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Geopolitics In The News Society

Fidias Has The Floor? An Influencer’s “Prank” Election Shakes Up The European Parliament

He ran “for fun,” filmed every step, and turned controversy into content. Now, from the back row of Brussels, Panayiotou is rewriting what it means to be an MEP in the age of the algorithm.

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Future Geopolitics

Yes, GPS Is Getting Worse — Will We Have To Go Back To Regular Maps?

From war zone risks to head-scratching tourists, the manipulation of the GPS navigation system by hackers (jamming and spoofing) can wreak havoc on our modern habits of relying on real-time digital mapping apps. The surest alternative may be going back to paper maps.

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Economy Geopolitics

Wealthy Russians Are Back To Buying Real Estate In Europe — Sanctions Be Damned

After the start of the war in Ukraine, Russian oligarchs and other rich individuals turned to the real estate markets in Dubai and Turkey. Now Russian buyers are back in Europe. Three EU countries in particular are attracting buyers for their controversial “golden visa” program.

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Economy Ideas

Golden Passports, Citizenship For Sale From Cyprus To The Caribbean

MOSCOW — ​Last month, the Interior Minister of Cyprus Constantinos Petrides announced the revocation of 26 “citizenships by investment” that had been granted before stricter criteria of this program was introduced in 2018. Though Petrides refused to name those who had lost their so-called “golden passports’, Kommersant has recently revealed some of the names on […]

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In The News

Striking Politics When Drilling For Gas In Mediterranean

-Analysis- PARIS — Drilling operations have begun off the coast of Cyprus despite Ankara’s threats against the Cypriot government. And for French oil and gas multinational Total and its Italian partner, ENI, hopes for a huge payout are running high. As IHS Markit reported earlier this year, the “Onisiforos’ operation, as it’s known, is expected […]

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Economy Geopolitics

When Brexit Hits Cyprus, Isle Of Offshore Banking And British Expats

Britain’s decision to leave the EU is having a ripple effect on the island nation of Cyprus, where ex-pats and tourism operators are already feeling the pinch. But there may be a more long-term windfall in the finance industry.

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Economy

From Poland, No Pity For Cypriots — Or Ourselves

When a crooked system is allowed to fester, there are few who are free of blame — and little chance we will remained unscathed. A view from the European Union’s eastern front.

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Economy

Vultures Circle Over Cyprus – Will Bailout Deal Spell Doom For Island Nation?

NICOSIA – The festival atmosphere on this sunny morning in Nicosia doesn’t match the bad vibes coming out of Brussels. The Faneromeni church in the heart of Cyprus’s capital is decked out with garlands made of hundreds of blue and white Greek flags and Cypriot flags with the shape of the island nation depicted in […]

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Ideas

Bailout Paradox: Who Earns More Than Germans? Italians, Spaniards…And Cypriots Too

A new report finds that southern European households have higher net household income than places like Germany, which is shelling out euro bailout cash. Things must change.

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Economy

Our Country In Ruins – Young People In Cyprus Start To Panic

NICOSIA – Cyprus is in a state of shock. The banks have been closed for days and somehow, the country has to raise 5.8 billion euros to qualify for the bailout package proposed by euro zone finance ministers. The initial rejection by the Cypriot parliament to the controversial bank account levy plan, has left this […]

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Economy

The Hidden Truth In Russia’s Opposition To Cyprus Bailout Deal

NICOSIA – The Cyprus Parliament’s initial rejection of the terms of the European Union bailout plan is bad news for Russia. The opposition to the required taxes on bank deposits means the risk is rising of a long-term freezing of corporate assets in Cyprus. Meanwhile new proposals for taxes on depositors in the island could […]

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Economy

Cyprus Bailout Has Strings Attached – Well, It’s About Time

It’s the failure of an entire business model, not just a few banks. Who might be next?

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Economy

A Visit To The Island Nation Of Cyprus, Europe’s Dodgy New Fiscal Haven

NICOSIA – The moment you arrive in Cyprus you sense something about the little eastern Mediterranean island that sets it apart from its European neighbors. There are an unusual number of men in suits carrying briefcases. And the bright billboards on the streets leading from the airport have Cyrillic writing on them. Some of the […]

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