Parliamentary commission indicts him on nine counts of corruption. Law signed by ally-turned-enemy and successor Jeenbekov may see him stripped of immunity from prosecution.
Russian air carriers posted a cumulative record-loss of RUB45.3bn ($704Mn) in January-March 2019
Tehran demands economic help from Europe to persuade it away from path that would wreck accord. US accuses Iranians of atomic “extortion”.
Observers see upcoming poll as test of whether Turkey can still claim to be a democracy. Erdogan keeping low profile unlike in run-up to original vote that produced shock opposition win.
Liquidity move will mean national lender will indirectly buy government bonds or print money to finance Treasury.
Russia’s Tambov region has the best governance in Russia, according to a rating by RAEX Rating Review, the company said on June 17.
Prime Minister Pavel Filip resigned, bringing an end to a standoff that saw two rival governments installed in Chisinau. This leaves the unlikely alliance of the pro-Russian Socialists and pro-EU ACUM in charge.
The Sino-Russian ties are deepening as China ramps up its investment into Russian agriculture. Chinese COFCO trading corporation is eyeing a 25% stake in Russian KSK grain terminal in Novorossiysk
The head of the Central Bank of Russia (CBR) Elvira Nabiullina warned the government against spending the National Welfare Fund (NWF), urging policy-makers to preserve the sovereign cushion at above 7% of GDP to hedge against possible external shocks
“I did not come to reign, but serve people,” says the lawyer and environmental activist known as the “Erin Brockovich of Slovakia”, who came out of left field to win the recent presidential election.
$300mn, or 5% of total deposits, were withdrawn from PrivatBank following two court decisions in May that said the 2016 nationalisation of the troubled bank must be undone and the bank returned to its former owners.
Opposition says case concerning $675,000 of funding for the Democratic Party ahead of the 2017 general election is intended to distract from the political crisis in Albania.
Rating agency praised improved governance standards and reforms, saying this provides greater reassurance that North Macedonia “will not revert to the political paralysis of 2014-2017.”
Duo accused of attempting to undermine the economic stability of Turkey, the world’s biggest jailer of journalists for three straight years.
Russia’s leading dollar denominated Russia Trading System (RTS) has surged by just over a quarter YTD as of June 14. Stocks are now trading at a levels above where they were when sanctions were imposed following the annexation of Crimea in 2014.
Law allowing parliament to remove the head of Latvia's financial regulator was passed after a series of scandals that put Riga under pressure to clean up its banking sector.
Russia has suspended allocation of loans to Belarus for a total amount of $600mn, according to Belarusian Finance Minister Maksim Yermolovich.
The combined revenues of the hundred most successful Czech companies topped CZK3bn (€116.5mn) for the first time ever in 2018 after their profits increased by 12.3% year-on-year to CZK210bn (€8.2bn), the Czech News Agency reported on June 11.
Bond issued shortly after Fitch raised Croatia to investment grade was 3.7 times oversubscribed.
Thousands-strong crowds greet the entry of fast fashion giant Primark to Slovenia, as it lines up retail space for future openings in Poland and the Czech Republic.