News

Iran dollar exchange rate soars past IRR1mn mark as Tehran reopens after Nowruz

bnm Tehran bureau March 25, 2025

The Iranian rial reached a record low against the US dollar on the first working day of the Persian year 1404, with the greenback trading at IRR1,030,000 in free market exchanges.

Rights watchdog documents forced mobilisation of Central Asian labour migrants in Russian military

Eurasianet March 25, 2025

Citizenship wielded as instrument of coercion.

Viktor Orban's rival launches "Voice of the Nation" consultation on economic and political issues

bne IntelliNews March 25, 2025

Hungary's opposition Tisza Party has launched "Voice of the Nation" referendum, aiming to gauge public opinion on a range of social, economic and political issues ahead of next year's elections.

Scandal surrounding Hungarian central bank’s investments spreads to Polish developer GTC

bne IntelliNews March 25, 2025

Hungary's central bank-linked foundations are facing renewed scrutiny over their investment practices after a scathing report from the State Audit Office triggered a sell-off in assets linked to their portfolio.

Who will be Serbia’s next prime minister?

Tatyana Kekic in Belgrade March 25, 2025

Among the potential successors to Milos Vucevic are Finance Minister Sinisa Mali, former PM Ana Brnabic and Foreign Minister Marko Djuric.

Erdogan a “dictator”, Imamoglu becoming “martyr” as regime shatters last pieces of Turkey’s democracy

bne IntelliNews March 24, 2025

Officials step up warnings as street protests take place for sixth night. Berlin tells Ankara an EU aspirant must adhere to rule of law.

Peaceful protests held in Skopje over Kocani nightclub fire

Valentina Dimitrievska in Skopje March 24, 2025

Thousands of people gathered to protest over the fire in Kocani that claimed the lives of 59 young people and injured almost 200.

Trump threatens 25% tariffs on Venezuelan oil buyers, extends Chevron licence

bne IntelliNews March 24, 2025

US President Donald Trump has announced a sweeping 25 per cent tariff on any country purchasing oil or gas from Venezuela, escalating his administration's economic pressure on the South American country and its international trading partners.

Turkish opposition calls for boycott of media ignoring mass ‘free Imamoglu’ protests

bne IntelliNews March 24, 2025

Regulator has issued threats to channels showing live broadcasts of huge demonstrations. Photographers have been targeted for detention, says NGO.

S&P sees risk of lira instability in Turkey amid mass protests

Akin Nazli in Belgrade March 24, 2025

Latest figures indicate central bank has sold towards 10% of its FX reserves in currency fight.

Serbian opposition leader shot at in his apartment

Tatyana Kekic in Belgrade March 24, 2025

Dr. Dragan Milic's Citizens' Group is a vocal opposition force against the ruling Serbian Progressive Party in Serbia's third city Nis.

Netanyahu's family expenses scrutinised in 2025 budget meeting

bne Tel Aviv bureau March 24, 2025

Israel's Finance Committee approved the 2025 Budget Bill for second and third readings after a 13-hour marathon session, with scrutiny falling on Prime Minister Benjamin Netanyahu's family expenses.

Zelensky calls US talks in Saudi Arabia “constructive”

bne IntelliNews March 24, 2025

Ukrainian President Volodymyr Zelenskiy called the talks between Ukrainian and US delegations in Saudi Arabia as “constructive and beneficial,” in his evening address on March 23.

Moldovan businessman Platon to be extradited by UK for Russian laundromat trial

Iulian Ernst in Bucharest March 24, 2025

Veaceslav Platon was arrested in London after an extradition request by Moldova, which accuses him of organising a conspiracy to move vast sums of money out of Russia between 2010 and 2014.

Korea’s Constitutional Court throws out impeachment of Prime Minister Han

bno - Taipei Bureau March 24, 2025

South Korea’s Constitutional Court has dismissed the impeachment of Prime Minister Han Duck-soo, in the process reinstating him as acting president amid ongoing political turmoil following President Yoon Suk Yeol’s brief imposition of martial law

Early polls inevitable says Turkey’s opposition after 13.5mn non-party members vote “in solidarity” to make jailed Imamoglu candidate

bne IntelliNews March 24, 2025

Challenger to Erdogan messages from prison that he’s “very happy” so many people took ballot box opportunity.

Trump Ukraine envoy Witkoff dismisses Starmer’s Ukraine ceasefire plan, parrots Kremlin talking points

bne IntelliNews March 23, 2025

Donald Trump’s special envoy Steve Witkoff has criticised Labour leader Sir Keir Starmer’s proposal for an international force to support a ceasefire in Ukraine, and went on to parrot many of the Kremlin’s talking points.

Imamoglu tumult on financial markets yet to pose threat to Turkey’s ruling regime

Akin Nazli in Belgrade March 23, 2025

Heavy anticipation builds for the Monday morning market opening.

Serbian deputy PM thanks Russian spy agencies for support during protests

Tatyana Kekic in Belgrade March 23, 2025

Deputy Prime Minister Aleksandar Vulin is a staunch proponent of Serbia's close ties with Russia.

“I will never bow,” says jailed Imamoglu ahead of vote set to endorse him as candidate who can topple Erdogan

bne IntelliNews March 23, 2025

Interrogation papers show him rejecting “unimaginable accusations and slanders”.

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