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CAUCASUS BLOG: EU bets on Armenia and Azerbaijan

Brussels’ South Caucasus policy has shifted as it seeks to secure regional stability, expand transport corridors and reduce Russian influence.

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Nigeria's Dangote Cement ups dividend 50% for record $550mn payout ahead of planned refinery IPO

Dangote Cement's record dividend could boost interest in a planned IPO of its sister company controlling the 650,000-bpd oil refinery in Lagos, which market estimates have valued at up to $50bn.

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Moldova’s prime minister resigns after corruption scandal at air traffic control company

Alexandru Munteanu says he cannot govern "in accordance with my principles" as MoldATSA scandal shakes political establishment.

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India's rice surplus to fuel record exports amid global supply worries

With higher rabi/summer rice output expected in MY 2025-26, procurement by government agencies is likely to run through till September 2026. As a result, total rice procurement in MY 2025-26 is projected to reach 58mn tonnes.

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Record ocean temperatures push climate into uncharted waters

The world's oceans reached their highest average June surface temperatures on record this year, underscoring growing concern among scientists that the planet is entering a new phase of climate instability in which extreme weather events become normal

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Russian forces advance on key Donbas "Fortress Belt" cities

Russian forces have continued to make incremental gains across eastern Ukraine, moving closer to several key urban centres as Ukrainian officials and military analysts warn that the battlefield situation is deteriorating slowly.

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Trump's four-part strategy for a post-American world: retreat, rebel, replace and reform international institutions

Trump has broken with the paradigm of the rules based international order and is causing chaos with his “America first” approach. But actually he has four approaches to reforming international bodies: retreat, rebel, replace and reform.

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Peru reasserts control over China's flagship South American port

China's flagship port just lost its shield. A Lima court stripped COSCO of regulatory immunity at Chancay, echoing Washington's Panama playbook. But a graft trail through Peru's own port officials suggests sovereignty was never the only motive.

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Kazakhstan aims to create Central Asia's crypto capital

Turkey detains comedian who called Erdogan “dictator”

Hungary strips fugitive Polish ex-minister Ziobro of asylum

Kazakhstan aims to create Central Asia's crypto capital

Kazakhstan’s planned Alatau City aims to become Central Asia's crypto capital, with major partners onboard and $6bn in investment secured.

Turkey detains comedian who called Erdogan “dictator”

Turkish police detained popular stand-up comedian Deniz Goktas at Istanbul Airport during a passport control check upon his return to Turkey from a trip abroad.

Hungary strips fugitive Polish ex-minister Ziobro of asylum

Hungary has revoked refugee status for fugitive former Polish Justice Minister Zbigniew Ziobro, clearing the way for Poland to intensify efforts to bring him home to face trial.

News

South Korea raises alert after foot-and-mouth disease outbreak

The ministry said on July 3 that the infections had been identified at farms in Yecheon, about 160km south-east of Seoul.

Lukashenko hails Indonesia as Belarus' key partner in Southeast Asia

Speaking after their meeting at the Merdeka Palace on July 2, Lukashenko said Indonesia would remain a key partner for Belarus in the region. He said even a single strong partner in Southeast Asia would be of significant value to Belarus.

Mexico and Canada look for new solutions as US officials decline USMCA renewal

As trade officials from the United States declined to renew the United States-Mexico-Canada Agreement (USMCA) officials from Canada and Mexico are poised to react as the deal, worth nearly $2tn a year, sees an uncertain future.

Zelenskiy reportedly sought to dissuade former army chief Zaluzhnyi from presidential bid

Ukrainian President Volodymyr Zelenskiy privately asked former commander-in-chief Valerii Zaluzhnyi if he intended to run in a future presidential election and urged him to avoid a potentially divisive contest, Ukrainska Pravda reported.

Iraq intensifies anti-corruption campaign as reports emerge of $57mn cash haul and 27kg of gold

Iraq's sweeping anti-corruption campaign has intensified with the detention of dozens of politicians, lawmakers and senior officials.

South Korea raises alert after foot-and-mouth disease outbreak

8 hours ago

Lukashenko hails Indonesia as Belarus' key partner in Southeast Asia

8 hours ago

Mexico and Canada look for new solutions as US officials decline USMCA renewal

9 hours ago

Zelenskiy reportedly sought to dissuade former army chief Zaluzhnyi from presidential bid

22 hours ago

Iraq intensifies anti-corruption campaign as reports emerge of $57mn cash haul and 27kg of gold

Latest Updates

News

The ministry said on July 3 that the infections had been identified at farms in Yecheon, about 160km south-east of Seoul.

Speaking after their meeting at the Merdeka Palace on July 2, Lukashenko said Indonesia would remain a key partner for Belarus in the region. He said even a single strong partner in Southeast Asia would be of significant value to Belarus.

As trade officials from the United States declined to renew the United States-Mexico-Canada Agreement (USMCA) officials from Canada and Mexico are poised to react as the deal, worth nearly $2tn a year, sees an uncertain future.

