Russia, Belarus make first cross-border digital financial asset transactions
Belarus tests new BUK missile system as a low-key arms race in Eastern Europe gathers momentum
CSTO states express serious concern over terrorist threat in Afghanistan
Armenia refuses to host Eurasian Economic Union summit
Hundreds from Ukraine’s elite foreign-trained brigade go AWOL as desertions mount
Absent Slovak premier traced to luxury hotel in Vietnam
The war went badly for Ukraine in 2024
CENUSA: Polish EU Presidency puts Russian hybrid threats in the spotlight
airBaltic CEO and IPO under pressure after flight cancellations
COMMENT: The EU’s Green Deal is a “policy disaster”
Damage of key infrastructure on the seabed of the Baltic raises security concerns, calls for Nato involvement
Telia willing to sell its Latvian operations back to government if price is right
Czech PMI drops to 44.8 amid weakening automotive industry
Czech National Bank keeps interest rates at 4%
The EU Council calls for a European geothermal action plan
Hungary’s 4iG seeks further acquisitions in CEE and Western Balkans for rebranded telco operations
EU presidency passes from Putin-whispering Hungary to hawkish Poland
PROFILE: Lorinc Meszaros, Hungary's most powerful oligarch
Polish manufacturers go deeper in downturn mode in December
Slovakia faces cut-off of Russian gas pipeline supplies
Slovakia’s Fico in surprise visit to Putin in Moscow
FDI in Emerging Europe hit by geopolitical uncertainty and German slowdown
Slovenia sets up emergency alert system after devastating floods
Italy eyes restart of Albania migrant processing scheme despite legal hurdles
Albania imposes one-year TikTok ban
Athens conditions support for Albania’s EU accession on protection for Greek minority
BALKAN BLOG: What Grenell’s return means for US diplomacy in the Balkans
International highway tears through Bosnia’s rural heartlands
EU Council says enlargement is a "geo-strategic investment in peace"
Bulgaria heading towards new general election as Gerb ends coalition talks
Sales of superluxury cars in Bulgaria reach new record in 2024
Bulgaria’s interim PM Glavchev refuses to sign 10-year military support deal with Ukraine
Milanovic exploits healthcare scandal in struggle to hold on to Croatian presidency
Incumbent Milanovic to face Primorac in Croatian presidential election runoff
Croatian incumbent Milanovic scores first round presidential election victory, exit polls show
Kosovo bans main Serb party from running in general election
Kosovo's population down 12% since 2011
Kosovo’s president slams EU’s “unfair” treatment
Moldova's breakaway Transnistria region opts for self-imposed energy blockade
Moldova’s separatist Transnistria region hit by blackouts and industrial shutdowns after gas cut off
Russia cuts gas deliveries to Moldova in attempt to undermine political stability
Moldova announces emergency measures as Gazprom to halt gas supplies
Gunman kills 12 in Montenegro mass shooting
Bureks vs. Big Macs
North Macedonia's central bank lowers key interest rate by 0.25 pp to 5.55%
North Macedonia’s ex-deputy PM Grubi reportedly flees to Kosovo to avoid detention in corruption case
Romania's ruling coalition survives elections
Romanian liberals orchestrated Georgescu campaign funding, investigation reveals
Formation of ruling coalition in Romania faces deadlock as Social Democrats suspend talks
Serbia braces for possible US sanctions on Russian-owned oil company NIS
Tens of thousands rally in Belgrade demanding accountability over Novi Sad railway station disaster
Turkey-Iran border dispute escalates over new fuel tax
Tajik “terrorist” reportedly appointed Syrian defence ministry operational HQ chief
Bangladesh explores tank purchase from Turkey as India receives request for Hasina’s extradition
Turkey’s 44% y/y official end-2024 inflation release suggests another 250bp rate cut in late January
Central Asia emerges as new e-commerce hub
Growing Islamic finance in Central Asia to unlock GCC investment
INTERVIEW: Asian Infrastructure Investment Bank financing Central Asia’s green future
Former Karabakh leader Ruben Vardanyan faces life in prison
Corruption probe launched into Armenian satellite project
EBRD warns of risks for emerging markets pursuing industrial policies
Putin apologises for Azerbaijan Airlines disaster amid missile speculation
Russian missiles blamed for downing of Azerbaijan Airlines passenger jet
Did Russia shoot down the Azal passenger plane that crashed in Kazakhstan?
