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181. 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....

182. 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....

183. 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....

184. Russia targets new cities and calls on foreign ‘volunteers’ to join fight

Russia launched airstrikes deeper into Ukraine and called on foreign “volunteers” to join its war on Friday as Moscow stepped up unfounded allegations over chemical weapons threats. ...

185. 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....

186. 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....

187. Apple stops selling products in Russia

Apple Inc. announced that it has stopped selling its products in Russia, in response to the invasion of Ukraine....

188. 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....

189. 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....

190. Cypriot president skips Brussels meeting on Ukraine

The Republic of Cyprus will be represented by the Greek premier during Thursday’s emergency European Council summit on Ukraine after the Cypriot government said President Nicos Anastasiades had a speaking engagement in Dubai...

191. Exports of halloumi, medicine and other local products to the UAE

The enhancement of trade relations between Cyprus and the UAE, was discussed on Wednesday in Dubai, during a meeting between Cyprus Energy, Commerce, and Industry Minister, Natasa Pilides, and UAE Minister of State for Foreign Trade Thani Ahmad Al Zeyoudi....

192. Biden: Putin's actions are the the 'beginning of a Russian invasion of Ukraine'

US President Joe Biden described events now underway in Ukraine as "the beginning of a Russian invasion of Ukraine" as he unveiled harsh new sanctions to punish Moscow....

193. Cyprus bets on trust amid Turkey-Israel flirt

Cypriot Foreign Minister Ioannis Kasoulides says Nicosia is confident it won’t be sidelined as Israeli President Isaac Herzog prepares for a historic trip to Ankara but not before popping in for a visit to Cyprus as trust in the region is put to the test by all key players...

194. Turkish opposition leader refuses to pay power bill in protest

Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....

195. Ukraine crisis: Biden warns Russia may invade next month

US President Joe Biden has warned there is a "distinct possibility" Russia might invade Ukraine next month, the White House says....

196. Cypriot exports to the UK were not affected despite Brexit

Despite the significant decrease in imports from the United Kingdom as a result of Brexit, Cypriot exports, mainly of dairy products, have remained at the same levels,...

197. 'US position on EastMed project has no political aspect', -Erika Olsen [VIDEO]

US Deputy Assistant Secretary of State for European and Eurasian Affairs, Erika Olson, has told the Cyprus News Agency (CNA) that there is no political aspect in the US position on the EastMed pipeline project, adding that her country favors projects that will enable the clean energy transition and connect energy markets in the Eastern Mediterranean....

198. Op-ed: Beyond the EastMed pipeline

The US decision to shift its focus from the EastMed gas pipeline to regional electricity interconnectors is an opportunity for Greece. The pipeline has always been a long shot, and the case for pursuing it may have run its course. Greece now has a chance to reframe the dialogue around energy and climate change in the region, and it should seize it....

199. Cypriot economy will continue to recover output lost during 2020

The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....

200. What's left for the Turkish Cypriot economy after 2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

201. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

202. Turkish lira blows through 15 to dollar ahead of rate decision

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....

203. Tatar puts up new fight for squeaky cheese

Turkish Cypriot leader Ersin Tatar is taking to task European Union decisions on halloumi/hellim, the island’s famous cheese, saying they favor Greek Cypriots and leave their counterparts in the north at the mercy of inspectors approved by the south...

204. Why Europeans are facing a 'heavy winter'

Europe 's households are facing much higher energy bills in winter due to rising global energy and gas prices, and consumer organizations have warned that the most vulnerable could be hit by energy poverty....

205. US Ambassador toured Limassol port yesterday

US Ambassador to Cyprus Ms. Judith Garber visited Limassol port yesterday to tour the facilities of the Eurogate container terminal....

206. Biden taps close advisor as energy plots thicken

US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...

207. Anastasiades: Cyprus won't hesitate to veto EU-Turkey customs union

208. Adoption of halloumi PDO by mid-April, EC spokesperson says

The adoption and publication of halloumi and hellim as a Protected Designation of Origin (PDO) product is expected mid-April, Miriam Garcia Ferre, European Commission spokesperson for trade and agriculture said Tuesday....

209. Cyprus wraps up cheese that grills

Cypriot President Nicos Anastasiades says the registration of halloumi and hellim with the European Union is “to the benefit of all Cypriot producers, Greek and Turkish” following Monday’s designation for the famous cheese that grills but not without protests on both sides...

210. EU pledges to keep AstraZeneca doses in the bloc for now

The European Union will ensure that coronavirus vaccines produced by AstraZeneca within the bloc stay there until the company returns to fulfilling its delivery commitments, Internal Market Commissioner Thierry Breton said on Friday. ...