https://knews.kathimerini.com.cy/en/news/eu-plans-to-cap-gas-prices-risking-cutoff-from-russia
The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....
https://knews.kathimerini.com.cy/en/news/oil-prices-retreat-to-pre-russian-invasion-levels
Crude oil prices retracted to levels before Russia's invasion of Ukraine on Wednesday with Brent oil prices falling below $90 a barrel amid concerns of an impending economic downturn....
https://knews.kathimerini.com.cy/en/news/washington-scratches-beneath-surface-in-aegean-dispute
The State Department called on Turkey and Greece 'to refrain from rhetoric and actions that could further escalate tensions,' with a statement from Washington that Greece’s sovereignty over these islands was not in question tying to Turkey’s grievances over 'width of territorial waters and national airspace'...
https://knews.kathimerini.com.cy/en/news/new-european-newsroom-comprised-of-18-news-agencies
A total of 18 news agencies from all over Europe are participating in the European Newsroom initiative, which was formally launched on Tuesday in Brussels....
https://knews.kathimerini.com.cy/en/news/eu-health-commissioner-says-no-time-to-waste-on-vaccination-strategies
EU Commissioner for Health, Stella Kyriakides, has underlined that member states need to move ahead with new vaccination strategies against COVID-19, utilizing the new adapted vaccines, and stressed that there is “no time to waste”,...
https://knews.kathimerini.com.cy/en/news/cypriot-airlines-dismiss-rumors-of-post-pandemic-ripple-effect
Airlines operating out of the Republic of Cyprus reportedly have denied rumors that they could be going under, following trouble with Romanian Blue Air and a Bloomberg report warning about the island’s two carriers...
https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards
Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....
https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low
The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....
https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions
Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....
https://knews.kathimerini.com.cy/en/news/britain-s-new-pm-draws-scathing-reaction-from-moscow
Liz Truss will replace Boris Johnson as Britain's prime minister on Tuesday, after Russian politicians and media lined up on Monday predicting her ascent to power would do nothing to improve dire relations.
...
https://knews.kathimerini.com.cy/en/news/russia-threatens-no-more-gas-via-nord-stream-1-if-sanctions-are-not-lifted
Gas supplies from Russia to Europe via the Nord Stream 1 pipeline will not fully resume until the "collective West" lifts sanctions against Moscow for its invasion of Ukraine, the Kremlin has said, according to the Financial Times....
https://knews.kathimerini.com.cy/en/news/liz-truss-becomes-britain-new-pm-after-johnson-fallout
Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....
https://knews.kathimerini.com.cy/en/news/russia-announces-sanctions-against-sean-penn-and-ben-stiller
Russia announced today that it is banning 25 Americans from entering its territory, including actor/director Sean Penn and actor Ben Stiller....
https://knews.kathimerini.com.cy/en/news/metsola-europe-s-bloc-is-made-stronger-by-the-discovery-of-so-much-natural-gas-in-your-country
In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....
https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off
The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....
https://knews.kathimerini.com.cy/en/news/government-weighs-in-on-knife-assault-against-russians
A knife assault perpetrated by a Ukrainian woman against Russians in Cyprus continues to draw comments from officials, with the government saying the case was already on a path to justice...
https://knews.kathimerini.com.cy/en/news/lukoil-chief-falls-to-his-death-from-hospital-window-in-moscow
Ravil Maganov, the chairman of Russia's second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in Moscow, two sources familiar with the situation said, becoming the latest in a series of businessmen to meet with sudden unexplained deaths....
https://knews.kathimerini.com.cy/en/news/conflict-of-interest-raised-again-in-passport-probe
The audit office in the Republic of Cyprus is sending all its findings on golden passports to the state’s anti-corruption agency, citing a conflict of interest for the state’s two chief law enforcement officers who served as ministers during the investment scandal...
https://knews.kathimerini.com.cy/en/news/more-red-tape-for-russians-looking-to-visit-eu
European Union foreign ministers agreed on Wednesday to fully suspend a visa facilitation agreement with Russia, making it harder and more costly for Russian citizens to enter the EU, the bloc’s foreign policy chief Josep Borell said....
https://knews.kathimerini.com.cy/en/news/erdogan-insists-greece-s-s-300-locked-on-turkish-plane
The theory that Greece’s Cypriot-bought Russian-made S-300 could be heading for Ukraine got some attention this week, after Ankara insisted that Athens used the previously-forgotten missile system to lock on a Turkish plane over the weekend, a claim Greek officials deny...
https://knews.kathimerini.com.cy/en/news/gorbachev-who-steered-soviet-breakup-dead-at-91
Mikhail Gorbachev, who set out to revitalize the Soviet Union but ended up unleashing forces that led to the collapse of communism, the breakup of the state and the end of the Cold War, died Tuesday. The last Soviet leader was 91...
https://knews.kathimerini.com.cy/en/business/bicommunal-peace-event-to-take-place-on-september-1st
Political parties, trade unions and organizations from both sides of the divide in Cyprus stressed on Monday their determination to continue their struggle for the reunification of the country....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-penalizing-russia
The parallels between the Baltic countries' strategy towards Russia and the Cyprus strategy, so to speak, towards Turkey, seem easy (and are an official line of the Cypriot Foreign Ministry, which has instructed its diplomats to link the ongoing Russian invasion with the Turkish invasion)....
https://knews.kathimerini.com.cy/en/news/us-ambassador-makes-case-for-unity-against-russia
The American ambassador in Nicosia praised the Republic of Cyprus over the weekend for endorsing sanctions against Russia, saying broad support for Ukraine shows unity among allies, but a proposed visa ban on Russians still remains a controversial issue as EU foreign ministers meet this week...
https://knews.kathimerini.com.cy/en/news/increase-in-new-asylum-applications-in-cyprus-and-eu
In May 2022, first-time asylum applicants in the European Union increased by 17% compared to April 2022, and by 89% compared to May 2021, according to monthly asylum data published by Eurostat, the statistical office of the EU....
https://knews.kathimerini.com.cy/en/news/ukrainians-celebrate-their-independence-day-as-war-rages-on
The Ukrainian Ambassador to Cyprus, Ruslan Nimchynskyi, expressed the Ukrainian embassy's and the Ukrainian community’s gratitude to Cyprus and other countries for the solidarity exhibited in an event that took place on Wednesday on the occasion of the 31st anniversary of Ukraine’s Independence....
https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices
Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....
https://knews.kathimerini.com.cy/en/news/luxury-cars-with-russian-plates-fill-helsinki-airport
Helsinki airport’s parking garage has recently been filled with Porches as well as Bentleys and other luxury cars with Russian license plates making Finland among the most significant transit countries for Russian tourists planning to travel to other European countries....
https://knews.kathimerini.com.cy/en/news/us-warns-turkey-for-violating-sanctions-against-russia
The Biden administration has warned Turkish businesses not to do business with sanctioned Russian institutions and individuals, ramping up US pressure on a NATO ally that maintains strong ties to Russia during its invasion of Ukraine, the Wall Street Journal reported....
https://knews.kathimerini.com.cy/en/news/wizzair-postpones-its-resumption-of-flights-to-moscow
The low-cost airline from Hungary, Wizz Air, has announced that it decided to further postpone its intentions to resume flights from Abu Dhabi to Moscow starting from October....