Latest Updates

Kazakhstan reviews its big oil contracts looking for a better deal

COMMENT: Kazakhstan is reviewing its big oil contracts Kazakhstan has begun laying the groundwork for a revision of the contracts it signed with big oil in the 1990s when the country was flat on its back.

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US DoE muddies the ClimateCrisis waters with report downplaying the emissions problem

As part of the Trump administration’s attempts to take the Climate Crisis off the agenda, the US Department of Energy has released a report downplaying the impact of fossil fuels on global warming.

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Can India dump Russian oil imports completely if Trump’s secondary sanctions appear?

Since early 2024 India has typically bought 1.5–2.0 mbpd of Russian crude, or about 35–40% of its total imports. US President Donald Trump is threatening crushing 100% tariffs on Russia’s business partners if they continue to import crude.

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Syria inaugurates Azerbaijan gas pipeline through Turkey

Syria has inaugurated a regional gas transmission line linking the country with Azerbaijan through Turkey.

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ISTANBUL BLOG: Anxious Americans look up “Erdoganomics” as “Trumpnomics” take hold

Will it be the Fed governor or the US president who’s remembered as the “stubborn MORON”?

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Trump orders nuclear submarine deployment amid escalating dispute with Russia's Medvedev

US President Donald Trump ordered the deployment of two nuclear submarines following an escalating social media confrontation with Russia's number two.

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Mexico's tariff reprieve masks deeper US trade coercion strategy

Mexico secured a 90-day extension from the US, delaying a 30% tariff on its exports. The July 31 deal, reached via a call between Sheinbaum and Trump, marks a tactical pause in rising US trade pressure.

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MACRO ADVISORY: Russia’s August Angst

There are some annual rituals in Russia about which people have a very strong conviction. One of these is to prepare for something of significance, almost always bad, to occur in the month of August.

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Rosatom may whiff on Kazakh nuclear project due to financing yips

Turkey’s July foreign trade deficit narrows but business chamber chief says conditions for industry “unbearable”

COMMENT: Chinese trade is an economic lifeline for Russia despite falling volumes

Rosatom may whiff on Kazakh nuclear project due to financing yips

Chinese firm teed up to replace Russian entity on project

Turkey’s July foreign trade deficit narrows but business chamber chief says conditions for industry “unbearable”

Alarm bells ringing "very strongly", he adds.

COMMENT: Chinese trade is an economic lifeline for Russia despite falling volumes

Bilateral trade between China and Russia declined in the first half of 2025, but the downturn masks a deeper entrenchment of economic ties that continue to sustain Moscow’s war effort in Ukraine.

News

Iran's Pezeshkian arrives in Lahore for two-day Pakistan visit

Iran's president is expected to meet to discuss security relations with the country's eastern neighbour following the devastating 12-day war with Israel.

Slovenia announces imposition of arms embargo on Israel

Slovenia imposed an embargo on exports, imports and transit of arms to Israel, becoming the first European country to take such action, Prime Minister Robert Golob announced following a government session.

India to continue buying Russian oil despite Trump's threats

Indian officials have said they would keep purchasing oil from Russia despite threats of penalties from US President Donald Trump.

Ukrainian drones strike Russian airfield and oil facilities

Ukrainian Security Service drones struck a military airfield used for storing and launching Shahed drones in Primorsko-Akhtarsk on August 2.

Yemeni Houthis target Tel Aviv airport with hypersonic "Palestine-2" missile

The Yemeni Houthi armed forces targeted Ben Gurion Airport in Tel Aviv with a hypersonic "Palestine-2" missile, with the Israeli military saying the latest barrage was shot down.

