Qatar has found its way back to the green category on Cyprus’ safe travel list based on the country’s COVID-19 epidemiological risk. Cyprus has lifted all travel restrictions for the fully jabbed, while classifying countries according to their COVID risk, with rules applicable to passengers without a vaccination or recovery record. There are now five
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Cyprus’ dreams of building the ambitious EastMed natural gas pipeline from Israel to Europe may not be dead in the water just yet, as the war in Ukraine and sanctions on Russia have meant that the EU may be looking for alternative energy sources. Russia’s invasion of Ukraine earlier in February and the sanctions that
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Motorists in Cyprus are back to reaching deep into their pockets to fill up their vehicles, following a short-lived respite after the government’s intervention to slash the consumer tax on fuel. Under public pressure, the decision came into effect last Tuesday, as a response to soaring inflation in recent months, compounded by the war in
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By Hussein Sayed, Chief Market Strategist at Exinity US Treasuries came under pressure early Monday as investors saw some hopes for progress in the Russia-Ukraine talks, even as the war continues to rage. As a result, 10-year bond yields climbed another six basis points in Asia trade, testing 2.06% to recover all of the 40-basis
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Although Russia does not account for a significant revenue share for Apple products, the tech giant’s exit will likely leave a mark on its smartphone sales that have been growing in the country. Based on a 15% market share, estimating daily sales at about $3.1 mln, annual losses as a result of the Russia-Ukraine conflict
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Chelsea shrugged off uncertainty over the club’s future to beat Newcastle 1-0 thanks to Kai Havertz’s late goal at Stamford Bridge on Sunday, while Arsenal moved into the top four with a 2-0 win over Leicester. The European champions are still reeling from the impact of the sanctions placed on billionaire owner Roman Abramovich by
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Cyprus reported three coronavirus deaths on Sunday, raising the death toll on the second anniversary of the pandemic to 902, as new daily cases remained below the 3,000 mark and receded to 2,314, with hospitalisations dropping to 107, of whom 17 are critical. After daily infections dropped below 2,000 two weeks ago and a level
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By Brigitte Hagemann Even as Italy’s Mario Draghi voices firm opposition to Russia’s invasion of Ukraine, the country’s dependence on Russian gas puts the prime minister in a tight spot. Italy was criticised by some European allies for dragging its feet before agreeing to impose tough sanctions on Russia, but is now firmly on Moscow’s
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Roman Abramovich has been disqualified as a Chelsea director by the Premier League board, while Hyundai became the latest major sponsor to suspend their deal with the troubled club after the British government sanctioned the Russian billionaire. Chelsea owner Abramovich was one of seven more oligarchs sanctioned this week by the UK following Russia’s invasion
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Nobody would have imagined that on its 117th birthday, Chelsea Football Club would be plunged into chaos and uncertainty after sanctions against owner Roman Abramovich. The UK government has frozen the Russian billionaire’s assets, including his most famous possession Chelsea, the reigning European and Club World Champions. Sanctions are not so much about dirty money
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