News

EU warns Georgia that 'foreign agents' bill could block accession hopes

bne IntelliNews April 25, 2024

The European Parliament has called for Georgia’s accession process to be suspended if the Georgian parliament passes the so-called “foreign agent" law.

Iraq recovers thousands of antiquities, calls for antiquities law reform

bne Gulf bureau April 25, 2024

Iraq's Ministry of Culture, Tourism and Antiquities has received thousands of returned archaeological pieces following a push by the central government in Baghdad to retrieve stolen assets in the past year.

US secretly sent long-range missiles to Ukraine in February

bne IntelliNews April 25, 2024

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 week.

Russia already treating Bosnia’s Republika Srpska as an independent state

Denitsa Koseva in Sofia April 25, 2024

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 Milorad Dodik’s secession plans.

North Macedonia’s opposition VMRO-DPMNE candidate takes strong lead in first round of presidential election

Valentina Dimitrievska in Skopje April 25, 2024

Incumbent President Stevo Pendarovski trails Gordana Siljanovska Davkova as voters punish ruling SDSM.

Slovakia’s cabinet approves legislation to restructure public broadcaster

Albin Sybera April 25, 2024

New bill will allow government to change leadership of public broadcaster, while 'ethical council' will oversee content.

Russian Deputy Defence Minister suspected of treason, say reports

bne IntelliNews April 25, 2024

Russian Deputy Defence Minister Timur Ivanov, arrested on April 23 on charges of bribery, may actually have been arrested for treason, independent Russian media has reported.

Iran presses Afghanistan's Taliban to uphold water-sharing agreement

bne Tehran bureau April 24, 2024

An Iranian environmental official accused the Afghan Taliban of intentionally redirecting overflow waters of the shared Hirmand River to prevent its inflow into Iran’s Hamoun wetlands.

Tajikistan striving to convince the world that it can contain terrorism

Eurasianet April 24, 2024

Dushanbe’s strategy ignores underlying sources of radicalisation.

Saudi Arabia eyes 320,000 new hotel rooms to meet soaring tourism goals

bne Gulf bureau April 24, 2024

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, both domestic and international.

Turkey, Iraq, Qatar and UAE ink initial Development Road transit corridor agreement

bne IntelliNews April 24, 2024

Route competing with rival India-Middle East-Europe option. Ankara wants Baghdad to commit to stamping out Kurdish PKK militants said to threaten project security.

Russian oil depo at Yartsevo in the Smolensk region set on fire by Ukrainian drone attack

bne IntelliNews April 24, 2024

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.

More than €15bn of Chinese investments underway in Hungary, says foreign minister

Tamas Csonka in Budapest April 24, 2024

Hungary has become the primary European destination of Chinese corporate investments, with a string of investments targeting the battery industry.

Romanian fuel distribution company JT Grup Oil plans Bucharest IPO

Iulian Ernst in Bucharest April 24, 2024

IPO announcement comes after Premier Energy announced a similar step earlier in April.

Hungarian rate-setters slow pace of rate cuts to 50bp at April meeting

bne IntelliNews April 24, 2024

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 easing from 75bp in the previous meeting.

Czech prosecutors indict former president's top aide for embezzlement

Albin Sybera April 23, 2024

Vratislav Mynar was at the centre of many of the scandals surrounding Milos Zeman's two terms as president.

President Duda says Poland 'ready' to host nuclear weapons

Wojciech Kosc in Warsaw April 23, 2024

Government queries president's comments, while Moscow attacks them as "provocative".

Moldova's pro-Russian opposition forms new political bloc at Moscow meeting

Iulian Ernst in Bucharest April 23, 2024

Fugitive oligarch Ilan Shor seeks to consolidate pro-Russian opposition ahead of autumn presidential election.

Serbia takes aim at investment grade rating from S&P by end-2024

bne IntelliNews April 23, 2024

Earlier this month, S&P upgraded its outlook on Serbia to positive from stable, maintaining the country's 'BB+/B' ratings.

Iran eyes overseas power plant development

bne Tehran bureau April 23, 2024

Iran plans to expand its power plant development projects overseas, including renewable energy generation.

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