News

Damage to Russian economy will be long lasting, says EBRD economist

Robert Anderson in Prague April 26, 2022

Sanctions' most damaging impact will come from the blocking of flows of capital and knowledge, says Javorcik.

Shame and anger in Bulgaria as PM urges citizens to donate salaries to buy weapons for Ukraine

Denitsa Koseva in Sofia April 26, 2022

Kiril Petrov appeals to citizens to donate directly after failing to persuade his coalition partners to back military aid to Ukraine.

Rosneft sues independent news group RBC

Theo Normanton April 26, 2022

An appeals court in Moscow has upheld two high-profile lawsuits brought against independent business news outlet RBC by Rosneft. This is one of a series of cases brought against the media by oligarchs and their businesses at home and abroad.

UN Secretary-General meets Russian Foreign Minister

Theo Normanton April 26, 2022

Antonio Guterres met Russian Foreign Minister Sergey Lavrov in Moscow on Tuesday, 26 April. Talking points included humanitarian corridors, the inclusivity of the Security Council, and paths to more dialogue between Russia and Ukraine.

Russian siloviki could devour limited IT resources

bne IntelliNews April 26, 2022

Amid the military invasion of Ukraine Russia will set up an anti-corruption information system Poseidon that will be co-ordinated by the presidential administration and operated by the Federal Guard (FSO), using up scarce IT resources.

BREAKING: More explosions in Transnistria take down communication towers

Iulian Ernst in Bucharest April 26, 2022

Blasts at Pridnestrovian Radio and Television Centre follow attack on ministry, as Ukraine warns Russia is trying to destabilise separatist region.

Kazakhstan: CPC pipeline resumes working after a month of inactivity

Almaz Kumenov for Eurasianet April 26, 2022

Repairs took place a few days after Kazakh officials met with CPC management in Moscow.

Empty state security office in Tiraspol attacked with Russian grenades

Iulian Ernst in Bucharest April 26, 2022

Russian propaganda offensive after attack claims Romania is preparing to seize control of Russia-backed separatist republic in Moldova.

Election results in France and Slovenia go against Orban

bne IntelliNews April 26, 2022

The election defeat of Slovenia’s populist SDS means the Hungarian strongman has one less ally in the European Council at a crucial time when the EU is set to trigger the rule-of-law mechanism against Hungary.

UPDATE: Massive explosions at oil depot in Western Russia, but who is to blame?

Social media correspondent Dominic Culverwell April 26, 2022

Massive explosions at an oil depot in Western Russia went viral online and were verified by open-source-intelligence accounts on 25 April.

Current account rot ‘exposes Turkey to risk of further sharp and disorderly falls in lira’

bne IntelIiNews April 25, 2022

Spillovers from Ukraine war add to splitting economic headache for President Recep Tayyip Erdogan, who must stand for re-election by June next year.

Top Bulgarian politicians to visit Kyiv amid row over military aid

Denitsa Koseva in Sofia April 25, 2022

Ruling coalition is divided over whether Bulgaria should provide military aid to Ukraine.

Russian tech frontrunner Yandex freezes investment, carsharing and foodtech in trouble

bne IntelliNews April 25, 2022

Russian internet major and country’s most valuable digital company prior to the military invasion of Ukraine Yandex is suspending “many” of the planned investments both domestically and abroad

Anti-war post ends era of Tinkov, Tinkoff bank to rebrand

bne IntelliNews April 25, 2022

Russian banker and entrepreneur Oleg Tinkov is looking to sell his family trust's 35% stake in TCS banking group, which controls the only Russian purely online bank Tinkoff Bank, which he founded.

Newcomer Golob’s party ousts Jansa in Slovenia’s general election

Valentina Dimitrievska in Skopje April 24, 2022

The Freedom Movement, the green party led by ex-energy executive Robert Golob, is set to lead Slovenia's next government.

Moldova appeals to Russia to respect its neutrality after invasion threat

bne IntelliNews April 24, 2022

The Moldovan foreign ministry has urged Russia to respect its neutrality after a Russian general openly announced plans to occupy the breakaway Transnistria region.

Vucic doubles down on no sanctions position as Russian gas deal deadline approaches

bne IntelliNews April 24, 2022

Serbia is preparing to sign a new long-term gas deal with Russia, and has resisted pressure from the EU and and US to join western sanctions over the war in Ukraine.

New shipping interest in river linking Kazakhstan, China to Arctic Ocean via Russia

bne IntelIiNews April 22, 2022

Russian, Kazakh officials see potential of the Irtysh, the longest tributary river in the world, as under-exploited.

Albania’s former president pushes rival politician off parliament podium

bne IntelliNews April 22, 2022

Sali Berisha has been trying for months to regain control of the Democratic Party, the main opposition force in Albania, which is currently headed by interim leader Enkelejd Alibeaj.

Sanctioned Russian banks seeking way out of Kazakhstan

Almaz Kumenov for Eurasianet April 21, 2022

Alfa-Bank Kazakhstan has been fully bought out by Kazakh peer CenterCredit.

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