OSCE PA president cancels trip to Tbilisi amid huge backlash
Georgian workers to hold countrywide strike demanding new elections
Georgia’s outgoing President Zourabichvili to leave presidency, join protesters
Georgians gather outside presidency ahead of Kavelashvili’s disputed inauguration
PMI registers record acceleration in Kazakh manufacturing growth in December
Iran gains observer status in Russian-led Eurasian Economic Union
Kyrgyzstan’s President Japarov demotes liberal democracy in favour of a “traditionalist” ideology
Adylbek Kasymaliev appointed new chief of Kyrgyzstan’s cabinet ministers, predecessor dismissed amid tax corruption scandal
Hit indirectly by sanctions, Mongolia struggles to find workarounds
HESS: Mongolia’s unique success story between rock and a hard place at risk
Mongolia copper-gold discovery hailed for “globally significant” prospects
World Bank approves $350mn as Tajikistan bids to fund completion of $6.3bn Rogun mega hydro project
Tajikistan: Officials announce discovery of major rare earth deposits
PANNIER: Why the Turkmenistan, Iran gas “friendship” is back on
Uzbek national arrested in Moscow bombing that killed Russian chemical defence chief Kirillov
Uzbekistan’s Moscow embassy “clarifying” details on man detained after scooter-bomb assassination of Russian general
Sanctioned Russian cargo ship sinks in Mediterranean after explosion
Russia's budget oil breakeven price world’s second lowest as oil revenues recover
Southeast European countries look to Algeria to diversify energy supplies
Slovenia turns back to Algerian gas after flirtation with Russian supplies
IEA: Access to energy improving worldwide, driven by renewables
The hurricane season in 2024 was weird
Global warming will increase crop yields in Global North, but reduce them in Global South
Hundreds of millions on verge of starvation, billions more undernourished as Climate Crisis droughts take their toll
Global access to energy starts to fall for the first time in a decade, says IEA
Saudi Arabia hosts kingdom's first Africa summit, to boost ties, promote stability
Putin at 2023 Africa-Russia summit: Wiping debts, donating grain and boosting co-operation
EBRD 2023: Bank to expand into the whole of Africa plus Iraq
Botswana throws the diamond industry a lifeline
Nelson Mandela worried about natural diamonds, Leonardo di Caprio defended them, makers of lab-grown stones demonise them
Botswana’s 2,492-carat diamond discovery is golden opportunity to replicate legendary Jonker diamond's global legacy
Kamikaze marketing: how the natural diamond industry could have reacted to the lab-grown threat
Russia’s Rosatom to support nuclear projects across Africa at AEW2024
JPMorgan, Chase and HSBC reportedly unwittingly processed payments for Wagner warlord Prigozhin
Burkina Faso the latest African country to enter nuclear power plant construction talks with Russia
IMF: China’s slowdown will hit sub-Saharan growth
Moscow unlikely to give up Niger toehold as threat of ECOWAS military action looms
Overcoming insecurity to unlock the Central African Republic’s mineral riches
Russia funding war in Ukraine via illegal gold mining in Africa – WGC report
Rain, rain go away
Africa, Asia most people living in extreme poverty
10 African countries to experience world’s fastest population growth to 2100
EM winners and losers from the global green transformation
Russia seeks to expand its nuclear energy dominance with new international projects
Russia blocks UN Security Council resolution on Sudan humanitarian crisis
G20 summit wraps up with a joint statement strong on sentiment, but short on specifics
SDS storms fed by sand and dust equal in weight to 350 Great Pyramids of Giza, says UNCCD
Southern Africa has 'enormous' potential for green hydrogen production, study finds
Malaysia seeks BRICS membership
Kazakhstan has no plans to join BRICS, says Astana
Sri Lanka to apply for BRICS membership
How France is losing Africa
Gabon coup attempt after the re-election of President Ali Bongo
Guinea grants final approvals to Rio Tinto for $11.6bn Simandou iron-ore project
Kenya’s untapped mineral wealth holds the promise of economic transformation
US adds 17 Liberian-flagged bulk carriers and oil tankers to Russian sanctions-busting blacklist
Panama and Liberia vying for largest maritime registry
Force majeure at Libya’s Zawiya Refinery threatens exports and oil expansion plans
Russia, facing loss of Syrian base for Africa operations, seen turning to war-torn Sudan or divided Libya
Libya’s mineral riches: unlocking a future beyond oil
Ukraine claims it was behind massacre of Wagner Group mercenaries in Mali
Can Morocco's phosphate wealth put it at the centre of the global battery supply chain?
