Eastern Europe / News

Ukrainian oligarch Kolomoisky found liable in $1.9bn UK PrivatBank fraud case

Ben Aris in Berlin July 31, 2025

The long running PrivatBank saga passed an important milestone after a London court ruled that Ukrainian oligarchs Ihor Kolomoisky and Hennadiy Boholiubov are liable for damages after they stole billions of dollars from bank dispositors.

Trump to impose 25% tariffs on Indian imports, penalises Russian oil and arms purchases

bno - Chennai Office July 31, 2025

US President Donald Trump has announced that a 25% tariff, along with an unspecified additional penalty, will be imposed on imports from India starting August 1, citing New Delhi’s continued purchases of Russian oil and military equipment

Russian forces close in on Pokrovsk, Ukrainian defences under growing pressure

Ben Aris in Berlin July 30, 2025

Russian troops are steadily advancing on key logistical hub Pokrovsk in the Donbas from the north, east, and south, using small infantry groups and drone surveillance to stretch Ukrainian forces facing acute manpower and equipment shortages.

Mexican cartels exploit Ukraine war to acquire military drone technology

bne IntelliNews July 30, 2025

Ukrainian counterintelligence has discovered that Mexican and Colombian criminal groups have infiltrated the country's volunteer programme to acquire advanced military drone capabilities for narcotics operations.

Russia quake triggers tsunami alerts along South America's Pacific coast

bne IntelliNews July 30, 2025

A powerful 8.7-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 29 July, prompting a cascade of tsunami alerts across the Pacific, with varying responses across the region.

Ukraine's PrivatBank secures $1.9bn court victory against former owners

bne IntelliNews July 30, 2025

Ukraine's PrivatBank won its London lawsuit against its former owners for allegedly siphoning off nearly $2bn, in a landmark case.

Russia passes toothless “platform economy” law

bne IntelliNews July 30, 2025

The Russian State Duma passed the so-called “platform economy” bill regulating marketplaces and other digital platforms on July 26, according to The Bell citing Duma proceedings, but the final version watered down most proposed restrictions.

Strongest earthquake in Kamchatka since 1952 triggers tsunami alerts across Pacific

bne IntelliNews July 30, 2025

The strongest earthquake since 1952 hit Russia’s Kamchatka peninsula sending a 4m high tsunami towards Hawaii and triggering alarms across the Pacific on July 30.

Huge earthquake in Russia's Far East triggers Pacific-wide tsunami alerts

bno - Taipei Office July 30, 2025

One of the most powerful earthquakes recorded this year struck Russia's Far East in the early hours of July 30, triggering tsunami warnings across the northern Pacific, including for Japan, Alaska, Hawaii and as far south as New Zealand.

EU suspends financial aid to Ukraine over Law 21414 attack on anti-corruption reforms

Ben Aris in Berlin July 29, 2025

The European Union has suspended all financial aid to Ukraine after lawmakers voted through the controversial Law 21414 that strips the leading anti-corruption law enforcement agencies of their independence last week.

Israel's Netanyahu discusses Iran with Russia’s Putin

bnm Gulf bureau July 28, 2025

Israeli Prime Minister Benjamin Netanyahu discussed the Iranian issue during a telephone conversation with Russian President Vladimir Putin, Russian media reported.

Trump sets new 10-12 day deadline for Russia to act on Ukraine

bne Berlin bureau July 28, 2025

US President Donald Trump has set a new deadline of 10 to 12 days for Russia to make progress towards ending the war in Ukraine or face consequences.

Trump to shorten Russia’s 50-day ceasefire deadline to 10-12 days

Ben Aris in Berlin July 28, 2025

US President Donald Trump he will greatly reduce a 50-day deadline for Russia to sign a ceasefire with Ukraine and end hostilities there, because he was “disappointed” with Russian President Vladimir Putin, Reuters reports on July 28.

Ukraine’s EU bid should remain linked to Moldova’s accession - Zelenskiy

Ben Aris in Berlin July 28, 2025

Ukrainian President Volodymyr Zelenskiy told French President Emmanuel Macron that Ukraine’s EU accession bid should remain linked to Moldova’s in a wake of the passage of the controversial Law 21414 that guts Ukraine’s anti-corruption reforms.

Russian oil tanker diverts from India’s sanctioned Nayara Energy Terminal to Mundra Port

bno - Ho Chi Minh Office July 28, 2025

A tanker carrying Russian Urals crude oil, originally scheduled to dock at Nayara Energy’s Vadinar terminal on India’s western coast, has diverted to the nearby Mundra port, according to shipping data and industry sources.

Russia, China to set their own gold exchanges, cut ties with Western control

bne IntelliNews July 27, 2025

Russia and China are taking concrete steps to reduce Western influence over global gold markets, signalling a broader move towards monetary self-reliance and the redomiciliation of gold reserves away from traditional Western centres.

Intense fighting around Pokrovsk as Russia targets logistics hub

Ben Aris in Berlin July 26, 2025

Ukrainian President Volodymyr Zelensky said on July 26 that fierce battles are raging around the key logistical hub eastern city of Pokrovsk, which Russian forces make making an intensified effort to capture.

Kyiv mayor Klitschko and former president Poroshenko face criminal charges

Ben Aris in Berlin July 25, 2025

Ukrainian President Volodymyr Zelenskiy has chosen to end what was probably his worst week in office since he was elected in 2019 by sparking a fresh scandal. Prosecutors are preparing criminal charges against two of his biggest political rivals.

Ukrainian President Zelenskiy backtracks on law enforcement bill following mass protests

Ben Aris in Berlin July 25, 2025

President Volodymyr Zelenskiy seeks to restore the independence of Ukraine's anti-corruption agencies after a controversial law gutting Ukraine’s anti-corruption reforms sparked protests.

Strike breaks out at construction site where Russia is building Turkey’s first nuclear power plant

bne IntelliNews July 24, 2025

Rosatom blames unpaid wages on “unfriendly countries” blocking project funds. Launch of first reactor years behind schedule.

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