Russian companies have been increasingly leaving Cyprus as Western sanctions impact their ability to operate, the Russian state-controlled media outlet Kommersant wrote on Jan. 16.
Key updates on Jan. 17: House Speaker Johnson says no deal on border, Ukraine aid currently possible ahead of meeting in White House Military intelligence: Railways in western Russia hit by sabotage attacks Germany delivers tank ammunition, vehicles to Ukraine RFE/RL journalist wounded in Russian mortar attack in Zaporizhzhia
Key updates on Jan. 17: House Speaker Johnson says no deal on border, Ukraine aid currently possible ahead of meeting in White House Military intelligence: Railways in western Russia hit by sabotage attacks Germany delivers tank ammunition, vehicles to Ukraine RFE/RL journalist wounded in Russian mortar attack in Zaporizhzhia Oblast Media: Sanctions forcing Russian companies out of Cyprus As U.S. President Joe Biden and top congressional leaders from both parties are set to meet on Jan. 17, Speaker of the House Mike Johnson said that the time is not right for a deal on immigration and border issues that could pave the way for approval of new aid for Ukraine.
Russians who plan to buy property abroad are most interested in investing in Cyprus and Hungary, Russian media outlet RBC reported on Nov. 22, citing research from real estate agency NF Group.
Cypriot President Nikos Christodoulides told the Associated Press on Nov. 20 that he had invited financial crime experts from an unnamed third-party country to assist with investigations into the use of Cyprus as a means of circumventing sanctions against Russia.