- + Germany charges seven Central Asians with forming terror group—Five are Tajik nationals. Headache for Rahmon regime with Tajikistan looking increasingly like a major recruiting ground for international terrorists....
- + Ghana inks nuclear power agreement with China, advancing clean energy goals—Nuclear Power Ghana Limited and China National Nuclear Corporation Overseas Limited have sealed a deal, marking a milestone in Ghana's energy ... [Aut...
- + NBU cuts rates 100bp to 13.5% on falling inflation—The National Bank of Ukraine (NBU) lowered the key policy rate by 100bp to 13.5% on April 25 and improved its inflation forecast as price pressure eas...
- + Romania already exceeded EU’s 2030 green transition target—By 2022, Romania had brought its greenhouse gas emissions down by 56% compared to 1990, above the 55% target set by the EU. [Author: Iulian Ernst in B...
- + Bulgaria to lose €665mn under recovery plan after delaying liberalisation of power market—Experts suggest the country could lose all of the remaining €4.4bn allocated under the recovery plan over delayed or failed reforms. [Author: Denitsa ...
- + Ahold Delhaize picks Bucharest for new technology hub—Belgian retail group to hire 250 experts to develop applications for all the group’s brands across Europe. [Author: bne IntelliNews]
- + BOFIT: The long-awaited new US aid package brings military support to Ukraine—After a long wait, the US aid package for Ukraine of almost $61bn got the last seal with President Biden's signature on April 24, 2024. The sizeable p...
- + IMF: Sub-Saharan Africa's growth requires quality education for growing population —Demographic transition may be the biggest single opportunity for the economies of sub-Saharan Africa, but countries will only be able to enjoy the div...
- + South Africa needs surplus electricity from solar plants, says minister—South Africa’s Electricity Minister Kgosientsho Ramokgopa has called for discussions to assess ways of making surplus electricity from existing ... [A...
- + Orban: Hungary is island in the European progressive liberal ocean—“We must drain the swamp in Brussels in June and in Washington in November,” Hungarian premier says. [Author: Tamas Csonka in Budapest]
- + European Parliament rules Russia’s presidential election illegitimate, calls Putin a "murderer"—In a sting blow for the Kremlin, the European Parliament ruled that Russia’s presidential election was illegitimate and blamed Russian President Vladi...
- + Poland in two minds over Ukraine’s efforts to bring conscription-age men home—Poland is ready to help Ukraine bring conscription-age men home after Kyiv stepped up its mobilisation effort, a top government official said this wee...
- + Sunak and Scholz promise to back Ukraine as UK hikes defence spending—British Prime Minister Rishi Sunak met with German Chancellor Olaf Scholz in Berlin and promised closer defence cooperation as the UK announced a larg...
- + Kuwait reacts angrily to being cut out of Iraq and Turkey’s transport project —Kuwait witnessed a wave of angry reactions on April 25 after Iraq, Qatar, the United Arab Emirates and Turkey signed a quadrilateral memorandum of und...
- + Turkey keeps policy rate constant at 50%—Central bank is, notably, no longer talking about building up its reserves in parallel with so-called monetary framework simplification policy. [Autho...
- + Bankers reassessing accelerating climate crisis in anticipation of trillions of dollars of annual damage—As the climate crisis accelerates, banks are facing increasing financial risks and have begun to try to assess their exposure to the trillions of doll...
- + Unpacking the return of Venezuela oil sanctions—The United States has decided not to renew General Licence 44, which previously authorised transactions linked to Venezuela's oil and gas sector, pena...
- + EU warns Georgia that 'foreign agents' bill could block accession hopes —The European Parliament has called for Georgia’s accession process to be suspended if the Georgian parliament passes the so-called “foreign agent" la...
- + Russia for first time overtakes Turkmenistan in gas exports to China—Russia in February for the first time overtook Turkmenistan on a monthly basis to become the largest pipeline supplier of natural gas to China, ... [A...
- + Zimbabwe commits to annual independent audits of its gold reserves underpinning new ZiG currency—Zimbabwe's government will ensure its gold reserves which underpin its newly-introduced currency, would be independently audited once yearly, The ... ...
- + Uzbekistan’s key rate held at 14% as central bank points to fears over reacceleration of inflation—Uzbekistan's central bank on April 25 kept its benchmark interest rate on hold at 14%, pointing to risks that inflation could once more accelerate. .....
- + Putinomics: Russia’s oil and gas revenue to double in April —Russia’s oil and gas revenues surged in the first three months of this year by 79%, but Reuters calculated they will double in April compared to the s...
- + Russia already treating Bosnia’s Republika Srpska as an independent state—Use of Republika Srpska’s flag alongside national flags at St Petersburg conference seen as a possible green light by Russia for Bosnian Serb leader M...
- + North Macedonia’s opposition VMRO-DPMNE candidate takes strong lead in first round of presidential election—Incumbent President Stevo Pendarovski trails Gordana Siljanovska Davkova as voters punish ruling SDSM. [Author: Valentina Dimitrievska in Skopje]
- + CEE recovering but no full rebound in sight, says wiiw—Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies. [Author: Clare Nuttall in Glasgow]
- + Slovakia’s cabinet approves legislation to restructure public broadcaster—New bill will allow government to change leadership of party broadcaster, while 'ethical council' will oversee content. [Author: Albin Sybera]
- + Ukraine recovery: the mountain to climb—A new report released by the Center for European Policy Analysis (CEPA) estimates the total damages from the Ukraine war at between $485bn and $1 tril...
- + Iraq recovers thousands of antiquities, calls for antiquities law reform—Iraq's Ministry of Culture, Tourism and Antiquities has received thousands of returned archaeological pieces following a push by the central governmen...
- + US secretly sent long-range missiles to Ukraine in February—The US secretly sent Ukraine long-range missiles in February ahead of the new $61bn aid package on April 20 that Kyiv used for the first time this wee...
- + South Africa launches cryptocurrency study—South Africa’s central bank has initiated studies to explore the feasibility of permitting fiat-backed stable coins to undergo testing within a ... [A...
- + Russian Deputy Defence Minister suspected of treason, say reports—Russian Deputy Defence Minister Timur Ivanov, arrested on April 23 on charges of bribery, may actually have been arrested for treason, independent Rus...
- + The models are wrong, climate change is accelerating faster than predicted—Scientists are starting to realise that the climate models they have been using to predict the rate of global warming are wrong as it becomes clear te...
- + Romanian consumer protection body begins investigation into Temu and Shein—ANPC reportedly suspects violations of legislation on product safety and consumer protection through tactics such as inauthentic discounts, aggressive...
