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G7 will try to use frozen Russian assets to help Ukraine

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The G7 is considering using future income from frozen Russian assets to support Ukraine, with the potential of providing Kyiv with a loan of up to billion. The group is also addressing concerns about China’s industrial practices and aims to sign off on a global minimum tax rate for multinationals. Additionally, the G7 is urging Israel to maintain banking links between Israeli and Palestinian banks to ensure vital transactions can continue.

Mass claim from 2013 haircut victims dismissed at World Bank

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Mass claim from 2013 haircut victims dismissed at World Bank

Fact: An ‘unprecedented mass claim’ of Laiki and Bank of Cyprus depositors and bondholders amounting to US0 million was dismissed at the International Arbitral Tribunal of the World Bank.

10 arrested after scuffle with police released

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10 arrested after scuffle with police released

Ten people arrested after scuffle with police during protest in Limassol were released on Monday. One police officer was injured with injuries to his pelvis and knee. The protesters were demonstrating over the death of 24-year-old Bangladeshi national Anisur Rahman, who died after jumping from a fifth-floor apartment during a police raid. Police accused the protesters of various offenses, including assaulting a police officer. Police do not require a warrant to enter residential properties for certain purposes.