News

Russia destroys 90% of Ukraine retail warehouses, minister says

bne IntelliNews August 31, 2026

Agriculture Minister Taras Vysotskyi says businesses have been forced to decentralise logistics and move to smaller, dispersed warehouses.

US strikes Iran's Larak Island, Iran fires missiles at bases in Jordan

bnm Gulf bureau August 31, 2026

Iran’s Islamic Revolutionary Guard Corps (IRGC) said a “rogue supertanker” caught fire after striking two sea mines in the Strait of Hormuz, hours after the United States attacked an Iranian island in the Persian Gulf.

Poland sets crypto veto vote amid widening Zondacrypto scandal

Wojciech Kosc in Warsaw August 31, 2026

Vote to turn a long-running dispute over implementing the EU’s Markets in Crypto-Assets rules into a test for the opposition.

Chief of Hungary’s new asset-recovery office faces questions over credentials and selection process

IntelliNews August 31, 2026

Hungary's parliament elected political scientist Anna Unger to head the newly established National Asset Recovery and Protection Office, but the appointment has sparked debate among Tisza Party supporters.

Nepal death toll nears 800 as desperate rescue efforts continue

IntelliNews - Chennai Office August 31, 2026

Rescue teams have purportedly been unable to establish communication with individuals trapped inside the affected hydroelectric facilities and the tunnels underneath them

German prosecutors accuse Turkish citizen of senior role in PKK’s Europe network

Akin Nazli in Belgrade August 30, 2026

Yuksel Koc faces indictment alleging membership in a terrorist organisation.

European officials find no sign Russia is preparing to attack Nato

Ben Aris in Berlin August 29, 2026

European officials say they have no evidence that Russia is preparing a conventional attack on Nato or on a Baltic state.

Estonian audit flags serious weaknesses in defence asset management

Lines Jegelevicius in Vilnius August 29, 2026

Findings raise concerns over Estonia’s ability to manage soaring defence spending while ensuring military assets are properly controlled and accounted for.

Trump announces deal giving US majority stake in Venezuelan oilfields

bnl editorial staff August 29, 2026

Washington-backed venture to take majority stake in 17 fields as Caracas seeks investment to revive its ailing oil industry and Trump faces pressure over petrol prices.

Missile War Monitor: petrol queues in Russia, purchase limits in Ukraine's supermarkets

Ben Aris in Berlin August 29, 2026

Petrol was on sale at fewer than a third of Russian filling stations this month after 21 strikes on refineries in August, while Ukraine's biggest supermarket chain began capping purchases at six items after a month of strikes on the warehouses...

Navalny's foundation traces a third of Ozon to Putin's circle

Ben Aris in Berlin August 29, 2026

About a third of Russia's biggest online marketplace was bought with money from one of Vladimir Putin's oldest business allies, the Anti-Corruption Foundation says.

Turkey’s defence ministry hires Trump and Israel-linked lobbyist Ballard on $2.4mn contract

Akin Nazli in Belgrade August 28, 2026

Speculation says Republican fundraiser, who runs top-earning lobby shop in Washington, could push to secure F-35 fighter jets for Ankara.

Tashkent and Beijing are expanding political dialogue across key institutional areas

Ben Aris in Berlin August 28, 2026

Tashkent and Beijing are expanding political dialogue across key institutional areas As part of her visit to Beijing, Saida Mirziyoyeva, Head of the Administration of the President of the Republic of Uzbekistan, met senior Chinese officials.

Six net contributors demand hundreds of billions off the EU's next budget

Ben Aris in Berlin August 28, 2026

Six of the countries that pay for the EU budget want the next one cut by hundreds of billions of euros.

Four EU foreign ministers reopen the fight over Russia's €210bn

Ben Aris in Berlin August 28, 2026

Four EU foreign ministers have told Brussels the money already promised to Ukraine will not be enough, and that Russia's immobilised assets must come back onto the table.

VTB shares rise after bank delays Wildberries deal to September

bne IntelliNews August 28, 2026

Shares in Russia's VTB rose 1.62% after the state bank delayed its Wildberries deal to September, recovering from a record low as first deputy CEO Dmitry Pyanov said the terms were unchanged and a RUB300-400bn share issue would go ahead.

King Harald V of Norway dies at 89, son succeeds as King Haakon VIII

bne IntelliNews August 28, 2026

King Harald V of Norway, Europe's oldest reigning monarch, has died at 89 after a 35-year reign, the palace says. He is succeeded by his son, King Haakon VIII, with Princess Ingrid Alexandra now heir to the throne.

Iran's Araghchi says US pressure won't work after Qatar talks in Tehran

bne IntelliNews August 28, 2026

Iran's Foreign Minister Abbas Araghchi says diplomacy with the United States can be revived only if Washington accepts that pressure does not work following a meeting with Qatari officials on August 27.

Syria processes first international card payment in over 15 years via Mastercard, QNB

bne IntelliNews August 28, 2026

Syria has processed its first international card payment in over 15 years after reconnecting to Mastercard's network, with QNB Syria handling the transaction

Romanian president expects stable government after September 1 consultations

Iulian Ernst in Bucharest August 28, 2026

Nicusur Dan expects new round of consultations to determine whether sufficient support exists for a new government after months of political deadlock.

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