https://knews.kathimerini.com.cy/en/news/credit-suisse-in-the-hot-seat-for-telling-its-clients-to-shred-evidence
Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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,...
https://knews.kathimerini.com.cy/en/news/millionaire-flies-ukrainians-to-switzerland
Clutching her baby to her breast, Alona Shevchenko's eyes well up with tears as the plane lifts off from Krakow....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/abramovich-superyacht-eclipse-docks-in-marmaris
A second superyacht linked to Russian billionaire Roman Abramovich docked in a Turkish resort on Tuesday and sources familiar with the discussions said he and other wealthy Russians were looking to invest in Turkey given sanctions elsewhere....
https://knews.kathimerini.com.cy/en/business/new-russian-asset-tracker-platform-launched-by-non-profit
A nonprofit reporting network launched on Monday the Russian Asset Tracker, a database to track the assets of prominent Russians who have links to Vladimir Putin....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/everything-you-need-to-know-about-crypto-today-at-least-for-the-next-8-hours
Don’t be intimidated by my headline if you know nothing about Bitcoin or the Bored Ape Yacht Club. You are in the majority....
https://knews.kathimerini.com.cy/en/news/where-have-wealthy-russians-disappeared-to
It stretches into the Persian Gulf from Dubai. The man-made archipelago in the shape of a huge palm tree is full of luxury hotels, apartments and villas....
https://knews.kathimerini.com.cy/en/news/roman-abramovich-can-t-pay-queen-£10-000-rent-he-may-owe-for-£107m-mansion
Chelsea owner Roman Abramovich can't pay the Queen the £10,000 rent he may owe for the land his £107million mega-mansion sits on....
https://knews.kathimerini.com.cy/en/life/cyprus-s-underwater-sculpture-park-offers-a-deep-dive-into-aquatic-art
Snacking on the works of art in museums is typically discouraged. But that’s exactly what I’m witnessing at the Museum of Underwater Sculpture Ayia Napa (Musan) as a shoal of flickering fish tuck into the algae on the sculptures’ surface....
https://knews.kathimerini.com.cy/en/news/europe-s-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite
Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....
https://knews.kathimerini.com.cy/en/news/uk-freezes-assets-of-roman-abramovich-and-6-other-oligarchs-banned-from-travel
Roman Abramovich is among seven oligarchs to be hit with an asset freeze and travel bans under brutal new UK sanctions unveiled today....
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/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/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/ukraine-russia-crisis-what-to-know-in-the-escalating-crisis
From a hastily-convened meeting of the United Nations Security Council to capitals around the world, leaders have condemned Russian President Vladimir Putin’s recognition of two pro-Russia regions in eastern Ukraine as independent and his order to send troops there....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/greece-and-cyprus-generate-over-500-kg-municipal-waste-per-person
Greece and Cyprus generated more than half a tonne of municipal waste per person according to the latest data published by Eurostat at 525 kg and 609 kg for 2020....
https://knews.kathimerini.com.cy/en/news/when-the-tinder-swindler-came-to-cyprus
A few weeks ago, Netflix released a new biographical documentary, The Tinder Rogue. The story deals with the case of the young Simon Hayut or Simon Leviev, as he used to introduce himself to his victims, who cheated on women in order to make money....
https://knews.kathimerini.com.cy/en/news/cbms-not-proposed-to-deceive-the-turkish-cypriots
Substantial confidence-building measures (CBMs) are not made to deceive the Turkish Cypriots, President Anastasiades said Sunday, responding to statements made by the Turkish Cypriot leader Ersin Tatar....
https://knews.kathimerini.com.cy/en/news/op-ed-the-charismatic-leadership-of-archbishop-makarios
On August 3, 1977, Hellenism was struck by a tragedy of unspeakable magnitude: the president of the Republic of Cyprus, Archbishop Makarios III, passed away of a heart attack....
https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires
Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...
https://knews.kathimerini.com.cy/en/news/op-ed-the-eastmed-project-and-dilemmas-over-energy-strategy
The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...
https://knews.kathimerini.com.cy/en/news/cypriot-judge-bails-chinese-duo-on-technicality
A mother and son from China facing extradition in Cyprus on investment fraud charges have been released on bail, with a Paphos judge allowing them to walk free citing prosecution paperwork delays...
https://knews.kathimerini.com.cy/en/news/tatar-the-wealth-of-the-eastern-mediterranean-is-common
The wealth of the eastern Mediterranean is common, said Turkish leader Ersin Tatar, adding that they are obliged to defend their rights to the end....
https://knews.kathimerini.com.cy/en/news/extradition-case-in-cyprus-gets-political
Cyprus is in the middle of a politically-charged extradition battle where a mother and son wanted by Chinese authorities are getting support from an American organization backed by Donald Trump’s former advisor...
https://knews.kathimerini.com.cy/en/news/a-market-based-solution-to-the-anti-vaxxer-problem
As the world grapples with the fast-spreading Omicron variant and its potentially devastating consequences, a major policy dilemma revolves around how governments might nudge the unvaccinated or partially vaccinated to join the ranks of those who are fully protected....
https://knews.kathimerini.com.cy/en/news/a-time-to-heal-the-events-that-defined-2021
Did you know that one of the most Googled subjects around the world this year was ‘how to heal’? ...
