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.
Franchisee banned by US parent corporation from purchasing Russian meat supplies. Alternative sourcing would apparently mean running business at a loss.
Arguments and accusations of bribery reported among fragmented coalition of 20 small parties.
Closure reportedly follows disputes concerning unpaid rent and alleged political involvement.
Economy minister says vendors won't get away with hiking prices after euro adoption, but retailers blame high inflation for price increases.
Making an example of group looks like attempt to put indefinite end to Kyrgyzstan’s periodic cycle of extra-parliamentary regime changes.
In a recent investigation, the Belarusian Investigative Centre has detailed how Belarusian wood working suppliers use Central Asian countries to circumvent EU sanctions.
Move appears to be response to arrest by Iranian regime of seven people with links to UK amid anti-government protests.
Around 400 Russian soldiers were reportedly killed in a Ukrainian HIMARS missile attack in the occupied Donetsk region of Ukraine. The attack hit a building in the city of Makiivka, where Russian forces were believed to be stationed for the holidays.
Kozloduy NPP signs contracts with Westinghouse and Framatome on delivery of nuclear fuel.
Thirty years ago the Mongolian Stock Exchange was opened up to privatize the country’s Soviet-era assets. Last week the exchange conducted an initial public offering to sell off a third of its own shares to the public.
Russia-backed separatists in Transnistria urge Moldovan MPs not to pass planned amendments to Criminal Code.
Newest EU member Croatia becomes 20th eurozone country shortly after getting go-ahead to join Schengen zone.
The sky over the Russian city of Astrakhan on the Black Sea was full of vapour trails of dozens of missiles on their way to strike Ukrainian cities on New Year’s Eve.
Removal of the barricades is seen as a sign of the de-escalation of tensions in northern Kosovo, at least temporarily.
Sources inside Yandex have provided bne IntelliNews with the full farewell message circulated by co-founder and former CEO Arkady Volozh.
Spending by Russian consumers on the biggest shopping day of the year before New Year’s Eve may fall by a quarter due to the economic slowdown and sanctions, according to the forecasts of the Tinkoff Kassa service.
A volley of Russian missile and drone strikes interrupted Ukraine’s festive celebrations on December 29.
Minimum wage boosted 55%. Government-guaranteed credit splurge for small businesses expected.