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271. EU states divided over Russian oil sanctions

The European Union was preparing sanctions on Russian oil on Monday, with possible exemptions for wary countries, and warned that complying in full with Moscow's proposed scheme to receive gas payments in roubles would breach existing EU sanctions....

272. Facebook, Google, Stripe, Shopify investing a billion dollars in pre-orders for captured carbon

Four gargantuan tech companies have put together a $1.2 billion fund to pull carbon out of the atmosphere with a unique model that could go a long way to preventing 1.5°C of warming....

273. More ‘Golden Passports’ revoked

The Council of Ministers decided last week to revoke the citizenship of four more Russians, including their family members, who obtained ‘Golden Passports’ under the island’s disgraced Citizenship by Investment scheme that was brought to an abrupt end in November 2020....

274. Putin warns West of lightning retaliation

Russian President Vladimir Putin warned of lightning-fast retaliation if countries interfere in Ukraine as European leaders accused Russia of 'blackmail' over its cuts to gas supplies...

275. Cyprus convicts ‘sex client’ on trafficking charges

A male customer who was apprehended during a raid at a suspected illegal brothel in Limassol last year has been sentenced to prison on trafficking and exploitation charges, after Cypriot lawmakers introduced tough but controversial legislation that criminalizes sex buyer behavior...

276. Test drive tag misuse out in the open

The Transport Department is getting more negative publicity this week after information about widespread misuse of test drive tags reached lawmakers, with the minister vowing to tackle corruption from one scandal to the next...

277. Clashes between locals and foreigners continue

A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...

278. Consumers to buy directly from automaker, not from dealer

Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....

279. Property sales hit 14-year high in Cyprus

Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....

280. EU creates platform for members to jointly buy non-Russian gas

The European Union has launched a platform for European Union countries to jointly buy gas and liquefied natural gas as they seek to cut reliance on Russian fuels and build a buffer against supply shocks....

281. Revoking golden passports to Russians ‘impossible’

An EU recommendation to member states to recall passports issued to Russian and Belarusian oligarchs on the bloc’s sanctions list puts Cyprus in an awkward position....

282. Russians pile into property in Istanbul and Dubai to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....

283. Putin wants 'unfriendly' countries to pay for Russian gas in roubles

Russia will seek payment in roubles for gas sales from “unfriendly” countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region’s energy crunch....

284. 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....

285. 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....

286. Wars over imported damaged vehicles get ugly in Cyprus

Cyprus police have been keeping on the down low an investigation into alleged irregularities involving imported damaged vehicles, with reports saying a state employee’s vehicle was torched after he blew the whistle on a suspected illegal network amid government efforts to take lemons off the street...

287. Desperate Afghan families resorting to selling their kidneys and even their own children to buy food

Entire families in Afghanistan have been forced to sell their kidneys so they can buy food, as the country plunges deeper into a humanitarian crisis....

288. Man gets five years for manslaughter in botched drug deal

A drug buyer from Larnaca, who ran over with his car and killed a man in Limassol last year, was sentenced to five years in prison for manslaughter, with details heard in court suggesting he was scammed and tried to drive away in anger when the death took place...

289. Afghanistan: Selling their daughters to avoid starvation

When her husband told her that they would have to sell their two little girls so that their family would not starve to death after being displaced by the drought in western Afghanistan, Fahima "cried a lot"....

290. Bicycle subsidies for Cyprus

The Ministry of Transport, Communications and Works announces that on November 1, 2021 it will launch the first electronic platform through which citizens can apply for a subsidy to purchase a new non-electric bicycle....

291. Cyprus’ spy van case too close to the bone

A police investigation in Cyprus has concluded there was no proof of illegal phone tapping in the spy van case, but prosecutors are still going after the main suspects on lesser charges despite reports of alleged contacts in the past with local officials...

292. International Luxury Property and Residency Conference

293. Cyprus International Luxury Property and Residency Conference 2021

294. Suspect got scammed in deadly drug deal

The suspect in a deadly drug deal gone wrong in Limassol has given his own version of events, saying he flew into a rage after noticing he had paid for Himalayan salt instead of crystal meth...

295. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

296. Cyprus to receive 69,403 AstraZeneca doses in February

Cyprus will receive 69,403 doses of the AstraZeneca vaccine in February, according to information provided by the company, the Ministry of Health said Friday....

297. Buyer’s market and herd immunity

The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...

298. MINTHIS property collection and the design diversity

Pafilia is always at the forefront of innovation in the real estate market thanks to its visionary approach and determination to push boundaries. With the recent launch of a new collection of residential designs at Minthis, collectively called Topos, they have once again set new industry benchmarks and further diversify the product range at this holistic lifestyle destination....

299. Bill criminalises prostitution in Cyprus

A proposed legislation making paid sex a crime in the Republic of Cyprus is drawing criticism, after the country’s left wing declared the female body is not for sale and cannot be bought...

300. Wars over imported damaged vehicles

Transport ministry officials are getting serious pushback from groups opposing a new guideline that would require car damage history to be disclosed to prospective buyers of used vehicles...