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Business, economy and politics across Emerging Europe, Eurasia, MENA and Africa.

Gulf States Condemn 'Unjustified' Iranian Attacks at Emergency Foreign Ministers Meeting
News•Mar 2, 2026

Gulf States Condemn 'Unjustified' Iranian Attacks at Emergency Foreign Ministers Meeting

Gulf Cooperation Council foreign ministers convened an emergency video‑linked session on March 1, condemning Iran’s recent missile and drone strikes on Saudi Arabia, the UAE, Bahrain and Qatar as “flagrant and unjustified.” The attacks were a retaliation to joint US‑Israeli operations on February 28, pulling GCC states directly into the widening conflict. Ministers affirmed the right to deploy all necessary resources to safeguard regional security. Meanwhile, senior Iranian adviser Ali Larijani denied any back‑channel talks with the United States and blamed former President Trump for escalating tensions.

By bne IntelliNews
Iran's Larijani Denies US Talks
News•Mar 2, 2026

Iran's Larijani Denies US Talks

Senior adviser Ali Larijani, a key figure in Iran’s post‑Khamenei crisis management, denied reports that Tehran was ready to resume talks with Washington via Omani mediators, posting “We will not negotiate with the United States” on X on March 1. His denial...

By bne IntelliNews
ASIA BLOG: The Fall of the Islamic Republic of Iran Will Boost the Rise of Asian Business Links No End
News•Mar 2, 2026

ASIA BLOG: The Fall of the Islamic Republic of Iran Will Boost the Rise of Asian Business Links No End

An Israeli‑U.S. strike that killed Iran’s supreme leader has weakened the Islamic Republic, prompting speculation that its eventual collapse could reshape Asian economic ties. Iran holds the world’s fourth‑largest oil reserves and the second‑largest gas deposits, assets long constrained by...

By bne IntelliNews
Uzbekistan’s January Foreign Trade Rises 29% to $5.8bn
News•Mar 2, 2026

Uzbekistan’s January Foreign Trade Rises 29% to $5.8bn

Uzbekistan’s foreign trade turnover jumped to $5.8 bn in January, a 29.2% year‑on‑year increase. Exports rose 26.7% to $1.69 bn, driven by industrial goods, food, chemicals and services, while imports climbed 30.3% to $4.14 bn, widening the trade deficit to $2.44 bn. China remained...

By bne IntelliNews
Hungary's Edortech Unveils Patented Tin-Anode Technology that Could Transform Global Battery Production
News•Mar 1, 2026

Hungary's Edortech Unveils Patented Tin-Anode Technology that Could Transform Global Battery Production

Hungarian startup Edortech announced its patented tin‑anode system, ONLi, ready for scale‑up after a decade of research. Independent audits show the anode can deliver up to 70 % higher energy density and 1.8 times the capacity of conventional graphite or Si‑C anodes...

By bne IntelliNews
Serbian Embassy in Tehran Damaged in Airstrikes, Staff Relocating to Baku
News•Mar 1, 2026

Serbian Embassy in Tehran Damaged in Airstrikes, Staff Relocating to Baku

The Serbian embassy in Tehran was damaged during Iranian airstrikes on March 1, though no staff were injured. A nearby military base was also hit, prompting the embassy team to relocate to Baku under standard diplomatic protocols. President Aleksandar Vučić confirmed...

By bne IntelliNews
VIDEO: IDF Destroys Tehran Command Centres After Iranian Missile Kills Nine Israelis
News•Mar 1, 2026

VIDEO: IDF Destroys Tehran Command Centres After Iranian Missile Kills Nine Israelis

The Israeli Defense Forces (IDF) launched airstrikes on Tehran, destroying multiple command headquarters, including the General Staff for Internal Security, after an Iranian missile strike killed nine Israelis in Beit Shemesh. Israel reported firing about 100 ballistic missiles at Iran...

By bne IntelliNews
Iraqis Call for March to 'Uproot' US Embassy in Baghdad
News•Mar 1, 2026

Iraqis Call for March to 'Uproot' US Embassy in Baghdad

Iraqi groups linked to the Islamic Resistance announced a mass march to storm the U.S. embassy in Baghdad on March 1, targeting the Green Zone at 8:30 pm. Security forces responded with tear gas and water cannons, dispersing protesters who had already...

By bne IntelliNews
Iran Denies Reports of Former President Ahmadinejad's Death in US-Israeli Strikes
News•Mar 1, 2026

Iran Denies Reports of Former President Ahmadinejad's Death in US-Israeli Strikes

Iranian officials have rejected claims that former President Mahmoud Ahmadinejad was killed in the recent US‑Israeli strikes on Tehran's Narmak district. The joint operation on February 28 reportedly killed Supreme Leader Ayatollah Ali Khamenei and several senior officials, sparking a...

By bne IntelliNews
Iran's Central Bank Raises Money Transfer Caps
News•Mar 1, 2026

Iran's Central Bank Raises Money Transfer Caps

On March 2, Iran’s Central Bank lifted daily transfer limits across its banking system to ease pressure from high inflation and the ongoing war. The POL instant network cap rose to IRR 1 billion, card‑to‑card limits to IRR 150 million, and payment transaction ceilings to...

By bne IntelliNews
China Calls for End to Strikes on Iran, UN Says the Hostilities “Undermine International Peace and Security”
News•Mar 1, 2026

China Calls for End to Strikes on Iran, UN Says the Hostilities “Undermine International Peace and Security”

China’s foreign ministry called for an immediate cessation of Israeli and U.S. strikes on Iran, urging both parties to respect Iran’s sovereignty and resume dialogue. The statement followed unverified reports that Beijing may offer to mediate between Tehran and the...