Hajj aftermath: deaths, disappearances and detentions spark investigations across world
Sri Lanka's LTL Holdings targets African power sector
Russia's nuclear diplomacy binding emerging markets to the Kremlin
Can Niger's military junta seize the country's uranium opportunity?
Disaster season: heat waves sweep the world – in charts and maps
AI will be a major source of GHGs by 2030, says Morgan Stanley
Niger and beyond: Francophone credit delivers coup de grâce
The world has passed peak per capital CO₂ emissions, but overall emissions are still rising
Trump threatens BRICS with tariffs if they dump the dollar
SITREP: Middle East rapidly destabilised by a week of missile strikes
Colombian mercenaries trapped in Sudan’s conflict
Air France diverts Red Sea flights after crew spots 'luminous object'
COMMENT: Tunisia on the brink of collapse
Tunisian President Kais Saied re-elected for second term
WHO declares "global public health emergency" owing to mpox outbreak in Central Africa, new virus strain
Climate crisis-driven global food security deteriorated between 2019 and 2022 and is even affecting the US
BRICS bank chief touts Uruguay membership in Montevideo talks
Iran central bank blocks crypto payments amid industry backlash
Turkey, Syria tandem could mean piped Qatari gas for Europe and a supercharged Middle East clean energy transition
South Korea’s won slides as martial law crisis sparks market turmoil
China unveils $71bn swap facility to revitalise flagging economy
Controversial 10-GW hydropower project in Tibet greenlit by Beijing
Taiwanese semiconductor maker expresses interest in Canadian LNG
Nozomi Energy snaps up major solar portfolio in Japan
Balancing growth and sustainability: Southeast Asia’s energy dilemma
India’s second-largest clean energy company ReNew plans to go private
India's Competition Commission approves major steel industry acquisition
Trump vows to block Nippon Steel's $14bn bid for US Steel
China dismisses Trump's tariff threat, warns of 'no winners' in trade war
Starlink satellite internet has more than 30,000 users in Iran
Russia sells stakes in Kazakhstan uranium JVs to China
Iraq blocks IMDb website over 'immoral content' claims
Display unveils groundbreaking 50% stretchable screen: a game-changer for fashion and mobility
Bahrain's security chief meets Syrian commander amid diplomatic push
Bahrain and Iran to begin talks on normalising relations
Saudi Arabia, Bahrain and Kuwait set to offer Russians visa-free entry
Jaw-dropping discovery: 450,000-year-old tooth unearthed in Iran
Iran signals nuclear deal return path in China talks
Lebanon seizes alleged Iranian cash transfer to Hezbollah from diplomat
Syrian security forces raid late Iraqi president’s Damascus home
Student opens fire at Baghdad university, six wounded
Trump signals readiness for Iran nuclear talks via Omani channel – Iraqi media
Iraq halts oil exports to Syria amid regional instability
Yemen launches missile at Israeli base amid US-UK airstrikes escalation
Israel claims responsibility for Hamas leader Haniyeh's July death in Iran
Israel's Mossad chief calls for direct Iran strike after missile hits Tel Aviv
PODCAST: Emerging Global's Mathew Cohen talks with Ruthie Blum
Qatar-Turkey-Europe gas pipeline ambition could be back on following fall of Assad
As jubilant Syrian refugees in Turkey celebrate Assad downfall, analysts wonder what comes next in power vacuum
Erdogan sets Damascus as final target for “rebels” advancing in Syria
Syrian foreign ministry urges Kuwait to reopen embassy in Damascus
Kuwait greenlights tax deal with Iraq to prevent double taxation
Iran demands 'equal footing' with Kuwaiti and Saudi plans to drill for gas in Gulf
Middle East power grid struggles as demand hits record high
Iranian ambassador claims US sets conditions on Syrian-Iranian relations
Israeli settlers from extremist sect cross into Lebanon, IDF confirms
So you want to get on the right side of Donald Trump? Try gift-wrapping a hotel