- + Iran presses Afghanistan's Taliban to uphold water-sharing agreement —An Iranian environmental official accused the Afghan Taliban of intentionally redirecting overflow waters of the shared Hirmand River to prevent its i...
- + Tajikistan striving to convince the world that it can contain terrorism—Dushanbe’s strategy ignores underlying sources of radicalisation. [Author: Eurasianet]
- + IMF: Paying Africa’s Climate bill —The world's poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot afford. [Author: MICHAEL OLABISI is ...
- + Saudi Arabia eyes 320,000 new hotel rooms to meet soaring tourism goals—Saudi Arabia is projected to have 320,000 new hotel rooms by 2030 as the Kingdom ramps up efforts to accommodate an annual influx of 150mn tourists, b...
- + ENRG advances surveying at Niger uranium project Agadez within highly prospective Tim Mersoi Basin—ENRG Elements, which focuses on exploring and developing uranium and copper projects, has used radiometrics and a recent trenching program to identify...
- + Record rainfall hits Kyiv as meteorologists warn of flood risk—Meteorologists in the Ukrainian capital of Kyiv recorded unprecedented rainfall ... [Author: bne IntelliNews]
- + Hidroelectrica effect sets off new wave of IPOs on Bucharest Stock Exchange —Both Premier Energy and JT Grup Oil have announced listing plans in recent days after hydropower giant gave boost to the market with 2023 IPO. [Author...
- + Turkey, Iraq, Qatar and UAE ink initial Development Road transit corridor agreement—Turkey, Iraq, Qatar and UAE have inked a preliminary agreement to cooperate on the Development Road project, which envisages the transit of goods ... ...
- + Romanian fuel distribution company JT Grup Oil plans Bucharest IPO—IPO announcement comes after Premier Energy announced a similar step earlier in April. [Author: Iulian Ernst in Bucharest]
- + Ukraine's DTEK seeks $350mn to restore energy capacity after Russian attacks—Ukraine's leading private energy company, DTEK, has sounded the alarm, indicating an urgent need for $350mn to recuperate lost capacity from war damag...
- + Serbia takes aim at investment grade rating from S&P by end-2024—Earlier this month, S&P upgraded its outlook on Serbia to positive from stable, maintaining the country's 'BB+/B' ratings. [Author: bne IntelliNew...
- + China takes the lead in green technology —China has taken the lead in green technology. President Xi Jinping highlighting the country's dominance in key segments of this burgeoning industry th...
- + Russian oil depo at Yartsevo in the Smolensk region set on fire by Ukrainian drone attack —Ukraine drones hit and set on fire the RosNeft oil depot in the Yartsevo, Smolensk region as the sun began to rise on April 24. [Author: bne IntelliNe...
- + More than €15bn of Chinese investments underway in Hungary, says foreign minister—Hungary has become the primary European destination of Chinese corporate investments, with a string of investments targeting the battery industry. [Au...
- + Hungarian rate-setters slow pace of rate cuts to 50bp at April meeting—The Monetary Council of the National Bank (MNB) reduced the base rate by 50bp to 7.75% in line with projections, slowing down the pace of monetary eas...
- + Slovak unemployment inched further down to 3.88% in March—March unemployment in Slovakia was 3.88%, which is marginally down from 3.92% in February and 0.41 percentage points lower year on year.There ... [Aut...
- + Poland’s industrial production disappoints in March as output declines 6% y/y —Poland’s industrial production fell 6% year on year in constant prices in March (chart), after a gain of 3.3% y/y the preceding month, unadjusted data...
- + Unstable dams mean Chernobyl-scale nuclear disaster threatens Central Asia’s Fergana valley —Studies show Soviet-era radioactive waste disposal facilities became unreliable following 2017 landslide. [Author: bne IntelliNews]
- + Zimbabwe nabs 65 illegal currency traders as new gold-backed ZIG slides on parallel market—Zimbabwe's government has, in response to a depreciation of a currency introduced on April 8, arrested 65 alleged illegal currency dealers and closed ...
- + How Kazakhstan leveraged “uranium power” to hold reins in nuclear fuel dealings with China—Researcher says Kazakhstan is no mere “node in Beijing’s transregional geoeconomic strategy”. Such thinking obscures Chinese actors’ adaptive approach...
- + South Africa's Zuma tries to sell carbon credits to Russian NGO after Zimbabwe failure —Jacob Zuma is discussing trading carbon credits with a Russian NGO, facilitated by a new Belarusian entity, in a “puzzling shift to environmental trad...
- + Egypt's mineral wealth: shifting away from oil and gas dependence—Egypt has a big opportunity to diversify its economy away from reliance on oil and gas by exploiting the country’s largely untapped mineral wealth. [A...
- + COMMENT: The EU's policy dilemma in Georgia – choosing between bad and worse—Freezing Georgia’s progress towards EU accession over the ‘foreign agents’ bill could alienate the Georgian population and bring much joy to the EU’s ...
- + Czech prosecutors indict former president's top aide for embezzlement—Vratislav Mynar was at the centre of many of the scandals surrounding Milos Zeman's two terms as president. [Author: Albin Sybera]
- + President Duda says Poland 'ready' to host nuclear weapons—Government queries president's comments, while Moscow attacks them as "provocative". [Author: Wojciech Kosc in Warsaw]
- + Future of Emerging Europe’s hybrid regimes hangs in the balance —With Emerging Europe increasingly polarised between democracies and authoritarian states, it is unclear in which direction the hybrid regimes – which ...
- + Tajik foreign minister hits out at Russia’s apparent torturing of terrorism accused—"Use of torture in form of bodily mutilation unacceptable. Price of confessions extracted this way well known to everyone," says Sirojiddin Muhriddin....
- + Central Asian states have a coal dependency problem – report—Coal addiction in Kazakhstan and Kyrgyzstan fuels regional global warming conundrum. [Author: Eurasianet]
- + Iran escalates hijab crackdown amid heightened regional tensions—As Iran grapples with growing regional tensions with Israel, the police forces across the country have announced the resumed enforcement of mandatory ...
- + TEL AVIV BLOG: Experiences on the ground in Israel as Iran strikes—Since October 7, tension has gripped the air in Israel with a tighter grasp than I’ve ever experienced in previous conflicts. [Author: Mathew Cohen in...
- + Gulf Arab states urge restraint in Israel, Iran escalation—Saudi Arabia, Kuwait and the United Arab Emirates have expressed deep concerns over the recent military escalation in the Middle East following Iran's...
