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691. Russia's ultimate 'revenge plan' for the US

As Russia’s war of aggression continues to ravage its neighbor, the Kremlin’s propaganda apparatus has been more blatant than ever in outlining the country’s goals for its biggest nemesis: the U.S....

692. 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....

693. 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...

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

695. CYCLOPS: 'The crown of our security co-operation', says Kasoulides

On Wednesday, US Undersecretary for Political Affairs, Victoria Nuland, and Foreign Minister, Ioannis Kasoulides, expressed their wish that the Cyprus Center for Land, Open-seas, and Port Security (CYCLOPS) will help promote security in the region....

696. Elon Musk snaps up $3bn Twitter stake

Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing. The news sent Twitter shares soaring about 25% in pre-market trading....

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

698. Op-ed: Fertilizer inflation presages a global food supply crisis

We know that the war in Ukraine has led to sharp increases in prices for both food and fuel. This in turn has sparked concern that we may see a repeat of the famine and food riots that took place in 22 countries in the years following the global financial crisis, caused by a perfect storm of rising commodities prices....

699. 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...

700. Russians pile into property in Istanbul and Dubai to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....

701. 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....

702. Ukraine pleads for help, says Russia wants to split nation

Ukrainian President Volodymyr Zelenskyy accused the West of cowardice Sunday while another top official said Russia was trying to split the nation in two, like North and South Korea...

703. RCB shifts from banking to asset management

RCB Bank Ltd switches from banking to asset management, consequently phasing out its banking operations as of today....

704. 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,...

705. Abramovich's $600 million 'Solaris' cruising for 8 days off Turkey's coast without destination

A luxury superyacht owned by Russian billionaire Roman Abramovich that has been sailing without a destination for more than a week has updated its status for the first time since leaving port, ship-tracking data shows, suggesting that the vessel has no immediate intention of docking....

706. K. Treppides & Co Ltd- Cryptocurrencies: Investment firms trading in cryptocurrencies. Authorization required.

Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...

707. Moscow jumps on Burisma links to Kiev

Moscow has put together an elaborate diagram alleging Biden connections to Ukrainian biological labs, with new revelations initially described by Washington as “Russian disinformation” now gaining traction in the United States and reaching all the way to Cyprus...

708. Russia is seizing Western-built airliners while sanctions block parts, maintenance, and support

On Monday, Russian President Vladimir Putin signed a law that will allow Russian airlines to take control of hundreds of the Western-built planes leased from international firms, Russian news agency TASS reported, per The Wall Street Journal....

709. 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. ...

710. K. Treppides & Co Ltd - Cryptocurrencies: Forex Companies trading in cryptocurrencies as underlying asset. How to apply.

Derivatives on virtual currencies / cryptocurrencies, such as contracts for differences (CFDs), options and futures, can qualify as financial instruments under MiFID II. Subsequently, the provision of investment services in relation to financial instruments with cryptocurrencies as underlying asset in and/or from Cyprus, requires specific authorisation by the Cyprus Securities and Exchange Commission (CySEC)....

711. Anastasiades: 'Turkey’s non-alignment with EU’s sanctions on Russia is problematic'

President of Cyprus Nicos Anastasiades underlined the role that Cyprus can play in providing the European Union with energy and the problematic fact that Turkey has not aligned itself with the EU’s sanctions against Russia after the invasion of Ukraine...

712. Russia will default on its debts 'imminently', Fitch ratings agency has warned

Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....

713. Stolichnaya Vodka will now be marketed simply as 'Stoli'

The maker of Stolichnaya vodka announced a major rebrand Friday, in direct response to its founder's "vehement position" against the Putin regime and the Russian invasion of Ukraine....

714. 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. ...

715. Germany seizes $600 million superyacht belonging to Russian oligarch Alisher Usmanov

German authorities have seized a $ 600 million superyacht belonging to Russian billionaire Alisher Usmanov at a Hamburg shipyard....

716. Alexis Pantazis and Emilios Markou of Hellas Direct have been named EY Entrepreneurs Of The Year for 2022 in Cyprus

This prestigious award for entrepreneurs was presented for the first time in Cyprus. Winners will represent Cyprus at the EY World Entrepreneur Of The Year™ Awards in Monte Carlo, in June 2022 ...

717. Cypriot video game designer denies links to malware found before Russian invasion

A 24-year-old videogame designer who runs his small business out of a home next to an old Cypriot church in a quiet suburb of Nicosia now finds himself entangled in a global crisis following the Russian invasion of Ukraine....

718. 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....

719. Historic leak of Swiss banking records reveals unsavory clients

Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....

720. Op-ed: 'Putin will not invade because he doesn’t want a second Afghanistan’

Many analysts have suggested that the chaotic US withdrawal from Afghanistan emboldened Russian President Vladimir Putin to move toward Ukraine, exploiting the perceived weakness of the West. But Leon Aron, senior fellow at the American Enterprise Institute in Washington, reminds us that Russians were also trapped in Afghanistan in 1978-89. ...