#sanctions

More than 4,000 accounts held by Russians in Cypriot banks could be closed over the next two months following the imposition of sanctions on a number of individuals in Cyprus, by ...

Opposition party Akel on Wednesday latched onto the developments surrounding the sanctions saying Cyprus has earned a horrific name for itself across the globe, with the previous government “closing its ...

A national sanctions implementation unit will be set up in Cyprus, which will cooperate with the respective department in the UK, the government announced on Wednesday. The decision came at ...

What do Russian oligarch Abramovich and Chelsea football club have in common? Links to Cyprus apparently. In a series of exclusive reports dubbed ‘Oligarch files’ published by The Guardian on ...

The Cyprus government on Tuesday stressed it was ready to explore whether there were grounds to begin criminal proceedings against sanctioned Cypriots who have been named by the US and ...

Cyprus is gearing up to go into damage control mode to salvage its international reputation after a dozen locals have been sanctioned for being “financial fixers” to Russian oligarchs. “I ...

US Ambassador to Cyprus Julie Fisher has hailed the cooperation between the US and Cyprus in holding to account those enabling Russia’s war on Ukraine. Her statements just before ...

President Nikos Christodoulides hastily convened a meeting at the palace on Thursday evening to discuss US and UK sanctions that have led to a punishing blow to Cypriot individuals and ...

The UK government on Wednesday imposed sanctions on two Cypriot “financial fixers” for “knowingly assisting” sanctioned Russian oligarchs to hide their assets in complex financial networks. A damning statement named ...

A Russian businessman facing extradition from Italy to the United States has escaped from house arrest, Italian police said on Thursday. Artem Uss is due to face charges in the ...

A total of 109 companies based in Cyprus are among those sanctioned by Ukrainian President Vladimir Zelensky, including gambling company Parimatch. “This is an egregious mistake. We hope it will be ...

Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad laden with Zara’s latest designs, and local online marketplaces snap up IKEA’s furniture stocks. ...

Financial sanctions against Russia have strangled its banks’ profits and wrecked many lenders’ international operations, but one year after Moscow sent its troops into Ukraine how much do they matter ...

Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil and gas exports kept foreign money ...

Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian supplies last month, ...

The co-founder of Russian internet giant Yandex (YNDX.O), Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that could see ownership ...

The Russian rouble slumped to an eight-month low against the dollar on Thursday, struggling under the weight of expectations that sanctions on Russian oil and gas may limit export revenues. ...

Britain on Friday announced sanctions against 30 people worldwide, including Russian and Iranian officials, targeting those it deems responsible for acts of torture, sexual violence, and the violent repression of street ...

By Louisa Borg Haviara For centuries, economic sanctions have been used as a weapon of war and included trade bans, closures of ports against enemies, and bans on specific commodity ...

The EU needs to ensure that its Russia sanctions do not negatively impact the bloc or individual member states, especially when it comes to the shipping sector, President Nicos Anastasiades ...

Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural ...

Turkey’s leading TUSIAD business association has received a letter from U.S. Deputy Treasury Secretary Wally Adeyemo warning of possible sanctions risks if companies establish relations with sanctioned Russian ...

A $75-million superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its ...

Russia has charged up to third place in a list of countries outside mainland China using the yuan for global payments, highlighting how it is being affected by Western sanctions. ...