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Latest Updates

News

Russian oil companies failed to fulfil about 60% of gasoline supply contracts on the St Petersburg exchange between May and September, industry sources told Kommersant on September 3.

India continues to import crude oil, as well as other hydrocarbons and commodities from Russia even as the risk of Western and especially US sanctions mount.

European governments are concerned that Moscow is using covert attacks to undermine support for Ukraine and test the EU's readiness to response.

More than 500 international companies have left Russia over four years of war, often transferring local assets to Russian buyers at heavy discounts.

The new Moldova International Stock Exchange is expected to strengthen Moldova’s capital-market infrastructure and diversify financing sources for companies.

Tech

Digi continues to expand its regional telecommunications operations following its international growth and the listing of its Spanish subsidiary.

Taiwanese electronics maker Liteon Technology strengthens its position in infrastructure supporting the rapidly expanding AI data centre market.

Israeli defence tech company XTEND will begin trading on the Nasdaq on September 4 after completing a $1.5bn business combination with real estate developer JFB Construction Holdings.

Satellite to provide data for monitoring and forecasting space weather, including geomagnetic storms and high-energy particle emissions that can disrupt satellites, navigation systems, power grids and communications.

Partnership could strengthen Romania’s position as a logistics gateway for Central and Eastern Europe while giving Romanian merchants selling through Temu access to a wider European delivery network.

Opinion

Kremlin leader may harbour lengthy list of potential grievances.

Tajikistan’s new medium-term macro framework looks like a development manifesto dressed up as a macro table.

Nature Conservancy’s director of biodiversity and infrastructure policy releases closing statement after Ulaanbaatar conference.

As Brazil heads to the polls on October 4, Washington's 'Donroe Doctrine' is turning tariffs, rare earths and a homegrown payments system into fronts in a struggle over America's own backyard.

With trade talks turning “nasty”, Canada’s negotiating position is beginning to emulate that of Iran’s and that is bad news for the US.

Data

Markets still anticipate modest monetary easing before the end of 2026, modelling a cumulative 200-bp reduction to 35%.

Business activity and new orders both decline. Staffing falls further. Input costs rise at weakest rate in five months.

Debt-servicing costs hit a record JPY36.64 trillion. The assumed interest rate used to calculate those payments was lifted to 3.8% from 3.0% in the fiscal 2026 budget.

According to a filing by the bank with India’s stock exchanges, the notes are senior unsecured fixed-rate securities issued through its IFSC Banking Unit, dated September 3, 2026.

The Japanese yen briefly strengthened by more than JPY3 against the US dollar in New York trading on September 3, driven by expectations that the Bank of Japan will raise interest rates in mid-September.

Features

Iran left in lurch.

Croatia's banks were making more money than a year earlier when the first quarter closed. By the end of June that gain had gone.

Europe will miss its 90% full target for gas storage by November and is now on course to hit only 68%. Gas prices have already doubled but another 2022 gas crisis is unlikely, according to IntelliNews Lambda's model.

President Vladimir Putin has ordered the Russian armed forces to prepare massive strikes on Ukraine's energy infrastructure, in what he cast as retaliation for Ukrainian attacks on Russian refineries.

Controversial businessman Alejandro Betancourt's NABEP wins 100-year rights to 17 fields, but contradictions over ownership terms and unresolved legal questions cloud the "biggest oil deal in history."

Blogs

A fresh corruption scandal broke out in Ukraine – this time, it was racketeering by relative junior members of the Zelenskiy administration. Corruption is not a problem of the system in Ukraine; corruption is the system.

At the ancient Egyptian obelisk outside the Blue Mosque, looking along what was once the Hippodrome of Constantinople, I found myself thinking about a tent.

Ukraine's power generation capacity has fallen from 60GW before the war to 12GW today, and a renewed Russian bombing campaign this winter could push the shortfall toward 10GW, even as European gas storage sits near a 15-year low.

Dubious rise to the top is questioned. Watchdog says remarks “incompatible with foreign policy vision”.

Tourist visas denied based on highly subjective assessments of financial means and intentions to use “return” section of plane ticket.

bneGREEN

Hungary is establishing a powerful new environmental authority from January 1, 2027, tasked with tighter oversight of the country’s expanding electric vehicle battery industry.

The slow-moving system is set to combine with an autumn rain front stalled along the southern coast of Honshu, drawing warm, humid air northwards and raising the risk of sustained downpours across Japan through about September 7.

Fires swept across Serbia in August, burning land including more than 3,500 hectares of the Deliblato Sands Special Nature Reserve.

Deal also includes zero-cost land, tax exemptions and offtake assurances.

In another boost to the solar power sector, the Indian Union Cabinet recently approved the Pradhan Mantri Surya Sarovar Yojana, a scheme for the development of floating solar photovoltaic projects.

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