News
Pellegrini beats Korcok to become the next Slovak president
Parliamentary speaker's victory has raised fears that it will strengthen populist premier Robert Fico’s grip on the country’s institutions.
Turkish exporters demand dual exchange rate system, push for 40 to dollar minimum
IHBIR trade group says companies forced to sell 40% of FX revenues to central bank at rate far behind inflation.
Kyrgyzstan: China solidifying economic hold on Bishkek
Fear of secondary sanctions prompting the cutting of a major fiscal cord with Russia.
Poles go to municipal elections in first political test for Tusk’s coalition
Recent polls show that Tusk’s Civic Coalition averages nearly 31% of the regional vote, followed by PiS at just over 28%.
Orban’s son-in-law and Russian oligarch reportedly attempted to buy stakes in Spar
The bids were allegedly part of a campaign by the Hungarian government to force the retailer to allow businessmen close to the Orban regime to enter the company.
Romania holds policy rate at 7%
Inflation is expected to continue decline, but still unclear if central bank will launch monetary easing cycle in May.
Iran's supreme leader performs impromptu prayers for murdered Revolutionary Guards
Iran’s Ayatollah Ali Khamenei, the Supreme Leader of the Islamic Republic, performed prayers over the coffins of the seven murdered Islamic Revolutionary Guards Corps (IRGC) in Tehran late on April 4
McDonald's to buy back Israeli franchise from Alonyal following IDF support
McDonald's is acquiring its Israeli franchise from Alonyal Ltd, regaining control over 225 outlets in Israel. Alonyal's move to pull out follows recent controversies.
Euromax Resources mulls international arbitration over North Macedonia mine dispute
Canada-based exploration company says its rights were "trampled on" by Skopje.
Sunni militant attack on security forces jolts Iran
At least three military bases in Iran’s south-eastern province of Sistan-Baluchestan have come under insurgent attacks in the early hours of April 4 security forces with at least 12 security forces reported killed.
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Iran to ration fuelling at petrol stations amid price hike rumours
Iranian motorists will have to use “only” their fuel cards to fill up their cars at petrol stations as of April 13, Oil Minister Javad Owji said, as the government is set to cut down high fuel consumption.
Romanian bank analysts don't expect rate cut before May
Ahead of BNR rate-setting meeting, BCR and ING analysts say they expect no change in April but policy rate to be reduced to 5.75-7% by end-2024.
Ukraine recruiting war mercenaries from Tajikistan, Russia’s security council chief reported as saying
Nikolai Patrushev said to have claimed Kyiv is running the recruitment via an operation at its embassy in Dushanbe.
Iran's leadership remains muted on response to Israeli airstrike
Iran’s leader, Ali Khamenei, has been unusually muted in his first official response to the killing of seven military officers in Damascus on April 1.
Nato chief proposes $100bn fund to aid Ukraine
Up to now voluntary Western support for Ukraine has been co-ordinated through the Ramstein group headed by the US.
US told Moscow that Crocus City Hall was terrorist target
According to officials speaking to the American outlet, the US highlighted the venue as a possible target, two weeks before terrorists from Islamic State – Khorasan Province (ISIS-K) killed 144 people and injured hundreds more.
Turkey’s official March annual inflation up 2 pp at 69% y/y, but monthly figure falls again
ENAG’s alternative headline figure calculated at 125% y/y.
Georgia's ruling party reintroduces 'foreign agents law' despite past protests
Western partners of Georgia view the law as an obstacle to Georgia's Western integration.
Romanian president's hopes of leading Nato fade
Estonia and Lithuania announced support for rival candidate Mark Rutte on April 2, while the US also confirmed its backing for the Dutch PM.
Defiant RBI under fire as Deripaska Strabag deal proceeds
Washington could reportedly impose penalties on the bank for violating sanctions if deal goes ahead.