Iran's Pezeshkian arrives in Lahore for two-day Pakistan visit

19 hours ago

Slovenia announces imposition of arms embargo on Israel

20 hours ago

India to continue buying Russian oil despite Trump's threats

20 hours ago

Ukrainian drones strike Russian airfield and oil facilities

20 hours ago

Yemeni Houthis target Tel Aviv airport with hypersonic "Palestine-2" missile

1 day ago

More News

Tech

Saudi delivery robots reduce time by 50% at Roshn Front

New robots operate using advanced technologies with 20 sensors and six cameras to ensure safe and accurate navigation, equipped with GPS technology and cooling systems designed for Saudi Arabia's climate conditions.

Phu Tho emerges as northern Vietnam’s new high-tech manufacturing hub

One notable project is the UTI high-tech factory, which broke ground in May. Covering four hectares, the facility focuses on the production of electronic components and represents an investment of over VND526bn (approximately $20mn)

Uzbekistan’s first women-focused tech accelerator debuts with Pitch & Rise event

Startup training, mentorship and networking to help turn early-stage ideas into viable, investor-ready ventures.

Vietnam positioned to become key player in global semiconductor supply chain

Vietnam is poised to become a pivotal link in the global semiconductor industry, according to Deputy Prime Minister Nguyễn Chí Dũng.

India boosts domestic chip design

India has approved financial support for 23 semiconductor design projects under its Design Linked Incentive (DLI) Scheme, aimed at strengthening the domestic chip ecosystem.

Saudi delivery robots reduce time by 50% at Roshn Front

1 day ago

Phu Tho emerges as northern Vietnam’s new high-tech manufacturing hub

2 days ago

Uzbekistan’s first women-focused tech accelerator debuts with Pitch & Rise event

2 days ago

Vietnam positioned to become key player in global semiconductor supply chain

3 days ago

India boosts domestic chip design

3 days ago

More Tech

Opinion

COMMENT: EMs increasingly absorbing China’s surpluses

China’s widening trade surplus with emerging markets has become a defining feature of global commerce in 2025, driven by slowing demand in the West, persistent industrial overcapacity, and attempts to circumvent US tariffs.

COMMENT: Trump’s new Venezuela oil waiver raises more questions than answers

The Trump administration quietly granted Chevron a new oil licence in Venezuela, just after a major prisoner swap. But the deal may enrich regime insiders and boost China’s oil access, raising questions about the coherence of US sanctions policy.

ING: Household spending and investment drive the Czech economy

Continued gains in household spending and a rebound in investment in 2Q provide a solid base for an economic recovery. GDP growth came in below expectations and was dragged down by a negative net export contribution.

COMMENT: What Brazil can learn from the EU's asymmetric surrender

The EU's capitulation to Trump's trade demands, accepting 15% tariffs and $1.35 trillion in commitments, reveals the cost of lacking strategic leverage. For Brazil, facing similar US pressure, Europe's surrender serves as a stark warning.

BERTRAND: China after Communism, preparing for a post-CCP China

This may be one of the most insane reports ever produced by a US think-tank, and that's saying something.

COMMENT: EMs increasingly absorbing China’s surpluses

13 hours ago

COMMENT: Trump’s new Venezuela oil waiver raises more questions than answers

3 days ago

ING: Household spending and investment drive the Czech economy

3 days ago

COMMENT: What Brazil can learn from the EU's asymmetric surrender

3 days ago

BERTRAND: China after Communism, preparing for a post-CCP China

4 days ago

More Opinion

Data

Picture worsens for Turkish manufacturing in July, new orders fall for 25th month, PMI shows

Output, employment and purchasing all scaled back.

Czech manufacturers PMI falls to 49.7 despite higher output, more orders

Czechia’s manufacturing sector recorded a renewed deterioration in operating conditions in July, despite continued gains in output and new orders, as firms accelerated job cuts and scaled back inventories amid persistent uncertainty.

Russia’s July manufacturing production PMI sees steepest drop for three years

Russia’s manufacturing sector saw its most severe contraction in output since early 2022, to 47, as demand faltered and firms struggled with financial pressures, according to new data from S&P Global released on August 1.

