News

Nearly everyone in Iran infected by coronavirus at some point concludes study

bne IntelIiNews October 21, 2021

Country nevertheless hasn’t achieved herd immunity as it faces sixth COVID-19 wave driven by delta variant, it adds.

Tinkoff enters e-commerce race as competition intensifies

Theo Normanton in Moscow October 21, 2021

Russian online bank Tinkoff has launched an e-commerce venture. The new platform, a constellation of services and tools designed to help entrepreneurs. To manage it the bank has hired Ilya Kretov, formerly eBay’s CEO for Global Emerging Markets.

Polish government dithers as COVID-19 infections soar

bne IntelliNews October 21, 2021

Only half the population has been vaccinated and the least vaccinated regions also happen to be the most pro-government.

Russian metallurgical company Metalloinvest to build the world’s largest HBI iron plant

bne IntelliNews October 21, 2021

Leading Russian metallurgical company Metalloinvest signed off on a deal with a consortium of companies to build the world’s biggest hot briquetted iron plant, the preferred form of iron from which high quality steel can be produced.

Ciolos fails to win confidence vote in Romanian parliament

bne IntelIiNews October 21, 2021

USR's leader cabinet failed to secure support from any other party and was only backed by 88 MPs out of a total of 466.

wiiw hikes 2021 CEE growth forecast to 5.4%

Robert Anderson in Prague October 21, 2021

Growth is predicted to fall to 3.7% in 2022 and 3.5% in 2023 because of base effects, monetary tightening and more significant external headwinds.

Ukraine to be self-sufficient in gas and abandon imports within five years – Naftogaz

Ben Aris in Berlin October 21, 2021

Ukraine will be able to fully supply itself with gas and abandon gas imports entirely within five years, Yuriy Vitrenko, chairman of the Ukraine’s national gas company Naftogaz said during a conference in Kyiv.

Russia orders non-working week from October 30 to curb surging coronavirus infections

bne IntelliNews October 21, 2021

The number of coronavirus (COVID-19) cases in Russia has hit a record high of more than 34,000 new cases per day and the country’s death toll has surpassed 1,000 per day. The government has given the population a week off to stem the spread.

UK ‘tells trapped Afghan interpreters to escape on their own’

bne IntelIiNews October 20, 2021

Advice reportedly seen in emails tells former employees who served British armed forces to “actively consider evacuating to a third country”. Former UK government aid programme manager calls situation “morally indefensible”.

New Czech lower house to vote on lifting Babis' immunity for EU fraud prosecution

bne IntelliNews October 20, 2021

Stork's Nest case to return to haunt outgoing premier as he heads for opposition benches.

Poland and the EU ratchet up judicial dispute

Wojciech Kosc in Warsaw October 19, 2021

Prime Minister Mateusz Morawiecki defends Polish position in European Parliament as European Commission President Ursula von der Leyen warns that the EU will not hesitate to withhold funding.

Lockdown in Latvia planned from October 21

bne IntelliNews October 19, 2021

Highest-ever COVID-19 infection figures force government to consider month-long lockdown.

Ukraine’s Naftogaz asks to take part in decision to certify Nord Stream 2 gas pipeline

bne IntelliNews October 19, 2021

Naftogaz says Nord Stream 2 cannot be certified because it does not fully comply with European legislation.

Hospitalised Czech president set to be stripped of powers as scandal brews over signature

bne IntelliNews October 19, 2021

President's doctors say he is unfit to perform his duties, which should make it easier for the opposition to take power.

Czech financial group PPF to sell 30% stake in CETIN to investment fund GIC

bne IntelliNews October 19, 2021

Sale comes as speculation grows over potential part-disposal of Asian and Russian Home Credit operations in wake of death of founder Petr Kellner.

Russia breaks off diplomatic ties with Nato

bne IntelliNews October 19, 2021

Russia broke off diplomatic ties with Nato on October 18, expelling Nato’s diplomats at a liaison and communication office in Moscow and also ordering its representatives at Nato's HQ home by the end of the month.

Nord Stream 2's first string declared ready to pump gas

bne IntelliNews October 19, 2021

Russia has finished filling the first string of the Nord Stream 2 with natural gas, meaning that the pipeline is now technically ready to operate.

Ecosphere says Turkey’s net zero emissions by 2053 target looks entirely unrealistic

bne IntelIiNews October 18, 2021

"We do not know based on what study or report the target has been set," says group, adding that it may simply turn into a “net dream”.

IMF reaches staff level agreement on $5bn loan to Ukraine

Cameron Jones in Kyiv October 18, 2021

The government in Kyiv has convinced the International Monetary Fund (IMF) that is it serious about reforms and persuaded the fund to unfreeze its $5bn Stand By Agreement (SBA), the fund said on October 18.

Saakashvili’s return: more shrewd than it seemed?

Neil Hauer in Tbilisi October 18, 2021

The need to refocus the Georgian opposition around both the UNM and – perhaps more importantly – himself, seems to have played a major role in Saakashvili’s return.

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