Russian opposition activist Alexei Navalny arrested on arrival as he returns home
LONG READ: The oligarch problem
COVID-19 and Trump’s indifference helped human rights abusers in 2020
Durov rejects Western funds’ offer to buy 5%-10% of Telegram with $30bn valuation
One of Russia’s biggest wood product companies, Segezha could be Sistema’s next IPO
New Ukrainian VC firm QPDigital aims to invest up to $100 million in digital startups
EBRD investments reach record €11bn in pandemic-struck 2020
OUTLOOK 2021 Lithuania
EBRD says loan to Estonia’s controversial Porto Franco project was never disbursed
Estonian premier quits after Tallinn development scandal
Czech Pirates and Mayors approve final coalition agreement for 2021 elections
OUTLOOK 2021 Czechia
BRICKS & MORTAR: Rosier future beckons for CEE retailers after year of change and disruption
OUTLOOK 2021 Hungary
Hungarian government remains silent after Capitol riots
World Bank expects modest recovery for Europe and Central Asia in 2021
OUTLOOK 2021 Slovakia
FDI inflows to CEE down 58% in 1H20 but rebound expected
Slovakia to invest €1.2bn in digitisation
BALKAN BLOG: The controversial recipe for building up Albania
Heavy flooding causes chaos in parts of Southeast Europe
Vodafone Albania plans €100mn infrastructure investments after AbCom merger
OUTLOOK 2021 Albania
Turnover rose on Bosnia's two stock exchanges in 2020 while prices fell
Storming parliaments: New Europe's greatest hits
Kyiv accuses Bosnian President Dodik of lying about icon gifted to Russian foreign minister
Sofia-based LAUNCHub Ventures holds first close of new fund on €44mn
ING THINK: Growth in the Balkans: from zero to hero again?
OUTLOOK 2020 Bulgaria
Labour demand down 28% y/y in Croatia in 2020
Zagreb Stock Exchange's Crobex10 index at highest level since March 5
OUTLOOK 2021 Kosovo
Arrera Automobili aims to launch Albania’s first supercar
World Bank revises projection for Moldova’s 2020 GDP decline to 7.2%
Moldova’s PM resigns to prepare the ground for early elections
Socialist lawmakers in Moldova scrap settlement on $1bn bank frauds
75% of Montenegrins want EU membership
Montenegro’s new ruling coalition carves up top state jobs
OUTLOOK 2021 Montenegro
North Macedonia's manufacturing confidence indicator down by 8.5 pp y/y in December
OUTLOOK 2021 North Macedonia
Transparency International warns of high corruption risk in CEE defence sectors
OUTLOOK 2021 Romania
Romania’s central bank cuts monetary policy rate by 25bp to 1.25%
Romanian construction companies' activity slows in November after intense 2020
OUTLOOK 2021 Serbia
Slovenia’s opposition files no-confidence motion against Jansa cabinet
Slovenia’s government to release funds to news agency STA after EU pressure
UK Moneyhub picks Slovenia for post-Brexit European base
Slovenia’s dire COVID-19 situation in 4Q20 caused second economic dip
Turkcell denies any affiliation with $1.6bn loan in default extended by Ziraat Bank to Virgin Islands company
BEYOND THE BOSPORUS: Let’s tentatively pencil in a date for Turkey’s hot money outflow
OUTLOOK 2021 Armenia
Armenia’s PM cautions conflict with Azerbaijan “still not settled” after trilateral meeting with Putin
COMMENT: Record high debt levels will slow post-coronavirus recovery, threaten some countries' financial stability, says IIF
OUTLOOK 2021 Georgia
Georgia’s political kingpin Bidzina Ivanishvili quits politics
Modern-day “Robin Hood” inspires Georgians drowning in debt
Iran’s navy conducts missile drill while analyst argues Trump even capable of nuclear strike in final days
TEHRAN BLOG: Who’s more credible? Johnson backing Trump’s Nobel chances or Iran applauding arrest warrant for US president?
Central Asia vaccination plans underwhelm, but governments look unruffled
Fears of authoritarianism as Kyrgyz populist wins landslide and backing for ‘Khanstitution’
OUTLOOK 2021 Kyrgyzstan
Mongolia's winter dzud set to be one of most extreme on record says Red Cross
Mongolian coal exports to China paralysed as Beijing demands virus testing of truck drivers
Mongolia fears economic damage as country faces up to its first local transmissions of coronavirus
Mongolia in lockdown after suffering first local coronavirus transmissions
OUTLOOK 2021 Tajikistan
China business briefing: Not happy with Kyrgyzstan
OUTLOOK 2021 Turkmenistan
Turkmenistan: How the Grinch stole New Year
Turkmenistan: The dammed united
COMMENT: Uzbekistan is being transformed, but where are the democratic reforms?
OUTLOOK 2021 Uzbekistan
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John Bolton, former national security advisor to Donald Trump, has suggested that the US president’s approach to policy on Turkey is motivated by personal or financial interests, NBC News reported on November 12.
Several people who were present at a Morgan Stanley global investment event private dinner in Miami were cited by the broadcaster as saying that Bolton told guests that in terms of foreign policy he was most frustrated with Trump over his handling of Turkey.
Noting the broad bipartisan support in Congress to sanction Turkey after President Recep Tayyip Erdogan—who is due in the White House for talks with Trump on November 13—purchased Russian S-400 missile defence systems, Bolton reportedly told his audience of Morgan Stanley’s largest hedge fund clients that Trump’s resistance to the move was unreasonable. He then, the sources said, said that he believed there was a personal or business relationship dictating Trump’s position on Turkey because none of his advisers were aligned with him on the issue.
The Trump Organization has a high-rise property in Istanbul. The president's daughter Ivanka Trump attended the opening with Erdogan in 2012. Though the building is simply under a leasing agreement for use of the Trump name, Trump himself said in a 2015 interview that the arrangement presented “a little conflict of interest” should he be elected.
During an October 6 phone call with Erdogan, Trump agreed that US troops in northeast Syria would not stand in the way of Turkish forces invading the region to attack America’s Kurdish allies in the area—allies who were instrumental in the destruction of the so-called Islamic State Caliphate in Syria and lost 11,000 fighters in achieving the objective. The presence of US forces had deterred Erdogan from invading Syria, which he had threatened to do for years, arguing that the Kurdish fighters were themselves a “terrorist” threat to Turkey. Trump’s decision was widely criticised even among the president’s Republican allies. It was seen by many as a gift to the Turkish leader.
Foreign-policy arch-hawk Bolton served as Trump’s national security advisor for 17 months until early September. Trump says he fired him. Bolton says he resigned.
Turkey’s Erdogan administration is still whitewashing the extent of the country’s coronavirus (COVID-19) outbreak despite having released new data that more than tripled the official number of ... more
Turkish telco equipment maker Karel Elektronik (KAREL) has ... more
In terms of infections, Turkey now officially has the worst coronavirus (COVID-19) outbreak in the Middle East, data updated following Ankara’s decision to offer more transparency about the extent ... more
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