ANALYSIS: Regional escalation on the table following Israeli strike on Iran
Sea of Oman oil terminal boosts export resilience amid tensions with Israel
Syria seeks Qatar support in rebuilding effort as ministers meet in Doha
Qatar joins regional powers in Damascus diplomatic outreach
COMMENT: A stable Syria could become a major energy hub
Iran's former foreign minister proposes new MWADA regional security framework
Germany ignored multiple warnings by Saudi Arabia before Magdeburg attack
Syrian think tank plans new crypto-backed pound
ISTANBUL BLOG: After “conquering” Damascus, Erdogan turns his eye to the Kurds
Israel launches biggest strike in Yemen, killing 40 people
TEHRAN BLOG: Pezeshkian's dilemma over Haniyeh's assassination
Iranian foreign ministry condemns Haniyeh's assassination in Tehran
Argentina announces ambitious nuclear programme linked to AI development
Latin America set for tepid growth as Trump tariff threat looms, ECLAC says
Latin America urged to boost tax take and private investment to close development gap
IMF: Breaking Latin America’s cycle of low growth and violence
COMMENT: Trump’s White House picks signal rocky start with Latin America
Latin America trapped in low growth cycle, ECLAC warns
Bolivian ex-president Evo Morales faces formal charges of human trafficking
Geothermal energy poised for major global expansion, says IEA chief Fatih Birol
US-Cuba rum war spills over as Biden law stirs Havana Club row
Brutal gang violence over failed voodoo spell claims nearly 200 lives in Haiti's capital
Mexican cartel boss who created fearsome Zetas returns to face justice after US deportation
Paraguay stands firm with Taiwan amid growing Chinese pressure
Murder exposes secret prostitution ring in Peruvian Congress
Trump team divided over Venezuela policy as dual inaugurations near
US imposes preliminary duties on Southeast Asian solar imports
COMMENT: From Globalisation to “slowbalisation” as FDIs decline on trade and geopolitical woes
Angkor Archaeological Park attracts nearly 700,000 foreign tourists in nine months
Pompeo eyes continuity in US-Taiwan policy under Trump’s second term
UPDATE: Dozens dead as powerful tremor hits Tibet
Polar vortex brings Arctic weather to eastern US
Peru's APEC summit exposes trade tug-of-war between Beijing and Washington
Rising gold ETF inflows set to drive global bullion prices
Russian exports of diamonds to Hong Kong up 18-fold in 5M24
Gazli Gas responds to reports on Uzbekistan project, refutes any suggestion sanctioned individuals are involved
BRICS expands membership, adding Indonesia, Malaysia, and Thailand
ING: India is likely to remain the region's fastest growing country in 2025
North Korea claims breakthrough with new hypersonic missile test
Tuna auction in Tokyo sees 276kg fish go for $1.31mn
BYD sales soar signalling a shift in global EV market dynamics
Japan targets US Steel takeover ahead of Trump inauguration
BCPG to invest $945mn in power projects, prioritising clean energy
Almost two-thirds of Malaysians favourable towards China
Myanmar junta to allow observers for controversial 2025 election amid ongoing conflict
Nepal floods - death toll rises to 209
Kolkata hospital rape and murder case sparks international outcry, raises questions
South Asia hit by floods and landslides after heavy rainfall
North Korea’s missile support to Russia raises alarms at UN
North Korean troops face heavy losses in Russia-Ukraine War as conflict intensifies
North Korean troops suffer casualties in Ukraine conflict
Russia’s arms exports slump, Kremlin preparing for possible war with Nato
Security personnel dead as Imran Khan’s supporters breach Islamabad lockdown
Pakistan could quit TAPI as India now “extremely lukewarm” on gas pipeline project, says report
Papua New Guinea tribal conflict leaves 30 dead amid gold mine dispute
Extreme weather surges in 2024
Asia’s shipbuilding renaissance: record orders and rising prices
Where does nuclear power-use stand in post-COP29 Asia?
