News

Poland begins big abortion debate that could rock Tusk government

Wojciech Kosc in Warsaw April 11, 2024

Conservative coalition deputies likely to vote down liberalisation, resulting in a spectacular government defeat.

Ukraine's ammo crisis mounts on stalled US aid

bne IntelliNews April 11, 2024

General Christopher Cavoli, the top US commander in Europe, cautioned during a congressional hearing on April 10 that Ukraine is on the brink of running out of ammunition and air defence interceptor missiles.

Poland's Tusk says no to freshly agreed EU migration deal

Wojciech Kosc in Warsaw April 11, 2024

Poland, Slovakia and Hungary slam European Parliament's migration compromise.

100,000 forced from homes in Kazakhstan by “biblical” flooding linked to climate change

Kanat Shaku in Almaty April 11, 2024

Rapid snowmelt amid sudden weather change, combined with heavy rains and already waterlogged ground prove a disastrous combination.

The EU is preparing a new, fourteenth package of sanctions

Ben Aris in Berlin April 11, 2024

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 products and will focus mostly on enforcing the existing thirteen rounds of sanctions.

China expanding security footprint in Central Asia

Eurasianet April 11, 2024

Uzbekistan strives to improve ability to combat extremism, drug trafficking and cybercrime.

Czechoslovak Group’s revenues rise 71% in 2023 as defence booms

Albin Sybera April 11, 2024

Over 60% of the group’s revenues were generated in the CSG defence division, which specialises in production of ground military equipment and large-calibre ammunition.

EBRD announces profit of €2.1bn in 2023

bne IntelliNews April 11, 2024

The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profit of €2.1bn for the year 2023, up from losses of €1.1bn in 2022.

Polish energy stocks fall after government hints at dropping plan to carve out coal assets

Wojciech Kosc in Warsaw April 11, 2024

Industry minister says new plan is to link coal-fired power plants with specific mines instead.

Kremlin tries to link Hunter Biden to financing of Moscow’s Crocus City Hall terrorist massacre

Ben Aris in Berlin April 10, 2024

Russia’s Investigative Committee launched a criminal investigation into the financing of terrorism in Russia on April 9, with focus on a board of directors that included the son of US President Joe Biden.

Yakunin wins final appeal in drone flying over Svalbard legal saga

bne IntelliNews April 10, 2024

Norway’s Halogaland Court of Appeal concluded a legal saga surrounding British-Russian businessman Andrey Yakunin, the son of Russia’s sanctioned former head of Russian Railways, refusing the prosecution's appeal.

US Treasury Secretary won’t rule out tariffs on China’s green exports, EU launches probe

by Roberta Harrington in Los Angeles April 10, 2024

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 electric vehicles.

Russia sees rare protest after flooding devastates city

bne IntelliNews April 10, 2024

Residents of the Russian city of Orsk have taken to the streets to demand swift action and compensation following devastating flooding that has left the city submerged in water.

Court lifts EU sanctions on Russian billionaires Fridman and Aven

bne IntelliNews April 10, 2024

The European Court of Justice in Luxembourg has satisfied the lawsuit filed by Russian billionaires Petr Aven and Mikhail Fridman of Alfa Group.

Vucic agrees purchase of Rafale fighter jets with Macron

Valentina Dimitrievska in Skopje April 10, 2024

Serbian president also underscored the potential for expanded cooperation with companies such as Thales and Airbus.

Belarus the latest European country to suspend the Treaty on Conventional Armed Forces in Europe

bne IntelliNews April 10, 2024

Belarus President Alexander Lukashenko has ordered the suspension of Belarus’ participation in the Treaty on Conventional Armed Forces in Europe (CFE) on April 5, as Belarus continues to militarise and keep its ties with Russia tight.

UK Foreign Minister Cameron meets with former US President Trump to appeal for aid to Ukraine

bne IntelliNews April 10, 2024

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 interests,” Ukrayinska Pravda reports.

French billionaire to acquire Ukrainian telecom businesses in one of country’s largest acquisitions

bne IntelliNews April 10, 2024

French billionaire Xavier Niel's investment company, NJJ Capital, is poised to make one of the largest acquisitions in Ukraine's history, with plans to acquire two major telecom businesses in the war-torn country.

Turkey hits Israel with trade restrictions after months of “words not action”

bne IntelliNews April 9, 2024

Tit-for-tat commerce war under way as Israelis vow response. Ankara says export bans to apply until Gaza ceasefire is announced.

Iranian police officers killed in terrorist attack in Sistan and Baluchistan

bne Tehran bureau April 9, 2024

Alireza Marhamati, the provincial deputy security and law enforcement governor, said a number of armed men affiliated with the Jaish al-Adl terrorist group had attacked police patrols in Sib and Soran counties.

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