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1201. Cyprus' RCB Bank and its Kremlin ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

1202. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

1203. Cashing in: No payment problems for Russian tourists in Turkey

Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....

1204. Putin and Parkinson's: What do experts say?

From US Senator Marco Rubio to political science university professors to the UK tabloids, many people appear to have an intimate understanding of Russian President Vladimir Putin's health....

1205. EY Survey: Growing sustainability risks put pressure on law departments

Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....

1206. Father pleads not guilty in preemie’s death

A man accused of killing his newborn premature baby has denied manslaughter charges, with the judge ordering him back to jail until his trial beings after the summer...

1207. Moderna asks US authorization of COVID shots for kids under 6

Moderna Inc. said on Thursday it asked U.S. regulators to authorize its COVID-19 vaccine for children under the age of 6, which would make it the first shot against the coronavirus available for those under 5-years-old....

1208. Cyprus reports case of unexplained acute hepatitis

Health officials in the Republic of Cyprus reported that a young child was diagnosed back in February with acute hepatitis of unexplained origin, as cases emerge across the world and some experts fearing lockdowns could be the culprit...

1209. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

1210. Discord takes hold in front against Russian oil

Nicosia has been defending its stance towards sanctions against Moscow on the basis of principles and European unity, but lack of consensus for the bloc to seek a collective ban on Russian oil supplies has made cracks in the united front appear larger...

1211. Illegal fireworks wreak havoc in Cyprus neighborhoods

Police in Cyprus are doubling down on confiscating illegal fireworks during Orthodox Holy Week, but efforts focus on suppliers and not users that wreak havoc in quiet neighborhoods...

1212. Nicosia drops hint at ferry link this summer

The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...

1213. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

1214. Urgency and skepticism clash as west probes chems in Ukraine

Moscow says claims by American officials about the possibility of Russia using chemical weapons in Ukraine were 'baseless' as politicians and experts were becoming more skeptical about Kiev’s allegations...

1215. More than 100 private jets owned by Russian oligarchs are stuck in Dubai

Private jets belonging to Russian oligarchs that flew to Dubai to seek refuge from sanctions, following Russia's invasion of Ukraine are effectively stuck there, The Wall Street Journal reported....

1216. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

1217. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

1218. No more masks outdoors and an end to Safe Pass

The Cabinet of Ministers adjourned at noon today, but not before approving a set of new relaxed covid measures put forth by the Scientific Advisory Committee after yesterday's assessment and meeting with the Minister of Health Michalis Hadjipandelas....

1219. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

1220. 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. ...

1221. Study: Microplastics found in human blood for the first time

Microplastics – tiny pieces of plastic less than 0.2 of an inch (5mm) in diameter – have been found in human blood for the first time....

1222. 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...

1223. Abramovich, Ukrainian negotiators hit by suspected poisoning

Russian billionaire Roman Abramovich and Ukrainian peace negotiators suffered symptoms of suspected poisoning earlier this month after a meeting in Kiev...

1224. 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....

1225. Ukraine crisis stains church elections in Cyprus

A Cypriot theologian has blown the lid off the game of thrones in archbishopric elections on the island, suggesting anti-Russia agenda is behind efforts to take the vote away from believers who might favor a pro-Moscow candidate in order to task the Holy Synod with naming the winner...

1226. Mysterious circumstances surround yesterday's crash of China Eastern Airlines

A Chinese Eastern Airlines passenger plane that crashed yesterday in southern China lost 8,800 meters of altitude in a short period of time killing all 132 people on board....

1227. Expert says testing blindly a waste of money

A medical expert in Cyprus says wide-ranging rapid tests on the island have been a waste of money, adding he was in favor of targeted testing but only if it was focused on specific populations and criteria...

1228. K. Treppides & Co Ltd: Cryptocurrency: Trading in cryptocurrency for own benefit. Cyprus tax treatment.

Seems that we cannot stop hearing stories about cryptos in our workplace and media or via web searching how many people have become millionaires trading in cryptocurrencies...

1229. War in Ukraine: Russia's elite allegedly want Putin out, successor in mind

Russian elites are allegedly planning to remove President Vladimir Putin, according to Ukrainian intelligence, with a successor already in mind....

1230. Chinese Boeing 737 plummeted 8,000 meters in three minutes

A Boeing 737 carrying 132 people that plummeted 30,000ft to the ground and burst into flames in China suffered a catastrophic 'loss of control event', experts have warned....