News
European Parliament passes Ukraine peace deal law that clashes with US version
The European Parliament adopted a resolution on November 27 setting out the conditions for a peace deal to end the war in Ukraine that starkly clashes with the US proposals and will almost certainly be rejected out of hand by the Kremlin.
Czech President Pavel objects to Motorists' environment minister nominee Turek
Filip Turek, honorary chairman of the anti-green and eurosceptic Motorists for Themselves, is the party’s nominee to head the Ministry of Environment.
Maduro bans six airlines after carriers halt Venezuela flights amid US warning
Venezuela has stripped six international airlines of their operating permits after the carriers suspended services to Caracas in response to American warnings about military operations in the region.
PrivatBank to seize jailed oligarch Kolomoisky’s assets after he misses $3bn UK court-ordered payment deadline
State-owned PrivatBank will start international enforcement proceedings to seize the assets of jailed oligarch and President Zelenskiy former business partner Ihor Kolomoisky, after he missed a 43bn court-ordered damages payment.
Bulgaria to withdraw 2026 budget after mass protest
The political turmoil over next year's budget comes as Bulgaria prepares to join the eurozone in January 2026.
Romanian cold cuts producer Cris-Tim makes strong debut on Bucharest exchange
Opening price gives Cris-Tim a market capitalisation of €277mn, as it plans investments in cold cuts and ready meals divisions.
Catastrophic blaze strikes Hong Kong housing development
A huge conflagration tore through numerous elevated residential towers in the Tai Po district of northern Hong Kong on November 26, resulting in the deaths of at least 44 people and causing injuries to scores more.
Putin arrives in Kyrgyzstan for state visit with oligarchs including Abramovich in tow
Trip coincides with opening of Kremlin-friendly TV channel in Central Asian country often under fire for enabling Russia to evade sanctions.
Serbia allocates €90mn to restart mandatory military service
Move comes amid rising militarisation in the Western Balkans and follows Croatia's decision to reintroduce conscription.
Panama Canal presses forward with port tenders despite US unease over Chinese bidders
Panama’s canal authority has confirmed that preparations for two port concessions and a cross-isthmus gas pipeline are entering defined stages.
US and Belarus in talks to release 100 more political prisoners
US and Belarus are in talks to release 100 more political prisoners as Minsk balances its dependency on Moscow by improving its relations with Washington.
Ukraine rejects three key points, Russia accepts some initial points as peace talks advance
Ukraine had rejected three key points in the White House peace plan, which Russia considered crucial, while Russia has agreed to some of the points included in the 28-point peace plan (28PPP), it was reported on November 26.
Iraq flags influencers as high-risk amid money-laundering concerns
Iraq’s central bank has instructed banks and financial institutions to classify social-media influencers and online celebrities as high-risk clients.
EU urgently working on a bridge loan for Ukraine if Reparation Loans deal fails
The ongoing discussions on a possible US sponsored peace deal to end the Ukraine war has put fresh pressure on the EU to come up with a solution to Ukraine’s acute funding shortfall.
Leaked Witkoff, Dmitriev phone conversations detail the Ukraine peace plan negotiations
Conversations involving the two main protagonists drawn up the 28-point peace plan (28PPP) were caught on tape giving damning details of the negotiations that lead up to the release of the plan, Bloomberg reported on November 25.
Hungarian government does not deny reports of Orban’s upcoming Moscow trip
In response to inquiries about the trip, the Government Information Centre stated, "As usual, the public will be informed about the Prime Minister’s foreign visits in due course."
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Fighter jets deployed after Russian drones fly deep into Romanian territory
Drones found in both Romania and Moldova after incursions.
ADB follows World Bank in revising policy on support for nuclear power financing
The Asian Development Bank has revised its energy policy to allow direct support for nuclear power, signalling a notable shift in how multilateral lenders approach baseload generation in emerging Asian economies.
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Brazil's Bolsonaro to remain in custody as Supreme Court enforces 27-year sentence
Brazil's Supreme Court has authorised the enforcement of former president Jair Bolsonaro's 27-year prison term for attempting to overturn the country's constitutional order.
Serbia gives Russia 50-day deadline to sell majority stake in NIS
President Aleksandar Vucic warned Belgrade could take control of oil company NIS if no buyer is found.