Belarus
Problems with contaminated Russian oil not over in Poland and Germany
The transit of Russian oil via Druzhba pipeline has not yet been resumed due to persisting technical problems in Poland and Germany, Vedomosti daily and Reuters reported on May 21 citing unnamed market sources.
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Belarus foreign reserves increased by 4.5% m/m in April
The foreign exchange reserves of Belarus increased by $322.7mn, or 4.5% month-on-month, to $7.6bn in April following a 2.1% m/m growth in March, the National Bank of Belarus (NBB) said in a statement on May 4.
COMMENT: Chinese engagement in CESEE: paper dragons and false inevitabilities?
The Belt and Road Initiative (BRI) is no less than an attempt by the Chinese to reshape the international order, but it has acted as a strategic opportunist and has no clear development plan.
Putin dismisses Moscow's newly-appointed ambassador to Belarus amid political, economic row
Russian President Vladimir Putin dismissed “the ambassador of war” Mikhail Babich, Moscow's ambassador to Belarus, by special decree on April 30, less than a year after his appointment.
Eurotorg reports strong 2018 results as Belarusian retail grows
The leading supermarket chain in Belarus Eurotorg (aka Euroopt) reported strong 2018 results that will bolster its chance of getting a mooted IPO away this year after postponing an attempt last year.
Russia opens criminal investigation in dirty export oil whodunit
Russia's oil pipeline operator Transneft launched a criminal investigation into possible deliberate contamination of oil in Russia’s Druzhba pipeline to Europe, the company said on April 26.