- + Iran summons British, French, German envoys over stance on retaliatory attack—Iran's foreign ministry summoned the ambassadors of Britain, France and Germany on April 14 for their respective countries' "irresponsible positions" ...
- + Iran cancels all flights to all airports amid tension with Israel —Iran has suspended all flights to and from major airports until April 15th due to ongoing tensions with Israel following Iran's retaliatory strikes on...
- + Iran's attempt at a "Goldilocks retaliation" strike on Israel was designed to fail, but tensions remain high—Iran launched its first ever direct military attack on Israel on April 13 after decades of proxy war hostilities. As the dust settles the following mo...
- + Estonia’s interior minister set to classify Moscow Patriarchate church as terror organisation—Estonian Interior Minister Lauri Laanemets said he is set to propose to the country’s parliament Riigikogu that they declare the Moscow-based Orthodox...
- + Iran's President Raisi vows severe retaliation against Israel after missile strikes—Iranian President Ebrahim Raisi issued a stern warning to Israel on April 14, stating that Iran's armed forces will deliver a "heavier and more regret...
- + Iran announces end of retaliatory operation on Israel, no intention to continue —Mohammad Baqeri, Chief of Staff of the Armed Forces, said Iran's strike on Israel had successfully concluded. [Author: bne Tehran bureau]
- + Iran vs Israel: Who is better equipped for war?—The spark has been lit, and the drumbeats of war are sounding in the tumultuous Middle East. [Author: bne IntelliNews]
- + BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel—Iraqi Minister of Transport Razzaq Al-Saadawi has announced the closure of Iraqi airspace [Author: bne Tehran bureau]
- + BREAKING: Iran launches dozens of drones headed for Israel —Iran has launched dozens of drones from the west of the country, which are currently headed toward Israel. [Author: bne Tehran bureau]
- + Netanyahu family wait at billionaire’s missile-proof house in Jerusalem—Israeli Prime Minister Benjamin Netanyahu and his wife Sara spent the weekend at the luxury villa of American billionaire Simon Falic in Jerusalem. [A...
- + How much damage can Ukraine’s drone attacks on Russian oil refineries do? —Since the beginning of the year, Ukrainian drones have attacked over two dozen Russian oil refineries and several oil depots in the first sustained ca...
- + Iranian MP says Tehran will not initiate war but could 'eliminate' Israel—Mojtaba Zonouri, the vice speaker of the Iranian parliament, said Iran has no intention of initiating a war but could “eliminate” Israel. [Author: bne...
- + Poland’s ruling coalition pushes forward with conflicting proposals on changing abortion law—A special commission will now look at the proposals in order to hammer out a compromise text. [Author: Wojciech Kosc in Warsaw]
- + Global airlines suspend flights to and over Iran—KLM of the Netherlands, Qantas of Australia and Austrian Airlines have suspended flights over Iran, and Germany's Lufthansa has stopped flying into th...
- + Global warming and war redraws undersea internet cable connections map —A 14,500-kilometre subsea cable project in the Arctic will redraw the international data traffic route, offering a strategic alternative away from vul...
- + BOFIT: Russia’s overall economic performance steady in February; construction investment has supported wartime growth—The central factor supporting Russian economic growth last year was the sharp increase in fixed capital investment. Increased budget spending was also...
- + PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions—Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan going ahead with “Birlestik-2024”. Russian consternation is growing. [Author: Bruce Pann...
- + ISTANBUL BLOG: Erdogan drone boys become Forbes billionaires—To some, Selcuk Bayraktar is seen as the likely next Turkish president. But staying out of trolling spats over Israel “deliveries” might be good advic...
- + South Africa’s power utility Eskom aims to limit unplanned breakdowns during winter—South Africa’s state-owned electricity utility Eskom is poised to unveil its winter outlook by the end of April but cautions that nationally ... [Auth...
- + CEE falling inflation trend comes to an end—After spiking to 20-year highs thanks to the pandemic and Europe’s Russian induced energy crisis, inflation rates across the EU have tumbled in recent...
- + Hungary announces postponement of investments to meet new deficit target—Analysts calculate that the postponement of HUF675bn (€1.73bn) of state investments will not be enough and that some HUF1.1 trillion of fiscal consoli...
- + Russia's military forces are 15% bigger than they were at start of war, says US intelligence—Russia is reconstituting its army far faster than initial estimates suggested, US Army General Christopher Cavoli, Nato's Supreme Allied Commander in ...
- + Poland’s Orlen paid $400mn to scammers for oil that never arrived—'National champion' oil group humiliated by deal with unchecked middleman in scandal that only emerged after dismissal of CEO appointed by PiS governm...
- + Russian coal exports barely break even—Export prices for Russian thermal coal have fallen to their lowest since 2021 due to low demand in major export markets that are being served from the...
- + Lukoil expands in Kazakhstan—Lukoil is expanding its oil and gas operations in Kazakhstan, amid limited overseas opportunities for the company because of Russia’s increased intern...
- + Viktor Orban blasts Migration Pact as "another nail in the coffin" of EU—"The MigrationPact is another nail in the coffin of the European Union. Unity is dead, secure borders are no more. Hungary will never give in to the m...
- + MOL opens largest green hydrogen plant near Budapest in CEE region—Hungarian oil and gas giant MOL has inaugurated one of Europe's largest green hydrogen plants and the biggest in CEE to support refinery operations at...
- + Czech opposition tries to hold parliamentary session on PM’s financial affairs—Fiala had a holding in PDZ fund suspected of money laundering. [Author: Albin Sybera]
- + Hungary’s CPI edges lower, but price pressures remain in service sector—Consumer prices in Hungary rose 3.6% y/y in March, but services' prices rose almost 10%. [Author: Tamas Csonka in Budapest]
- + COMMENT: The Three Seas Initiative's digital imperative —While digital infrastructure in the region is growing, support infrastructure designed to handle the growth in demand is what requires investment. [Au...
- + Western intelligence: Iran is preparing to attack Israel—The already fragile security landscape in the Middle East has been rocked by the outbreak of war between Israel and Hamas, with the spectre of an even...
- + Kyrgyzstan now a country marked by “broader Central Asian trend of authoritarian consolidation”, says Freedom House report—Kyrgyzstan is a country now marked by the “broader Central Asian trend of authoritarian consolidation”, according to the newly released Freedom ... [A...
