News
350,000 jobs lost as Turkey’s textile and garment industry hits rocks
$8bn in revenues up in smoke as orders shift to lower-cost rivals in Asia, North Africa.
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Claudia Sheinbaum’s first year tests Mexico’s new direction
President Claudia Sheinbaum’s first year in office has been marked by a combination of political stability, expansive social policies and cautious diplomacy, all set against the backdrop of a slowing economy and growing institutional concentration.
Poland and Baltic states deride former German chancellor Merkel for Ukraine war comments
Angela Merkel’s comments on Eastern European resistance to her diplomatic overtures towards Moscow before Russia’s 2022 invasion of Ukraine triggered strong reactions in Poland and the Baltic states.
Rifts on show at EU-Western Balkan summit in Albania
Differences apparent over EU reform as well as friction between Serbia and Kosovo.
Russia struggles to restore gas payments to Moldova’s separatist Transnistria region
Russia is seeking a new intermediary to facilitate payments for natural gas deliveries to Transnistria after European banks reportedly blocked financial transfers routed through Dubai.
Babiš in talks with far-right and anti-green parties after Czech election win
Prague is likely to get the most Eurosceptic government yet seen as ANO leader Andrej Babis confirms talks with far-right SPD and anti-green, Eurosceptic Motorists for Themselves.
Donald Trump nominates Orthodox Jewish businessman as ambassador to Hungary
Landa is the son of parents who emigrated from Czechoslovakia after WWII, where his father had served as a rabbi. In a 2010 speech, he described his family as having Hungarian Hasidic roots.
Turkey’s Halkbank takes stock market hit as US Supreme Court chucks out Iran sanctions-busting appeal
Lender argued that as state bank it has sovereign immunity from 2019 indictment.
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Brazil's Lula asks Trump to lift tariffs and sanctions in first formal talks
Brazilian President Luiz Inácio Lula da Silva asked US President Donald Trump to remove punitive tariffs on Brazilian goods and sanctions on officials, in the first formal discussion between the leaders following months of tension.
Judge shot dead in Albanian courtroom
A man on trial opened fire in a courtroom in Tirana, killing a judge Astrit Kalaja and injuring two other people.
Serbia reaffirms EU commitment as accession talks stall over foreign policy
Officials in Belgrade acknowledged that accession talks have slowed amid pressure on the country to align with the EU's Russia sanctions.
Telefónica's mass redundancy plan signals deepening Latin American retreat
Spanish telco giant Telefónica SA is preparing to unveil a sweeping redundancy programme affecting more than 6,000 workers before year-end, marking the telecommunications company's most extensive workforce reduction in recent memory.
Can Senegal’s transparency drive amid an oil & gas boom end the 'resource curse'?
Senegal is tying its energy-led growth story to a wider investment drive, opening Fii 2025 under President Faye’s patronage. With Sangomar first oil flowing and gas exports due from GTA, the government is poised to unveil its petroleum code.
Ecuador capital erupts in protest as Noboa defies calls to reinstate fuel subsidies
Ecuador's capital, Quito, became a battleground between rival protest groups on October 5 as a state of emergency took effect across 10 provinces, following two weeks of demonstrations against President Noboa's elimination of fuel subsidies.
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Brazil's Tarcísio de Freitas wavers on presidential run, scrambling right-wing rivals
São Paulo governor Tarcísio de Freitas' apparent retreat from presidential ambitions has upended Brazil's 2026 race, alarming President Lula's leftist allies while breathing new life into alternative rightwing candidates.
Georgian Dream alleges Western involvement in election day unrest
Moscow backed claims of Western involvement in a major anti-government rally in Tbilisi on October 4, which the country’s political opposition had ambitiously billed as a “peaceful revolution”.
Kremlin resists Tomahawk transfers as Ukraine seeks long-range strike capability
Institute for the Study of War says Kremlin is fearful that expanded long-range strike capabilities for Ukraine would erode the sanctuary Russia currently enjoys in its rear.
Iran acquits French-German national of espionage charges
Iran's Hormozgan judiciary acquits German national Lennart Monterlos of espionage charges after arrest during 12-day war with Israel, though prosecutor retains right to appeal the Revolutionary Court's verdict.
EU nears decision on using frozen Russian assets to fund Ukraine as divisions persist on new sanctions
Ukraine's allies warn that interest earnings from the frozen funds will not be enough to sustain its economy if the war continues into 2027.
Georgia’s ruling party claims landslide win in partially boycotted local election
Georgian Dream took over 80% of the votes nationwide, as opposition marked election day with a mass protest in Tbilisi.