News
Ecuador recaptures most-wanted drug lord 'Fito' after year-long manhunt
Ecuadorean authorities have recaptured the country's most-wanted fugitive, drug lord José Adolfo Macías Villamar, known as "Fito," following a dramatic 10-hour operation that ended more than a year on the run.
Putin heads to Belarus for EEU summit amid divisions within bloc
Russian President Vladimir Putin will travel to Belarus on June 26-27 to attend events commemorating the tenth anniversary of the Eurasian Economic Union.
Serbia arrests alleged coup plotters ahead of Vidovdan protest
Several people have been arrested and accused of plotting to violently overthrow the government ahead of a major anti-government rally.
IMF: Chile can grow faster – but it won’t be like the 1990s again
Chile's socioeconomic strains stem from growth fading to 2%. Outpacing peers is harder due to ageing population and weak global tech gains. IMF urges supply-side fixes: slash red tape, boost female workers, leverage green energy and ramp up R&D
Iran’s Supreme Leader declares Israel was crushed by Iranian strikes
Iran’s Supreme Leader, Ayatollah Ali Khamenei, appeared in a recorded televised address on June 26, following the Iran-Israel ceasefire, hailing what he described as Iran’s victory over the "fake regime” of Israel.
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Argentina confident of $2bn IMF disbursement despite missing reserve targets
The International Monetary Fund (IMF) has commenced its first review of Argentina under President Javier Milei's new Extended Fund Facility (EFF) $20bn programme.
Kazakhstan denies Ukrainian drones attacking Russia via its airspace
Moscow said dozens crossed western parts of its neighbour headed for Russian targets.
Nato members agree to 5% GDP spending hike, but will they pay?
Nato leaders agreed to raise defence spending to 5% of GDP by 2035 and renewed their commitment to collective defence at the Nato summit held in the Hague on June 25, but how many of them will pay?
Czech court rules against French EDF in Dukovany nuclear tender lawsuit
The regional court in Czechia’s second-largest city, Brno, has rejected the lawsuit of the French Électricité de France filed against the previous ruling of the Czech antitrust office ÚOHS.
Kazakhstan raises $2.5bn in eurobonds
Issuance oversubscribed by a factor of two.
Fitch affirms Brazil 'BB' rating but flags fiscal uncertainties
Fitch Ratings has affirmed Brazil's long-term foreign currency rating at 'BB' with a stable outlook, citing the country's resilient economy but warning of mounting fiscal pressures and political uncertainties.
Serbia posts first trade surplus with Germany in two decades
Bilateral trade reached €9bn last year, with Serbia posting a €293mn surplus — a rare outcome for countries trading with Germany, one of the world’s largest exporters.
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Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
Brazil's hosting of next month's BRICS summit is being overshadowed by the likely absence of two of the bloc's most powerful leaders, threatening to dent the gathering's geopolitical significance.
Senior Armenian cleric arrested over alleged coup plot
National Security Service claimed Archbishop Bagrat Galstanyan and his supporters were preparing to seize power through violent means.
Uzbek President appoints his daughter Saida as head of his administration
In a move widely interpreted as Uzbek President Shavkat Mirziyoyev consolidating his hold on power, he has appointed his daughter, Saida Mirziyoyeva, as head of the presidential administration – the second most powerful job in the country.
Iran president calls 12-day conflict solidarity opportunity for officials' transformation
Iranian President Masoud Pezeshkian said the unprecedented solidarity created during the recent conflict provides an opportunity for transformation in management and officials' behaviour.
Argentina economy grows at fastest rate since 2022
Argentina's economy expanded 5.8% y/y in the first quarter of 2025, marking the second consecutive quarter of growth and the strongest performance since 2022, according to official data.
Iran parliament votes to suspend nuclear cooperation with UN watchdog
Iran's parliament has voted overwhelmingly on June 25 to suspend all cooperation with the UN's International Atomic Energy Agency.
Estonia already spending more than 5% on Nato defences as it prepares for possible war with Russia
Nato members are gathering in The Hague for the annual security conference on June 25 where the US is demanding countries increase defence spending to at least 5% of GDP by 2035. Estonia is already there.
Slovak President Pellegrini backs postponement of new Nato spending target to 2035
Slovak President Peter Pellegrini has backed the postponement of the new Nato defence spending target of 5% of GDP to 2035.