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/roman-abramovich-can-t-pay-queen-£10-000-rent-he-may-owe-for-£107m-mansion
Chelsea owner Roman Abramovich can't pay the Queen the £10,000 rent he may owe for the land his £107million mega-mansion sits on....
https://knews.kathimerini.com.cy/en/news/us-to-ban-all-russian-oil-imports-reports-say
Joe Biden has decided to ban Russian oil imports to America in a dramatic ratcheting up of the economic squeeze on Vladimir Putin’s regime, according to reports from the US....
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/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/news/russian-forces-continue-to-pound-kiev
Missiles pounded Kyiv on Friday and families cowered in bomb shelters as Russian forces pressed their advance and authorities said they were girding for an assault aimed at overthrowing the government....
https://knews.kathimerini.com.cy/en/business/digital-ruble-trial-goes-live-as-bank-of-russia-insists-on-bitcoin-ban
Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency....
https://knews.kathimerini.com.cy/en/news/seven-arrested-over-dozens-of-deaths-in-cretan-nursing-home
Police on Crete arrested seven people on Wednesday in relation to the deaths of dozens of people in a private nursing home in Hania....
https://knews.kathimerini.com.cy/en/business/credit-suisse-faces-money-laundering-charges-in-bulgarian-cocaine-traffickers-trial
Credit Suisse faced charges in a Swiss court on Monday for allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases....
https://knews.kathimerini.com.cy/en/news/new-york-$2-million-earned-by-two-nurses-selling-fake-vaccination-certificates
U.S. authorities have charged two nurses in Long Island, New York, with selling fake vaccination certificates against Covid-19, earning nearly $ 1.5 million from their scheme....
https://knews.kathimerini.com.cy/en/business/billionaire-mark-cuban-opens-online-pharmacy-to-provide-affordable-generic-drugs
Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/uk-government-holds-breath-as-it-awaits-‘partygate-report
Prime Minister Boris Johnson braced for the conclusions of an investigation into allegations of lockdown-breaching parties, a document that could help him end weeks of scandal and discontent, or bring his time in office to an abrupt close....
https://knews.kathimerini.com.cy/en/news/maricar-s-mom-still-seeks-justice-in-cyprus
The mother of murdered Filipina Maricar Valdez Arquiola is still waiting for the Cypriot government to do the right thing, with reports saying relatives of victims in the island’s unprecedented serial killer case are still waiting for a proper financial settlement...
https://knews.kathimerini.com.cy/en/business/moneyval-cyprus-makes-some-progress-in-the-fight-against-money-laundering
Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....
https://knews.kathimerini.com.cy/en/news/limassol-large-stash-of-contraband-tobacco-found-in-warehouse
Huge quantities of contraband cigarettes and tobacco were confiscated after being found yesterday in Limassol following a joint operation by the Police and the Customs Department. A 57-year-old man was arrested and detained in connection with the case....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grew-by-5-7-in-2021-according-to-eurostat
The continued high rate of growth in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides said on Tuesday....
https://knews.kathimerini.com.cy/en/news/christmas-on-borrowed-cash-for-many
One in four households will take on credit card debt to buy food and presents this festive season, according to the 2021 study of the European Consumer Payment Report....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-to-impose-new-and-increased-fees-from-february-15-2022
Bank of Cyprus will be imposing new and increased fees by February 2022, adopting the general trend of the European banking sector of increasing bank charges to cover a reduction of income stemming from low interest rates....
https://knews.kathimerini.com.cy/en/news/suspected-motive-in-double-murder-draws-skepticism
A top criminologist in Cyprus says machismo and ethnicity were proximate causes in the double murder of two Russian women who had gone missing last month, but a suspected motive in the case has drawn public disbelief and some parliament members are calling for investigation into possible sex trafficking...
https://knews.kathimerini.com.cy/en/news/judge-denies-public-hearing-in-double-murder
The sole suspect in the double murder of two Russian women appeared on Monday in Limassol District Court behind closed doors, with reporters kept at bay in a case where his initial arrest had also taken place in total secrecy...
https://knews.kathimerini.com.cy/en/news/police-face-criticism-in-double-murder-case
A man is being accused of double murder in the case of two Russian women, with police being criticized on social media for initially missing the burial site and officials responding that the discovery was made possible following a tough suspect interrogation late at night...
https://knews.kathimerini.com.cy/en/news/two-bodies-found-in-missing-russian-women-case
Police say two bodies were found buried in the yard of a cottage on Sunday in connection with the case of two missing Russian women, with investigators saying they believe they know who committed double murder but still no motive has been established...
https://knews.kathimerini.com.cy/en/news/scope-of-search-widens-for-two-missing-russian-women
Police are searching for a person of interest in the case of two missing females from Russia, with a detained suspect insisting he drove the women back home and investigators searching the forest after not having ruled out murder...
https://knews.kathimerini.com.cy/en/news/man-with-purse-arrested-after-cop-s-instinct-kicks-in
Police officers who got curious after seeing a man carrying a women’s purse in the wee hours Tuesday morning ended up arresting him, after it turned out during a search that the handbag had been stolen...
https://knews.kathimerini.com.cy/en/news/it-s-raining-money-hallelujah
Whoever said it never rains in Southern California didn't expect a shower of money to rain down on a California highway....
https://knews.kathimerini.com.cy/en/news/cyprus-awaits-brussels-on-golden-passports
The President’s Cabinet in the Republic of Cyprus has approved at least 390 golden passport applications despite European warnings after the program was scrapped last year, with Interior Minister Nicos Nouris saying he has already explained the logic to the European Commission but hasn’t heard back yet...
https://knews.kathimerini.com.cy/en/news/fiji-frees-cypriot-brothers-on-time-served
Two Cypriot brothers accused of money laundering through credit cards in Fiji have been released, with a court sentencing them to time served after spending two years in remand...
https://knews.kathimerini.com.cy/en/life/greece-becoming-a-hotspot-for-hollywood-films
Philip Fertis is involved in puppetry, but due to the pandemic, the demand for performances in schools and municipalities is low. ...
https://knews.kathimerini.com.cy/en/news/family-friend-arrested-in-paphos-robbery-case
A woman has been arrested in connection with an aggravated robbery investigation in Paphos, following reports that she was a friend of the victim who had withdrawn his savings to go back to his country...
