https://knews.kathimerini.com.cy/en/news/world-faces-food-crisis-due-to-ukraine-war
A global food crisis looms unless the war in Ukraine is stopped because fertilizer prices are soaring so fast that many farmers can no longer afford soil nutrients, Russian fertilizer and coal billionaire Andrei Melnichenko said on Monday....
https://knews.kathimerini.com.cy/en/news/versailles-summit-eu-to-boost-military-support-to-kyiv-mulling-new-sanctions
European Union leaders said on Friday they will continue applying pressure on Russia by devising a new set of sanctions to punish Moscow for its invasion of Ukraine while stepping up military support for Kyiv....
https://knews.kathimerini.com.cy/en/news/time-to-lift-unjust-sanctions-on-turkey-s-defense-industry-erdogan-tells-biden
Turkish President Tayyip Erdogan told U.S. President Joe Biden in a phone call on Thursday that it was past time to lift all "unjust" sanctions on Turkey's defense industry....
https://knews.kathimerini.com.cy/en/news/europe-s-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite
Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....
https://knews.kathimerini.com.cy/en/business/s-p-downgrades-rcb-places-bank-on-creditwatch-with-negative-implications
Rating Agency Standard and Poor’s downgraded RCB bank’s long-term lender rating to `B+` from `BB-` and placed its ratings on CreditWatch with negative implications,...
https://knews.kathimerini.com.cy/en/news/uk-freezes-assets-of-roman-abramovich-and-6-other-oligarchs-banned-from-travel
Roman Abramovich is among seven oligarchs to be hit with an asset freeze and travel bans under brutal new UK sanctions unveiled today....
https://knews.kathimerini.com.cy/en/news/eu-sanctions-14-more-oligarchs-blocks-transactions-with-belarus-central-bank
The European Union has agreed to impose sanctions on 14 more Russian oligarchs, freeze relations with Belarus’ central bank and curb three top lenders in that country, the EU Commission said on Wednesday....
https://knews.kathimerini.com.cy/en/business/five-female-run-businesses-using-design-to-create-a-waste-free-world
From ‘collaborating’ with bacteria to make material for trainers, to ‘unplastic’ made from brewery waste, these female-founded businesses enlist the power of creativity to do away with waste....
https://knews.kathimerini.com.cy/en/news/people-around-the-world-are-booking-airbnbs-in-ukraine-but-they-don-t-plan-to-check-in
One of the social media influencers behind the Airbnb effort also has encouraged his followers to patronize Ukrainian merchants on Etsy but ask sellers not to ship any goods. Etsy has announced it's canceling the current balances and fees owed by all sellers in Ukraine....
https://knews.kathimerini.com.cy/en/news/italy-seizes-oligarchs-villas-and-yachts-to-put-pressure-on-russia
Italian police have seized villas and yachts worth 143 million euros ($156 million) from five high-profile Russians who were placed on sanctions lists following Moscow's attack on Ukraine, the government said on Saturday....
https://knews.kathimerini.com.cy/en/news/first-batch-of-cyprus-humanitarian-aid-to-ukraine-to-be-shipped-on-tuesday
The first batch of the humanitarian aid from Cyprus to the people of war-ravaged Ukraine will be shipped on Tuesday, Commissioner for the Citizen Panagiotis Sentonas said....
https://knews.kathimerini.com.cy/en/news/op-ed-our-strength-is-our-unity-putin-chose-war-we-stand-with-ukraine
An op-ed by US Ambassador to Cyprus, Judith Garber...
https://knews.kathimerini.com.cy/en/news/switzerland-will-freeze-russian-owned-crypto-assets
Switzerland is to freeze all crypto assets held within its borders that are owned by Russians and the country’s businesses sanctioned by the EU....
https://knews.kathimerini.com.cy/en/news/two-ministerial-commitees-established-to-monitor-impact-of-ukraine-crisis-on-cyprus
At a meeting chaired by President Nicos Anastasiades today at the Presidential Palace, two ministerial committees were established to monitor the effects of the Ukraine crisis on Cyprus....
