News

Rights groups reject UN finding that Uzbek cotton harvest now uses little forced labour

Kanat Shaku in Almaty November 26, 2018

The practice is “still systematic and massive” says Uzbek-German Forum for Human Rights.

UPDATED: Tensions between Russia and Ukraine flare after Russian navy vessel rams a Ukrainian tug in the Sea of Azov

Ben Aris in Berlin November 25, 2018

Tensions in the Sea of Azov have been growing steadily all year, with the sea becoming a new front between the two adversaries that has opened up since the completion of the Kerch bridge earlier this year.

CEO of Iran’s Azim Khodro faces fraud charges after non-delivery “of 8,000 pre-sold Chinese SUVs”

bne IntelliNews November 25, 2018

Millionaire behind car dealerships chain arrested after complaints mount up.

Russia to see a record fish catch of over 5mn tonnes in 2018

bne IntelliNews November 24, 2018

Sturgeon catch is the highest since records began, leading to an expected dip in red caviar prices.

Top Slovenian opposition political given suspended sentence for calling journalists "prostitutes"

bne IntelliNews November 24, 2018

Janez Jansa, former prime minister and leader of the largest party in the Slovenian party, accused the two journalists of prostituting themselves.

IMF says Uzbek economy shows early signs of overheating

Kanat Shaku in Almaty November 23, 2018

Fund advises changes to macroeconomic policies that create excessive demand pressures in country back on the radar of international investors.

Turkish finance minister’s borrowing moves ‘risk accentuating recession’

Akin Nazli in Belgrade November 23, 2018

Opposition lawmaker protests that Albayrak is “playing with fire by trying to lower interest rates via fiddling with the Treasury auctions”.

Fitch upgrades IIB to BBB+/Stable

bne IntelliNews November 23, 2018

Fitch Ratings upgraded the International Investment Bank’s (IIB) long-term credit rating to BBB+ with a stable outlook

Russia's Novatek completes Yamal LNG one year ahead of schedule

bne IntelliNews November 23, 2018

Russia's Novatek completes Yamal LNG plant one year ahead of schedule

Sales in social networks reach $9bn as Russia prepares to tax digitally self-employed

bne IntelliNews November 23, 2018

In January 2019 the Russian government will start an experiment with the new self-employed fiscal status in Moscow, the Moscow and Kaluga regions and Tatarstan.

Barbs not bouquets thrown at Turkey and EU’s "High-Level Political Dialogue Meeting"

bne IntelliNews November 22, 2018

Joint press conference given by EU foreign and enlargement commissioners and Turkish foreign minister quickly turns tense.

Poland’s PiS backtracks on key reform

Wojciech Kosc in Warsaw November 22, 2018

Amendment passed by ruling party effectively cancelled a key element of the reform of the judiciary that had the European Commission sue Warsaw in the EU’s top court — but suggested a return to its reforms “next time”.

Kosovo slaps 100% tariffs on imports from Serbia and Bosnia

Valentina Dimitrievska in Skopje November 21, 2018

Politically motivated tariffs introduced after Pristina's bid to join Interpol failed due to Serbian pressure on member countries to vote against Kosovo's membership.

Alarm as Turkey’s “she-wolf” talks of repeat Cyprus invasion

bne IntelliNews November 21, 2018

Rows over the rights to oil and gas reserves near the divided island are ratcheting up tensions.

Catfight in Kyrgyzstan: President and predecessor show their claws

bne IntelliNews November 21, 2018

Almazbek Atambayev says he will seek to rein in Sooranbai Jeenbekov, the successor critics wrongly thought would turn out to be no more than a stooge.

Trump’s Khashoggi stance “bizarre” and “shameful” says Iran’s Zarif

bne IntelliNews November 21, 2018

Iranian foreign minister responds to US president’s move to stand by Riyadh despite brutal killing which the CIA has briefed was ordered by the Saudi crown prince.

Incoming President Milorad Dodik attacks Bosnian establishment at inauguration

bne IntelliNews November 21, 2018

Serb nationalist politician is the new holder of Bosnia’s rotating tripartite presidency despite advocating for the breakup of the country.

European rights court orders Turkey to free Demirtas

bne IntelliNews November 20, 2018

Pre-trial detention of the pro-Kurdish HDP party politician has so far lasted two years. Erdogan claims ECHR ruling is not binding.

Iran introduces petrol rationing to curb smuggling by profiteers

bne IntelliNews November 20, 2018

Collapse of rial in face of US sanctions has made country’s fixed-price fuel attractive on regional black markets.

Oligarch and party chief Ivanishvili buys Georgians’ bad loans ahead of election runoff

Iulian Ernst in Bucharest November 20, 2018

Eyebrows raised as tycoon’s foundation agrees to acquire in-default debt ahead of highly competitive November 28 vote faced by his favoured candidate.

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