The US and UK have placed 13 Cypriot entities and individuals on sanctions lists for allegedly enabling Russian oligarchs but this sparked an alarming number of layoffs and hundreds of employees remaining unpaid. Because bank accounts and other assets belonging to the alleged “financial fixers” of Roman Abramovich and Alisher Usmanov – close allies of … Continue reading Layoffs and hundreds of unpaid employees in Cyprus as a result of US, UK sanctions