https://knews.kathimerini.com.cy/en/news/fears-of-potential-nuclear-disaster-at-europe-s-largest-nuclear-power-plant
Russian forces seized the largest nuclear power plant in Europe after a building at the complex was set ablaze during intense fighting with Ukrainian defenders, Ukrainian authorities said on Friday....
https://knews.kathimerini.com.cy/en/news/new-covid-relaxations-announced-today
The session of the Council of Ministers which began at 10 am this morning ended shortly after noon today followed by an announcement of new relaxations to the covid restrictions in Cyprus....
https://knews.kathimerini.com.cy/en/business/russian-bank-subsidiary-in-europe-collapses
While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...
https://knews.kathimerini.com.cy/en/news/what-you-need-to-know-right-now-about-the-ukraine-russia-conflict
Russia's invasion of Ukraine entered its second week on Thursday with its main assault force halted north of the capital Kyiv and several cities enduring heavy Russian bombing....
https://knews.kathimerini.com.cy/en/news/cypriot-pilot-who-ditched-lawyer-goes-after-state
A Cypriot commercial pilot who single-handedly took his case to ECHR saying he was wrongfully dismissed more than two decades ago is now suing the Republic of Cyprus for unfair trial following a decision by the country’s Supreme Court to reopen appeal proceedings...
https://knews.kathimerini.com.cy/en/news/petrides-cyprus-banks-are-safe-from-exposure-to-russia
The economic sanctions imposed against Russia following the invasion of Ukraine are not affecting Cyprus to a large extent as the island’s banking system has no exposure to Russia...
https://knews.kathimerini.com.cy/en/news/eleftheria-square-lit-up-in-solidarity-with-ukraine
Since the beginning of the Russian invasion of Ukraine 7 days ago, monuments around the world were lit up in the colors of the Ukrainian flag to show support and solidarity with the Ukrainian people. ...
https://knews.kathimerini.com.cy/en/news/the-us-joins-canada-and-the-eu-in-banning-russian-aircraft-from-its-airspace
President Joe Biden announced during Tuesday night's State of the Union that the US will ban Russian aircraft from US airspace, joining a growing number of countries who are closing their skies to Russia following President Vladimir Putin's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/at-least-five-oligarchs-have-bank-accounts-in-cypriot-banks
In Cyprus, five oligarchs from the EU list
What emerges from the investigations of Cypriot banks for the lists of the European Council which includes 50 persons...
https://knews.kathimerini.com.cy/en/business/alexis-pantazis-and-emilios-markou-of-hellas-direct-have-been-named-ey-entrepreneurs-of-the-year-for-2022-in-cyprus
This prestigious award for entrepreneurs was presented for the first time in Cyprus. Winners will represent Cyprus at the EY World Entrepreneur Of The Year™ Awards in Monte Carlo, in June 2022
...
https://knews.kathimerini.com.cy/en/news/zalensky-makes-impassioned-speech-to-eu-parliament-gets-standing-ovation
President Volodymyr Zelensky today told European leaders Ukrainians are ‘paying the ultimate price to defend freedom’....
https://knews.kathimerini.com.cy/en/news/western-businesses-flight-from-russia-continues
Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/anonymous-group-takes-down-three-russian-news-websites-after-attacking-kremlin-backed-channel-rt
Anonymous collective have taken down three Russian news agency websites after attacking Kremlin-backed channel RT....
https://knews.kathimerini.com.cy/en/business/how-$300-billion-in-russian-money-can-shake-markets
Credit Suisse's strategic analyst Zoltan Pozsar, who shows that Russia has about $ 300 billion in foreign currency swaps abroad,...
https://knews.kathimerini.com.cy/en/business/cypriot-npls-unchanged-in-november
Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from €4.26 billion the previous month, according to data released on Friday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/ruble-in-free-fall-as-sanctions-against-russian-central-bank-come-into-force
European Union sanctions against Russia's central bank have come into force after they were published in the EU Official Journal in the early hours of Monday, leading the ruble to fall sharply.
...
