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Emerging market Tiger Cities power global growth prospects

Cities across the developing world are set to be among the fastest-growing urban economies in the next quarter century, according to Oxford Economics’ Global Cities Index 2025.

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EU’s influence declines in its neighbourhood as China and Russia gain ground

Chinese presence growing in Western Balkans, while Russia makes gains in Turkey, shows new index developed by wiiw, Bertelsmann Stiftung and ECIPE.

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European diplomats warn Kremlin that Nato is prepared to shoot planes over its airspace

European diplomats warned the Kremlin that Nato is prepared to shoot down any Russian fighter jets that violate their airspace, as military tensions between the EU and Russia continue to mount.

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RuNet grows 40% in 2024 to $250bn, driven by e-commerce and AI

The RuNet economy expanded by 40% in 2024, reaching RUB24.03 trillion, with e-commerce accounting for more than 91% of the total, according to a study by the Russian Association of Electronic Communications.

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Skull discovered in China may – or may not – rewrite human history

Questions are already being raised, with China having made at least half a dozen claims in recent years on much more recent historical issues that have little to no archaeological evidence to back them.

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Indonesia pushes two-state solution, possible recognition of Israel at the UN

Addressing the High-Level Conference on Palestine and the Two-State Solution in New York, the Indonesian president delivered a stark condemnation of the violence in Gaza, framing Israel’s military campaign as genocidal.

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Trump lavishes praise on Erdogan in White House meeting and suggests Turkey stop buying Russian oil and gas

Some big military and civilian aircraft deals may be in the making, but the deal-making remains behind closed doors.

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Lithuanian government confirmed despite outrage over minister’s half-naked dance video

Protests erupt after viral video shows incoming Culture Minister Ignotas Adomavicius dancing lewdly in a hot tub.

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McEwen Copper's $2.7bn Los Azules project wins Argentina approval

ISTANBUL BLOG: Back of the net. Giant-killing as “rich kid” Ali Koc defeated by fox in the box Saran

Slovakia adopts PM Fico’s amendments enshrining two genders in constitution

McEwen Copper's $2.7bn Los Azules project wins Argentina approval

Argentina approves McEwen Copper's Los Azules project for RIGI tax incentives, positioning the country to re-enter copper production by 2029 as global supply deficits emerge and demand soars for the critical metal.

Latest Updates

News

Netanyahu vows to continue Gaza operations as diplomats stage mass walkout during his appearance at the UN.

Iranian rial hits record low of IRR1,085,000 to the US dollar as currency crisis deepens amid international sanctions and economic pressures, severely impacting purchasing power for 85mn Iranians.

Trump blocks Israeli West Bank annexation saying "time to stop" as Israel prepares loudspeakers to broadcast Netanyahu's UN speech to Gaza residents from border positions.

US-based Lockheed Martin Skunk Works has introduced the Vectis, a Group 5 collaborative combat aircraft designed to operate alongside fifth-generation and next-generation fighter jets.

In recent weeks, Seoul has held internal discussions about expanding joint defence commitments, including revisiting missile defence cooperation and rotational stationing of American forces.

Tech

In much of the MEA region, local fintechs and mobile money providers dominate consumer payments, often outpacing global players such as PayPal.

The two states drive Central and South Asia’s rise in a global ranking.

Iranian CRM provider Didar secures funding from Digikala co-founder Hamid Mohammadi, targeting Tehran Stock Exchange listing and regional expansion beyond its 3,000 SME clients.

Russia’s artificial intelligence industry is expanding rapidly but remains hobbled by limited access to advanced computing power due to Western technology sanctions.

NVIDIA and Technology Innovation Institute launch Middle East's first joint AI and robotics laboratory in Abu Dhabi, establishing regional hub for next-generation intelligent systems development.

Opinion

Four extraordinary events happened last week within the span of just 72 hours; a week which may well be remembered as one of the most consequential in the transition from Pax Americana to the multipolar world.

European officials fear that US President Donald Trump’s dramatic U-turn on Ukraine is a back door plan to shift responsibility for the West’s failure to prevent Ukraine’s defeat in its war with Russia or help it recover afterwards.

As an analyst warns of a “near police state”, the president’s rival pleads from his jail cell for democrats everywhere to take an interest.

China is now the only potential buyer of Russian Arctic gas and the only customer with the capacity to absorb significant amounts of gas from the Yamal Peninsula, home to some of the country’s largest reserves.

Vladimir Putin's meeting with Trump in Anchorage backfired. The Russian president is now confident that military escalation will not lead to a significant increase in US military aid to Ukraine, much less intervention.

Data

Business representatives say €9bn real estate investments are “dead capital” that generate neither jobs nor economic growth.

Ukraine’s economy is projected to expand by 2.5% in 2025, down from a previously forecast 3.3%, as the ongoing war with Russia weighs on investment and trade, the EBRD said.

Russia’s Ministry of Finance presented the 2026-2028 budget that keeps spending flat, introduces new taxes to fund a ballooning budget deficit and cuts military spending for the first time in three years.

Russian banks posted sharply lower monthly profits in August as higher loan-loss provisions and weaker interest income weighed on earnings, the Central Bank of Russia said.

Japan’s benchmark Nikkei index closed at a historic high on September 22, supported by expectations of economic stimulus as the contest for leadership of the ruling Liberal Democratic Party formally got underway.

Features

Claims senior politicians could have shielded the director of Budapest-based juvenile correctional institution Szolo Street have the potential to become a "Hungarian Epstein case".

With a razor-thin margin between pro-EU PAS and pro-Russian Patriotic Bloc, voters expect Moldova's general election to be a battle for the country’s future.

Poland will lead an effort to build a “drone wall” to block Europe’s airspace to swarms of Russian UAVs should a pan-regional war ever break out.

The US has ramped up a series of behind-the-scenes pressure tactics on Iraq aimed at reducing Iranian influence across key sectors.

Beijing has used a third party – Argentina - as a bit-player of sorts with which to score points.

Blogs

Turks hit back with a storm of “patriotic” response.

It’s increasingly looking like a clash of civilisations, isn’t it? In the last 24 hours there was yet another Global South summit where the collective leaders of the world’s biggest countries gathered to show unity in the face of US aggression.

The coalition of the willing Paris summit on September 4 ended in disaster. The European team has been working really hard for several weeks to thrash out a plan to save Ukraine and came together in Paris.

Milorad Dodik has been stripped of his role as president of Bosnia's Republika Srpska but he is continuing to operate as if still in power.

Kosovans are running out of patience with the political crisis that has persisted since the February general election, taking its toll on the country’s economy.

bneGREEN

Introduced in June, the framework abandons the uniform tariffs that once rewarded all renewable generation equally, regardless of local demand or grid capacity.

China has announced its first economy-wide commitment to reduce greenhouse gas emissions, pledging a cut of between 7 and 10% by as soon as 2035.

The series of protests showed one of the largest alliances against graft in recent times. From bishops and senators to farmers, urban poor residents and hobby cyclists, participants expressed impatience with scandals draining public resources.

Analysts have repeatedly warned that clean energy investment in developing economies such as Afghanistan, but excluding China, remains dangerously below levels required to meet international climate objectives.

Albania has one of Europe's oldest car fleets, and a waste management sector that lags behind those of EU members and other Western Balkan countries.

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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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