Russian Archives - Page 5 of 7

Biggest shipping groups suspend Russian deliveries

The three biggest container shipping groups in the world announced they were suspending non-essential deliveries to Russia, adding to the country’s economic isolation following a raft of sanctions by the West. Danish

2nd March 2022

Maritime

TUI has Russian oligarch image problem

TUI, the world’s largest tour operator, may have a Russian oligarch problem, as its main shareholder Alexey Mordashov met with Russia’s President Vladimir Putin at the Kremlin last week amid the invasion

2nd March 2022

Business

Banking system ‘unaffected’ by Russian sanctions

Sanctions imposed on Russia following its invasion of Ukraine will not severely impact the island’s banking sector, as it is not exposed to the Russian economy, said Finance Minister Constantinos Petrides. In

2nd March 2022

Business

Russian invasion upends international relations

Russia’s war against Ukraine is a week old, but its consequences are already reverberating across the globe: it has upended international relations, left Moscow isolated, united a previously divided West, and raised

2nd March 2022

Comment/World

Tourism can overcome Russian sanctions

Cyprus is confident it can still have a better tourism season than 2021, despite the war in Ukraine and sanctions imposed on its second-largest market, Russia. In comments to the Cyprus News

1st March 2022

Cyprus/Life & Society

France: Sanctions will cause ‘collapse’ of Russian economy

France said on Tuesday that Western sanctions against Moscow over its invasion of Ukraine will cause the Russian economy to collapse. “We will bring about the collapse of the Russian economy,” Finance

1st March 2022

Europe

Cyprus hopes to buffer impact from banning Russian flights

The ministries of Transport and Tourism are striving to offset the impact of excluding air traffic from Russia. Cyprus, along with the other 26 EU member states, closed its airspace to Russian

28th February 2022

Cyprus/Life & Society

Cyprus conditionally closes airspace to Russian planes

Cyprus Monday closed its airspace to Russian planes under agreed EU sanction but reserved the right to change its mind if Turkey does not do the same. Foreign Minister Ioannis Kasoulides said

28th February 2022

Cyprus/Europe

‘Glory to Ukraine’: hundreds of thousands march against Russian invasion

Dressed in the blue and yellow colours of the Ukraine flag and bearing posters crying “No World War 3”, hundreds of thousands of people descended on the streets Sunday in solidarity with

27th February 2022

World

Cyprus economic shock from Russian bombs

In the aftermath of Russia’s invasion of Ukraine and sanctions could inflict wounds on the Cypriot economy, including trade, higher fuel prices and the key tourism sector where 22% are Russia and

27th February 2022

Cyprus/Economy