Ukrainian Embassy denounces “Russian propaganda” over Zelenskyy casino story

Ukrainian Embassy denounces “Russian propaganda” over Zelenskyy casino story

The Embassy of Ukraine in Cyprus refuted claims that President Zelenskyy owns a casino resort in the occupied north, calling it a lie spread by Russian propaganda. The embassy emphasized that there is no evidence to support the allegations and warned against trusting unreliable sources and manipulations.

Oil drops more than $1/bbl as OPEC+ decision spotlights shaky demand

Oil drops more than $1/bbl as OPEC+ decision spotlights shaky demand

Oil prices fell more than a barrel on Tuesday due to skepticism about an OPEC+ decision to boost supply later this year.

800 FTI tourists stranded in Cyprus

800 FTI tourists stranded in Cyprus

800 tourists remain in Cyprus awaiting news about their return home after Germany’s third largest tour operator, FTI Touristik GmbH, announced insolvency proceedings. The company cooperated with 160 hotels on the island, but the bankruptcy will not have a significant impact on the market. The stranded holidaymakers are covered by a special fund and will not need to pay more to return home. The German Foreign Ministry and the German Travel Security Fund will manage the repatriation and support of affected tourists.

No evidence of Zelenskyy link to occupied north casino, President says

No evidence of Zelenskyy link to occupied north casino, President says

Cyprus has investigated allegations that Ukrainian President Volodymyr Zelenskyy was involved in purchasing a casino resort in the occupied north but found no evidence to support the claims. The reports linking Zelenskyy to the offshore firm and the purchase of the Vuni Palace Hotel and Casino in Kyrenia were dismissed as fake news by the Russian “GnidaProject” research institute. The Cyprus Investigative Reporting Network (CIReN) also pointed out that the website used as a source for the allegations was fake, created just days before the claims were made.

WTI below $74.00 as OPEC+ plan to ease output cuts

WTI below $74.00 as OPEC+ plan to ease output cuts

The drop in crude oil prices is attributed to OPEC+ announcing a gradual plan to ease some of their oil production cuts.

The fine print of Russia’s proposed tax hikes on personal income and corporate profits — Meduza

The fine print of Russia’s proposed tax hikes on personal income and corporate profits — Meduza

Fact: Russia’s Finance Ministry has submitted legislation to reintroduce progressive taxes on personal income, with the progressive scale starting with annual incomes exceeding 2.4 million rubles (,100).

No intention to allow return of Parthenon Marbles, UK says

No intention to allow return of Parthenon Marbles, UK says

The Greek delegation presented the history of the Parthenon Marbles case, emphasizing the violent removal of the sculptures and the poor conditions of their preservation at the British Museum. Efforts to engage in dialogue with the UK have been fruitless, and the Marbles are considered an integral part of Greek cultural heritage. The UK reiterated that existing laws do not allow for the return of the Marbles to Greece, despite strong support from numerous countries for their repatriation.

How impartial can the UN in Cyprus really be?

How impartial can the UN in Cyprus really be?

Turkish Cypriots have lost confidence in the UN and Unficyp and do not consent to their presence in northern Cyprus. The funding for Unficyp in Cyprus is paid for by Cyprus and Greece, raising concerns about the impartiality of the UN forces in Cyprus. The UN could have asked the UK, Greece, and Turkey to contribute to the funding to avoid a conflict of interest. Without confidence in the UN, any proposals from them will be rejected.

Russia proposes higher income taxes for the well-off

Russia proposes higher income taxes for the well-off

Russia’s finance ministry proposed introducing extra progressive income tax rates for those earning more than 2.4 million roubles annually, as well as raising the mineral extraction tax for fertiliser and iron ore producers.