News

Iran revives Mark 1 Dacia Logan as Pars ‘Nova’ in relaunch

bnm Tehran bureau August 12, 2025

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

Iulian Ernst in Bucharest August 12, 2025

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

Iulian Ernst in Bucharest August 12, 2025

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

Cavid Aga in Warsaw August 12, 2025

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

bne IntelliNews August 11, 2025

Frustration growing among holidaymakers already convinced country has fallen out of the “budget-friendly” league.

Kosovo's months-long political deadlock cost economy €300mn

bne IntelliNews August 11, 2025

Kosovo Business Alliance warns lengthy political crisis has paralysed state decision-making and caused massive losses across the economy.

US ends Ukraine war funding, says vice president JD Vance

bne IntelliNews August 11, 2025

US Vice President JD Vance has said that Washington has stopped financing Ukraine’s war effort, signalling a shift in policy under President Donald Trump towards pushing European allies to take greater responsibility in supporting Kyiv.

Iran restarts production of Peugeot 207 sedan after five-year hiatus

bnm Tehran bureau August 11, 2025

Iran Khodro, Iran’s largest carmaker, has announced the resumption of production of the Peugeot 207 sedan after a five-year hiatus. But, will anyone buy it?

Colombian senator Miguel Uribe dies two months after assassination attempt

bnl editorial staff August 11, 2025

Colombian senator and right-wing presidential hopeful Miguel Uribe Turbay has died following a two-month battle to survive gunshot wounds sustained at a campaign rally.

Kenyan retailers roil against proposed sweeping curbs on online alcohol sales, influencer promotions

bne IntelliNews August 11, 2025

If implemented, the measures would disrupt a delivery-based retail model for alcohol sales that grew sharply during COVID-19 restrictions. Critics warn the ban could push sales into unregulated channels and fuel counterfeit production.

Iraq launches $2bn dairy and food industry projects in Karbala

bnm Gulf bureau August 11, 2025

Iraq launches $2bn food industry projects in Karbala including dairy factory with 3,000-tonne daily capacity and meat facility processing 1,500 cattle daily, operated by Etihad Food Industries.

Watchdog condemns Israel's targeting of journalists in Gaza

bnm Gulf bureau bne Gulf bureau August 11, 2025

CPJ condemns Israel's killing of five journalists in Gaza, including Al Jazeera's Anas al-Sharif, saying pattern of labelling journalists as militants without evidence raises press freedom concerns.

Ghana launches gold coin to bolster savings and monetary policy

bne IntelliNews August 11, 2025

The Ghana Gold Coin is designed as a hedge against inflation, a store of value during currency swings, and an alternative to volatile equities or bonds.

Bolivia faces historic election amid economic crisis and political split

Alek Buttermann August 11, 2025

Bolivia heads to the polls on August 17 in what could become the first presidential election in its history to be decided in a second round by popular vote, reflecting a fractured political field and deep economic instability.

Turkish reactions to US-brokered Azerbaijan-Armenia peace deal split between strong support and deep suspicion

Cavid Aga in Warsaw August 11, 2025

Erdogan welcomes accord but main opposition says Trump reduced Turkey to a "spectator" in vital foreign policy matter.

Ukraine slams Slovak strongman Fico, saying he does not understand causes of war in Ukraine

Albin Sybera in Prague August 11, 2025

PM Robert Fico and his nominally leftist Smer party have moved deep into national conservative waters and adopted pro-Kremlin propaganda talking points about Russia being “provoked” into invading Ukraine.

Largest shareholder of Russia's Samolet Group Mikhail Kenin dies at 57

bne IntelliNews August 10, 2025

Russia’s largest residential developer Samolet Group announces death of top shareholder Mikhail Kenin.

Iran says next round of talks with US and Europe not yet scheduled

bnm Tehran bureau August 10, 2025

Iran’s foreign minister says no date set for US or EU talks, confirms IAEA meeting, warns on foreign presence in Caucasus, and condemns Gaza occupation.

Israeli UN representative says no plan for permanent Gaza occupation

bnm Gulf bureau August 10, 2025

Israel tells UNSC it does not plan to permanently occupy Gaza, outlining five principles for ending the war and calling for global focus on dismantling Hamas.

Georgian Dream accuses former-ruling UNM of starting 2008 Russo-Georgian war

bne IntelliNews August 10, 2025

On war's 17th anniversary, top Georgian government officials claim ex-president Mikheil Saakashvili provoked the conflict in comments quickly backed by Moscow.

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