Missiles strikes on Crimea kill nine, as Ukraine breaks through Russia’s last line of defence in Zaporizhia

bne IntelliNews September 23, 2023

The Russian Defence Ministry reported on September 22 that a missile strike originating from Ukraine hit the Russian Crimean city of Sevastopol as Ukraine increasingly targets the disputed peninsula.

Nagorno-Karabakh residents await their fate

bne IntelliNews September 23, 2023

Negotiations in the Azerbaijani city of Yevlakh are focused on security guarantees for the withdrawal of the Nagorno-Karabakh forces to Armenia and amnesties for its soldiers and leaders.

Russia approves first full wartime budget for 2024 with 1.7-fold increase in military spending

Ben Aris in Berlin September 23, 2023

The Russian government has approved its first full wartime budget that will significantly increase military spending in 2024 as well as boost social spending to shelter the population from the effects of war and sanctions.

Top IT company IBS Group is the heart of Russia's digital transformation now

bne IntelliNews September 22, 2023

IBS Group is best known as the leading provider of IT solutions for Russian businesses and regional governments. Since the war in Ukraine started its importance as a source of software has spiked.

Russia bans fuel exports as deliveries to military surge

bne IntelliNews September 22, 2023

Russia has temporarily banned the export of gasoline and diesel to all countries outside a group of four ex-Soviet states, aiming to stabilize its domestic fuel market, as supplies of diesel to the military surge.

Bulgaria to stop imports of Russian oil

Denitsa Koseva in Sofia September 21, 2023

Parliament votes to end imports despite exemption from EU-wide ban until end-2024.

Kyrgyzstan has ‘the balls’ to send Russia parts crucial to making tanks, trade data suggests

bne IntelIiNews September 21, 2023

Analyst notes Chinese ball bearing exports to Central Asian country are up around 2,550%. Suggests many of the ‘dual-use’ goods are simply passed on to the Russian defence industry.

Poland says no plans for further weapons deliveries to Ukraine as grain row deepens

bne IntelliNews September 21, 2023

Poland has been one of Ukraine's closest allies against Russia's aggression, but relations have soured over Ukrainian grain imports, which Poland says are hurting its farmers.

Top Georgian central bank officials resign over unfreezing of assets of sanctioned former prosecutor

Tornike Mandaria in Tbilisi September 21, 2023

TBC and Bank of Georgia reaffirm their commitment to adhere to international sanctions imposed by the EU, the UK, and the U.S., regardless of the National Bank of Georgia's decision.

Planet’s health is in danger zone

by Roberta Harrington in Los Angeles September 20, 2023

Six of nine key planetary ‘health boundaries’ have been crossed, said researchers in a new report.

Ukraine sues Poland, Slovakia, Hungary over grain ban, as first ship leaves port of Chornomorsk

bne IntelliNews September 20, 2023

Grappling with the Russian-made headache of how to get its grain to market, Kyiv filed a lawsuit at the World Trade Organisation as the first of two grain ships leaves the port of Chornomorsk.

Iran and Russia unleash a contractual tsunami in several meetings

bne IntelIiNews September 20, 2023

Iran and Russia are converging in sectors for the first time as both countries face off against the US and the West.

Ukrainian President Zelenskiy tells UN that Russia is weaponising everything from food to children, calls for global unity

Ben Aris in Berlin September 20, 2023

Ukrainian President Volodymyr Zelenskiy has issued a stark warning to the international community, saying that Russia is "weaponising" everything from food to children in its war against Ukraine, and has called for a united front against Russia.

Russian oil price discount shrinking, sanction dodging widespread

Ben Aris in Berlin September 20, 2023

A recent study by the KSE Institute, led by senior economist Benjamin Hilgenstock, found that Russia is successfully avoiding oil sanctions and that the discounts it has to offer on its barrels of oil are tightening in comparison with Brent.

Turkey not ready to ratify Sweden’s Nato bid says Erdogan

bne IntelIiNews September 19, 2023

Strongman takes combative approach during trip to New York for UN General Assembly. Rebukes US journalist who quizzes him on human rights.

Russian, Iranian defence chief meet in Tehran to discuss the fighting in Nagorno-Karabakh

bne IntelliNews September 19, 2023

Russian Defence Minister Sergei Shoigu met with Mohammad Bagheri, Chief of the General Staff of the Iranian Armed Forces, in Tehran on September 19 to continue building on good ties and discuss the rapidly deteriorating situation in Nagorno-Karabakh

Russian peacekeepers stand inactively by as Azerbaijan renews attack on Nagorno-Karabakh

bne IntelliNews September 19, 2023

Azerbaijani relaunched a full-scale attack on the Armenian controlled Nagorno-Karabakh on September 19 that the Defence Ministry said was the beginning of a “limited anti-terrorist operation” while Russian peacekeepers stand inactively by.

Data search reveals coal produced in annexed parts of Ukraine shipped to Turkey

bne IntelIiNews September 19, 2023

Finding comes week after US stepped up sanctions targeted at Turkish companies for circumventing war restrictions on goods flows to Russia.

Azerbaijan demands ethnic-Armenians in Karabakh raise white flag amid military operation

bne IntelIiNews September 19, 2023

Baku claims “anti-terrorism” push but analyst says it appears Azerbaijanis are moving to retake Armenian-populated areas of enclave in their entirety.

RenCap founder dubs Ukraine war “a catastrophic failure of international diplomacy”

Jason Corcoran in London September 19, 2023

Speaking to the Leighton Smith Podcast in New Zealand last month, Jennings looked back at his more than two decades in Russia, his hasty exit after losing control of RenCap to his oligarch partner as well as his reflections on the war in Ukraine.