s fast becoming a private aviation wonderland.

At FLY8MA Pilot Lodge, you can opt for a scenic flight tour with glacier views, take the controls for a flying lesson, or go all in and get your pilot training.

When night falls over the broad vistas of the US state they call the Last Frontier, you can then climb the steps to two unique accommodation experiences: a converted McDonnell Douglas DC-6 airplane and the newest arrival, a McDonnell Douglas DC-9 – still with its DHL livery.

The fast-developing site is an ongoing project by FLY8MA founder Jon Kotwicki, who previously owned a flight school in Florida, before working as a commercial pilot and eventually ending up in Alaska.

Flying for the airlines “pays good money and everything, but it’s a very boring job,” he says. “Driving Uber is more interesting because you could talk to your passengers.”

Having fallen in love with the south central region on a vacation spent hiking, fishing and spotting bears and grizzlies, he chose it as a spot where he and his team – and his trusty Pomeranian dog Foxtrot – could “buy a lot of property and perhaps develop our own airport and run our own show.”