News
S&P warns of significant fiscal impact from Hungarian government's pre-election tax cuts
S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks.
Far-right opposition in Romania files no-confidence motion against government
Parliament expected to reject motion, launched by far-right parties to keep political tensions high until the presidential elections in May.
High representative warns Bosnia can't be broken up as secession threat looms
Republika Srpska President Milorad Dodik says Bosnia's Serb entity will secede if he is found guilty in an ongoing trial.
New search for MH370 begins a decade after mysterious disappearance
A renewed effort to locate Malaysia Airlines flight MH370 is underway, more than ten years after the aircraft vanished in one of aviation’s most baffling mysteries.
Taiwan expresses concern for Pope Francis' health as Vatican-China relations warm
President Lai Ching-te has conveyed Taiwan’s concern for Pope Francis' condition and extended wishes for his speedy recovery, according to the nation's Ministry of Foreign Affairs
Invasion of Ukraine has made life worse, Russians admit
More than half of Russians believe the ongoing war in Ukraine has negatively affected their daily lives, according to a new survey by the independent research project Chronicles.
Armenia, EU close in on new partnership agreement
Plans for an ambitious 'partnership agenda' were unveiled last year, coinciding with Armenia's growing estrangement from Russia.
Turkey’s Kazancı plans to invest €1bn in North Macedonia's energy sector
North Macedonia's Prime Minister Hristijan Mickoski says Kazancı's investment will strengthen energy independence and tackle air pollution.
Ukraine agrees to a revised US mineral deal offer
Ukraine has agreed to sign off on a third version of a minerals deal with the US after Washington softened the terms, the Financial Times reported on February 25.
Is Iran being offered as a bargaining chip in Russia-US negotiations?
Russian Foreign Minister Sergei Lavrov conducted a swift but significant six-hour visit to Tehran on February 25, meeting with Iranian Foreign Minister Abbas Araghchi and President Masoud Pezeshkian.
Rosneft overtakes ExxonMobil to take fourth slot in global energy ranking
Russia’s biggest state-owned oil major Rosneft has overtaken ExxonMobil to take the fourth slot in the Energy Intelligence Top 100: Global NOC and IOC Rankings.
Renault must pay $1.3bn if it wants to re-enter Russian market
French carmaker Renault must repay at least RUB112.5bn ($1.3bn) of the money invested by its Russian partner AvtoVAZ in the joint venture during its absence, AvtoVAZ president Maxim Sokolov said on February 25.
Lavrov in Tehran to discuss Trump sanctions and nuclear programme
Russian Foreign Minister Sergei Lavrov arrived in Tehran on February 25, holding a private meeting with Iranian Foreign Minister Abbas Araghchi and Iran's President Masoud Pezeshkian.
Serbian president says he backed UN resolution on Ukraine by mistake
President Aleksandar Vucic publicly apologised to Serbian citizens, and blamed "personal fatigue" for his vote in favour of a UN resolution calling for a just and lasting peace in Ukraine.
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Romanian opposition demands probe into Russia-linked contractor for Nato base
USR says a company with alleged ties to Russian oligarch Oleg Deripaska was awarded a contract for the construction of Nato’s largest military base in Europe.
Putin offers Trump joint rare earth metals exploration projects
Russian President Vladimir Putin has proposed joint exploration of Russia’s rare earth metals deposits and the supply of aluminium to the US market as part of a potential economic agreement, Reuters reported on February 25.
Tokyo appeals for G7 unity over Ukraine
Japanese Prime Minister Shigeru Ishiba has urged his fellow leaders from the Group of Seven nations to remain united in their efforts to bring peace to Ukraine.
EU expands oil and gas sanctions in 16th package
The EU has imposed additional measures against Russia’s oil and gas industry as part of its 16th sanctions package, while stopping short of any further restrictions on the bloc’s purchase of Russian LNG.
Kyrgyzstan, Tajikistan put border troubles behind them
Opening way for commerce.
Bulgaria moves towards eurozone entry despite violent far-right protest
PM Rossen Zhelyazkov says Bulgaria has met final criterion for euro adoption and will request extraordinary convergence reports.