https://knews.kathimerini.com.cy/en/news/finance-ministry-increases-2022-inflation-estimate-to-4
The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine....
https://knews.kathimerini.com.cy/en/business/russia-is-seizing-western-built-airliners-while-sanctions-block-parts-maintenance-and-support
On Monday, Russian President Vladimir Putin signed a law that will allow Russian airlines to take control of hundreds of the Western-built planes leased from international firms, Russian news agency TASS reported, per The Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/thirty-million-people-in-13-cities-are-put-into-covid-lockdown-in-china
Thirty million people in 13 cities across China have been put back into a Covid-19 lockdown with hazmat-wearing officials back on the streets on a scale not seen since the pandemic began....
https://knews.kathimerini.com.cy/en/news/25-of-cypriot-police-officers-are-women
Cyprus is one of the top countries, among other European countries, with the highest number of females in the police force, as 25% of them are women, Assistant Head of Crime Combat Unit and member of the Police Gender equality committee, Kyriaki Lambrianidou, said....
https://knews.kathimerini.com.cy/en/news/cyprus-is-losing-its-russians-confronting-existential-questions-about-its-economy
For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs.
...
https://knews.kathimerini.com.cy/en/news/ukraine-s-capital-under-fire-3-eu-nation-leaders-to-visit
Russia’s relentless bombardment of Ukraine edged closer to central Kyiv on Tuesday, with a series of strikes hitting a residential neighborhood as the leaders of three European Union countries planned a bold visit to Ukraine’s embattled capital in a show of support....
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/squatters-occupy-russian-oligarch-s-london-mansion
Squatters have occupied the London mansion suspected of belonging to Russian billionaire Oleg Deripaska, who was placed on Britain's sanctions list last week, unfurling a Ukrainian flag and a banner saying 'This property has been liberated'....
https://knews.kathimerini.com.cy/en/news/elon-musk-challenges-vladimir-putin-to-a-duel
Tesla CEO Elon Musk has challenged Russian President Vladimir Putin to a duel....
https://knews.kathimerini.com.cy/en/news/op-ed-a-new-impetus-for-gas-in-the-eastern-mediterranean
The war in Ukraine has upended Europe’s energy security. Continuing to rely on Russian energy is no longer tolerable, even if the relationship cannot be severed overnight....
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/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/stolichnaya-vodka-will-now-be-marketed-simply-as-stoli
The maker of Stolichnaya vodka announced a major rebrand Friday, in direct response to its founder's "vehement position" against the Putin regime and the Russian invasion of 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/versailles-summit-difference-of-views-on-ukraine-s-accession-eurobond
VERSAILLES - RESPONSE. Resistance within the EU is strong against new excesses to deal with the multifaceted crisis that erupted with the Russian invasion of Ukraine. ...
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/cyprus-municipalities-reduced-to-20-following-reform-bill-passed-by-parliament
The Cypriot Parliament Plenary on Thursday voted in favor of three bills adopting the reform of Local Government reducing the number of Municipalities throughout the government-controlled areas to 20....
https://knews.kathimerini.com.cy/en/news/germany-seizes-$600-million-superyacht-belonging-to-russian-oligarch-alisher-usmanov
German authorities have seized a $ 600 million superyacht belonging to Russian billionaire Alisher Usmanov at a Hamburg shipyard....
https://knews.kathimerini.com.cy/en/news/european-plan-to-donate-fighter-jets-to-ukraine-collapses
A proposed deal to allow Ukrainian pilots to fly fighter jets donated by European Union countries has fallen apart....
https://knews.kathimerini.com.cy/en/business/abramovich-gets-rid-of-real-estate-and-thinks-of-selling-chelsea
A Labor lawmaker told the British parliament yesterday that Roman Abramovich was rushing to sell his property in the United Kingdom to avoid possible financial sanctions....
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/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/in-historic-shift-germany-ramps-up-defense-spending-due-to-russia-s-ukraine-war
Chancellor Olaf Scholz on Sunday announced a major boost to German military spending in the latest of a series of dramatic moves reversing decades of Germany’s post-Cold War foreign policy in just a few days....
https://knews.kathimerini.com.cy/en/news/i-need-ammunition-not-a-ride-zelensky-blasts-biden-for-offering-to-evacuate-him-from-kyiv
Ukrainian President Volodymyr Zelensky told President Joe Biden 'I need ammunition, not a ride,' when offered the chance of a US-backed evacuation....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-increase-in-investment-funds
The number of investment funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching 8.7404 billion euros, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/welcome-back-australia-opens-its-borders-two-years-later-images
Australia today completely opened its external borders to travelers who have been vaccinated against the coronavirus after being shut down for almost two years due to the pandemic, with tourists returning to the country and hundreds of people reuniting with relatives and friends....
https://knews.kathimerini.com.cy/en/news/historic-leak-of-swiss-banking-records-reveals-unsavory-clients
Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....
https://knews.kathimerini.com.cy/en/news/larnaca-port-and-marina-will-upgrade-the-cypriot-economy-says-minister-of-transport
Minister of Transport, Communications and Works, Yiannis Karousos, said on Friday that the project of Larnaca port and marina will significantly reinforce the Cypriot economy, with the benefit estimated at 120 million euros per year....
