More Cypriot companies on US sanctions list

Four more Cyprus-based companies have been sanctioned by the U.S. authorities after evidence emerged tying them to sanctions evasions and contributing to the enhancement of Russia’s energy production. According to a statement


Curious case of sanctions

By Sandra Nebritova   The recent sanctions imposed on a number of Cypriot companies and individuals has cast yet another shadow on our beautiful island. As reported previously, the sanctions have been imposed


An eye on the New Year

By Craig Erlam We’re seeing choppy trade in financial markets on Wednesday in what is always quite thin trade as investors continue the festivities into the new year. And there’s certainly a


PMI shocker from China, Fed hikes rates

By Jeffrey Halley  The extent of the impact of China’s Covid zero-policy on the domestic economy was highlighted Thursday morning as the Caixin Services PMI for April recorded its second-largest fall on