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1. Suez Canal blockage and South China sea clashes threaten global trade

Although the pandemic-induced disruptions in global supply chains have eased and water flow in the Panama Canal has improved, new threats to international trade have emerged....

2. EU struggles with Russian oil price cap

European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge...

3. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

4. Op-ed: 'The world needs to come clean about dirty money'

On a spring ski break in Colorado last week, I found the town of Aspen buzzing with talk about Roman Abramovich. While the Russian oligarch has rarely been seen in the resort in recent years,...

5. 14 containers of humanitarian aid to Ukraine to set sail this afternoon

The Republic of Cyprus is sending a total of 14 large containers of humanitarian aid to Ukrainian, with the Minister of Transport Yiannis Karousos and the Citizen's Commissioner Panagiotis Sentonas expressing their gratitude to the citizens and all the departments involved for the collection, packing and shipping of the goods....

6. Cyprus frets ‘pandoramonium’ overshadowing good work

The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...

7. MEPs want Pandora audit for Anastasiades

A name-and-shame resolution approved by the European Parliament on Thursday pointed to Cypriot President Nicos Anastasiades and other leaders mentioned in the Pandora Papers, with calls on member states to carry out thorough investigations of alleged wrongdoing as well as close loopholes on offshore dealings...

8. Anastasiades Pandora reference hangs in the balance

Intense debate dominates in corridors of the European Parliament this week on whether specific references to Cypriot President Nicos Anastasiades and other leaders should be included in a draft resolution that calls for investigation into politicians who have been linked to offshore dealings in the Pandora Papers...

9. More than 330 current and former politicians identified as beneficiaries of secret accounts

A huge leak of financial documents published by several major news outlets on Sunday reportedly linked world leaders to secret wealth stockpiles, including King Abdullah of Jordan, Czech Prime Minister Andrzej Bremen and Prime Minister Andrei Bredo....

10. Cypriot president’s law firm accused in Pandora Papers

Cypriot President denies any knowledge of his ex law firm alleged to have hidden assets of a controversial Russian billionaire, following bombshell allegations of dozens of world and public leaders linked to secret financial dealings...

11. Sir Stelios wages battle against board

EasyJet founder Sir Stelios Haji-Ioannou had some harsh words to say about the company’s finance director, with the Greek Cypriot billionaire renewing his call to whistleblowers to help with useful information to scrap an Airbus deal...

12. Deutsche Bank headquarters in Frankfurt searched in panama papers probe

13. Venezuela's re-elected Maduro faces overseas censure

Venezuela’s socialist leader Nicolas Maduro faced fresh international censure on Monday after re-election in a vote foes denounced as a farce cementing autocracy in the crisis-stricken OPEC nation...

14. Cypriot businessman beats the Trumps in Panama

A Panamanian court has evicted the Trump management team from the Trump Ocean Club International Hotel and Tower in Panama City, in an apparent victory for the hotel’s majority owner, Panama-based Cypriot businessman Orestes Fintiklis, who has fought to regain control of the property....

15. Cysec to wrap up inquiries on the banking crisis

The three cases concerning the now-defunct Laiki Bank with regard the acquisition products by German Commerzabank, the reclassification of the Greek bonds held by Laiki, and the investment of Bank of Cyprus in Banca Transilvania...