No end to world hunger by 2030 – Statista

2024 saw some progress in the fight against world hunger after the number of undernourished people rose once again between 2017 and 2021 due to global crises such as the Covid-19 pandemic.

Poland’s inflation falls within central bank’s target in July, flash estimate shows

Poland’s CPI growth eased to 3.1% year on year in July from 4.1% y/y the preceding month, the country’s statistical office GUS said in a flash estimate on July 31. (chart)

Picture worsens for Turkish manufacturing in July, new orders fall for 25th month, PMI shows

18 hours ago

Czech manufacturers PMI falls to 49.7 despite higher output, more orders

1 day ago

Russia’s July manufacturing production PMI sees steepest drop for three years

1 day ago

No end to world hunger by 2030 – Statista

1 day ago

Poland’s inflation falls within central bank’s target in July, flash estimate shows

2 days ago

More Data

Features

Indonesia targets rice fraud in multi-agency crackdown

At the heart of the probe are allegations that hundreds of rice brands, many operated by major producers, have been repackaging low-quality or subsidised rice and marketing it as premium-grade, often at inflated prices.

India’s refiners face pressure as EU sanctions hit $14bn fuel exports

India’s petroleum exports to the European Union—valued at $14–15bn annually—are under threat following the EU’s latest sanctions package targeting Russian crude and its derivatives.

Russia-Azerbaijan crisis continues to deepen

The diplomatic crisis between Russia and Azerbaijan has expanded into cultural warfare, with Moscow dismissing a senior TASS executive for attending an Azerbaijani event.

Who are the men linked to corruption allegations dogging Zelenskiy’s government?

Ukrainian President Volodymyr Zelenskiy is facing mounting scrutiny over his decision to curb the independence of the country’s top anti-corruption bodies – provoking the largest domestic protests since Russia’s full-scale invasion began.

Polish Prime Minister Donald Tusk said there are signs Russo-Ukraine war could stop soon as fatigue builds

Polish Prime Minister Donald Tusk said on July 30 that there are “many signs” that suggest the war in Ukraine may soon be at least temporarily halted but warned that even a ceasefire would not change Poland’s policy of building up its army.

Indonesia targets rice fraud in multi-agency crackdown

2 days ago

India’s refiners face pressure as EU sanctions hit $14bn fuel exports

2 days ago

Russia-Azerbaijan crisis continues to deepen

2 days ago

Who are the men linked to corruption allegations dogging Zelenskiy’s government?

2 days ago

Polish Prime Minister Donald Tusk said there are signs Russo-Ukraine war could stop soon as fatigue builds

3 days ago

More Features

Blogs

ISTANBUL BLOG: Now that’s a tricky one. Kurdish “Greek yoghurt” billionaire sponsors Turkish football giant

Chobani brand that conquered US is not even sold in Turkey. Deal seems to stem from a friendship.

ASIA BLOG: If the Thailand-Cambodia conflict escalates, Vietnam won’t stand idle – nor will the US and China

The current flare-up between Thailand and Cambodia feels different from previous disputes. What initially appeared to be a limited skirmish over disputed borderland and nationalist rhetoric now carries the faint, unmistakable whiff of escalation.

Zelenskiy losing the trust of his people as he adopts more authoritarian ruling style

Messages circulating on social media in the last few days claim that Ukrainian President Volodymyr Zelenskiy is proposing a new law that makes criticising the president illegal. The claims are almost certainly Russian disinformation.

ASIA BLOG: The global fallout of a Chinese invasion of Taiwan

There have already been rumblings in Taiwan that self destruction of key infrastructure would be preferential to Chinese takeover.

TEHRAN BLOG: Iranians describe life in constant fear after recent conflict

In the days when the shadow of recent events weighs heavily on people's hearts, life appears suspended and filled with anxiety.