- + Poland begins big abortion debate that could rock Tusk government—Conservative coalition deputies likely to vote down liberalisation, resulting in a spectacular government defeat. [Author: Wojciech Kosc in Warsaw]
- + Administered price hikes will take bite out of Uzbekistan growth, says ADB report—Uzbekistan’s growth rate is forecast to weaken to 5.5% in 2024 from last year’s 6% and 2022’s 5.7%, according to the newly released ... [Author: bne I...
- + IEA: Methane emissions at an all-time high need to be reduced by 75% by 2030 at a cost of $170bn—Methane emissions are 80 times more damaging than carbon dioxide. Rather than falling, they are currently at an all-time high and rising. The IEA says...
- + Ukraine's ammo crisis mounts on stalled US aid—General Christopher Cavoli, the top US commander in Europe, cautioned during a congressional hearing on April 10 that Ukraine is on the brink of runni...
- + Poland's Tusk says no to freshly agreed EU migration deal—Poland, Slovakia and Hungary slam European Parliament's migration compromise. [Author: Wojciech Kosc in Warsaw]
- + Ghana’s Tema Oil Refinery denies alleged Chinese takeover push amid whistleblower claims—TOR, a 45,000-bpd facility, has been plagued by issues since an explosion at its crude distillation unit in early 2017 and was closed completely betwe...
- + 100,000 forced from homes in Kazakhstan by “biblical” flooding linked to climate change—Rapid snowmelt amid sudden weather change, combined with heavy rains and already waterlogged ground prove a disastrous combination. [Author: Kanat Sha...
- + The EU is preparing a new, fourteenth package of sanctions—The EU is preparing a new fourteenth package of sanctions that is slated for adoption in the coming months, but is unlikely to introduce any new produ...
- + CAUCASUS BLOG: What's behind the Georgian government's revival of the foreign agents law?—Bill targeting NGOs and independent media comes as the ruling Georgian Dream party faces a tough challenge at this October's parliamentary elections. ...
- + China moves past India as top importer of Russian crude via sea—China has emerged as the foremost purchaser of Russian seaborne crude, outstripping India's import volumes, according to data from energy cargo tracke...
- + China expanding security footprint in Central Asia—Uzbekistan strives to improve ability to combat extremism, drug trafficking and cybercrime. [Author: Eurasianet]
- + Czechoslovak Group’s revenues rise 71% in 2023 as defence booms—Over 60% of the group’s revenues were generated in the CSG defence division, which specialises in production of ground military equipment and large-ca...
- + E.ON building big solar farm for BMW's Hungarian EV plant—BMW is building a €1bn vehicle plant and a €1bn battery plant in Hungary's fastest-growing industrial hub. [Author: Tamas Csonka in Budapest]
- + Russia’s Sber posts $4bn RAS profit in 1Q24—Russia’s largest bank state-controlled Sber (Sberbank) posted RUB129bn profit in March 2024, up by 7% in seasonally adjusted month-on-month terms ... ...
- + Disrupted refining boosts Russian oil exports in March—Russian oil companies significantly increased offshore oil exports to 3.8mn barrels per day in March 2024 amid refinery utilisation problems, up by 5%...
- + EBRD announces profit of €2.1bn in 2023—The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profi...
- + Polish energy stocks fall after government hints at dropping plan to carve out coal assets—Industry minister says new plan is to link coal-fired power plants with specific mines instead. [Author: Wojciech Kosc in Warsaw]
- + Slovak industry stagnates in February—Industrial production increased by 0.4% month-on-month. [Author: Albin Sybera]
- + Czech inflation stagnated at 2% in March —Consumer price indices (inflation) in Czechia remained at 2% in March, the same year-on-year growth as in February, which is the lowest inflation rate...
- + Kremlin tries to link Hunter Biden to financing of Moscow’s Crocus City Hall terrorist massacre —Russia’s Investigative Committee launched a criminal investigation into the financing of terrorism in Russia on April 9, with focus on a board of dire...
- + Chinese investment in electrochemical energy storage facility breaks ground in Uzbekistan—China's largest overseas investment in a single-unit electrochemical energy storage initiative has broken ground in Angren, Uzbekistan. The Rochi ... ...
- + Yakunin wins final appeal in drone flying over Svalbard legal saga—Norway’s Halogaland Court of Appeal concluded a legal saga surrounding British-Russian businessman Andrey Yakunin, the son of Russia’s sanctioned form...
- + Less than 60 companies linked to 80% of GHG emissions since 2016—Just 57 fossil fuel and cement producers were responsible for 80% of global fossil CO2 emissions since the Paris Agreement, says a new report. [Author...
- + US Treasury Secretary won’t rule out tariffs on China’s green exports, EU launches probe —US Treasury Secretary Janet Yellen, while visiting China, said she will not rule out more tariffs on China’s green exports such as solar products and ...
- + Ukraine faces agricultural sector pressures in EU accession talks—Tariffs on Ukrainian agricultural products are a pivotal sticking point in EU accession negotiations, sparking the need for a major reform of the bloc...
- + Nigeria's mineral wealth offers economic growth beyond oil—Nigeria has vast mineral deposits — whose value is estimated at $700bn — but the industry is not fulfilling its potential. Currently, the sector is co...
- + Fitch upgrades viability rating of largest Uzbek bank NBU, affirms IDRs—Fitch Ratings has upgraded the National Bank for Foreign Economic Activity of the Republic of ... [Author: Tawney Kruger in Tashkent]
- + Russia sees rare protest after flooding devastates city—Residents of the Russian city of Orsk have taken to the streets to demand swift action and compensation following devastating flooding that has left t...
- + Ukraine records lowest inflation in over three years—Ukraine's inflation rate dropped to its lowest level in more than three years in March 2024, marking a significant slowdown in consumer price growth, ...
- + Where Nato has an enhanced forward presence—On Monday, 8 April, Germany sent an advance team of 20 soldiers to Lithuania, laying the groundwork for the recently discussed establishment of a perm...
- + Court lifts EU sanctions on Russian billionaires Fridman and Aven—The European Court of Justice in Luxembourg has satisfied the lawsuit filed by Russian billionaires Petr Aven and Mikhail Fridman of Alfa Group. [Auth...
- + Saudi Arabia to scale back plans for Neom city—Saudi Arabia has allegedly revised its plans for the ambitious $500bn Neom project, a futuristic city being developed in the northwest of the country,...
- + Czech unemployment inched down to 3.9% in March —Czech has long been the country with the lowest unemployment level in the EU. [Author: Albin Sybera]
- + Vucic agrees purchase of Rafale fighter jets with Macron—Serbian president also underscored the potential for expanded cooperation with companies such as Thales and Airbus. [Author: Valentina Dimitrievska in...
