https://knews.kathimerini.com.cy/en/news/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....
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/news/a-ban-on-golden-passports-and-the-ukrainian-crisis-on-the-agenda-at-eu-plenary
The European Parliament is scheduled to have its plenary session this week from the 7th to the 10th of March in Strasbourg. On the agenda will be, most importantly, the Ukrainian issue as well as a discussion on an EU-wide ban on citizenship by investment schemes....
https://knews.kathimerini.com.cy/en/news/cyprus-on-russia-s-list-of-unfriendly-nations
Moscow is firing back at countries that joined sanctions against Russia in the wake of the war in Ukraine, with Cyprus finding itself on the list days after Russian naval ships were denied access to the island’s ports...
https://knews.kathimerini.com.cy/en/news/italy-seizes-oligarchs-villas-and-yachts-to-put-pressure-on-russia
Italian police have seized villas and yachts worth 143 million euros ($156 million) from five high-profile Russians who were placed on sanctions lists following Moscow's attack on Ukraine, the government said on Saturday....
https://knews.kathimerini.com.cy/en/news/moscow-announces-harsh-sanctions-against-british-interests-in-russia
The Russian Foreign Ministry today pledged to impose tough but proportionate measures against British interests in Russia over what it called a "sanctions hysteria" by London in the midst of the war in Ukraine.
...
https://knews.kathimerini.com.cy/en/news/op-ed-our-strength-is-our-unity-putin-chose-war-we-stand-with-ukraine
An op-ed by US Ambassador to Cyprus, Judith Garber...
https://knews.kathimerini.com.cy/en/news/europe-wholesale-gas-prices-surge-to-record-on-russia-supply-fears
Wholesale gas prices in Europe have surged above €200 a megawatt-hour for the first time as big consumers fret about supplies from Russia....
https://knews.kathimerini.com.cy/en/news/switzerland-will-freeze-russian-owned-crypto-assets
Switzerland is to freeze all crypto assets held within its borders that are owned by Russians and the country’s businesses sanctioned by the EU....
https://knews.kathimerini.com.cy/en/news/versailles-summit-difference-of-views-on-ukraine-s-accession-eurobond
VERSAILLES - RESPONSE. Resistance within the EU is strong against new excesses to deal with the multifaceted crisis that erupted with the Russian invasion of Ukraine. ...
https://knews.kathimerini.com.cy/en/news/op-ed-on-the-doorstep-of-an-unknown-world
We are Witnesses of the end of the world we knew, without knowing where we will be in a short time....
https://knews.kathimerini.com.cy/en/business/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. ...
https://knews.kathimerini.com.cy/en/news/what-you-need-to-know-right-now-about-the-ukraine-russia-conflict
Russia's invasion of Ukraine entered its second week on Thursday with its main assault force halted north of the capital Kyiv and several cities enduring heavy Russian bombing....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/petrides-cyprus-banks-are-safe-from-exposure-to-russia
The economic sanctions imposed against Russia following the invasion of Ukraine are not affecting Cyprus to a large extent as the island’s banking system has no exposure to Russia...
https://knews.kathimerini.com.cy/en/news/eleftheria-square-lit-up-in-solidarity-with-ukraine
Since the beginning of the Russian invasion of Ukraine 7 days ago, monuments around the world were lit up in the colors of the Ukrainian flag to show support and solidarity with the Ukrainian people. ...
https://knews.kathimerini.com.cy/en/business/abramovich-gets-rid-of-real-estate-and-thinks-of-selling-chelsea
A Labor lawmaker told the British parliament yesterday that Roman Abramovich was rushing to sell his property in the United Kingdom to avoid possible financial sanctions....
https://knews.kathimerini.com.cy/en/news/the-us-joins-canada-and-the-eu-in-banning-russian-aircraft-from-its-airspace
President Joe Biden announced during Tuesday night's State of the Union that the US will ban Russian aircraft from US airspace, joining a growing number of countries who are closing their skies to Russia following President Vladimir Putin's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/at-least-five-oligarchs-have-bank-accounts-in-cypriot-banks
In Cyprus, five oligarchs from the EU list
What emerges from the investigations of Cypriot banks for the lists of the European Council which includes 50 persons...
https://knews.kathimerini.com.cy/en/news/zalensky-makes-impassioned-speech-to-eu-parliament-gets-standing-ovation
President Volodymyr Zelensky today told European leaders Ukrainians are ‘paying the ultimate price to defend freedom’....
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-ambassador-to-cyprus-russian-tourists-will-go-to-turkey-is-that-what-you-want
Stanislav Osadchiy, Russia’s Ambassador to Cyprus, has said, in an interview with a local media outlet, that the Republic of Cyprus and other European countries who have imposed sanctions on his country over its invasion of Ukraine have ‘shot themselves in the foot.’...
https://knews.kathimerini.com.cy/en/business/how-$300-billion-in-russian-money-can-shake-markets
Credit Suisse's strategic analyst Zoltan Pozsar, who shows that Russia has about $ 300 billion in foreign currency swaps abroad,...
https://knews.kathimerini.com.cy/en/news/ruble-in-free-fall-as-sanctions-against-russian-central-bank-come-into-force
European Union sanctions against Russia's central bank have come into force after they were published in the EU Official Journal in the early hours of Monday, leading the ruble to fall sharply.
...
https://knews.kathimerini.com.cy/en/news/op-ed-the-new-cold-war-has-begun
With almost the same arguments of those who had mobilized Bulent Ecevit on July 20, 1974 to invade Cyprus, Vladimir Putin declared war on Ukraine on the morning of February 24....
https://knews.kathimerini.com.cy/en/news/in-historic-shift-germany-ramps-up-defense-spending-due-to-russia-s-ukraine-war
Chancellor Olaf Scholz on Sunday announced a major boost to German military spending in the latest of a series of dramatic moves reversing decades of Germany’s post-Cold War foreign policy in just a few days....
https://knews.kathimerini.com.cy/en/news/russia-s-nuclear-deterrent-forces-on-alert-ordered-by-putin
Russian President Vladimir Putin said in a televised statement on Sunday that he was ordering Russia's nuclear deterrent forces on alert, as he continues his unprovoked invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/petrides-cyprus-has-not-objected-to-any-eu-sanctions-including-cutting-russia-off-swift
The Minister of Finance, Constantinos Petrides stated that reports concerning Cyprus' objection to imposing a ban on Russia from the SWIFT international payment system were false....
https://knews.kathimerini.com.cy/en/news/i-need-ammunition-not-a-ride-zelensky-blasts-biden-for-offering-to-evacuate-him-from-kyiv
Ukrainian President Volodymyr Zelensky told President Joe Biden 'I need ammunition, not a ride,' when offered the chance of a US-backed evacuation....
https://knews.kathimerini.com.cy/en/news/graffiti-and-ukrainian-flags-abound-in-limassol-in-show-of-support-images
In a show of support from locals, graffiti protesting Russia's barbaric moves, which seemed to have popped up overnight, were seen around Limassol. Ukrainian flags were also seen flying from flats in solidarity with the Ukrainian people....