Eastern Europe / News

SEFE concerned as Russia targets gas storage tanks in Ukraine

bne IntelliNews April 19, 2024

German gas trader SEFE has expressed concern over recent Russian attacks targeting Ukraine's largest underground storage facility with a capacity of 30bcm.

Czechia paid five times more for energy imports from Russia than it spent on aid to Ukraine

Albin Sybera April 17, 2024

The amount of money Czechia spent on Russian energy imports until the end of 2023 could finance more than three weeks of Russian fighting in Ukraine.

Russia's AvtoVAZ to start exporting Lada cars to Iran in 2024

bne Tehran bureau April 17, 2024

Russian carmaker AvtoVAZ is set to return to the Iranian market after a 25-year hiatus, the company’s president, Maxim Sokolov, has said, ignoring Middle East tensions.

Russian missile attack kills over a dozen people in Chernihiv, Ukraine

bne IntelliNews April 17, 2024

At least 14 people were killed and over 60 others injured, including two children, as Russian forces launched a devastating missile attack on the city of Chernihiv on the morning of April 17, according to reports from the Prosecutor General's Office

Pro-Kremlin Voice of Europe resumes operations from Kazakhstan

bne IntelliNews April 17, 2024

Media platform that has promoted far-right EU politicians was expelled from Czechia last month.

Russian peacekeeping forces reportedly leaving Nagorno-Karabakh

Cavid Aga in Baku April 17, 2024

Withdrawal would be a significant shift in the post-conflict landscape of the South Caucasus.

Russia pushes Iran to release its sailor from captured Israeli container ship

bne Tehran bureau April 16, 2024

Iranian authorities said they would provide Russian embassy officials with access to its citizen who was captured as part of the crew of the Israeli-owned MSC Aries.

Russia’s war economy boosted by rising oil prices

bne IntelliNews April 16, 2024

Brent crude oil prices remained near a six-month high this week, hovering around $90 per barrel amidst fears of an oil price spike driven by escalating geopolitical tensions in the Middle East.

US Speaker Johnson releases preliminary details of a new $43bn Ukraine aid package

bne IntelliNews April 16, 2024

US Speaker of the House Mike Johnson has released preliminary details of a new aid package for US allies that he says could be put to a vote this week.

UK, US ban trading in Russian aluminium, copper, nickel

bne IntelliNews April 15, 2024

The London Metal Exchange (LME) and Chicago Mercantile Exchange (CME) have blocked the trade of aluminium, copper, and nickel produced by Russia, the UK government accounced late on April 12.

Tajik foreign minister hits out at Russia’s apparent torturing of terrorism accused

bne IntelliNews April 14, 2024

"Use of torture in form of bodily mutilation unacceptable. Price of confessions extracted this way well known to everyone," says Sirojiddin Muhriddin.

Iran's attempt at a "Goldilocks retaliation" strike on Israel was designed to fail, but tensions remain high

Ben Aris in Berlin, Tel Aviv April 14, 2024

Iran launched its first ever direct military attack on Israel on April 13 after decades of proxy war hostilities. As the dust settles the following morning, the attack seems to have failed with only seven missiles penetrating Israel’s defences.

Estonia’s interior minister set to classify Moscow Patriarchate church as terror organisation

bne IntelliNews April 14, 2024

Estonian Interior Minister Lauri Laanemets said he is set to propose to the country’s parliament Riigikogu that they declare the Moscow-based Orthodox Patriarchate a terrorist organisation.

Russia's military forces are 15% bigger than they were at start of war, says US intelligence

bne IntelliNews April 12, 2024

Russia is reconstituting its army far faster than initial estimates suggested, US Army General Christopher Cavoli, Nato's Supreme Allied Commander in Europe, said in a statement on April 10.

Czech opposition tries to hold parliamentary session on PM’s financial affairs

Albin Sybera April 12, 2024

Fiala had a holding in PDZ fund suspected of money laundering.

Ukraine's ammo crisis mounts on stalled US aid

bne IntelliNews April 11, 2024

General Christopher Cavoli, the top US commander in Europe, cautioned during a congressional hearing on April 10 that Ukraine is on the brink of running out of ammunition and air defence interceptor missiles.

100,000 forced from homes in Kazakhstan by “biblical” flooding linked to climate change

Kanat Shaku in Almaty April 11, 2024

Rapid snowmelt amid sudden weather change, combined with heavy rains and already waterlogged ground prove a disastrous combination.

The EU is preparing a new, fourteenth package of sanctions

Ben Aris in Berlin April 11, 2024

The EU is preparing a new fourteenth package of sanctions that is slated for adoption in the coming months, but is unlikely to introduce any new products and will focus mostly on enforcing the existing thirteen rounds of sanctions.

EBRD announces profit of €2.1bn in 2023

bne IntelliNews April 11, 2024

The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profit of €2.1bn for the year 2023, up from losses of €1.1bn in 2022.

Kremlin tries to link Hunter Biden to financing of Moscow’s Crocus City Hall terrorist massacre

Ben Aris in Berlin April 10, 2024

Russia’s Investigative Committee launched a criminal investigation into the financing of terrorism in Russia on April 9, with focus on a board of directors that included the son of US President Joe Biden.

Dismiss