Russia
China’s state-owned oil giants halt Russian crude purchases in response to US sanctions
China’s state-owned oil giants have paused their purchase of Russian crude oil in response to recent US sanctions targeting Moscow’s two largest oil firms, Rosneft and Lukoil
Emerging Europe’s growth holds up but risks loom, says wiiw
Fiscal fragility, weakening industrial demand from Germany, and the prolonged fallout from Russia’s war in Ukraine threaten to undermine growth momentum in parts of the region.
India, US near major trade deal cutting tariffs to 15–16% if New Delhi will limit Russian crude imports
India and the United States are close to finalising a long-awaited bilateral trade deal that could sharply lower tariffs on Indian exports to about 15–16% from the current average of 50%
Slovak PM Fico to unblock 19th round of sanctions in exchange for EU’s concessions to car industry
During a parliamentary session in Bratislava, Fico reportedly admitted he uses the support for sanctions as a "pressure tool".
Hungarian foreign minister says "many actors" worked to prevent Budapest summit
The White House has suspended plans for a meeting between US President Donald Trump and Russian President Vladimir Putin in Budapest.
White House halts plans for Trump-Putin summit in Budapest
Anonymous White House official tells AFP there are “no plans” for Trump to meet Putin “in the immediate future”, effectively shelving a Budapest gathering that Trump had described as imminent only days earlier.
EU decision to ban Russian gas transit raises alarm in Serbia
Belgrade warned that the EU's decision to halt imports and transit of Russian natural gas from 2026 poses a serious threat to its energy security, with senior politicians calling the move "catastrophic".
Slovak Foreign Minister Blanár reiterates support for Ukraine’s EU bid
Juraj Blanár says Ukraine is "ready in a way" for accession, but notes objections from some EU member states.
Kremlin says leaders’ good relations helped Budapest secure summit
Hungary is expected to host a second summit between Vladimir Putin and Donald Trump on Ukraine after their talks in Alaska in August did not lead to a breakthrough.
_2_1761012864.jpg)
India’s opposition slams Modi over Trump’s Russia oil claim
Indian National Congress leader Jairam Ramesh in an X post criticised Prime Minister Narendra Modi for staying silent over US President Donald Trump’s repeated claims that India would cut back on oil imports from Russia.
EU sets 2028 deadline to end Russian gas imports under phased ban
European Union energy ministers have approved a plan to end all Russian gas imports by 2028, introducing a phased ban on new and existing contracts.
EU mulls partial membership plan to ease enlargement and bypass veto risks
Move is aimed at moving forward with enlargement and overcoming resistance from EU members such as Hungary, but reaching consensus to be a challenge.
Ukraine’s growing energy crisis promises a cold and dark winter
Since the summer, Kyiv has changed tactics. Given the almost complete failure of Western oil sanctions to curb Russian oil exports, it has been targeting Russian oil refineries. The Kremlin has struck back, targeting Ukraine's power system.
Russia, China sign off on Northern Route shipping deal to slash global freight times
Russia and China have signed a landmark agreement to develop and commercialise the Northern Sea Route (NSR), after Beijing tested the route last month, that could slash Europe-Asia cargo transit times and challenge the primacy of the Suez Canal.
Minsk asks for talks with Kyiv, as Lukashenko seeks to end Belarus’ isolation
Belarus' President Alexander Lukashenko has opened the door to direct dialogue with Kyiv as part of negotiations to end Russia’s war in Ukraine, as he launches a diplomatic drive to break the republic’s isolation and dependence on Russia.
Kremlin envoy revives $8bn plan for Putin–Trump 'Runnel’ linking Russia and US
Russia’s sovereign wealth chief has revived a long-standing vision of physically connecting Eurasia and North America, proposing an $8bn “Putin–Trump Tunnel” beneath the Bering Strait as a symbol of post-war reconciliation.
Putin's meeting with Trump in Budapest is a slap in the face for the EU
As preparations get underway for a highly anticipated summit between Russian President Vladimir Putin and former US President Donald Trump in Budapest, attention is turning to an unusual but politically sensitive detail: how will Putin get there?
Zelenskiy leaves Washington empty handed, Trump and Putin head to Budapest to talk business
Ukrainian President Volodymyr Zelenskiy went into a White House meeting with US President Donald Trump on October 17 hoping for a big arms deal. He came out of the meeting empty handed.
Ukraine’s credibility crisis: corruption perception still haunts economic recovery
Despite an active reform narrative and growing international engagement, corruption remains the biggest drag on Ukraine’s economic credibility, according to a survey by the Kyiv International Institute of Sociology.
US warns Serbian banks over sanctions breach involving NIS
US sanctions on NIS prohibit transactions with the Serbian oil company involving US-linked financial instruments, including payments using Visa, Mastercard and other foreign-issued cards.