News

Brazil hosts first BRICS Sherpas meeting with expanded membership

bnl Sao Paulo bureau February 27, 2025

Brasilia hosted the first BRICS Sherpas meeting under the Brazilian Presidency on February 24-25, bringing together representatives from all 11 member countries at the Itamaraty Palace.

Hungary seeks to remove three Russian oligarchs from EU sanctions list, reports RFE/RL

bne IntelliNews February 26, 2025

The Russian investigative unit of Radio Free Europe, Systema, has published the names of Russian individuals Hungary seeks to remove from the EU sanctions list.

Bosnia’s Serb entity rejects authority of state-level institutions

bne IntelliNews February 26, 2025

Republika Srpska's parliament takes steps towards secession after the conviction of its president, Milorad Dodik.

Fitch warns over political and geopolitical risks to South Caucasus sovereign ratings

Cavid Aga in Ankara February 26, 2025

Political and geopolitical developments that heighten external vulnerabilities and policy weaknesses in the South Caucasus are exerting a significant influence on the sovereign credit profiles of the region’s countries, rating agency says.

Trump axes Venezuela oil licences in blow to Chevron

Marco Cacciati February 26, 2025

US President Donald Trump has announced the revocation of licences granted by the Biden administration that allowed US oil companies to operate in Venezuela despite crippling sanctions on the country, a move that particularly affects Chevron.

Romanian far-right presidential candidate taken in for questioning

Iulian Ernst in Bucharest February 26, 2025

Elon Musk tweets support for Calin Georgescu after Romanian politician is detained and probed by prosectors for allegedly supporting illegal organisations.

Syria’s new President al-Sharaa warmly welcomed by Jordanian King Abdullah II

bna Cairo bureau February 26, 2025

Syria's interim President Ahmed al-Sharaa arrived in Jordan for high-level talks with King Abdullah II.

BRICS nations push to expand trade in local currencies

bnm Tehran bureau February 26, 2025

Iran has revealed potential plans to develop plans to take on the SWIFT payment system with a new alternative system created by itself and Russia.

Iran to continue ‘maximum patience’ approach, holding out hope for fair US negotiations

bnm Tehran bureau February 26, 2025

Kamal Kharrazi, head of Iran's Strategic Council on Foreign Relations, says conditions are not currently suitable for negotiations with the US.

Trump's migration clampdown endangers remittances lifeline to Central America

bne IntelliNews February 26, 2025

Trump's crackdown threatens vital remittances to Central America, where money sent by migrants makes up to 27% of GDP. The region received $160.9bn in 2024, but these crucial flows now face risk as families depend on them for survival.

Bosnian Serb leader Dodik given prison sentence in verdict set to inflame ethnic tensions

Denitsa Koseva in Sofia February 26, 2025

“There is no more Bosnia & Herzegovina,” says Republika Srpska President Milorad Dodik, after threatening Bosnia’s Serb entity will secede if he is found guilty.

Trump moves to slap tariffs on neighbours, risking North American trade collapse

Alek Buttermann February 26, 2025

US President Donald Trump has confirmed that tariffs on Canadian and Mexican imports will proceed in March, ending a month-long suspension on the planned import taxes that were initially set to take effect in February.

S&P warns of significant fiscal impact from Hungarian government's pre-election tax cuts

bne IntelliNews February 26, 2025

S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks.

Far-right opposition in Romania files no-confidence motion against government

Iulian Ernst in Bucharest February 26, 2025

Parliament expected to reject motion, launched by far-right parties to keep political tensions high until the presidential elections in May.

High representative warns Bosnia can't be broken up as secession threat looms

Denitsa Koseva in Sofia February 26, 2025

Republika Srpska President Milorad Dodik says Bosnia's Serb entity will secede if he is found guilty in an ongoing trial.

New search for MH370 begins a decade after mysterious disappearance

bno - Surabaya bureau February 26, 2025

A renewed effort to locate Malaysia Airlines flight MH370 is underway, more than ten years after the aircraft vanished in one of aviation’s most baffling mysteries.

Taiwan expresses concern for Pope Francis' health as Vatican-China relations warm

bno - Jakarta bureau February 26, 2025

President Lai Ching-te has conveyed Taiwan’s concern for Pope Francis' condition and extended wishes for his speedy recovery, according to the nation's Ministry of Foreign Affairs

Invasion of Ukraine has made life worse, Russians admit

bne IntelliNews February 25, 2025

More than half of Russians believe the ongoing war in Ukraine has negatively affected their daily lives, according to a new survey by the independent research project Chronicles.

Armenia, EU close in on new partnership agreement

bne IntelliNews February 25, 2025

Plans for an ambitious 'partnership agenda' were unveiled last year, coinciding with Armenia's growing estrangement from Russia.

Turkey’s Kazancı plans to invest €1bn in North Macedonia's energy sector

Valentina Dimitrievska in Skopje February 25, 2025

North Macedonia's Prime Minister Hristijan Mickoski says Kazancı's investment will strengthen energy independence and tackle air pollution.

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