- + Belarus the latest European country to suspend the Treaty on Conventional Armed Forces in Europe —Belarus President Alexander Lukashenko has ordered the suspension of Belarus’ participation in the Treaty on Conventional Armed Forces in Europe (CFE)...
- + UK Foreign Minister Cameron meets with former US President Trump to appeal for aid to Ukraine—UK Foreign Secretary David Cameron met with former US President Donald Trump on April 9 and told him that US continued support of Ukraine was “in US i...
- + Zimbabwe's new ZiG currency trading amid chaotic start, gains 0.2% against USD on day 2—Zimbabwe's new mainly gold-backed currency officially started trading on April 8, three days after it was introduced in a bid to tackle skyrocketing ....
- + French billionaire to acquire Ukrainian telecom businesses in one of country’s largest acquisitions—French billionaire Xavier Niel's investment company, NJJ Capital, is poised to make one of the largest acquisitions in Ukraine's history, with plans t...
- + Turkey hits Israel with trade restrictions after months of “words not action”—Tit-for-tat commerce war under way as Israelis vow response. Ankara says export bans to apply until Gaza ceasefire is announced. [Author: bne IntelliN...
- + Levels of the three most dangerous human-caused GHGs at record highs —Concentrations of CO2, methane and nitrous oxide climbed to record levels in the global atmosphere in 2023, contributing ever more to the climate cris...
- + Iranian police officers killed in terrorist attack in Sistan and Baluchistan—Alireza Marhamati, the provincial deputy security and law enforcement governor, said a number of armed men affiliated with the Jaish al-Adl terrorist ...
- + Central Asia: Welcome to the “opportunity zone”—The Great Game’s got a new name. [Author: bne IntelliNews]
- + Moldova's pro-Russian opposition forms new political bloc at Moscow meeting—Fugitive oligarch Ilan Shor seeks to consolidate pro-Russian opposition ahead of autumn presidential election. [Author: Iulian Ernst in Bucharest]
- + Europe unlikely to tackle Russian LNG imports anytime soon—The European Parliament voted in favour of rules earlier this month that would enable individual EU member states to block Russian LNG imports, by pre...
- + COMMENT: Can China compensate for Russia’s losses on the European gas market?—“Building the Power of Siberia 2 gas pipeline from Russia to China is a rational decision that would have made sense even before the war, but the proj...
- + The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise—Temperatures are continuing to rise to new all-time highs as global warming accelerates. People have started to die because of the extreme heat and it...
- + Iran eyes overseas power plant development—Iran plans to expand its power plant development projects overseas, including renewable energy generation [Author: bne Tehran bureau]
- + The wet-bulb set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise—Temperatures are continuing to rise to fresh all-time highs as global warming accelerates. The people have started to die because of the extreme heat ...
- + UK’s Cameron addresses British “lack of seriousness” in Central Asia with five-day tour—Urges region’s five nations to tackle shadow trading equipping Russian war machine. Awkward fact is that much of the trade is made up of redirected de...
- + North Macedonia’s presidential election to test commitment to EU accession—Slow accession progress and unhappiness with ruling coalition’s policies may push voters towards opposition VMRO-DPMNE candidate. [Author: Valentina D...
- + Venezuelan navy bolsters arsenal with Iranian-made anti-ship missiles—The Venezuelan Navy has recently augmented its military capabilities with the addition of new CM-90 anti-ship missiles (ASM) manufactured in Iran, acc...
- + Energy Fuels, Base Resources to merge, focus on Toliara heavy sands project in Madagascar—Mineral sands miner Base Resources Ltd and US-based Energy Fuels Inc. have announced plans to merge to create a global critical minerals business, ......
- + Iran’s two major clubs officially sold to banks, petchem companies—Iran's Economy Minister Ehsan Khandouzi has confirmed the transfer of ownership of the country's top two football clubs, Persepolis and Esteghlal to t...
- + Kazakhstan toughens domestic violence laws—Brutal assault caught on camera prompts changes. [Author: Almaz Kumenov for Eurasianet]
- + COLLINGWOOD: Ukraine’s power blackout means a dark future—In the last week, two pieces of legislation have been passed, one in Kyiv and one in Washington, that appear to go some way to addressing the most pre...
- + Armenia and Azerbaijan announce first border delimitation deal since the collapse of the USSR—Pashinyan said that he agreed to unilateral concessions to stop a war in the region. [Author: bne IntelliNews]
- + Russian hypersonic aircraft scientist sentenced to prison for treason—Alexander Kuranov, a top Russian scientist once at the forefront of hypersonic technology development, has been sentenced to a seven-year prison sente...
- + Kazakhstan can expect GDP growth of 3.1% this year and 5.6% next, says IMF—The International Monetary Fund (IMF) projects real GDP growth of 3.1% this year and 5.6% in 2025 for Kazakhstan in its newly released ... [Author: bn...
- + Uzbekistan can expect GDP growth of 5.2% this year and 5.4% next, says IMF—The International Monetary Fund (IMF) projects real GDP growth of 5.2% this year and 5.4% in 2025 for Uzbekistan in its newly released ... [Author: bn...
- + Serbs boycott referendum on removal of ethnic Albanian mayors in northern Kosovo—The appointment of ethnic Albanian mayors in four majority-Serb municipalities in northern Kosovo sparked protests in 2023. [Author: bne IntelliNews]
- + EXPLAINER: Who are Iraq’s Popular Mobilisation Forces hit in alleged Israeli strike? —In the early hours of April 20, Iraq's security force, the Popular Mobilisation Forces military base at Kalso was reportedly struck by Israeli missil...
- + Massive explosion leaves huge crater in Iraqi military base after suspected Israeli strike—An explosion at a military camp in northern Babil province, Iraq, resulted in the death of a member of the Popular Mobilization Forces (PMF) and injur...
- + Iran denies 'Israeli strike', admits shooting down drones—Iranian military and government officials confirmed that recent air defence activity in Isfahan province was a routine measure against suspicious aeri...
- + Iran’s supreme leader admits Israeli strike didn't do damage—Leader of Iran Ali Khamenei said on April 21 that the retaliatory strike on Israel demonstrated and proved the “willpower of the Iranian nation and ar...
- + Mysterious predator dubbed “Goat Sucker” causes panic in Iraq—A mysterious creature resembling a lizard and locally dubbed as "Goat Sucker" has caused a stir in the village of Sarsoola, eastern Dohuk, Iraq, after...
