News

Hungarian central bank close to ending easing cycle after 50bp cut in base rate to 7.25%

bne IntelliNews May 22, 2024

The Monetary Council of the National Bank (MNB) reduced the base rate by 50bp to 7.25% at its monthly rate-setting meeting on May 21, in line with forecasts and level with the rate cut a month earlier.

Bodies of President Raisi and colleagues arrive at Tehran's Mosalla

bne Tehran bureau May 21, 2024

The funeral tour of President Ebrahim Raisi and his government colleagues commenced at Tehran's Mosalla Grand Mosque Complex.

Tajikistan: Officials sign deal to modernise TALCO, the country’s largest industrial enterprise

Eurasianet May 21, 2024

Details are lacking on work timeline and investment in aluminium plant.

Kosovo’s Western partners slam decision to shut banks in majority-Serb areas

Valentina Dimitrievska in Skopje May 21, 2024

EU and US say closure of Serbian Postal Savings Bank branches risks escalating tensions in volatile region.

Iran to hold snap elections on June 28 after death of President Raisi

bne Tehran bureau May 21, 2024

Iranian leaders finalised the schedule for snap elections after the death of President Ebrahim Raisi in a helicopter crash, setting June 28 as the date for public vote.

Russian officials will attend Iranian President Raisi's funeral, confirms Kremlin

bne Tehran bureau May 21, 2024

Russian Presidential Press Secretary Dmitry Peskov said State Duma Speaker Vyacheslav Volodin will participate in the farewell ceremony for Iranian President Ebrahim Raisi.

Star Czech footballer signs his side’s jersey bearing antisemitic chant

Albin Sybera May 21, 2024

The scandal has once again exposed the depth of racism among Czech hardcore fans, as well as the lax attitude to this among the Czech football authorities.

1,200 Pakistani students at Kyrgyzstan International University leave country after mob violence shock

bne IntelliNews May 20, 2024

Investigation into mass disorder and incitement of ethnic and racial hatred launched. But officials under fire for pointing finger at "illegal migrants".

Georgian Dream vows to overturn president's veto of "foreign agents" bill

bne IntelliNews May 20, 2024

The bill would require media outlets and NGOs to register as "pursuing the interests of a foreign power" if they receive more than 20 per cent of their funding from abroad.

Caspian Sea water levels dropping cause alarm in Iran's north

bne Tehran bureau May 20, 2024

Ahmad Donyamali, an Iranian MP from Anzali on the Caspian coast, has raised serious concerns in the country’s parliament over the falling water levels of the Caspian Sea, which he says are damaging the Anzali Lagoon.

Who will be the next Iranian president following Raisi’s death?

bne Tehran bureau May 20, 2024

With the death of Iranian President Ebrahim Raisi in a helicopter crash on May 19, many are wondering what happens next in the country of more than 80 million people.

Iranian President Ebrahim Raisi confirmed dead in helicopter crash

bne Tehran bureau May 20, 2024

Iranian President Ebrahim Raisi and Foreign Minister Hossein Amir Abdulrahman have been killed in a helicopter crash, Iranian state television IRIB reported earlier on May 20.

Slovak prime minister's condition no longer considered life-threatening

Albin Sybera May 20, 2024

Interior minister says that investigators are now working on a theory that the assailant was not alone.

Tusk plans to spend €2.35bn on fortifications along Poland's borders with Belarus and Russia

Wojciech Kosc in Warsaw May 20, 2024

Poland already spends close to 4% of its GDP on defence, making it Nato’s top spender.

Central Europe nudges Ukrainian refugees to return home

bne IntelliNews May 20, 2024

Both Czechia and Poland have so far resisted Kyiv’s call to send military-age male refugees home.

Pakistan repatriates 180 citizens after mob violence in Bishkek leaves 29 injured

bne IntelliNews May 19, 2024

Kyrgyz government issues apology following claims authorities were slow to respond to situation and protect international students.

Location of Iranian president's crashed helicopter discovered close to Azerbaijan

bne Tehran bureau May 19, 2024

The Commander of the IRGC in East Azerbaijan has announced that a signal from the helicopter of President Ebrahim Raisi and a crew member's mobile phone was received at the crash site a few minutes ago

EXPLAINER: What happens when an Iranian president dies in office?

bne Tehran bureau May 19, 2024

The death of President Ebrahim Raisi following a helicopter crash at the age of 63 has sent shockwaves through Iran, and now the process of finding his successor begins.

Iran, Azerbaijan open border hydro dam on shared river

bne Tehran bureau May 19, 2024

Iran and Azerbaijan opened a hydroelectric dam on their border with officials calling the megaproject a symbol of “long-term cooperation” and “friendship and amity” between the two nations despite political disagreements in recent years.

Iranian Leader Khamenei consoles following Raisi helicopter crash

bne Tehran bureau May 19, 2024

Four hours after Iran’s President's helicopter lost contact, the country’s Supreme Leader, Ayatollah Ali Khamenei, made an official comment to the congregation at his compound in Tehran.

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