China challenges dollar dominance with Africa-wide yuan clearing hub
China appoints Standard Bank and ICBC to operate Africa's first continent-wide yuan clearing hub, deepening renminbi trade settlement and challenging the greenback's dominance in China-Africa commerce.
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New aftershocks rattle Venezuela's quake zone as death toll nears 1,500
A new earthquake shook Venezuela's devastated coast on June 29, five days after twin quakes flattened entire neighbourhoods, as the death toll climbed to at least 1,450 and the window for finding survivors alive in the rubble effectively closed.
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North Korea's unlikely economic revival reshapes life in Pyongyang as Russia and China deepen support
Pariah no longer, since the war in Ukraine started, Russian and Chinese money has poured into Pyongyang, fuelling a rapid economic development and unexpected real estate boom in a country better known for repression and poverty.
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COMMENT: Steadily but surely, Erdogan has broken with Putin
In a quiet realignment, Turkey is newly enthusiastic about Nato.
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BALKAN BLOG: Dancing robots, giant flags and Serbia's latest political spectacle
Serbia's President Aleksandar Vučić has confirmed he will resign within weeks, signalling the start of an election campaign that could reshape the country's political landscape.
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Critics say Kazakhstan’s law giving people right to raid pension piggy bank inflated housing bubble
As officials rush to narrow access to funds also popularly used for dental treatment, economists advise many factors to blame for price surge such as unsold properties built at high cost.
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Europe's June heat wave is most severe ever recorded — and the new normal
The heatwave that seared much of Europe in late June is officially the most severe ever recorded in the region, according to a rapid-attribution study published on June 26.
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Can geothermal power Central Europe’s energy transition?
The appeal of geothermal power is strong in a region where the 2022 gas crisis exposed the strategic vulnerability created by dependence on imported fossil fuels.
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