News
White House halts plans for Trump-Putin summit in Budapest
Anonymous White House official tells AFP there are “no plans” for Trump to meet Putin “in the immediate future”, effectively shelving a Budapest gathering that Trump had described as imminent only days earlier.
Grand master mason arrested as part of Turkey’s Can Holding investigation
Second wave of detentions executed.
Istanbul prosecutors summon Koc official and Akfen boss in Imamoglu investigation
Word of move sparked volatility in stocks.
EU decision to ban Russian gas transit raises alarm in Serbia
Belgrade warned that the EU's decision to halt imports and transit of Russian natural gas from 2026 poses a serious threat to its energy security, with senior politicians calling the move "catastrophic".
Ukrainian military strike for first time disrupts operations of Western oil majors
Drone attack damage caused to Russian gas processing plant forces scaling back of output at Kazakh field partly owned by Chevron, Shell and Eni.
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Petrobras secures controversial Amazon drilling licence ahead of COP30 climate summit
Brazil's Petrobras has obtained authorisation to drill an exploratory well near the mouth of the Amazon River, sparking fierce criticism from conservationists just weeks before Brazil hosts UN climate talks.
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Revolut clears final hurdle for Mexico banking debut
Revolut has received final authorisation from Mexico's banking regulator to commence operations, positioning the London-based fintech to launch services within weeks.
Hungary to challenge EU’s ban on Russian gas imports, vows to block REPowerEU
Hungarian Foreign Minister Peter Szijjarto says the European Council’s decision to ban Russian fossil fuel imports by 2027 could jeopardise Hungary’s energy security.
Slovak Foreign Minister Blanár reiterates support for Ukraine’s EU bid
Juraj Blanár says Ukraine is "ready in a way" for accession, but notes objections from some EU member states.
Poland’s Empik prepares Warsaw IPO, reportedly to raise up to €200mn
Book and media retailer Empik is planning to launch an IPO on the Warsaw Stock Exchange in 2026.
Kremlin says leaders’ good relations helped Budapest secure summit
Hungary is expected to host a second summit between Vladimir Putin and Donald Trump on Ukraine after their talks in Alaska in August did not lead to a breakthrough.
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India’s opposition slams Modi over Trump’s Russia oil claim
Indian National Congress leader Jairam Ramesh in an X post criticised Prime Minister Narendra Modi for staying silent over US President Donald Trump’s repeated claims that India would cut back on oil imports from Russia.
EU sets 2028 deadline to end Russian gas imports under phased ban
European Union energy ministers have approved a plan to end all Russian gas imports by 2028, introducing a phased ban on new and existing contracts.
Investigation reveals EU funded phantom mussel farm in Bulgaria
Drones and divers find only sand at Black Sea offshore site that received over €210,000 from European Maritime and Fisheries Fund.
EU mulls partial membership plan to ease enlargement and bypass veto risks
Move is aimed at moving forward with enlargement and overcoming resistance from EU members such as Hungary, but reaching consensus to be a challenge.
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Colombia pulls ambassador from Washington as Trump threatens tariffs
Colombia has recalled its ambassador from Washington after President Donald Trump branded President Gustavo Petro an "illegal drug leader" and pledged to halt all financial assistance whilst threatening enhanced tariffs.
Top US military officer for Latin America quits amid Venezuela tensions
The head of the Pentagon's Southern Command is to step down at the end of the year amid mounting tensions over the Trump administration's military operations in the Caribbean targeting alleged Venezuelan drug traffickers
Iran's Khamenei calls Trump a 'real terrorist'
Iran's Supreme Leader Khamenei tells Trump "what business is it of yours" regarding nuclear industry, calling US president's positions lies and bullying whilst rejecting claims of supporting Iranian people.
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Bolivia elects centrist Rodrigo Paz to lead a nation in chaos
Bolivia has entered a new political era after Rodrigo Paz secured the presidency with 54.5% of the vote, defeating former conservative leader Jorge “Tuto” Quiroga.
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Kazakhstan renews push for lifting of Jackson-Vanik trade restrictions
Visiting Astana official hopes for “speedy resolution.”