Russia sanctions on shipping ‘manageable’

The impact of European Union measures against Russia on Cyprus’ maritime industry is “totally manageable,” said shipping minister Vassilis Demetriades. Briefing the parliamentary committee on budgetary affairs, Demetriades said that 144 ships

Cyprus wary of harsher Russia sanctions

Cyprus is expected to join Hungary and Malta in opposing tougher European Union sanctions on Russia over its invasion of Ukraine, reported the Financial Times. The bloc has already issued seven sanction

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KGB stalwart new Cyprus ambassador

Former KGB officer Murat Zyazikov, once President of the Russian Republic of Ingushetia, has been appointed Russia’s ambassador to Cyprus, according to a decree by the Kremlin. He succeeds Stanislav Osadchiy, who

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Gorbachev, a pioneering history man

The last Soviet leader, Michael Gorbachev, passed away on Tuesday at a Moscow hospital after being treated for a long and serious illness, according to his doctors. UN Secretary-General Antonio Guterres called

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We’re here, finally

By Jeffrey Halley         After what seems like an interminable wait, we are finally at FOMC day. Markets have baked another 75 basis points into their loaves of bread, but it’s going to

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The waiting game

By Jeffrey Halley         Markets were quiet overnight ahead of a deluge of tier-1 earnings, data, and the US FOMC policy decision over the rest of the week. Equities, currencies, oil and precious

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