- + US passes Ukraine aid package: what now? —The US stepped forward to rescue Ukraine on April 21 that has been staring defeat in the face, and not a moment too soon. But the aid won't solve many...
- + Don't mention the "D" word - Ukraine—No one wants to mention the “D” word. It’s becoming increasingly difficult to pretend that Ukraine is not losing and getting closer to being defeated ...
- + EXPLAINER: Who are Iraq’s Popular Mobilization Forces hit in alleged Israeli strike? —In the early hours of April 20, the Iraq's security force, the Popular Mobilization Forces, military base at Kalso was reportedly struck by Israeli m...
- + Protesters torch Tirana city hall at anticorruption demonstration —Main door to Tirana municipality building set ablaze by protesters demanding resignation of mayor Erio Veliaj. [Author: bne IntelliNews]
- + BREAKING: Massive explosion leaves huge crater in Iraqi military base after suspected Israeli strike—An explosion at a military camp in northern Babil province, Iraq, resulted in the death of a member of the Popular Mobilization Forces (PMF) and injur...
- + PANNIER: Gulf investment commitments to Central Asia rival sums once pledged by China—Since Russia lost leverage in the region after invading Ukraine, many countries have sought to fill the gap. In terms of pledged capital, the Arab nat...
- + Israeli security minister Ben Gvir criticised for mocking alleged strike on Iran—Israeli Internal Security Minister Itamar Ben-Gvir faced sharp criticism on April 19 from both government officials and opposition leaders after he po...
- + Ukraine cattle and dairy industry in decline due to war, but expected to stabilize in 2024—Many of Ukraine’s cows have found themselves on the front line and some have been killed or were simply slaughtered when their owners fled the countr...
- + SEFE concerned as Russia targets gas storage tanks in Ukraine—German gas trader SEFE has expressed concern over recent Russian attacks targeting Ukraine's largest underground storage facility with a capacity of 3...
- + Will the Baku-Supsa pipeline become Azerbaijan's second oil export artery?—Despite the global "green transition," predictions of decreasing demand for fossil fuels have not yet been realized. And sanctions imposed on Russia a...
- + Johannesburg Stock Exchange eases listing requirements to encourage small caps to stay—South Africa's main bourse, the Johannesburg Stock Exchange (JSE), has amended some listing requirements to make it easier for smaller firms to raise ...
- + UBN: The US Needs to Wake Up—“As I write, highly civilized human beings are flying overhead, trying to kill me.” – George Orwell, England Your England, 1941 [Author: Mark McNamee ...
- + Dubai airport restricts arrivals to manage storm-induced delays—Dubai International Airport (DXB), one of the world's busiest, has limited incoming flights for 48 hours starting at noon local time (0800 GMT) on ......
- + EU’s Von der Leyen, China call for calm following Israeli attacks on Iran—European Commission President Ursula von der Leyen urged Israel and Iran to prevent further escalation in the Middle East following an Israeli strike ...
- + Hungary aims to double geothermal energy use by 2030—Hungary already uses geothermal energy as a clean alternative to fossil fuel in district heating, but has vast untapped reserves. [Author: bne Intelli...
- + Poland's first nuclear plant may carry €35bn price tag—Construction is expected to start in 2026, but the head of nuclear power SPV Polskie Elektrownie Jadrowe (PEJ) warns the costs will be high. [Author: ...
- + “Richard Branson-backed” hyperloop startup seeks funding on Bucharest's SeedBlink —Swisspod Technologies, co-founded by Romanian Denis Tudor, is developing a fully-electric capsule that travels at near-sonic speeds. [Author: Iulian E...
- + Parliament of Bosnia’s Republika Srpska passes resolution denying Srebrenica genocide—Bosnian Serb politicians have repeatedly pushed against Bosnia’s state-level legislation, which stipulates that denying the Srebrenica genocide is a c...
- + Croatia’s HDZ, SDP start race to attract coalition partners—PM Andrej Plenkovic's HDZ was first placed in Croatia's general election, but does not have enough MPs to form a government alone. [Author: Denitsa Ko...
- + BREAKING: Iran denies 'Israeli strike', admits shooting down drones—Iranian military and government officials confirmed that recent air defence activity in Isfahan province was a routine measure against suspicious aeri...
- + CENTRAL ASIA BLOG: Cautionary tale as onion prices crash amid glut on a "tragic" scale—Farmers who rushed for promised profits floored across the region. [Author: Tawney Kruger in Tashkent]
- + Iran's President Raisi warns Israel against any missteps—Iran's President Ebrahim Raisi issued a stern warning to Israel late on April 18, cautioning that any mistake or aggression towards Iranian territory ...
- + Iran says may revise nuclear policies in case of Israeli threat against its sites—Iran said it could revise its anti-nuclear weapons doctrine if threatened by Israel against its nuclear sites, in an escalation of events as the Jewis...
- + Remittances come to the rescue of Lebanon’s battered economy —Lebanon has always found a way to bounce back. But past performance is no guarantee of future results, and the last few years have pushed the small Me...
- + Russia cracks down on foreign hosting providers—Russian authorities have cracked down on foreign hosting providers and cloud service companies, blocking access to their websites. [Author: Vladimir K...
- + Equatorial Guinea awards Petrofac $350mn five-year contract centred on Zafiro oilfield—Petrofac awarded $350mn technical services contract by Equatorial Guinea's state oil company GEPetrol to support its operations in offshore Block B wh...
- + Russia’s economy stabilising but growth to slow – CBR macro survey —Russia’s economy is stabilising with the spread in predictions of what’s coming later this year narrowing, the Central Bank of Russia (CBR) reported i...
- + Premier Energy announces €125mn IPO in Bucharest to boost renewables portfolio—Bucharest Stock Exchange becomes increasingly attractive for investors after last year's Hidroelectrica IPO. [Author: bne IntelliNews]
- + COMMENT: Armenia's decisive turn towards the West—There’s a high probability that a new geopolitical balance can be established in the South Caucasus where Russia will finally be absent. [Author: Robe...
- + Namibian community rejects green hydrogen port expansion project serving Germany’s Hyphen—Hyphen Hydrogen Energy, a JV between renewables group Enertrag SE and investment/project development company Nicholas Holdings, aims to produce 2mn to...
- + Xlinks warns cost of Morocco-UK Power Project could rise some 25% to reach $30bn—UK renewable energy producer Xlinks, noting significant upward pressure on the cost of all energy projects, warns construction of the Morocco-UK Power...
