News
Russia asks Kazakhstan for emergency fuel supply
Russia has requested that Kazakhstan be ready to provide it with 100,000 tonnes of gasoline in the event of shortages.
Crocus attackers say in interrogation videos they were heading to Ukraine
The four men accused by Moscow of being behind March’s deadly terrorist attack on the Crocus City Hall music venue have said they were promised safe passage to Ukraine and a financial award there.
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Russian federal budget deficit falls to $6.7bn in 1Q24 on the back of higher oil prices
In 1Q24 the federal budget deficit shrank to RUB607bn ($6.7bn), according to a preliminary estimate of the Ministry of Finance, after oil and gas revenues soared by 80% y/y.
Iran to free 4 environmentalists convicted as spies
Iran's Leader Ayatollah Ali Khamenei has ordered the release of four Iranian environmentalists who were convicted of spying for the US government.
Russia declares federal emergency as flooding forces thousands to evacuate homes
Thousands of people have been forced to evacuate their homes following severe floods in the Russian city of Orsk. Orsk, in Russia’s Orenburg region, is close to the Kazakh border, around 1,800 km east of Moscow.
Profits of Coca Cola’s Russian division quadruple, despite promise to pull out
Coca-Cola promised to pull out of Russia, but all it has done is drop its famous brand for a new local one and moved ownership to a Russia-based operating company
Slovak heritage institution co-operates with Russian counterpart headed by spy chief
Matica slovenska continues to cooperate with Russian Historical Society headed by Sergey Naryshkin, investigative website reports.
EU and US promise over $356mn in fresh assistance to Armenia
Azerbaijan shows displeasure by staging clashes on Armenia's border.
PiS tops Polish local elections but likely to lose three regions
Exit polls predict that Law and Justice won 33.7% of the vote, compared to 31.9% for the Civic Coalition, led by Prime Minister Donald Tusk.
Magyar steps up as challenger to Orban in largest anti-government protest since 1988
The demonstration is a huge defeat for Fidesz, which has tried desperately to discredit Magyar, bit it is also a huge slap in the face for the opposition, which has been unable to gather a crowd similar to Saturday's rally.
Smarter US sanctions seen driving down Turkey-Russia trade
Turkish exports to Russia fall one third in first quarter.
Turkey cancels visa-free travel for Tajiks as Tajikistan rejects Kremlin’s claims Ukraine recruits mercenaries in Dushanbe
Moscow’s assertion has no basis in fact, says Tajik foreign ministry.
Pellegrini beats Korcok to become the next Slovak president
Parliamentary speaker's victory has raised fears that it will strengthen populist premier Robert Fico’s grip on the country’s institutions.
Turkish exporters demand dual exchange rate system, push for 40 to dollar minimum
IHBIR trade group says companies forced to sell 40% of FX revenues to central bank at rate far behind inflation.
Kyrgyzstan: China solidifying economic hold on Bishkek
Fear of secondary sanctions prompting the cutting of a major fiscal cord with Russia.
Poles go to municipal elections in first political test for Tusk’s coalition
Recent polls show that Tusk’s Civic Coalition averages nearly 31% of the regional vote, followed by PiS at just over 28%.
Orban’s son-in-law and Russian oligarch reportedly attempted to buy stakes in Spar
The bids were allegedly part of a campaign by the Hungarian government to force the retailer to allow businessmen close to the Orban regime to enter the company.
Romania holds policy rate at 7%
Inflation is expected to continue decline, but still unclear if central bank will launch monetary easing cycle in May.
Iran's supreme leader performs impromptu prayers for murdered Revolutionary Guards
Iran’s Ayatollah Ali Khamenei, the Supreme Leader of the Islamic Republic, performed prayers over the coffins of the seven murdered Islamic Revolutionary Guards Corps (IRGC) in Tehran late on April 4
McDonald's to buy back Israeli franchise from Alonyal following IDF support
McDonald's is acquiring its Israeli franchise from Alonyal Ltd, regaining control over 225 outlets in Israel. Alonyal's move to pull out follows recent controversies.