Iran building nuclear facility so deep in earth US airstrike could not reach it, analysis concludes

bne IntelIiNews May 23, 2023

Israeli national security adviser warns, however, that “there is nowhere that can’t be reached”.

TEHRAN BLOG: Iran hit by cost-of-kebabs crisis

bne IntelIiNews May 23, 2023

Consumers skewered by rampant inflation thought to be running at around 60%.

VTB establishes first direct Russian banking presence in Iran

bne IntelIiNews May 17, 2023

Bank’s Tehran representative office latest result of nations’ big push to expand ties to counter impacts of Western sanctions on their economies.

Retired US admiral warns international community will have to respond to Iran seizing tankers

bne IntelIiNews May 16, 2023

Tehran grabs three vessels in 19 days from Gulf waters.

ING: World trade to see big shifts and weaker growth in 2023

ING April 21, 2023

World trade has been falling, but we still expect growth to return this year. We do notice large shifts in world trade as advanced economies – especially the US – are diversifying input sourcing.

Iran frets as Israel opens embassy 11 miles from border in Turkmenistan

bne IntelIiNews April 20, 2023

Move comes with Tehran already angry at neighbour Azerbaijan’s growing ties with its arch-foe.

US Supreme Court says Turkey’s Halkbank not immune from Iran sanctions-busting prosecution

bne IntelIiNews April 19, 2023

Lower court ordered, however, to take another look at whether government-owned lender can get the indictment dropped under common law.

Iran unveils off-brand version of Dacia Logan for Iranian, Russian markets

bne IntelIiNews April 17, 2023

“Sandero” vehicle will be known as “Cadilla” in Russia. Lada maker AvtoVAZ produces engine block.

ING: IMF remains cautious on world economic outlook

ING April 15, 2023

Amid a downgrade to the IMF’s global growth forecast, EM sovereigns should remain resilient with areas of relative growth outperformance, easing pressure on commodity importers and fiscal reform momentum.

Lavrov meets with Eurasia leaders to work on Afghan problem

Ben Aris in Berlin April 13, 2023

Russian Foreign Minister Sergey Lavrov is attending the fourth ministerial conference of Afghanistan’s neighbouring countries on April 13 in the Uzbek city of Samarkand to try to find a solution to the Afghan problem.

bneGREEN: Global power sector emissions may have peaked – Ember

by Roberta Harrington in Los Angeles April 12, 2023

Emissions from the electricity sector could have peaked in 2022, says a new report from climate and energy think-tank Ember.

Iranian ride-hailing giant Snapp accused of anti-competitive foul play

bne IntelIiNews April 11, 2023

Rival Tapsi says it has used a SIM card wheeze to monitor internal information and capture drivers.

Is war between Iran and Azerbaijan out of the question?

Fuad Shahbazov April 11, 2023

Baku’s opening of an embassy in Israel has added to a multitude of tensions.

Azerbaijan expels Iranian embassy employees and arrests ‘spies plotting coup’ as Baku, Tehran tensions escalate

bne IntelIiNews April 6, 2023

Opening of embassy in Israel by Azerbaijanis appears to have inflamed existing tensions between neighbours.

BRICS bloc advances another step as Saudi Arabia joins China’s SCO

Ben Aris in Berlin April 6, 2023

Saudi Arabia's cabinet approved a decision to join the Shanghai Co-operation Organization (SCO) on April 6, cementing the increasingly close ties between the Middle East oil producer and China.

Azerbaijan blames Iran and arrests five over attempted murder of MP

Cavid Aga in Baku April 4, 2023

Azerbaijan has also accused Iran of not properly investigating an attack on its embassy in Tehran in January, and conducting threatening military exercises close to its border.

Azerbaijan accuses Iran of "sponsoring terrorism"

Cavid Aga in Baku March 31, 2023

The war of words has reached a new low point following the Azerbaijani foreign minister's visit to Israel and Palestine, as well as an assassination attempt on an anti-Iranian Azerbaijani MP.

Russia’s car market to return to pre-war levels only in 2027

Ben Aris in Berlin March 30, 2023

Russia’s passenger car market sales will only return to pre-war levels in 2027, even with an improvement in the geopolitical situation, an increase in production, and parallel imports, according to a study by Technologies of Trust (TeDo).

IMF: Volatile commodity prices reduce growth and amplify swings in inflation

Jeff Kearns of the IMF March 29, 2023

Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.

Turkey clones Iran’s ‘kamikaze’ drones

bne IntelIiNews March 28, 2023

Analysts say the Azab is a “replica” of the Shahed-136 that Russia uses to attack Ukraine.