https://knews.kathimerini.com.cy/en/news/europe-agrees-to-ban-90-of-russian-oil
European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....
https://knews.kathimerini.com.cy/en/news/orban-get-his-way-as-eu-bans-russian-oil
The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much wrangling with Hungary, as punishment for Russian President Vladimir Putin's Feb. 24 invasion of Ukraine...
https://knews.kathimerini.com.cy/en/news/russia-ready-to-allow-ships-with-food-to-leave-ukraine-in-exchange-of-lifting-sanctions
Russia is ready to provide a humanitarian corridor for vessels carrying food to leave Ukraine, in return for the lifting of some sanctions, the Interfax news agency cited Russian Deputy Foreign Minister Andrei Rudenko as saying on Wednesday (25 May)....
https://knews.kathimerini.com.cy/en/business/cyprus-exports-up-by-55-in-jan-feb-2022
Total exports of goods to the EU Member States and to third countries in January - February 2022 increased by 55.2%, compared to the same period last year, according to the monthly report published by the Statistical Service of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/moscow-won-t-open-ukrainian-ports-for-grain-export-unless-sanctions-are-reviewed
Moscow said on Thursday that sanctions on Russia would have to be reviewed if it were to heed a U.N. appeal to open access to Ukraine's Black Sea ports so that grain could be exported, according to an Interfax news agency report....
https://knews.kathimerini.com.cy/en/news/thousands-of-britain-s-fish-and-chip-shops-could-close-within-a-year
The United Kingdom's fish-and-chip shops are under severe strain as the prices of key ingredients — including cod and cooking oil — soar as a result of the Russian assault on Ukraine....
https://knews.kathimerini.com.cy/en/news/ec-projects-economic-slowdown-and-rising-inflation-for-cyprus
The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....
https://knews.kathimerini.com.cy/en/business/trade-deficit-at-€429-million-in-february-and-€729-million-in-march
The trade deficit in February amounted to €429 million, according to the final data on the month's trade published by the Statistical Service on Tuesday. Additionally, preliminary data from the Statistical Service show that the trade deficit for March 2022 reached €729 million....
https://knews.kathimerini.com.cy/en/news/zelensky-warns-of-world-food-crisis-as-russia-blocks-4-5m-tons-of-grain-leaving-black-sea
The Russian army bombed a grain warehouse in Ukraine and tightened its blockade on Black Sea ports, sparking fears of a new global food crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-hub-hopes-hanging-by-a-thread
Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...
https://knews.kathimerini.com.cy/en/news/global-food-prices-rise-to-highest-ever-levels-in-march
Global food prices rose to their highest ever levels in March as a result of Russia’s invasion of Ukraine, the UN has reported....
https://knews.kathimerini.com.cy/en/news/medvedev-we-will-supply-food-and-crops-only-to-our-friends
Russian President Vladimir Putin said sanctions imposed by Western nations would lead to a global food crisis, Reuters reported....
https://knews.kathimerini.com.cy/en/news/us-undersecretary-nuland-in-town-to-inaugurate-cyclops
The Cyprus Center for Land, Open-seas, and Port Security, CyCLOPS, in Larnaka, will be inaugurated today by US Undersecretary of State for Political Affairs Victoria Nuland and Cyprus Foreign Minister Ioannis Kasoulides....
https://knews.kathimerini.com.cy/en/news/bucha-atrocities-bring-about-fresh-sanctions-and-deportations
Following the revelations about the atrocities against civilians that took place in Bucha and other areas near Kyiv, the EU is preparing fresh sanctions against Russia to "hit them where it hurts". ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/op-ed-putin-s-war-threatens-millions-with-hunger
Russia’s army is attempting to starve the people of Mariupol into submission in an act of barbarity that almost certainly constitutes a war crime. But the knock-on effects of Vladimir Putin’s invasion of Ukraine threaten hunger, even starvation, for millions of people beyond the immediate theatre of war....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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.
...
https://knews.kathimerini.com.cy/en/news/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....
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/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....
https://knews.kathimerini.com.cy/en/news/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....
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/news/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...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
