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Kenya’s sovereign bond index at the distressed 1,000 basis point spread over US treasuries enjoyed a brief reprieve from unrelenting gloom, as IMF managing director Kristalina Georgieva declared it an innocent bystander in sub-Sahara default panic.
Bank’s Tehran representative office latest result of nations’ big push to expand ties to counter impacts of Western sanctions on their economies.
In our latest update, we reassess our Hungarian economic and market forecasts as we downgrade the full-year growth outlook, as economic activity has been disappointing lately.
Even though headline inflation mildly decelerated in March, the underlying price dynamics look rather worrisome. The uptick in core inflation should reduce any speculation among market participants for an early rate cut by the central bank.
Russia and China will struggle for common policy on possible Russian soft underbelly Central Asia, Afghanistan, Mongolia, the vital Europe/Asia Caucasus crossroads, the Baltics, CEE and SEE.
Video hosting platform YouTube remains available in Russia, but Wagner mercenary group founder Evgeny Prigozhin has called for it to be banned.
Alfa Bank is a doyen of the Russian banking sector, a well spring of trained talent in the 1990s that did “real” banking business at a time when most oligarchs’ banks were either “bank-like” institutions or glorified treasury operators.
Commission for Protection of Competition has launched a probe into the deal to find out whether it would breach competition rules.
Russia’s sanctioned Uzbek-born metals tycoon Alisher Usmanov is worth an estimated $19bn and made his money in Russia. But these days he spends most of his time in his native country helping with reforms.
Despite months of tensions and occasional violence between Kosovo Albanians and Serbs, there are hopes that Pristina may finally be heading for a negotiated settlement with Belgrade.
Dealmaking in Central Europe is set to rebound, says law firm's long-standing Prague managing partner, as new kinds of investor move into the region.
Beg Sabur has been dispatched to the Pamirs to start work on overhauling the nation's internet.
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.
Rostelecom already controls another "big four" mobile operator, Tele2 Russia, and the acquisition of MegaFon would result in large-scale state consolidation of the TMT sector.
Benefiting from its geographic proximity and historic ties, Italy is already one of the top investors and trading partners of the Western Balkan countries.
Attacks followed the targeting of the defence ministry website, claimed by hacker collective Anonymous that accused Serbia of supporting Russia's war in Ukraine.
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.
Western investors are under heavy pressure in Belarus and many wish to leave the country. However, foreign telecom companies in Belarus appear to be planning long-term expansion.
Russia's invasion of Ukraine has caused a tsunami of M&A deals as Russia’s private companies scramble to restructure their businesses. Yandex, Russia's internet giant, will be the biggest victim and it will cost investors billions of dollars.