News

Indian energy supply unaffected by US sanctions on Russia

bno Chennai bureau January 24, 2025

India’s energy security remains steady despite new US sanctions targeting Russia.

Bulgaria’s new government gives up on January 2026 eurozone entry

Denitsa Koseva in Sofia January 23, 2025

Opposition politicians have accused the new government of deliberately sabotaging Bulgaria's adoption of the European single currency.

Trump sets 100-day deadline for Ukraine peace, Zelenskiy seeks US guarantees

bne IntelliNews January 23, 2025

US President Donald Trump has tasked his special envoy for Russia and Ukraine, Keith Kellogg, with ending the war in Ukraine within 100 days.

Russia arrests Colombian fighter in occupied Kursk as mercenary crackdown widens

bne IntelliNews January 23, 2025

A Colombian citizen has been detained near the village of Alexandria in Russia's Kursk region on charges of terrorism and mercenary activity, as both Moscow and Kyiv grapple with the growing presence of foreign fighters in their ranks.

Putin faces mounting economic challenges amid pressure for Ukraine peace talks

bne IntelliNews January 23, 2025

Russian President Vladimir Putin is under increasing pressure to address Russia’s deepening economic woes as US President Donald Trump intensifies calls for a negotiated end to the war in Ukraine.

Turkish Airlines resumes Damascus flights after 13-year hiatus

bnm Gulf bureau January 23, 2025

The first Turkish Airlines flight in 13 years landed in Damascus on January 23, carrying 345 passengers including the airline's CEO Bilal Eksi.

Saudi crown prince pledges $600bn US investment in Trump call

bnm Gulf bureau January 23, 2025

Saudi Arabia plans to invest $600bn in the United States over the next four years, Crown Prince Mohammed bin Salman told former President Donald Trump in a phone call on January 22.

City of Budapest vows to exercise pre-emptive rights over plot for planned €5bn luxury project by UAE investor Eagle Hills

bne IntelliNews January 23, 2025

The Budapest municipality has vowed not to waive its pre-emption rights over a plot of land sold by the state to UAE investor Eagle Hills, which plans a €5bn real estate development on the site, Mayor Gergely Karacsony announced.

Trump warns Putin of severe economic measures without swift Ukraine peace deal

bne IntelliNews January 23, 2025

US President Donald Trump has issued a stark warning to Russian President Vladimir Putin, threatening severe economic measures unless a peace agreement is reached to end the conflict in Ukraine.

Authorities seize $3.8mn of meth in northeastern India

bno Chennai bureau January 23, 2025

India's Directorate of Revenue Intelligence has intercepted two major drug consignments worth a combined $3.8mn in northeastern India. The seizures were part of a larger anti-drug operation targeting organised trafficking networks in the region.

Aluminium prices dip as Trump considers 10% tariff on Chinese imports

bno - Taipei Bureau January 23, 2025

Aluminium prices took a hit on January 22 after US President Donald Trump announced his administration was contemplating a 10% tariff on Chinese imports, effective February 1.

Wizz Air stops refuelling at Belgrade airport to comply with US sanctions

Tatyana Kekic in Belgrade January 22, 2025

Recent US sanctions targeted oil and gas company NIS, the sole supplier of aviation fuel in Serbia, which is majority-owned by Russia’s Gazprom Neft.

Bulgaria’s ruling coalition rejects central bank law changes putting eurozone entry at risk

Denitsa Koseva in Sofia January 22, 2025

The new coalition has set the country’s accession to the eurozone by January 2026 as its key priority, but achieving this looks increasingly unlikely.

Trump's return to White House draws polarised Latin American response

Marco Cacciati January 22, 2025

Latin America has split over Donald Trump's White House return, with a handful of leaders rushing to embrace the new president while others eye his protectionist agenda with alarm.

More than 5,000 Nigerian women trapped in Iraq

bnm Gulf bureau January 22, 2025

More than 5,000 Nigerian women are currently stranded in Iraq after being recruited as caregivers under false pretences, the head of Nigeria's Diaspora Commission said on January 22

Fighter jet crashes in Iran without casualties

bnm Tehran bureau January 22, 2025

An Iranian Army Air Force plane crashed during a training mission in the western province of Hamedan on the morning of January 22.

IDF Chief of Staff resigns over October 7 security failure

Mathew Cohen in Tel Aviv January 22, 2025

IDF Chief of Staff Lieutenant General Herzi Halevi has announced his resignation effective March 6, 2025, citing responsibility for the military's failure to prevent the October 7 Hamas attack.

China's Shanghai SUS Environment secures $497mn contract for waste-to-energy project in Iraq

bnm Gulf bureau January 22, 2025

Iraq has awarded China's Shanghai SUS Environment Co. Ltd a $497mn contract to build the country's first waste-to-energy plant, which will process 3,000 tonnes of waste daily and generate 100 MW of electricity.

Diagnostyka aims to raise €400mn with Warsaw IPO

Wojciech Kosc in Warsaw January 22, 2025

Medical diagnostics provider's IPO is seen as a major addition to the Polish equity market, following last year’s PLN6.45bn listing of convenience chain Zabka.

Hungarian rapper's video taking aim at Viktor Orban and corruption goes viral

bne IntelliNews January 22, 2025

The music video by Hungarian rapper and television personality Majka has sparked significant political repercussions and dominated public discourse over the last few days as it targeted the ruling party and its leader Viktor Orban.

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