News

Uzbekistan plans $500mn investment to boost Russian gas imports

Eurasianet February 22, 2024

Domestic production is declining as existing fields become exhausted.

Indications grow Turkey-Russia trade hit by tightened US sanctions

bne IntelliNews February 22, 2024

Turkish exports to Russia sank 30% in January. Turkey’s banks facilitating payments wary of being shut out of US financial system.

Critics warn clock ticking on efforts to stop Putin-style crackdown on civil society in Kyrgyzstan

bne IntelliNews February 22, 2024

Bill taking aim at “foreign” NGOs clears another hurdle in parliament loyal to Japarov regime.

Minister says Serbia 'sitting on billions' in new push to exploit lithium resources

bne IntelliNews February 22, 2024

Mining and Energy Minister Djedovic Handanovic the latest to call for revival of Rio Tinto’s stalled lithium mine project.

EU to lift sanctions on Yandex founder Volozh

bne IntelliNews February 22, 2024

EU countries have agreed to remove the sanctions from the founder of Russian internet major Yandex, Reuters reports citing unnamed sources familiar with the matter.

Russia’s CBR shuts down major e-payment player Qiwi

bne IntelliNews February 22, 2024

The Central Bank of Russia (CBR) has revoked the banking licence of Qiwi Bank, operated by the e-payment system Qiwi, the regulator announced.

Hyundai E&C picked to build new reactor at Bulgaria’s Kozloduy NPP

Denitsa Koseva in Sofia February 21, 2024

Bulgaria plans to boost energy security by expanding the Kozloduy NPP, which has only two working units dating back to the Soviet era.

Albanian opposition protesters hurl Molotov cocktails at prime minister's office

bne IntelliNews February 21, 2024

The demonstration was part of a campaign of civil disobedience by supporters of Sali Berisha, opposition leader and former president and prime minister of Albania.

Navalny team proposes new sanctions to punish Russia

bne IntelliNews February 21, 2024

The opposition leader Alexei Navalny’s team has proposed three new sanctions to punish Russia, following his death in a high-security prison in Russia’s Far North on February 16.

Hungarian State Audit Office fines opposition parties for alleged foreign campaign financing

Tamas Csonka in Budapest February 21, 2024

The Orban government aims to cut off all kinds of funding to its political opponents, while it has an unlimited pool of state funding for campaigns.

Farmer protests grip Poland

Wojciech Kosc in Warsaw February 21, 2024

The Polish government is under mounting pressure to deal with the protests and not let domestic politics compromise its support for Ukraine.

Russia arrests a US-Russian dual citizen on treason charges

bne IntelliNews February 21, 2024

Russia’s Federal Security Service (FSB) has detained Ksenia Khavana, a 33-year old dual Russian and US citizen, on charges of treason for donating $50 to a Ukrainian charity on the day the war in Ukraine began.

Romania starts €200mn dredging operation at port used for Ukraine exports

Iulian Ernst in Bucharest February 21, 2024

Expanding capacity of Romania’s Constanta Port will help Ukrainian grain exporters bypass Poland, where farmers’ protests have erupted.

Hungary’s parliament finally sets date to ratify Sweden’s Nato membership

Tamas Csonka in Budapest February 21, 2024

Hungary’s defiance over the issue has led to further souring of relations with the United States.

Russia puts Navalny’s brother Oleg back on wanted list

bne IntelliNews February 20, 2024

The Russian Interior Ministry has placed Oleg Navalny, the brother of opposition figure Alexey Navalny, on its wanted list for new unspecified criminal allegations on February 20.

Hungary spent whopping €3.5bn on propaganda between 2015-2023

bne IntelliNews February 20, 2024

State advertisement contracts roughly equal half of the entire spending in Hungary’s communication market.

The Bank of Georgia Group to acquire Armenian Ameriabank for $300mn

bne IntelliNews February 20, 2024

The Bank of Georgia Group has announced a preliminary agreement to acquire 100% of Ameriabank, the largest Armenian financial institution, for $303.6mn.

EU says no need to extend Ukrainian gas transit deal

Newsbase February 20, 2024

The European Commission finally states position on future of Russian gas transit via Ukraine.

Turkey releases top exec detained after gold mine landslide disaster within hours

Akin Nazli in Belgrade February 19, 2024

Experts say ultimate cost of accident likely to be many multiples of money saved on mining operations through inadequate construction and/or operation of leach heap in gold extraction.

EU sends naval mission to Red Sea to protect shipping routes

bne correspondent February 19, 2024

The mission's launch comes in response to the Iranian-backed Houthis' continuous drone and missile attacks on commercial vessels.

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