Latvian Prime Minister Krisjanis Karins set to benefit from hardline stance on Ukraine war

Linas Jegelevicius in Riga September 28, 2022

Baltic state's election campaign has been dominated by the cost of living crisis and Russia's invasion.

Turkish state banks follow private lenders in freezing use of Russia’s Mir payment system

bne IntelIiNews September 28, 2022

Erdogan backed use of Russian Visa-equivalent after meeting with Putin. US reacted by stepping up pressure on Turkey over sanctions enforcement.

Sanctioned Russian diamonds are reaching the US consumer, but some are getting there legally – for now

Richard Chetwode chairman of Namibian diamond mining company Trustco Resources in London September 28, 2022

Russian state-controlled diamond monopoly Alrosa has been sanctioned but some of its diamonds are making it on to the international market legally. The upcoming eighth package of sanctions will crack down on Russia’s diamond and close loopholes.

Lukashenko meets with Putin in Sochi

bne IntelliNews September 28, 2022

As Lukashenko met with Putin in Sochi, economic co-operation was certainly high on the "bilateral agenda." For Lukashenko, the most pressing matter is a new $1.5bn loan, which he doesn't seem to be getting.

Poland worried about Baltic Pipe security after Nord Stream explosions

Wojciech Kosc in Warsaw September 28, 2022

Warsaw fears sabotage of Nord Stream on same day Baltic Pipe opened was no coincidence.

MOSCOW BLOG: Whodunnit?

Ben Aris in Berlin September 28, 2022

Social media loves a good conspiracy theory, but it has gone off the Richter scale speculating on who was behind the take-down of the four Nord Stream gas pipelines, two of which sprang leaks on Sunday night as we reported yesterday morning.

Taliban sign deal to buy Russian oil, gas and wheat

Ben Aris in Berlin September 28, 2022

Agreement marks regime’s first international economic deal. Moscow eyes economic corridor through Central Asia and Afghanistan to South Asia.

Russia on track to have a record-smashing grain harvest

bne IntelliNews September 28, 2022

Russia is on track to smash all previous records with the size of this year’s grain harvest. Russian President Vladimir Putin said that the bumper harvest could be as big as 150mn tonnes this year on September 27.

EBRD: Reduced gas supplies and inflation to slow growth further in EBRD regions

EBRD September 28, 2022

The European Bank for Reconstruction and Development (EBRD) projects growth in its region will slow as a result of gas supply problems that are feeding an energy crisis. The bank says growth will slow to 2.3% in 2022 in its region and 3% in 2023.

Kazakhstan shows generous side amid Russian stampede, but tensions are rising

Aida Kadyrzhanova in Almaty September 27, 2022

Pressure to accommodate draft dodgers makes it difficult for a country that nationalists in Russia have targeted with veiled threats over claims to northern territories.

Seismologists record explosions in area of Nord Stream leaks

bne IntelliNews September 27, 2022

Explosions were registered by seismologists in Sweden over the last 36 hours, according to the country’s national broadcaster SVT, in the same areas where gas leaks were reported to have occurred at the Nord Stream 1 and 2 pipelines yesterday, stokin

Sabotage suspected as gas leaks reported at both Nord Stream 1 and 2

bne IntelliNews September 27, 2022

Natural gas leaks have now been reported at both Russia’s Nord Stream 1 and Nord Stream 2 pipelines, and while the reasons are unclear, the fact that both pipelines suffered leaks on the same day has prompted speculation of sabotage.

Mobilisation chaos continues, ahead of Russian border closure

bne IntelliNews September 27, 2022

Scenes of chaos in Russia’s poorest regions have filled social media as police in Russia’s poorest republics such as Dagestan, Buryatia and Yakutia try to round up conscripts for the front line in Ukraine.

Pressure drops in Nord Stream pipelines as gas leaks into sea

bne IntelliNews September 27, 2022

Pressure fell in both branches of the Nord Stream gas pipeline from the giant Russian Yamal Arctic gas fields to Germany during the evening of September 26, reportedly due to a leak.

Secret report reveals top officials knew Bulgaria wouldn’t benefit from Balkan Stream

Denitsa Koseva in Sofia September 27, 2022

Sofia paid over €1.5bn for its section of the Balkan Stream pipeline, which has never delivered any gas to Bulgaria.

Kazakhstan offers Europe chance to kick its Russian uranium habit

Aida Kadyrzhanova in Almaty September 26, 2022

Obstacle to hopes is Russia’s ownership of 40% of world's uranium conversion infrastructure, vital to making nuclear fuel.

ING: Eurozone PMI suggests the region may already be in recession

Bert Colijn Senior Economist Eurozone for ING September 26, 2022

The third decline in a row for the eurozone PMI indicates that business activity has been contracting throughout the quarter. This confirms our view that a recession could have already started.

Ukrainian residents forced to vote at gunpoint in sham referenda to join Russia

Dominic Culverwell in Berlin September 25, 2022

Russia’s sham referenda in Ukraine’s occupied territories prove to be as undemocratic as predicted

Top Russian e-scooter service aims to raise $167mn on Moscow Exchange

East West Digital News in Moscow September 25, 2022

Russian kick-sharing service Whoosh intends to go public on the Moscow Exchange this or next year.

Ukraine slashes ties with Iran in protest at drones supply to Russia

bne IntelIiNews September 24, 2022

Move comes after Ukrainian military claims to have downed four Iranian-made “kamikaze” unmanned aerial vehicles.