Ukrainian President Volodymyr Zelenskiy privately asked former commander-in-chief Valerii Zaluzhnyi if he intended to run in a future presidential election and urged him to avoid a potentially divisive contest, Ukrainska Pravda reported.

Iraq's sweeping anti-corruption campaign has intensified with the detention of dozens of politicians, lawmakers and senior officials.

Tech

Oman's spaceport operator Etlaq has signed a letter of intent with France's Latitude for an experimental rocket launch targeted for late 2027. Find out how the deal fits Oman's push to become a regional space hub.

The World Semiconductor Trade Statistics has significantly upgraded its global outlook, forecasting semiconductor sales to jump 90% year on year to $1.51 trillion in 2026, before expanding a further 27% to around $1.9 trillion in 2027.

State Security Service says the radicalisation of young people is becoming an increasing concern, reflecting a wider trend seen across Europe as extremist groups use online platforms to recruit vulnerable individuals.

At Hotel Bled Rose, the humanoid robot is designed to handle a wide range of guest services, including welcoming visitors, answering questions about the hotel and handling check-in.

New lender enters a banking market where cash remains widely used and digital financial services are still developing.

Opinion

The minerals are there but the planned scale of production requires a dozen or more new processing plants.

The two countries have long been on a collision course over their differing interpretations of WWII history, but why did the clash happen now?

Europe’s rapid push into defence technology risks undermining its own security ambitions unless policymakers develop a coherent strategy, says Carnegie Europe report.

Weeks of anti-government protests in Albania have evolved into the most significant grassroots challenge to Prime Minister Edi Rama in years, according to an OSW analysis.

The government's objective of lifting clean energy to more than half of installed capacity by 2030 looks increasingly realistic.

Data

Russian public confidence in the economy has collapsed to its lowest level in at least two decades, according to a new Gallup survey, suggesting the economic resilience that underpinned the Kremlin's wartime strategy may be beginning to fray.

Russia's manufacturing sector returned to modest growth in June after more than a year of stagnation, as improving domestic demand offset a renewed deterioration in export markets, although businesses remained cautious over the outlook.

Sales of sausage products in Russia fell across most categories in 1Q26 as consumers shifted to cheaper protein and ready meals, which is making producers nervous.

June PMI data "signalled a sharper upturn in the Czech manufacturing sector", says Siân Jones, principal economist at S&P Global.

Jump points to the effect of euro adoption on Bulgaria's capital market, with market participants viewing the switch as reducing currency risk and drawing greater foreign investor participation in local assets.

Features

"That is not a gap in the market; that is a market," says central bank fintech expert, pointing to the millions of consumers underserved by traditional banking.

At the centre of the issue is scale. Japan holds around $1.2 - $1.24 trillion in US government debt, a figure almost double the amount held by neighbouring China – itself locked into a protracted sell-off of the same US Treasuries in recent months.

Elaborate preparations for Nato summit may boost President Erdogan's credentials as a powerful leader able to hobnob and haggle with other world leaders.

Ukraine has become a European hub for multimillion dollar online scamming call centres. The attempted murder of Ukrainian businessman Vadym Iermolaiev in Monaco on June 28 is likely to be connected to his illegal call centre operations.

Argentina's Milei ghosted the 68th Mercosur summit in Luque to avoid facing Lula after hosting Flávio Bolsonaro in Buenos Aires, as Paraguay fought to stop Buenos Aires from hoarding EU export quotas. The bloc's unity is eroding in real time.

Blogs

A bomber targeted Ukrainian real estate mogul and online scammer yesterday in Monaco, the principality’s first ever terror attack, in the latest of a string of alleged SBU assassinations overseas.

Serbia's President Aleksandar Vučić has confirmed he will resign within weeks, signalling the start of an election campaign that could reshape the country's political landscape.

The efforts to bring the war in Ukraine to an end have stalled in the face of an escalating exchange of drone and missiles and the stalemated EU efforts to mediate.

Prime Minister Edi Rama’s government has been targeted by a wave of mass protests dubbed the "Flamingo Revolution".

The E3 European leaders met in London over the weekend to thrash out a new formula to take to the Kremlin and end the war in Ukraine. Unfortunately, the document they produced takes us all the way back to the very beginning of the process.

bneGREEN

ADB says emissions reductions in Azerbaijan's transport sector can be achieved through a modal shift toward rail, the adoption of cleaner fuels and energy efficiency measures.

Rain briefly brought relief from high temperatures, but it left behind flooded streets and disrupted traffic.

Heat-related mortality in Europe has surged over the last couple of decades. This is according to the latest available data published by the Lancet Countdown 2025 Report, Statista reports.

Europe is enduring its most intense early summer heatwave on record, with temperatures exceeding 40°C in several countries and breaking local June records across southern and western Europe. Next up is a super El Nino that is appearning now.

Digital platforms – from online marketplaces to social media – are no longer just convenient places to shop, stream, or connect. They’re major economic engines shaping supply chains, labour markets, and consumption patterns.

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Nato General Secretary Mark Rutte warned that the West needs to prepare of the possibility that Chinese President Xi Jinping will ....

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