News
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Gasoline prices in Turkey down 1% as Trump’s tariffs hit oil prices
Despite annual decline, gasoline price in Turkey still compares a few times higher than the seven liras seen in 2021.
Turkey’s main opposition chair calls UK PM Starmer ‘loser’ in Guardian interview
Turkey’s main opposition Republican People’s Party chair Ozgur Ozel has hit out at the UK’s PM and Labour Party chair, Sir Keir Starmer, for keeping mum amid attacks on its sister party.
Serbia's Vucic mobilises supporters for weekend rally in the capital
President seeks to display strength following months of protests and dwindling support.
Romania’s Banca Transilvania expands in Moldova with takeover of top microfinance firm Microinvest
Acquisition to allow Victoriabank to diversify its portfolio and client base by integrating Microinvest’s strong position in the microfinance sector.
Ecuador gears up for crucial run-off as electoral body deploys high-tech safeguards
Ecuador is preparing for a crucial presidential run-off between Daniel Noboa and Luisa González on April 13, with the National Electoral Council implementing advanced security measures to ensure election integrity.
China ups tariffs on US goods to 125% - Trump's move!
China has sharply increased tariffs on US goods, raising levies from 84% to 125% in a direct response to the latest round of tariff hikes introduced by US President Donald Trump.
Iran to propose temporary nuclear deal to US amid growing tensions
Iran intends to propose a temporary nuclear agreement to the US to ease pressure from Washington and prevent further escalation of conflict.
Hungary's leading retailer mulls contingency plan in wake of government-mandated margin cap
Hungary's second-largest retailer Spar, incurred a loss in 2024 for the third consecutive year, weighed down by windfall taxes and state-imposed price measures that have hit its bottom line.
Cambodia, US to begin tariff talks as 90-day suspension offers brief reprieve
The United States has agreed to Cambodia’s proposal to begin negotiations on tariffs, following a formal request from Prime Minister Hun Manet.
Sri Lanka to review impact of US tariffs, explore talks with Washington
President Anura Kumara Dissanayake convened a meeting with opposition party leaders in Colombo on April 10 to discuss the potential impact of recent US tariffs on Sri Lanka’s economy and explore proposals for engaging with the US government.
Latin American leaders blast US tariffs at CELAC summit as China offers economic lifeline
Latin American leaders gathered in Honduras on April 9 to condemn United States trade measures during the ninth summit of the Community of Latin American and Caribbean States (CELAC).
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US-China rivalry deepens over Panama Canal as Washington pushes new security pact
The Panama Canal is once again at the centre of geopolitical tension, as the United States increases pressure to counter China’s influence in the region.
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US cancels Shell, BP licences for Venezuela and Trinidad offshore projects
In a significant setback for Trinidad and Tobago's energy ambitions, Prime Minister Stuart Young announced that the United States had revoked crucial OFAC licenses that enabled major cross-border natural gas developments with Venezuela.
Serbia keeps reference interest rate steady at 5.75%
The National Bank of Serbia left its benchmark interest rate unchanged at 5.75% on April 10, marking the seventh consecutive month it has held borrowing costs steady.
Argentine government braces for protests following IMF deal
Thousands of Argentines marched in an anti-austerity protest on April 9, setting the stage for a 24-hour general strike as President Javier Milei awaits confirmation of a fresh International Monetary Fund (IMF) loan.
Turkey in close contact with Israel to avoid undesired engagements in Syria
Turkey has been holding technical talks with Israel concerning the de-escalation of any conflict in Syria when needed, Reuters on April 9 quoted Turkey Foreign Minister Hakan Fidan as saying.
Argentine prosecutor seeks arrest of Iran's Khamenei for alleged involvement in Jewish community centre bombing
Argentinian prosecutor Sebastian Basso has requested the arrest of Iran's Supreme Leader Ali Khamenei for his alleged role in the 1994 bombing of a Jewish community centre in Buenos Aires.
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Slovak opposition parties gain majority in polls as populist PM Fico doubles down attacks on NGOs
Slovakia’s opposition parties would secure a parliamentary majority, according to the April poll by NMS agency. The country’s largest opposition party, centrist Progressive Slovakia, leads the polls with 23.2%, ahead of PM Robert Fico's Smer.
Vietnam gold prices hit record highs as global bullion rallies
Gold prices in Vietnam surged to historic highs on April 10, mirroring gains in global markets as investors flocked to the precious metal amid escalating US-China trade tensions and shifting tariff policies.
Vietnam, US business groups urge delay of steep US tariffs as Hanoi wakes to 90-day reprieve
Vietnamese and US business communities calling on the administration of President Donald Trump to warn that the proposed 46% reciprocal tariff could wreak havoc on trade flows have met with a 90-day reprieve