- + French oil group Rubis inks deal to become strategic investor in NOC Kenya—French oil multinational Rubis is set to become a strategic investor in the struggling National Oil Corporation of Kenya [Author: bne IntelliNews]
- + Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production —Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production [Author: bne IntelliNews]
- + US senators seek closer ties with Western Balkans to combat Russia's 'malign influence' —Members of the US Senate Committee on Foreign Relations warned of the risk of destabilisation in the Western Balkans since the start of Russia’s war i...
- + AI and cybersecurity to drive CEE tech sector —PwC and CEE Digital Coalition believe the Central and Eastern Europe region has the potential to create the EU’s Silicon Valley. [Author: Clare Nuttal...
- + Cordia launches €1bn waterfront residential project in Budapest—Cordia will build more than 2,500 homes on the 14-hectare brownfield site in the coming years. [Author: Tamas Csonka in Budapest]
- + Serbia's historic monasteries go green with solar energy adoption—Ten monasteries in Serbia have adopted solar power in recent years in a bid to increase self-sustainability and curb electricity expenses. [Author: Ai...
- + Kazakhstan’s Kashagan claims against big oil firms now reportedly top $150bn—Astana said to have added $138bn claim for lost revenue, arguing energy majors developing Caspian Sea field have not fully delivered on production ple...
- + Czech tycoon Kretinsky’s £4.5bn bid for owner of Royal Mail rejected—IDS shares jumped by 29% on April 17 after it announced it had turned down an indicative offer at 320p per share from Kretinsky’s EP Group. [Author: A...
- + Ford drives hike in car production in Romania —Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1. [Author: Iulian Ernst in Bucharest]
- + Kyrgyzstan to hit TikTok with access curbs “to protect kids’ mental health”—Targeting of social media favourite follows regime’s moves against news outlets, civil society and opposition politicians. [Author: bne IntelliNews]
- + Akbank launches spring syndicated loan renewals season for Turkish banks at better costs—Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers. [Author: Akin Nazli in Belgrade]
- + Croatia’s ruling HDZ leads in general election, preliminary results show—PM Andrej Plenkovic's party to be largest in parliament but needs partner to form government, putting rightwing Homeland Movement in kingmaker positio...
- + Baltic states aim to go nuclear but have to wait—The three Baltic states – which have had no nuclear reactors since the closure of Lithuania’s Soviet-designed Ignalina plant 15 years ago – are now al...
- + Slovak presidential campaign showed how populists can dominate the narrative to mobilise support—Government candidate Peter Pellegrini used trumped-up messages of fear channelled through social media networks. [Author: Albin Sybera]
- + Czechia paid five times more for energy imports from Russia than it spent on aid to Ukraine—The amount of money Czechia spent on Russian energy imports until the end of 2023 could finance more than three weeks of Russian fighting in Ukraine. ...
- + Dubai airport, city and roads still underwater from historic floods—Dubai witnessed "chaos" on April 17, with continued road closures and travellers urged not to come to the airport, a day after a storm accompanied by ...
- + Russia's AvtoVAZ to start exporting Lada cars to Iran in 2024—Russian carmaker AvtoVAZ is set to return to the Iranian market after a 25-year hiatus, the company’s president, Maxim Sokolov, has said, ignoring Mid...
- + Berlin Energy Forum to hold its inaugural event on May 21—The Berlin Energy Forum will hold its inaugural meeting at 4pm on May 21 in Berlin “The Great European Energy crisis: drones, price caps and shadow fl...
- + Ukraine's birth rate plummets to 300-year low as country’s population collapses—Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-oc...
- + Russian missile attack kills over a dozen people in Chernihiv, Ukraine—At least 14 people were killed and over 60 others injured, including two children, as Russian forces launched a devastating missile attack on the city...
- + Republic of Congo expands oil partnerships, eyes closer ties with Azerbaijan—The Republic of the Congo’s President Denis Sassou-Nguesso is diversifying the West African country’s oil and gas partnerships in search of reliable a...
- + Pro-Kremlin Voice of Europe resumes operations from Kazakhstan—Media platform that has promoted far-right EU politicians was expelled from Czechia last month. [Author: bne IntelliNews]
- + Sick-looking Iranian president warns Israel of 'strong response'—Iranian President Raisi looks ill in cabinet meeting [Author: bne Tehran bureau]
- + Creditors of Liberty Steel Ostrava greenlight restructuring plan—Creditors vote to eject biggest of them, power supplier Tameh Czech, from the list of creditors. [Author: Albin Sybera]
- + US investor to build $1bn magnesium mining complex in Romania—First European magnesium mining project in a decade will ease continent's reliance on imports from China. [Author: bne IntelliNews]
- + Russia's finance ministry re-engineers tax system—By tinkering with the tax system, the Russian Ministry of Finance has created enough cash to pay for the war in Ukraine. [Author: Ben Aris in Berlin]
- + Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn—Fresh evidence has found that a peace deal thrashed out between Russia and Ukraine in April 2022 that could have ended the war months after it begun ...
- + Shutdown of controversial far-right conference in Brussels triggers debate over free speech—The conference demonstrates the spread and rise of the radical right, which could become the third largest force in the European Parliament in June. [...
- + Russian peacekeeping forces reportedly leaving Nagorno-Karabakh—Withdrawal would be a significant shift in the post-conflict landscape of the South Caucasus. [Author: Cavid Aga in Baku]
- + IMF says Estonia should take decisive steps to restore its competitiveness —The slow start in the year is set to hold back average 2024 growth at -0.5%, but the recovery should gain further momentum in 2025, the IMF reported. ...
- + Tension mounts as Georgian riot police clash with protesters over foreign agents bill 2.0—Charles Michel, head of the European Council, emphasised that the draft law contradicts Georgia's EU accession trajectory. [Author: Tornike Mandaria i...
- + Russia’s $13.4bn current account surplus in March second highest since 2007 —Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007. [Aut...
- + Dubai hit with a year’s worth of rain in a day —Dubai was hit with the heaviest rainfall in 75 years after a whole year’s worth of rain fell in a day on April 16 plunging the capital of the United A...
- + Russia's finance minister re-engineers tax system—By tinkering with the tax system, the Russian Ministry of Finance has created enough cash to pay for the war in Ukraine. [Author: Ben Aris in Berlin]
- + Georgian Dream leader punched in head by MP amid uproar over return of “the Russian law"—President takes to social media to declare: "Georgia will not surrender to resovietisation." [Author: bne IntelliNews]
- + Tashkent Stock Exchange reports decline in 1Q24 trading volume—Tashkent Stock Exchange (TSE) has released its results for 1Q24, revealing a significant decrease in trading volume y/y.The results report, ... [Autho...
