News

Trump halts Iran strikes after deal reached with Tehran, Israel surprised

bne IntelliNews June 11, 2026

US President Donald Trump says he has cancelled planned strikes on Iran after a deal was approved at the highest level of Iranian leadership, with a naval blockade to stay in force until it is finalised. Iran has not confirmed.

Serbia's Vucic says he may resign to run for prime minister

bne IntelliNews June 11, 2026

President Aleksandar Vucic said he plans to resign in the coming months and is considering running for prime minister in the next parliamentary elections.

EU-regulated CI Ratings assigns BBB international rating to EDB with stable outlook

bne IntelliNews June 11, 2026

Highlights strong capital position, robust asset quality, comfortable liquidity profile and low refinancing risk.

Trump says US will hit Iran hard, signals move on Kharg Island oil hub in United States

bnm Gulf bureau June 11, 2026

US President Donald Trump says the United States will hit Iran hard and signals an intention to take Kharg Island and Iran's oil infrastructure, comparing the approach to US policy on Venezuela.

EU disunity deepens as foreign policy chief Kallas’ job comes under attack

Ben Aris in Berlin June 11, 2026

France and Germany are discussing proposals for a radical overhaul of the EU’s 15-year-old diplomatic service and cutting the powers of EU foreign policy chief Kaja Kallas, in an attempt to improve the bloc’s response to geopolitical crises.

"America is great," says Albanian opposition leader after US lifts sanctions

IntelliNews June 11, 2026

Former secretary of state Antony Blinken banned Sali Berisha and his family from entering the US in 2021 because of "significant corruption".

Europe eyes Brazil’s rare earth rush

bnl Sao Paulo bureau June 11, 2026

The European Union is stepping up efforts to secure access to Brazil’s rare earth reserves as Brussels seeks alternatives to Chinese supply chains and responds to growing US interest in the sector, according to diplomats and EU officials.

Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns

Brian Kenety June 11, 2026

Illicit gold has become a critical source of financing for organised crime, armed groups and sanctioned regimes across Africa, a Global Initiative Against Transnational Organized Crime report finds.

Israeli data security firm Cyera raises $600mn at $12bn valuation

IntelliNews Tel Aviv bureau June 11, 2026

Israeli data security company Cyera has raised $600mn in a new funding round at a $12bn valuation, cementing its position as one of Israel's most valuable private technology companies with backers including Accel, Blackstone, and AT&T Ventures.

Netanyahu calls Erdogan “antisemitic dictator” after Turkish leader says Israeli attacks “also threaten Turkey”

IntelliNews Turkey bureau June 11, 2026

Trump says there won’t be military conflict between Israelis and Turks “while I am president”.

Hungary’s leading poultry processor to ditch €1bn investment, cut production without access to foreign labour

bne IntelliNews June 11, 2026

Master Good says its planned expansion in Hungary would be unfeasible under the government’s tightened foreign labour rules.

European envoys seek Moscow talks after London summit demands on Ukraine

Ben Aris in Berlin June 11, 2026

The ambassadors of France, Germany and the UK have requested a meeting with Russia’s foreign ministry following an E3 London summit at which the three European leaders issued a five-point list of demands to end the Ukraine war.

Romanian president urges parties to back PM-designate Tomac amid coalition deadlock

Iulian Ernst in Bucharest June 11, 2026

Nicușor Dan warns against prolonged instability as he struggles to find support for effort to rebuild a pro-Western majority.

Indonesian rupiah back under the IDR18,000 per dollar threshold

IntelliNews June 11, 2026

After collapsing to its weakest historical evaluation of IDR18,190 per US dollar on the morning of June 8, a powerful wave of institutional dollar-selling triggered a massive short squeeze on speculative positions.

US officials avid in commitment to Central Asia critical minerals at Astana meeting

bne IntelliNews June 10, 2026

Trump special envoy to region says deals will be "win-win". Russia, meanwhile, is not amused.

UPDATE: Iran closes Hormuz strait following US bombing campaign

bnm Gulf bureau June 10, 2026

The United States says it has launched strikes against targets in Iran, as Iranian state media report explosions near Minab and Sirik, in accounts that official Iranian sources have yet to confirm.

EU warns Albania's accession process at risk over controversial Kushner-linked resort

bne IntelliNews June 10, 2026

Official warns candidate countries must fully align with EU environmental law as part of their accession path.

Western Balkans set to miss EU transport deadline as projects stall

IntelliNews June 10, 2026

European Court of Auditors points to project delays, weak oversight and concerns over long-term sustainability.

Iran arrests prominent academic Sadegh Zibakalam over Channel 4 interview

bne IntelliNews June 10, 2026

Iran has arrested political scientist Sadegh Zibakalam after he gave a Channel 4 interview in breach of a court ban on media activity, with his case now before the Press and Culture Prosecutors' Office.

Trump claims Iran naval blockade most effective in history as he declares country a 'failed nation'

bnm Gulf bureau June 10, 2026

Trump declares Iran a "failed nation" as he claims the US naval blockade is history's most effective, saying Tehran cannot pay its military and its armed forces have been "completely defeated."

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