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1651. Ukraine rushing to evacuate civilians as the war hits its 6th week

Fearing a new offensive in the six-week-old war, Ukraine rushed to evacuate civilians as Russian forces pounded cities and towns in the east and south, and Kyiv called on the West to place "ruinous" sanctions on Moscow....

1652. Nuland for EastMed: Not economically viable and will take too long

"Countries in this region have realized that dependence on Russian oil and gas is extremely bad and there is a convergence of interest in diversifying sources of supply, even as we work to move to green energy," according to US Undersecretary of State Victoria Nuland after her meeting this morning at the Presidential Palace with the President of the Republic, Nicos Anastasiadis....

1653. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

1654. Cyprus growth expected to ‘slow sharply’

Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...

1655. Op-ed: Let's imagine Putin didn't miscalculate

The conventional wisdom is that Vladimir Putin catastrophically miscalculated. He thought Russian-speaking Ukrainians would welcome his troops. They didn’t. ...

1656. US says Putin being misled by fearful advisers

Russian President Vladimir Putin is being misled by advisers who are too scared to tell him how badly the war in Ukraine is going, the White House says....

1657. Russian troops begin moving away from positions around Kyiv

Some Russian units suffering heavy losses in Ukraine had been forced to return home and to neighboring Belarus, British military intelligence said a day after Russia promised to scale down military operations around Kyiv and another city....

1658. Lagarde: Cyprus will be affected by inflation and rising energy costs

Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....

1659. Russia to bar entry for people from growing list of 'unfriendly' nations

Russia said on Monday it was preparing to restrict entry into Russia for nationals of "unfriendly" countries, which include Britain, all European Union states and the United States. ...

1660. Nicosia roundtable calls on Cyprus to reexamine sanctions

Leaders from the Russian business community in the Republic of Cyprus are calling on the government to reexamine sanctions in the wake of the war in Ukraine, saying the measures were hurting the island nation...

1661. Major projects underway in Larnaca, Nicosia

The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....

1662. Shanghai facing biggest lockdown in 2 years

Shanghai, the Chinese financial capital of 25 million people, is facing the worst outbreak of covid-19 cases in two years and entering a two-phase lockdown....

1663. US imposes fresh sanctions on Russia while providing an additional $1B in humanitarian aid

The United States will expand its sanctions on Russia in response to the invasion of Ukraine, targeting members of the country’s parliament and the central bank’s gold reserves, the White House announced Thursday....

1664. 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,...

1665. Hacktivist group 'Anonymous' claims to have hacked Russia's Central Bank

International hacking collective Anonymous claims to have exploited Russia's Central Bank - and is threatening to release 35,000 files which include 'secret agreements' in the next 48 hours....

1666. RCB Bank invites depositors to withdraw their money

RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....

1667. Financial assistance of more than 2.5 million euros to affected farmers

Financial assistance in the amount of €2,529,000 will be given to farmers who suffered losses due to damage caused to their crops from adverse weather conditions and other causes, according to an announcement from the government today. ...

1668. Fast track procedure for building permits

More than 2,500 building permits have been issued under the new, fast-track procedure since it was implemented in October 2021, Interior Minister Nicos Nouris said on Saturday addressing the 29th General Assembly of the Cyprus Association of Civil Engineers....

1669. Everything You Need to Know About Crypto Today (at least for the next 8 hours!)

Don’t be intimidated by my headline if you know nothing about Bitcoin or the Bored Ape Yacht Club. You are in the majority....

1670. Russia says post-1991 'illusions' about the West are over

Russia has lost any illusions about ever relying on the West and Moscow will never accept a world order dominated by the United States, which is acting like a sheriff seeking to call all the shots in a saloon bar, Foreign Minister Sergei Lavrov said....

1671. Cyprus produced 543,000 tons of solid waste in 2020

Today, March 18, marks World Recycling Day. It is the day when people around the world raise awareness on the importance of recycling and reuse, which are key to converting waste into resources for a circular economy....

1672. Consulco hosted the digital event ''UK Economy and Real Estate Outlook''

Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...

1673. Russia warns United States: we have the might to put you in your place

Russia warned the United States on Thursday that Moscow had the might to put the world's pre-eminent superpower in its place and accused the West of stoking a wild Russophobic plot to tear Russia apart....

1674. Energy Minister expects developments on Cyprus' confirmed gas deposits

Cyprus’ Minister of Energy, Trade and Industry Natasa Pilides has told CNA she expects developments soon regarding the exploitation of Cypriot natural gas fields, given the large increase in natural gas prices internationally....

1675. 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....

1676. Cyprus loses 370 thousand passengers from Russia and Ukraine

A significant number of Russian and Ukrainian tourists scheduled to arrive in Paphos in 2022 are no longer expected to visit Cyprus, according to information from Hermes Airports....

1677. Perdios: 'We will cover the loss of revenue from Russian tourists'

Despite losing ground in the Russian and Ukrainian markets due to the war in Ukraine and sanctions against Russia, Deputy Tourism Minister Savvas Perdios was optimistic on Tuesday that this year's tourist arrivals could catch up with 2021 from the promotion of other markets, which may fill part of the gap from Cyprus' second largest tourist market....

1678. 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. ...

1679. Loss of 1.5% to 2% of Cypriot GDP due to a ban on Russian flights

Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....

1680. 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....