News

President Zelenskiy's Servant of the People party wins a landslide victory in Ukraine’s snap general election

Ben Aris in Berlin July 21, 2019

The Servant of the People party took 44.2% of the vote on July 21, according to the National Exit poll results.

Kosovan PM resigns after being summoned by Hague-based war crimes court

Valentina Dimitrievska in Skopje July 21, 2019

Snap elections expected after Ramush Haradinaj is summoned to the war crimes court for questioning as a suspect.

Turkmen president reportedly rumoured dead as of July 20

bne IntelliNews July 21, 2019

Turkmen President Gurbanguly Berdimuhamedov, 62, is rumoured to have died this week, Russian news agency Govorit Moskva reported, citing the director of the Centre for Monitoring Eurasian Problems, Aslan Rubayev

ANALYSIS: Iran drags UK further into showdown with US as it captures oil tanker

Will Conroy in Prague July 19, 2019

Latest move from Tehran against Trump’s “economic war” sparks calls for international coalition to escort all commercial vessels through the Persian Gulf.

Russia's Putin seeks to woo Shell back to LNG projects

bne IntelliNews July 19, 2019

Earlier this year Shell pulled out of the Baltic LNG project with Russian natural gas giant Gazprom.

Western Balkans' climate to resemble US Deep South’s by 2050

Clare Nuttall in Glasgow July 19, 2019

Cities in Southeast Europe are forecast to see some of the sharpest increases in average temperatures of any major urban areas worldwide over the next 31 years.

Turkish defence industry will bounce back stronger from F-35 exclusion asserts official

bne IntelliNews July 18, 2019

Doing so will prove a tall order—the Pentagon calculates loss of work will cost fighter jet component manufacturers in Turkey some $9bn.

Russia's president eases path to citizenship for all residents of Ukraine's Donetsk, Luhansk regions

Sergei Kuznetsov in Kyiv July 18, 2019

Kyiv views the move as illegal and Prime Minister Volodymyr Groysman will appeal to other states to declare invalid such "fake" documents as well.

Ankara hits out as US cuts Turkey from F-35 fighter jet programme

bne IntelliNews July 17, 2019

Move in response to Erdogan administration buying Russian missile systems set to cost Nato member country $9bn in projected work share.

Macedonian PM dismisses 70 officials from state institutions in operation "Broom"

Valentina Dimitrievska in Skopje July 17, 2019

Cleanup operation launched after ruling coalition's disappointing performance in the first round of the recent presidential election.

Bulgaria picks French-German consortium as Sofia Airport concessionaire

Denitsa Koseva in Sofia July 17, 2019

Decision was unexpected as the transport ministry said a rival bidder — a consortium comprising France's Aeroports de Paris and Turkey's TAV — had offered the highest concession fee.

Builder of Tallinn-Helsinki tunnel signs MOU with three Chinese contractors

Wojciech Kosc in Warsaw July 17, 2019

The Chinese financing company Touchstone Capital Partners is providing €15bn funding for the project that will become part of Beijing's Belt and Road initiative to link Asia with Europe.

French President Macron pledges to restart Serbia-Kosovo dialogue

Denitsa Koseva in Sofia July 17, 2019

Macron says some external powers "have an interest" in making sure no deal is reached between Serbia and Kosovo, after normalisation talks stalled.

Hungarian investors redeem savings from investment funds to buy new superbond

bne IntelliNews July 17, 2019

Investment funds recorded a record outflow of capital in June as households ploughed their savings to the new Map Plus retail bonds, which offer the highest returns at all stages of maturity.

No FX liquidity crunch yet faced by Turkish banks in wake of lira crisis: Fitch

Akin Nazli in Belgrade July 16, 2019

Rating agency adds that refinancing risks remain high in face of currency volatility and political uncertainties.

Trump frustrated as US moves to cancel Turkey’s order for F-35s

bne IntelliNews July 16, 2019

With deliveries of Russian S-400 missile systems to Turks under way, Washington officials say Ankara won’t get its hands on world’s most advanced fighter jet. Commander-in-chief says situation is not “fair” and blames Obama.

Ukrainian oligarch Firtash continues legal battle in Austria despite Vienna's final extradition decision

bne IntelliNews July 16, 2019

In June, the Supreme Court of Austria cleared the way for Firtash to be extradited to the US to face corruption charges, but he is allowed to stay in Austria while a court considers a defence motion to re-open the case against him.

FRONTIER MARKETS: Oltin fund to be first internationally listed Uzbek security

bne IntelliNews July 16, 2019

Specialist LSE listing to provide investors with chance to get in early on Uzbekistan’s move from Soviet-type economy to market economy.

Turkey meets EU Cyprus gas drilling sanctions with ‘fourth ship’ announcement

bne IntelliNews July 16, 2019

Growing sense among analysts that with economy shot Erdogan is provoking constant ‘state of emergency’ to hold on to power.

Europe’s Iran nuclear deal policy “insolent” says Khamenei

bne IntelliNews July 16, 2019

Jibe follows meeting of EU foreign ministers at which delicate question of accepting Iranian oil in barter trades arose.

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