Korean authorities fail to arrest suspended president, Yoon Suk Yeol
Seoul court issues arrest warrant for suspended president Yoon Suk Yeol
Sri Lanka’s merchandise exports in October up 18.22%
Blinken warns Taiwan crisis could trigger global economic turmoil
German Prosecutors Confirm Termination of Money Laundering Investigation Against Alisher Usmanov
Comments by President of the Russian Fertilizers Producers Association Andrey Guryev on bilateral meeting between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin
PhosAgro/UNESCO/IUPAC green chemistry research grants awarded for the 8th time to world's best young scientists
PhosAgro Tops RAEX ESG Ranking
Download the pdf version
Try PRO
The management of Croatia’s troubled 3. Maj shipyard is hoping to persuade its creditors to accept the payment of 15% of their claims straight away, while agreeing not to block the shipyard’s bank account for the next two years over the remaining claims, state news agency Hina reported, quoting 3. Maj director Edi Kucan,
3. Maj is part of the debt-hit Uljanik shipyard group, which is in severe financial difficulties.
The Croatian financial agency FINA asked a court in March to launch bankruptcy proceedings against 3. Maj. However, at the beginning of this month a court in Rijeka postponed a decision on launching bankruptcy procedures at 3. Maj until September 26.
According to Kucan, 3. Maj’s management is seeking an agreement with creditors to put 85% of their debt on hold, to allow the shipyard to get back on its feet.
The proposal was reportedly made by Deputy Economy Minister Zvonimir Novak on August 12. Kucan told Hina he expects creditors to agree to the deal.
The World Bank has to realise that the Rogun mega project “dream of the biggest dam [in the world] will turn into a nightmare for the people and nature in Tajikistan and beyond” and that it ... more
Hungary saw the largest reduction in the volume of non-performing loans (NPLs) among the 17 Central and Eastern European economies, according to a report by the European Bank for Reconstruction ... more
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to $10mn (€9.1mn) to TBC Bank Uzbekistan (TBC UZ) to ... more
Register here to continue reading this article and 8 more for free or purchase 12 months full website access
Register to read the bne monthly magazine for free:
Already registered
Google Captcha Failed!
Password could contain only a-z0-9\+*?[^]$(){}=!<>|:-_ characters and have 8-20 symbols length.
Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.
Forgotten password?
Email field can't be empty.
No user with this email address.
Access recovery request has expired, or you are using the wrong recovery token. Please, try again.
Access recover request has expired. Please, try again.
To continue viewing our content you need to complete the registration process.
Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.
If you have any questions please contact us at sales@intellinews.com
Sorry, but you have used all your free articles fro this month for bne IntelliNews. Subscribe to continue reading for only $119 per year.
Your subscription includes:
For the meantime we are also offering a free subscription to bne's digital weekly newspaper to subscribers to the online package.
Click here for more subscription options, including to the print version of our flagship monthly magazine:
More subscription options
Take a trial to our premium daily news service aimed at professional investors that covers the 30 countries of emerging Europe:
Get IntelliNews PRO
For any other enquiries about our products or corporate discounts please contact us at sales@intellinews.com
If you no longer wish to receive our emails, unsubscribe here.
Magazine annual electronic subscription
Website & Archive annual subscription