Turkey accuses West of waging ‘psychological warfare’ to wreck its tourism industry

bne IntelIiNews February 3, 2023

Interior minister angered by series of terrorism security alerts. Tensions also arise over US sanctions that could leave Russian aircraft with no ground service at Turkish airports.

RBI's 2022 profits soar to €3.6bn, with Russian operations representing more than half

bne IntelliNews February 1, 2023

The Austrian lender, which has become more and more reliant on its Russian business over the years, is still rethinking its presence in the country.

Belarus faces new sanctions by the EU and asset seizures by Ukraine

bne IntelliNews January 30, 2023

After statements made by European Commission President Ursula Von der Leyen in early January, the EU’s new sanctions package against Belarus is starting to take form. The new package will make the existing sanctions hit even harder.

Belarus Corruption Watch: How one of Lukashenko’s 'wallets' evades sanctions

bne IntelliNews January 30, 2023

The Belarusian Investigative Centre (BIC) continues to unravel corruption and sanctions avoidance schemes by Belarusian businessmen. This time, they show how a Belarusian businessman continues to operate in Germany despite EU sanctions.

VISEGRAD BLOG: When Eastern European states speak out they are now listened to

Robert Anderson in Prague January 26, 2023

The countries on Nato’s eastern flank believe they are now leading the debate on how to confront the Kremlin, as demonstrated by the row over supplying modern battle tanks to Ukraine.

Trial begins in Belarus against exiled opposition figures

bne IntelliNews January 19, 2023

On Tuesday, January 17, a Minsk court began a trial in absentia of leading Belarusian opposition figures. Political repression continues to increase in the country.

What does 2023 hold for Belarusian potash exports?

bne IntelliNews January 12, 2023

Belarus has managed to redirect some of its potash fertiliser exports to Russia and China. With its new export routes, Belarus has big plans for 2023, but high delivery costs and global competition is squeezing its profit margins and market shares.

NEMETHY: Key economic and financial drivers to watch in 2023

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors January 10, 2023

There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.

Moldova, Belarus beat most of the EU in healthiest population ranking

bne IntelliNews January 6, 2023

Moldova and Belarus rank as having the third and fourth healthiest populations in Europe, well ahead of most EU countries, in a survey produced by SnuffStore that sells smokeless nicotine products.

Mutual FDI in Eurasia has been dominated by Russia, but war and sanctions make the outlook uncertain

Ben Aris in Berlin January 6, 2023

Mutual FDI stock in the Commonwealth of Independent States (CIS) countries grew fast until Russia went into recession in 2012, when its GDP growth sank to zero. However, it soon started to recover, with Russia playing the leading role in the region.

Eurasian Development Bank council agrees to reduce Russia’s stake - document

bne IntelliNews January 5, 2023

Russia will lose its majority stake in the Eurasian Development Bank (EDB) after the council of the Kazakhstan-based bank approved a redistribution of member states’ shares, according to a document seen by bne IntelliNews.

January temperature records broken across Europe

Anna Fleck for Statista January 5, 2023

Eight countries in Europe recorded all-time high temperature records for January on New Year’s Day this year. The following data draws from the visualization of meteorologist Scott Duncan and reports by the BBC, Statista reports.

Belarus Corruption Watch: How companies in Central Asia help Belarus bypass Western sanctions

bne IntelliNews January 3, 2023

In a recent investigation, the Belarusian Investigative Centre has detailed how Belarusian wood working suppliers use Central Asian countries to circumvent EU sanctions.

The McDonald's question in Belarus

bne IntelliNews December 19, 2022

While McDonald's in Belarus was initially planned to be replaced by its successor in Russia, Vkusno i tochka, officials in Minsk have likely ensured that the Russian investor has been kept out.

Private sector expansion in Belarus despite heavy political pressure

bne IntelliNews December 19, 2022

Western investors are under heavy pressure in Belarus and many wish to leave the country. However, foreign telecom companies in Belarus appear to be planning long-term expansion.

Start of a new super cycle – fat and flat for 2023?

Ben Aris in Berlin December 15, 2022

The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.

IMF: Global food prices to remain elevated amid war, costly energy, La Niña.

Ervin Prifti . December 14, 2022

Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,

Is Belarus laying a trap with grain transit offer?

bne IntelliNews December 13, 2022

Belarus has offered to let Ukrainian grain go through its territory to Lithuania without preconditions. However Lithuania is wary of this sudden offer.

IMF: Riding the global debt rollercoaster

Vitor Gaspar Paulo Medas and Roberto Perrelli for the IMF December 13, 2022

Global debt remained above pre-pandemic levels in 2021 even after posting its steepest decline in 70 years, underscoring the challenges for policymakers.

NEMETHY: The case for gold today – again

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors December 12, 2022

In April 2021 gold was sitting around a price of $1,700; as of December 10, 2022 it is now approaching $1,800. Relative to just about every other asset class, this is not a bad performance.