Eastern Europe / News

Thousands attend funeral of Russian opposition figure Alexey Navalny despite threat of arrest

bne IntelliNews March 1, 2024

Thousands of mourners gathered at the Quench My Sorrows church in Moscow's Maryino district to attend the funeral service of Russian opposition political Alexey Navalny.

Putin warns Nato of risk of nuclear war, tries to rally the population in his State of the Nation speech

Ben Aris in Berlin February 29, 2024

Putin rattled Russia’s nuclear sabre and tried to rally the people to his flag in a time of war in his annual State of the Nation Address to both houses of the Federal Assembly, the Russian parliament, on February 29.

Lukashenko to stand for re-election as president in 2025

bne IntelliNews February 29, 2024

Belarusian President Alexander Lukashenko, who has been in power since 1994, announced he will stand for re-election again in 2025, state media reported on February 25.

Ukraine's Zelenskiy seeks support from Southeast Europe at Tirana summit

bne IntelliNews February 28, 2024

Ukrainian president and Albanian prime minister warn of Russian threat to destabilise the region.

Russia’s Sberbank makes record $16bn profit in 2023

bne IntelliNews February 28, 2024

Russia’s largest state-controlled bank Sberbank (Sber) posted 5.5-fold year-on-year net IFRS profit jump to a record-high of RUB1.5 trillion ($16.3bn) and made a return on equity (ROE) of 25.3%.

Transnistrian politicians appeal to Russia for protection

bne IntelliNews February 28, 2024

Politicians in the Moldovan separatist republic of Transnistria called on Russia and the international community for help, accused Chisinau of "economic strangulation".

Czech plan reportedly secures 800,000 pieces of ammunition for Ukraine

Albin Sybera February 28, 2024

Czechs use worldwide arms contacts to locate ammunition stocks which “for political reasons” the supplying countries won’t be able to deliver themselves.

British man arrested after illegally trying to cross Russian border to meet online fiancée

bne IntelliNews February 28, 2024

A lovestruck Brit was arrested on February 23 after attempting to illegally cross the border from Poland into Russia, where he wanted to meet a girl he had met online.

Kyrgyzstan: Where are all the autos going?

Eurasianet February 27, 2024

Country’s balance of trade heavily favours imports over exports.

Ukraine’s Zelenskiy drops into Saudi in low profile visit

bne correspondent February 27, 2024

Ukrainian President Volodymyr Zelenskiy arrived in Saudi Arabia on February 27 for discussions with Crown Prince Mohammed bin Salman

Russia warns WWIII “inevitable” if West sends troops to Ukraine

Ben Aris in Berlin February 27, 2024

The Kremlin warned that WWIII would become “inevitable” if Western countries sent troops to fight in Ukraine, "In that case, it’s not going to be about probability, but inevitability, " presidential spokesman Dmitry Peskov said.

Macron says sending Nato ground troops to Ukraine should not be ruled out

bne IntelliNews February 27, 2024

French president says Russia now presents a greater danger and nothing should be excluded.

Belarus holds parliamentary elections, Tikhanovskaya hacks Minsk TV Billboards with protest message

bne IntelliNews February 27, 2024

Opposition leader Svetlana Tikhanovskaya embarrassed Belarusian President Lukashenko after hacking 2,000 giant TV billboards in Minsk and broadcasting an anti-war message on the day of sham Belarus parliamentary elections.

US claims sanctions success, says Russia’s financial flows with Turkey, UAE and Kazakhstan disrupted

bne IntelliNews February 26, 2024

Washington says secondary sanctions threat against financial firms has put “sand in the gears” of network used to help Kremlin get access to goods.

Navalny murdered to take his name out of play in a high profile prisoner swap deal

bne IntelliNews February 26, 2024

Opposition figure and anti-corruption activist Alexei Navalny was murdered ahead of a planned high profile prisoner swap, his supporters announced on February 26 to “take that bargaining chip off the table.”

EU release thirteenth sanctions packages on Russia

bne IntelliNews February 26, 2024

The EU has finally approved the thirteenth package of sanctions on the Russia, in what observers say are the weakest sanctions year.

Zelenskiy says 31,000 soldiers KIA in first ever comments on Ukraine’s casualty rate

bne IntelliNews February 26, 2024

Ukrainian President Volodymyr Zelenskiy said that 31,000 Ukrainian soldiers have been killed in the conflict in the last two years, putting a figure on the death toll for the first time when speaking at the Year 2024 conference on February 25.

“Unbelievable but true” data show UK firms equipping Russia’s war machine

bne IntelliNews February 23, 2024

Kremlin is end-customer for surging flows of British exports to Kyrgyzstan, Uzbekistan, Armenia and Georgia, new analysis indicates.

Uzbekistan plans $500mn investment to boost Russian gas imports

Eurasianet February 22, 2024

Domestic production is declining as existing fields become exhausted.

Indications grow Turkey-Russia trade hit by tightened US sanctions

bne IntelliNews February 22, 2024

Turkish exports to Russia sank 30% in January. Turkey’s banks facilitating payments wary of being shut out of US financial system.