News
Ukraine's position deteriorates ahead of key Trump-Putin summit in Alaska
US President Donald Trump and Russian President Vladimir Putin will meet in Anchorage, Alaska on August 15 in what could be critical talks that could bring the war in Ukraine a step closer.
Japan presses South Korea to end seafood import ban
Japan’s agriculture minister, Shinjiro Koizumi, has urged South Korea to remove restrictions on Japanese seafood imports that were introduced after the 2011 Fukushima nuclear disaster.
Former first lady Kim Keon Hee arrested, making history in South Korea
A Seoul court has approved the arrest of former first lady Kim Keon Hee on allegations including stock price manipulation, interference in election processes, and bribery.
‘Asbestos ship’ ordered to leave Croatian waters
The Moby Drea has been at the centre of a public row since arriving in Split for reconstruction work that includes the removal of asbestos-containing panels
Turkey sells purebred Arabian foal Ergunes in online auction
State agricultural organisation TIGEM turning a notable profit breeding and raising champion horses.
North Macedonia ranks highest in emerging Europe for greenfield FDI performance
With under 2mn inhabitants and 2024 GDP of $16bn, the country punches well above its weight as an FDI destination, finds fDi Intelligence.
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Romania and Slovenia rival NASDAQ 100 returns over the past decade
InterCapital's Divo Pulitika says Romania and Slovenia have delivered some of the highest equity returns globally over the past decade.
European beekeepers oppose higher duty-free honey imports from Ukraine
The European Beekeeping Association (EBA) has called on the European Commission to delay a planned increase in duty-free honey imports from Ukraine, warning that the move risks worsening pressure on the EU’s honey market.
Fire reported at Russian-controlled Zaporizhzhia nuclear plant's cargo port
Fire reported near cargo port of occupied Zaporizhzhia Nuclear Power Plant as Ukraine warns of catastrophic risks from Russian military actions at Europe's largest atomic facility.
Naftogaz wins Austrian court approval to seize Russian assets worth over €120mn
Ukraine’s state-owned Naftogaz Group has secured permission from an Austrian court to enforce a $5bn arbitral award against Russia, in the latest step in its effort to recover compensation for the seizure of its assets in Crimea.
Russia's Tatarstan region reports massive Ukrainian drone attack
Russia's Tatarstan region reports a massive drone attack, with air raid sirens sounding in Almetyevsk, as defence systems intercept 25 Ukrainian drones across multiple regions.
Armenian businessman launches $500mn arbitration case against Yerevan
Russian-Armenian businessman Samvel Karapetyan seeks $500mn in international arbitration against Armenia over alleged illegal expropriation of his electricity distribution company.
Argentina's Milei defends vetoes in nationwide address
Argentine President Javier Milei delivered his seventh nationwide address, defending controversial vetoes published earlier.
US warns investors over Nicaragua border seizures
The United States has cautioned American investors about risks in Nicaragua after the Central American nation passed legislation that critics describe as a sweeping land grab along its borders with Honduras and Costa Rica.
Iran revives Mark 1 Dacia Logan as Pars ‘Nova’ in relaunch
Move over Vauxhall, Iran's former GM plant has nabbed the Nova moniker for a rehashed Dacia sedan from the early 2000s!
Romania’s Social Democrats threaten coalition boycott
Ruling coalition has been under strain over policy differences, particularly on fiscal reforms and public sector restructuring.
Fugitive oligarch Ilan Shor offers $3,000 monthly payments to Moldova protesters
Shor calls on supporters to set up a protest camp in Chisinau's main square ahead of September general election as he seeks to oust pro-EU ruling PAS.
Azerbaijan and Armenia unveil contents of new peace treaty
Agreement initialled in Washington on August 8 outlines comprehensive commitments to end decades of conflict.
Tourists in Turkey fed up with cash-only and card payment scam merchants
Frustration growing among holidaymakers already convinced country has fallen out of the “budget-friendly” league.
Kosovo's months-long political deadlock cost economy €300mn
Kosovo Business Alliance warns lengthy political crisis has paralysed state decision-making and caused massive losses across the economy.