Latest Updates

US moving military assets into striking range of Iran

US President Donald Trump has not committed himself to joining Israel in the war against Iran, but he is moving military assets to within striking range of Tehran to keep that option open.

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Ruling Fidesz prepares for spending blitz as Hungary lifts campaign limits

Hungary's ruling Fidesz party has pushed through legislation to scrap campaign spending limits, paving the way for what analysts expect will be the country's most expensive election campaign to date.

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Czech cabinet survives no-confidence vote filed over bitcoin scandal

The Czech centre-right cabinet of Prime Minister Petr Fiala survived the no-confidence vote filed by the opposition parties over the scandal involving the bitcoin donation of CZK1bn (€40mn) to the Ministry of Justice from a sentenced drug dealer.

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ASIA BLOG: Which side leading Asian nations would back if Iran VS Israel escalates

In the event of an escalation, Beijing would likely call for restraint and push for a negotiated settlement. It may be doing so already behind the scenes. However, its silence or perceived tilt towards Tehran could provoke criticism from the West.

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Analyst’s view – Central Asia has become “like a girl whose house is full of suitors”

Powers including China, Russia, the US and the EU “all promise something to the bride” in scramble for resources such as critical minerals.

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Turkey's Koc in a sweet spot in Uzbekistan's burgeoning real estate sector

The Uzbekistan real estate market has entered a sweet spot. A burgeoning population, rising capital inflows, a growing expat community and strong economic growth have combined to lift everyone’s boat.

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COMMENT: Four scenarios of how the Israel-Iran conflict might play out – Capital Economics

As the conflict between Israel and Iran continues to unfold, the geopolitical uncertainty has prompted wide-ranging assessments of how it might play out. Analysts at Capital Economics have outlined four plausible scenarios.

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The Navoi Mining & Metallurgical Combine is the jewel in Uzbekistan's golden crown

The Navoi Mining & Metallurgical Combine is Uzbekistan’s crown jewel and the fourth largest gold mine in the world. It also epitomises the Central Asian republic’s efforts to modernise its economy.

Latest Updates

News

Iran launched more than 20 missiles towards central and southern Israel on June 19, scoring a direct hit on Soroka Hospital in Beersheba.

The Municipality of Budapest will organise the 30th Budapest Pride event on June 28 as planned, reviving an earlier local tradition of holding a "freedom celebration" coinciding with the anniversary of the withdrawal of Soviet troops.

The European Commission on June 18 launched infringement procedures against Hungary over mandatory markup caps on a range of food and non-food products that the government introduced to counter inflation.

According to a press release by India’s Press Information Bureau, the Indian leader was welcomed with a ceremonial reception at the Banski Dvori palace, following a personal reception by Prime Minister Plenković at the airport earlier in the day.

Hurricane Erick has rapidly intensified as it approaches Mexico's southwestern Pacific coastline, with meteorologists warning it could develop into a major hurricane before making landfall on June 19.

Tech

Iran's largest cryptocurrency exchange Nobitex has suffered a cyberattack resulting in losses exceeding $81.7mn, with the hacker group Predatory Sparrow claiming responsibility.

State trustee appointed to Turkish firm that owns Madrid-based neobank Rebellion Pay and reportedly took over Pakistani operator SadaPay.

Dronamics has become one of the most high-profile EU-based aerospace startups.

Prime Minister Nikol Pashinyan says investment has the potential to transform Armenia's technological landscape.

Israeli police have arrested a 13-year-old Tel Aviv boy suspected of carrying out missions for Iran.

Opinion

Israeli jets entered Turkish airspace. Erdogan hardly blinked.

The threat of escalating conflict between Israel and Iran has returned geopolitical risk to the heart of the global oil market. Yet according to Oxford Economics, the macroeconomic fallout – even in the most extreme case – may be mild.

The recent escalation in hostilities between Israel and Iran has signalled a shift from earlier, more calibrated exchanges to a broader and more sustained confrontation.

Commodity markets are focused on escalating geopolitical tensions between Israel and Iran, with the Middle Eastern conflict sparking a surge in oil prices.

Geopolitics in the Caucasus was already unstable before the war between Israel and Iran broke out at the weekend. Now it has become more confused and threatens to destabilise the region further.

Data

Romania’s public debt rose by €7bn during Q1 2025, mainly due to the FX bonds issued in January and February.

Fifth of Turkey's oil imports pass Strait of Hormuz. Ankara confident it could replace these shipments if passage was disrupted amid conflict.

Pakistan’s central bank has kept the interest rate unchanged at 11%, citing fresh inflationary risks due to volatile global oil prices and regional geopolitical tensions.

Consumer prices in Belarus rose 0.7% in May, pushing annual inflation to 7.1%, according to data published by the National Statistical Committee, Belstat, on June 10. The latest figures show inflation outpacing government targets and accelerating fro

In 2025, gold prices reached unprecedented levels, with spot gold trading at above $3,932 per troy ounce as of May 7th, an increase of over 83% within just a year.

Features

While New Delhi supports non-proliferation, it does not favour unilateral military solutions. A full-scale Israeli strike on Iranian nuclear facilities could lead to regional chaos and spike oil prices, directly hurting Indian economic interests.

Western unity to support Ukraine in its existential struggle with Russia has collapsedю The G7 summit of the world’s richest nations in Canada, broke up on June 17 without releasing a statement condemning Russia’s military occupation of Ukraine.

Polish convenience store operator Żabka has opened its 100th Froo-branded store in Romania, one year after launching in the market, the company said on June 16.

In a bold diplomatic stance, Prime Minister Datuk Seri Anwar Ibrahim declared Malaysia’s support for Iran’s retaliation against Israel, citing the country’s right to defend its national dignity.

As open hostilities once again affect millions in the Middle East, 42 Indonesian citizens have found themselves stranded in Tel Aviv after Israel closed its main international airport.

Blogs

Tehran's residents remain behind despite calls by President Donald Trump to evacuate the city of 12mn.

Armenia finds itself increasingly isolated in a volatile neighbourhood, surrounded by historic foes and uncertain allies.

Five years after the COVID-19 pandemic began, Azerbaijan remains the only country in the region to keep its land borders closed, not only to foreign nationals but also to its own citizens.

Erdogan manages to get Trump on phone twice in two days.

Israeli airstrikes on Iran persisted into June 15, with explosions rocking various parts of Tehran, Karaj, Isfahan and Kermanshah until midday.

bneGREEN

Across the region, six units exceeded their individual ceilings for sulphur dioxide emissions by more than ten times last year, according to a survey by environmental NGO CEE Bankwatch.

Climate disaster-related spending globally has reached $18.5 trillion since 2000, according to a new analysis by Bloomberg Intelligence.

Solution favoured by Astana will help balance relations with Moscow and Beijing.

Issuance drew strong demand from both regional and international investors, surpassing its initial target of €110mn.

Should South Korea continue spreading its efforts across short-term, individual projects – often tied to specific, time-consuming contracts – or should it double down on long-term, bilateral nuclear research partnerships?

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In this episode of the Emerging Global Podcast, Ruthie Blum, former advisor to the Office of Israeli Prime Minister Benjamin Netan....

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