ISTANBUL BLOG: Now that’s a tricky one. Kurdish “Greek yoghurt” billionaire sponsors Turkish football giant

2 days ago

ASIA BLOG: If the Thailand-Cambodia conflict escalates, Vietnam won’t stand idle – nor will the US and China

8 days ago

Zelenskiy losing the trust of his people as he adopts more authoritarian ruling style

11 days ago

ASIA BLOG: The global fallout of a Chinese invasion of Taiwan

17 days ago

TEHRAN BLOG: Iranians describe life in constant fear after recent conflict

17 days ago

More Blogs

bneGREEN

The most powerful quakes are in the Ring of Fire – Statista

Tsunami warnings have now been lifted across much of the Pacific following a major earthquake, which took place at 11:25 am local time on Wednesday, striking off the coast of Russia’s far eastern Kamchatka Peninsula.

Sinkholes on the rise across Asia: a growing danger beneath the surface

The dramatic rescue of a motorist from a sinkhole on a busy Singapore road has cast new light on an alarming trend across Asia – the increasing frequency and severity of sinkholes swallowing roads, vehicles, and in some cases entire buildings.

China launches first interprovincial green hydrogen pipeline from Inner Mongolia to Beijing

Despite its promise, the project’s success may ultimately rest on market uptake. If industrial demand for hydrogen fails to keep pace with supply - or if pricing frameworks are not supportive - the pipeline could struggle.

300-MW solar energy project underway in Iraq’s Karbala desert

Iraqi Electricity Minister Ziad Ali Fadel announced the continuation of work on the Karbala solar power plant project, which represents the first solar project to actually enter Iraq's national electricity grid

Trump fast-tracks deep-sea mining in hunt for critical mineral supplies

The Trump administration has also moved to fast-track seabed mining in international waters following an executive order issued in April by President Donald Trump, bypassing multilateral regulations in what has been called a "gold rush."

The most powerful quakes are in the Ring of Fire – Statista

1 day ago

Sinkholes on the rise across Asia: a growing danger beneath the surface

2 days ago

China launches first interprovincial green hydrogen pipeline from Inner Mongolia to Beijing

2 days ago

300-MW solar energy project underway in Iraq’s Karbala desert

2 days ago

Trump fast-tracks deep-sea mining in hunt for critical mineral supplies

4 days ago

More bneGREEN

Latest Updates

News

Iran's president is expected to meet to discuss security relations with the country's eastern neighbour following the devastating 12-day war with Israel.

Slovenia imposed an embargo on exports, imports and transit of arms to Israel, becoming the first European country to take such action, Prime Minister Robert Golob announced following a government session.

Indian officials have said they would keep purchasing oil from Russia despite threats of penalties from US President Donald Trump.

Ukrainian Security Service drones struck a military airfield used for storing and launching Shahed drones in Primorsko-Akhtarsk on August 2.

The Yemeni Houthi armed forces targeted Ben Gurion Airport in Tel Aviv with a hypersonic "Palestine-2" missile, with the Israeli military saying the latest barrage was shot down.

Tech

New robots operate using advanced technologies with 20 sensors and six cameras to ensure safe and accurate navigation, equipped with GPS technology and cooling systems designed for Saudi Arabia's climate conditions.

One notable project is the UTI high-tech factory, which broke ground in May. Covering four hectares, the facility focuses on the production of electronic components and represents an investment of over VND526bn (approximately $20mn)

Startup training, mentorship and networking to help turn early-stage ideas into viable, investor-ready ventures.

Vietnam is poised to become a pivotal link in the global semiconductor industry, according to Deputy Prime Minister Nguyễn Chí Dũng.

India has approved financial support for 23 semiconductor design projects under its Design Linked Incentive (DLI) Scheme, aimed at strengthening the domestic chip ecosystem.

Opinion

China’s widening trade surplus with emerging markets has become a defining feature of global commerce in 2025, driven by slowing demand in the West, persistent industrial overcapacity, and attempts to circumvent US tariffs.

