Azerbaijan’s armed forces launched massive operational and tactical exercises involving up to 10,000 personnel on September 16, in show of strength related to its long running dispute with Armenia over the disputed Nagorno Karabakh region
Slovaks see carmakers as more trustworthy than politicians, according to a new survey conducted by IMAS International for Erste Group, the Slovak News Agency (SNA) reported on September 16.
Hungary’s incoming Justice Minister Judit Varga was grilled at the first hearing by EU affairs ministers, as Budapest tries to play down criticism over the rule of law and frame procedure as an attack on its anti-migration policies.
Critics may see his cautious approach as evidence of a vulnerability: an aversion to getting dragged into an unpopular Middle East war in the run-up to the 2020 US election.
The Albanian authorities renewed their efforts for the project after negotiations with a Turkish tie-up of Cengiz, Kolin and Kalyon failed in April this year due to disagreements with the government over the project.
Europe takes little oil from Middle East. It is heavily dependent on Russia for crude deliveries and can turn to Moscow to fill any gaps. The effect on the oil price, however, is a different matter.
Zelenskiy hopes to secure the withdrawal of Russian forces from the Donbas in the east of the country, where more than 13,000 Ukrainian servicemen have been killed in the conflict in the last five years.
Ministry says it is willing to pay a reported $216mn of compensation to Ukraine International Airlines that belongs to oligarch Ihor Kolomoisky for loses incurred because of a Russian overflight ban.
Fraught situation as world waits on US to settle on a response.
The decision to suspend Silvia Velikova caused a storm in Bulgaria as it was seen as yet another attempt to silence journalists critical of those in power.
Speculation that South Korean tyre maker's decision to delay €268mn investment at its Hungarian plant is linked to shortage of workforce.
Largest Turkish mobile operator says shareholders Telia, Cukurova Holding and Russian tycoon Mikhail Fridman’s LetterOne have agreed to vote for profit distribution.
Ukraine’s parliament continued its legislative tsumani by passing laws that allow the president to be removed by impeachment, cut the number of Supreme Court judges by a third and toughen the punishments for corrupt officials .
“Overly loose monetary policy risks exacerbating Turkey’s age-old vulnerabilities by fueling twin dynamics of inflation and attendant currency weakness,” adds Societe Generale strategist.
Energy companies left up to their necks in debt by lira crisis.
Ex-economic czar Ali Babacan says the condition in which Turkey is currently in is “truly saddening”. Takes aim at state of economy, human rights and rule of law.
It’s official: France is actively working for a reset in relations with Russia. “The time has come, the time is right, to work towards reducing the distrust between Russia and Europe," Jean-Yves Le Drian, the French foreign minister says
The board of National Bank of Ukraine (NBU) has urged the nation's law enforcement agencies to protect the life and health of its former governor Valeria Gontareva, current leadership, and staff.
Fears of a move rose after three Kurdish mayors were kicked out of office. Istanbullers, meanwhile, invited by opposition administration to see exhibit of hundreds of ‘AKP’ official cars as example of squandering of public money by predecessors.
Reports suggest, meanwhile, private lenders in Turkey “pushing hard” for tighter margins in autumn term syndicated loan renewal season.