News

Engineering company ‘now paying back wages’ after thousands of Uzbek workers storm and ransack admin building

Alisher Kalandarov in Tashkent October 23, 2020

Anger and frustration reportedly spilled over when jammed door meant no access to work site cafeteria.

Research group finds Turkish inflation running at triple official rate

bne IntelIiNews October 22, 2020

Finding of new project set up by academics and researchers comes with government facing increased scrutiny over whether national statistics are detached from reality.

Russian residential real estate developer Samolet announces IPO price range, shares placed on MOEX ready to trade

Ben Aris in Berlin October 22, 2020

The new kid on the Russian listed residential real estate developer’s block, Samolet Group, has announced the price range for an IPO on Moscow Exchange (MOEX). Trading starts on October 29

Estonia's ruling coalition shakes hands on marriage referendum

Linas Jegelevicius in Vilnius October 22, 2020

Referendum that could rule out gay marriage in Estonia brought forward to spring 2021.

Bulgarian defence minister threatens to send troops into North Macedonia to dismantle war memorials

Valentina Dimitrievska in Skopje October 22, 2020

Skopje condemns threat from fellow Nato member, which follows Bulgarian warnings it may block the start of North Macedonia’s EU accession talks over unresolved historical issues.

25th day of Nagorno-Karabakh conflict brings little to no sign of peace

bne IntelIiNews October 22, 2020

Prospects of Azerbaijani offensive into heavily populated core of enclave are reportedly rising. Turkey calls Minsk mediation group "brain dead".

Czechia moves towards full lockdown as government restricts movement of citizens

bne IntelliNews October 21, 2020

Prague limits free movement of citizens and orders the closure of most retailers as the fastest growth in new coronavirus infections per citizen in Europe was recorded in the country.

Turkey’s Ulker in investor meetings for debut eurobond after wealth fund fails

Akin Nazli in Belgrade October 21, 2020

Confectionery maker reportedly looking to sell 5-year or 7-year papers. Turkey Wealth Fund said to have backed away from holding auction after asked for yields turned out to be higher than officials expected.

US pledges up to €1bn for EU's eastern Three Seas region

Linas Jegelevicius in Vilnius October 21, 2020

Pledge made at virtual summit as Washington seeks to counter Chinese influence in Central and Southeast Europe.

Soaring COVID-19 cases in parts of Central and Southeast Europe force governments to impose new restrictions

bne IntelliNews October 21, 2020

Emergency measures including shop closures in Czech Republic as it struggles with huge surge in new cases. Healthcare services under pressure across the region.

Russia knocked Turkish drones out of sky in Armenia claims report

bne IntellIiNews October 21, 2020

Also amid Nagorno-Karabakh conflict, another report says Russia has deployed a “large” number of border guards to work with Armenian counterparts assigned to protect Armenia’s only border with Iran.

Lukashenko orders “no arrest” for Belarusian revolutionary pensioner Nina Baginskaya

Ben Aris in Berlin October 21, 2020

Belarus' self-appointed President Alexander Lukashenko has banned his security forces from arresting Belarus’ most famous protester: the 73-year old Nina Baginskaya, who has become an international celebrity for her no-compromise protests.

Armenia ‘finds Canadian components on Turkish drone downed in Nagorno-Karabakh’

bne IntelIiNews October 21, 2020

Canada lately banned such military exports to Turkey. Armenian PM urges international community to follow its example.

Azerbaijani, Armenian foreign ministers to ‘meet Pompeo in Washington’

bne IntelIiNews October 20, 2020

Possibility of trilateral session not ruled out as hopes rise for new effort to bring Nagorno-Karabakh conflict to an end.

Poland signs nuclear power development agreement with US

Wojciech Kosc in Warsaw October 19, 2020

Warsaw plans to build as many as six reactors by the early 2040s in a decisive step towards decarbonisation of the emissions-heavy energy sector.

Fire nearly destroys legendary Fischer ski factory in Ukraine

Vladimir Kozlov in Moscow October 19, 2020

The Fischer ski factory in Ukraine must be one of the country’s best kept secrets. Set up in the 40s and employing over 1,000 people, it produces about 60% of all the skis and snowboards that ride the mountains of Europe each season

Top international bond fund blacklists Russia and peers for poor ESG scores

bne IntelliNews October 19, 2020

Top performing Candriam SRI Bond Emerging Markets Fund that has $1.5bn AUM has cut Russia, Kingdom of Saudi Arabia and China from its list of allowed investments due to the country’s poor performance on environmental, social and governance (ESG)

Poland to set up makeshift hospitals as COVID-19 second wave bites hard

Wojciech Kosc in Warsaw October 19, 2020

The fast-rising second wave of infections is threatening to overwhelm the country’s healthcare system.

Hungarian foreign minister strikes back at Joe Biden with Ukraine graft allegations

Tamas Szilagyi in Budapest October 19, 2020

Hungary’s right-wing government — which has openly endorsed Donald Trump in the US presidential race — was angered by the Democratic nominee’s rule of law criticisms and comparison of Hungary and Poland to Belarus.

Nagorno-Karabakh forces quoted as saying ceasefire generally held on October 18

bne IntelIiNews October 19, 2020

Day, however, sees angry exchanges with Armenia and Azerbaijan blaming each other for breaching humanitarian truce.

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