The Trump administration quietly granted Chevron a new oil licence in Venezuela, just after a major prisoner swap. But the deal may enrich regime insiders and boost China’s oil access, raising questions about the coherence of US sanctions policy.

Continued gains in household spending and a rebound in investment in 2Q provide a solid base for an economic recovery. GDP growth came in below expectations and was dragged down by a negative net export contribution.

The EU's capitulation to Trump's trade demands, accepting 15% tariffs and $1.35 trillion in commitments, reveals the cost of lacking strategic leverage. For Brazil, facing similar US pressure, Europe's surrender serves as a stark warning.

This may be one of the most insane reports ever produced by a US think-tank, and that's saying something.

Data

Output, employment and purchasing all scaled back.

Czechia’s manufacturing sector recorded a renewed deterioration in operating conditions in July, despite continued gains in output and new orders, as firms accelerated job cuts and scaled back inventories amid persistent uncertainty.

Russia’s manufacturing sector saw its most severe contraction in output since early 2022, to 47, as demand faltered and firms struggled with financial pressures, according to new data from S&P Global released on August 1.

2024 saw some progress in the fight against world hunger after the number of undernourished people rose once again between 2017 and 2021 due to global crises such as the Covid-19 pandemic.

Poland’s CPI growth eased to 3.1% year on year in July from 4.1% y/y the preceding month, the country’s statistical office GUS said in a flash estimate on July 31. (chart)

Features

At the heart of the probe are allegations that hundreds of rice brands, many operated by major producers, have been repackaging low-quality or subsidised rice and marketing it as premium-grade, often at inflated prices.

India’s petroleum exports to the European Union—valued at $14–15bn annually—are under threat following the EU’s latest sanctions package targeting Russian crude and its derivatives.

The diplomatic crisis between Russia and Azerbaijan has expanded into cultural warfare, with Moscow dismissing a senior TASS executive for attending an Azerbaijani event.

Ukrainian President Volodymyr Zelenskiy is facing mounting scrutiny over his decision to curb the independence of the country’s top anti-corruption bodies – provoking the largest domestic protests since Russia’s full-scale invasion began.

Polish Prime Minister Donald Tusk said on July 30 that there are “many signs” that suggest the war in Ukraine may soon be at least temporarily halted but warned that even a ceasefire would not change Poland’s policy of building up its army.

Blogs

Chobani brand that conquered US is not even sold in Turkey. Deal seems to stem from a friendship.

The current flare-up between Thailand and Cambodia feels different from previous disputes. What initially appeared to be a limited skirmish over disputed borderland and nationalist rhetoric now carries the faint, unmistakable whiff of escalation.

Messages circulating on social media in the last few days claim that Ukrainian President Volodymyr Zelenskiy is proposing a new law that makes criticising the president illegal. The claims are almost certainly Russian disinformation.

There have already been rumblings in Taiwan that self destruction of key infrastructure would be preferential to Chinese takeover.

In the days when the shadow of recent events weighs heavily on people's hearts, life appears suspended and filled with anxiety.

bneGREEN

Tsunami warnings have now been lifted across much of the Pacific following a major earthquake, which took place at 11:25 am local time on Wednesday, striking off the coast of Russia’s far eastern Kamchatka Peninsula.

The dramatic rescue of a motorist from a sinkhole on a busy Singapore road has cast new light on an alarming trend across Asia – the increasing frequency and severity of sinkholes swallowing roads, vehicles, and in some cases entire buildings.

Despite its promise, the project’s success may ultimately rest on market uptake. If industrial demand for hydrogen fails to keep pace with supply - or if pricing frameworks are not supportive - the pipeline could struggle.

Iraqi Electricity Minister Ziad Ali Fadel announced the continuation of work on the Karbala solar power plant project, which represents the first solar project to actually enter Iraq's national electricity grid

The Trump administration has also moved to fast-track seabed mining in international waters following an executive order issued in April by President Donald Trump, bypassing multilateral regulations in what has been called a "gold rush."

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