- + Serbia’s President Vucic, the prophet of doom —The Serbian president has repeatedly warned that the world could be heading for the worst conflict since WW2. [Author: bne IntelliNews]
- + Slovenia's first geothermal power plant produces initial kW of electricity—Pilot geothermal power station built on an abandoned gas well produces first electricity, but investor says modifications needed for viable long-term ...
- + Bulgaria's BACB to acquire 99.94% of Tokuda Bank—The Bulgarian-American Credit Bank said on April 16 it has agreed to acquire 99.94% of local Tokuda Bank from Japan-based Tokushukai Incorporated. ......
- + What next for oil markets after Iranian strike on Israel?—For the time being, traders have apparently shrugged off fears of a direct war between Israel and Iran, but escalation is still a significant risk. [A...
- + Russian attacks devastate Ukrainian energy infrastructure—Russian strikes in the early hours of April 11 inflicted severe damage on Ukraine’s energy infrastructure, including the near-complete destruction of ...
- + DTEK Energy Holding unveils 1.5-GW green energy plan—DTEK Energy Holding, Ukraine’s largest private energy company, has announced plans to inject 1.5 GW of renewable energy into the country's power grid ...
- + Tinkering with tax, MinFin has re-engineered Russia's budget—By tinkering with the tax system, Ministry of Finance (MinFin) has remade Russia’s budget dynamics and successfully created enough cash to pay for the...
- + France's spending on Russian LNG surges to over €600mn this year—France's spending on Russian liquefied natural gas (LNG) surged to over €600mn this year, EU data reveals, Politico reports. [Author: bne IntelliNews]
- + Russia pushes Iran to release its sailor from captured Israeli container ship—Iranian authorities said they would provide Russian embassy officials with access to its citizen who was captured as part of the crew of the Israeli-o...
- + Israel's financial markets hold despite Iranian missile strikes and threat of regional war—Israel's financial markets shrugged off the April 13 Iranian missile strikes and will have a minimal economic impact in the short term, say analysts [...
- + Georgian Dream leader punched in head by MP amid uproar over return of “The Russian Law"—President takes to social media to declare: "Georgia will not surrender to resovietisation." [Author: bne IntelliNews]
- + Barrick Gold fears expropriation of Malian mine—Barrick Gold, the Toronto-based mining giant, finds itself in the crosshairs of Mali's military junta amid a backdrop of increasing Russian influence ...
- + RBI CEE WATCH: The shape of disinflation in CEE-EU—There are reasons for cautiousness in the easing cycles that are ongoing In CE and set to start in Q2 in SEE. [Author: Gunter Deuber of Raiffeisen Res...
- + LNG imports improving EU energy security as Russian gas supplies fall to 8% of gas imports —Liquefied natural gas helps make Europe’s gas supply more secure as it doesn’t rely on existing pipeline infrastructure, allowing EU countries to dive...
- + Russia’s war economy boosted by rising oil prices —Brent crude oil prices remained near a six-month high this week, hovering around $90 per barrel amidst fears of an oil price spike driven by escalatin...
- + Automotive sector output in Hungary edges up 1.6% y/y in February—Headline industrial output rose 1.8% in February, increasing for the first month in about a year. [Author: Tamas Csonka]
- + US Speaker Johnson releases preliminary details of a new $43bn Ukraine aid package—US Speaker of the House Mike Johnson has released preliminary details of a new aid package for US allies that he says could be put to a vote this week...
- + Croatia faces showdown between president and PM in April 17 general election —President Milanovic and PM Plenkovic take each other on over Russia stance and corruption scandals [Author: bne IntelliNews]
- + Fiala meets Biden to discuss support for Ukraine—US President praises Czech initiative to purchase ammunition for Ukraine outside the EU. [Author: Albin Sybera]
- + Hungary attracts Southeast Asian guest workers in growing numbers—At the same time CEE workers leave because of Hungary's low wages. [Author: Tamas Csonka]
- + Bosnian Serbs threaten to secede if UN adopts resolution on Srebrenica genocide—Republika Srpska President Milorad Dodik urges MPs to endorse resolution denying the Srebrenica genocide and says Serbs can no longer live alongside B...
- + Slovak inflation eased further to 2.3% in March —Prices in the alcohol and tobacco sector increased by 19% y/y, including the 9.1% spike in tobacco prices as a result of the new consumption tax. [Aut...
- + Polish inflation eases further to 2% y/y in March—The inflation rate landed within the National Bank of Poland’s target of 1.5%-3.5% for a second successive month [Author: Wojciech Kosc in Warsaw]
- + Huge billboard in Tehran calls Israel 'weaker than a spider's web' after weekend attack—A large billboard has gone up in the Iranian capital, calling Israel “weaker than a spider’s web” following the Islamic Republic’s drone and missile s...
- + EIF signs guarantee agreements with 11 banks in Western Balkans, unlocking €750mn for small businesses —The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial ... [A...
- + Dollar retreats in Tehran's market following Iran’s response to Israel—Exchange rates in Tehran's Ferdowsi Street saw a surprise decline on April 15, following Iran's first direct targeting of Israel two nights earlier [A...
- + ISTANBUL BLOG: Critics seize on Turkey’s silence in face of Israel-Iran crisis—Shadow foreign minister “astonished” regional power Ankara has nothing to say. Observers think Erdogan officials fear derailing attempt at econom-ic r...
- + Uzbekistan's basalt industry attracts $498mn investment—Uzbekistan’s basalt industry has attracted an investment of $498mn. The focus on basalt stone mining and fibre production, particularly in ... [A...
- + Coca-Cola invests $165mn in two new Uzbekistan factories—Coca-Cola Ichimligi Uzbekistan has announced plans to invest $165mn in constructing two new factories, Spot reported on April 8.The first ... [Author:...
- + UniCredit sees modest growth and fiscal overshoot for Hungary in 2024—Hungary’s economic rebound will be modest this year, around 2%, and the return to potential growth is set to be postponed to 2025 with GDP ... [A...
- + UK, US ban trading in Russian aluminium, copper, nickel—The London Metal Exchange (LME) and Chicago Mercantile Exchange (CME) have blocked the trade of aluminium, copper, and nickel produced by Russia, the ...
- + Hungary’s election committee clears Magyar’s bid to run in EP election —The former Fidesz insider has shaken up the political status quo as he is now polling at 14-15%, in third place. [Author: Tamas Csonka in Budapest]
As of 4/26/24 8:10am. Last new 4/26/24 8:10am. Score: 288
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