Russia’s invasion of Ukraine has prompted a wave of sanctions as global leaders seek to ramp up pressure on the Kremlin. As Russia’s military closes in on Kyiv and Ukrainian refugees pour
By Han Tan, Chief Market Analyst at Exinity Group Markets are peeking out from behind the risk-off curtain, as sanctions announced by the US, UK, and Europe against Russia didn’t live up
Britain on Tuesday slapped sanctions on five Russian banks and three billionaires in what Prime Minister Boris Johnson called “the first barrage” of measures in response to the Kremlin’s actions in Ukraine.
Interior Minister Nicos Nouris has asked for EU sanctions against Turkish airlines that systematically carry irregular migrants to Turkish-occupied Cyprus, crossing the divide into the republic. Nouris supported the need for active
EU foreign ministers have assessed measures – including sanctions – they could take against Turkey for reopening the fenced-off abandoned beach resort of Varosha. The EU’s foreign policy chief, Josep Borrell, said
Cyprus-based shipowners and ship-managers advocate shipping need to be governed by global regulations and not local or regional rules that create unfair competition in the industry. Lobby groups such as the Cyprus
European Union leaders pledged to expand a sanctions list against Turkish individuals targeted with travel bans and asset freezes over ‘illegal’ energy exploration in the eastern Mediterranean. Brussels stopped short of moving
Brussels will impose more sanctions against Turkey over its drilling activity in the eastern Mediterranean but Cyprus and Greece urge EU leaders to make them tougher. If agreed at a summit on
In a mixed outcome for Cyprus, EU leaders agreed on a dual approach towards Turkey for its actions in the Eastern Mediterranean, maintaining the option of sanctions while monitoring developments until December.
Greece supports Cyprus in seeking targeted sanctions against Turkey for violating its territorial water in exploratory gas drilling, Greek Foreign Ministry spokesperson Alexandros Gennimatas said on Friday. Gennimatas was replying to a
