News

US sanctions push Serbia’s only refinery toward shutdown

Tatyana Kekic in Belgrade November 25, 2025

Serbia’s sole oil refinery could halt operations within days unless Washington grants a new licence to allow majority Russian-owned NIS to continue processing crude.

Section of separation barrier collapses in heavy rain in Israel

bnm Gulf bureau November 25, 2025

Concrete section of Israel's West Bank separation barrier collapses near Moshav Eliav in heavy rain.

Moldova’s High Court resumes trial of former president Igor Dodon

Iulian Ernst in Bucharest November 25, 2025

"Kuliok" ("the bag") case concerns allegations Dodon took a bribe from Moldovan oligarch Vlad Plahotniuc.

EU commissioner says EC still shares concerns that triggered Article 7 procedure against Hungary

bne IntelliNews November 25, 2025

In his address during a debate at the European Parliament, Michael McGrath noted that the EC regularly expresses its concerns regarding Hungary in its annual Rule of Law Reports.

Mongolia selects new parliament speaker as ruling party seeks stability

Michael Kohn November 24, 2025

Supporters say elevation of “new generation” figure Uchral Nyam-Osor could help reassure investors unsettled by recent turmoil.

Dodik proxy wins presidential election in Bosnia’s Republika Srpska

bne IntelliNews November 24, 2025

Sinisa Karan, backed by ex-president Milorad Dodik’s ruling SNSD, secured just over half of the vote in Republika Srpska, narrowly ahead of opposition candidate Branko Blanusa

Trump’s peace plan for Ukraine cut to 19 points from 28

Ben Aris in Berlin November 24, 2025

EU leaders consider some of the 28 points of the American plan for resolving the Ukrainian conflict unacceptable and the number of items on the list has been parred back to 19, the Financial Times reported on November 24.

Kremlin not satisfied with the European peace plan

Ben Aris in Berlin November 24, 2025

The Kremlin rejects the European proposals to amend the US sponsored 28-point peace plan (28PPP) that was floated last week in an attempt to bring the war in Ukraine to an end, according to Yuri Ushakov, Putin’s top foreign policy advisor.

Emirates airlines launches signed jersey collection to support charity foundation

bne IntelliNews November 24, 2025

Emirates launches Signature Series of authenticated signed football jerseys from Real Madrid, AC Milan and Arsenal partnerships.

Saudi Central Bank licenses Madd Balas for debt-based crowdfunding

bnm Gulf bureau November 24, 2025

Saudi Central Bank licenses Madd Balas for debt-based crowdfunding, bringing total licensed companies for this activity to 14.

Argentine government resists pressure to lift FX controls

Mathew Cohen November 24, 2025

Argentina's government is resisting investor pressure to accelerate foreign exchange liberalisation and allow the peso to float, despite growing concerns about the currency's overvaluation and its impact on economic recovery.

Brazil’s Bolsonaro receives wife visit after ankle monitor tampering led to arrest

bne IntelliNews November 24, 2025

Former Brazilian president Jair Bolsonaro was photographed for the first time since his preventive arrest, appearing with his wife Michelle Bolsonaro at the Federal Police Superintendency in Brasilia.

EDB launches first Islamic finance project with Eastcomtrans in Kazakhstan

bne IntelliNews November 24, 2025

The Eurasian Development Bank has signed its first Islamic finance agreement, marking a milestone in its efforts to diversify financial instruments and expand regional infrastructure investment.

How much common ground is there in the US 28-point peace plan to end the Ukraine war?

Ben Aris in Berlin November 24, 2025

Ever since the ceasefire talks kicked off in Riyadh on February 18, the talks between Moscow and Kyiv have been fraught. There has been little common ground over which to start negotiations.

Who wrote the 28-point peace plan to end the war in Ukraine?

Ben Aris in Berlin November 23, 2025

A mystery has emerged over the identity of the authors of the 28-point peace plan floated last week to bring the war in Ukraine to an end. It’s important as the knee-jerk reaction to initial reports is that it is a Kremlin sponsored wish-list.

EU leaders meet with US officials in Geneva to soften 28-point peace plan to end the war in Ukraine

Ben Aris in Berlin November 23, 2025

Top Ukrainian, US and European officials gathered in Geneva on November 23 to try and find compromises to the 28-point peace plan floated the previous week to end the war in Ukraine, which they see as making major concessions to Russia.

US operations against Maduro “within days”, say officials

bnl editorial staff November 23, 2025

According to Reuters, Washington is set to launch some kind of intervention against Venezuela imminently, as the Trump administration escalates its drive against President Maduro.

Man running UK drug money laundering network bought sanctions-evading bank in Kyrgyzstan, says British crime agency

bne IntelliNews November 23, 2025

Detectives warn Brits that buying cocaine on a Friday night can help fund Russian arms factories.

Israeli airstrike hits residential building in Beirut southern suburbs

bnm Gulf bureau November 23, 2025

Israeli airstrike hits residential building in Beirut southern suburbs, killing at least one and wounding 21. Israel says strike targeted Hezbollah chief of staff.

Erdogan officials make move against second politician with chance of taking president's crown

Akin Nazli in Belgrade November 23, 2025

Permission to prosecute Ankara mayor Mansur Yavas granted. Istanbul mayor Ekrem Imamoglu remains sat in jail.

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