By bne IntelliNews
COMMENT: Modi’s Silence on Middle East Crisis Exposes His Lack of International Clout
News•Mar 1, 2026

COMMENT: Modi’s Silence on Middle East Crisis Exposes His Lack of International Clout

Prime Minister Narendra Modi remained silent as missiles struck Iran, Israel and other Middle Eastern states, opting instead to post cricket highlights, investment news and birthday wishes on social media. His silence follows a high‑profile visit to Israel that suggested...

By bne IntelliNews
Middle East Faces “Risk of Being Dragged Into Ring of Fire”, Says Erdogan in Response to US-Israeli Attack on Iran
News•Feb 28, 2026

Middle East Faces “Risk of Being Dragged Into Ring of Fire”, Says Erdogan in Response to US-Israeli Attack on Iran

Turkish President Recep Tayyip Erdogan expressed deep sorrow over the joint US‑Israeli strike on Iran, labeling it a breach of Iranian sovereignty. He blamed Israeli provocations for the escalation and condemned Iran’s retaliatory missile and drone attacks on Gulf states...

By bne IntelliNews
Rosatom Confirms Bushehr Nuclear Plant Undamaged as Russia Evacuates 94 People
News•Feb 28, 2026

Rosatom Confirms Bushehr Nuclear Plant Undamaged as Russia Evacuates 94 People

Rosatom confirmed that Iran's Bushehr nuclear power plant, operated by Russia, sustained no damage during the recent US‑Israeli military operation. The Russian state nuclear corporation evacuated 94 family members of its staff via Azerbaijan and Armenia after the Russian embassy...

By bne IntelliNews
Iraqi Shi'ite Militia Group Declares All US Bases ‘Legitimate Targets’
News•Feb 28, 2026

Iraqi Shi'ite Militia Group Declares All US Bases ‘Legitimate Targets’

Iraqi Shi'ite militia Saraya Awliya al‑Dam announced all U.S. military bases are legitimate targets. The group, aligned with Iran, said its fighters are ready to fire at any American installation in Iraq and beyond. The declaration follows recent Iranian strikes,...

By bne IntelliNews
Armenia’s Nuclear Choice Carries Heavy Debt Trade-Offs, Says GlobalSource
News•Feb 26, 2026

Armenia’s Nuclear Choice Carries Heavy Debt Trade-Offs, Says GlobalSource

Armenia is negotiating a U.S.-backed small modular reactor (SMR) program that could add up to 30% of GDP to its public debt in a worst‑case scenario. The $9 billion figure reflects a sovereign‑guaranteed loan rather than direct foreign investment, contrasting with...

By bne IntelliNews
China and Iran Queue up to Copy Belarus-Russia Regional Blueprint, Lukashenko Claims
News•Feb 26, 2026

China and Iran Queue up to Copy Belarus-Russia Regional Blueprint, Lukashenko Claims

Belarusian President Alexander Lukashenko announced that both China and Iran have expressed interest in replicating the Belarus‑Russia Union State's region‑to‑region cooperation framework. The declaration came during the Supreme State Council in Moscow, co‑chaired by Vladimir Putin, as the Union State...

By bne IntelliNews
Capital Plan Tests Nerves in Brasília
News•Feb 26, 2026

Capital Plan Tests Nerves in Brasília

The Federal District government has introduced a bill to inject up to BRL 6 billion into BRB Banco de Brasília following the Master Bank fraud, allowing borrowing from the Credit Guarantee Fund or other lenders. The proposal also reduces the number of...

By bne IntelliNews
Iran-US Nuclear Talks in Geneva Pause for Break as IAEA Chief Joins Consultations
News•Feb 26, 2026

Iran-US Nuclear Talks in Geneva Pause for Break as IAEA Chief Joins Consultations

Iranian and American negotiators held the third round of nuclear talks in Geneva on February 26, briefly pausing before resuming later that day. Omani Foreign Minister Badr Busaidi, who is mediating the talks, described the atmosphere as "creative and positive." The International...

By bne IntelliNews
MOSCOW BLOG: Russia as a Supermarket Dressed up as a Country
News•Feb 26, 2026

MOSCOW BLOG: Russia as a Supermarket Dressed up as a Country

Russian Finance Minister Anton Siluanov announced a sweeping fiscal overhaul, lowering the oil‑price budget rule threshold by $1 each year for five years to shift revenue reliance from oil and gas to domestic consumption. The move follows a sharp drop...

By bne IntelliNews
Russia Moves to Bring Crypto Market Under Full State Control
News•Feb 25, 2026

Russia Moves to Bring Crypto Market Under Full State Control

Russia's central bank and finance ministry are drafting legislation to establish a fully regulated domestic cryptocurrency market. The bill, slated for Duma submission in March, would require licensed exchanges, depositories, brokers and asset managers under Central Bank supervision, taking effect...

By bne IntelliNews
US Formally Warned Kyiv over Attacks on Russia that Damage American Oil Majors’ Interests, Says Ambassador
News•Feb 25, 2026

US Formally Warned Kyiv over Attacks on Russia that Damage American Oil Majors’ Interests, Says Ambassador

The United States delivered a formal diplomatic warning to Kyiv after Ukrainian drones struck the Russian Black Sea port of Novorossiysk, a key export gateway for Kazakh crude that underpins American oil majors' interests. The attack disabled a single‑point mooring,...

By bne IntelliNews
Romania’s Government Approves Public Administration Reform, Economic Stimulus Package
News•Feb 25, 2026

Romania’s Government Approves Public Administration Reform, Economic Stimulus Package

Romania’s cabinet approved a sweeping public‑administration decree that will cut roughly 10% of civil‑service staff – about 12,800 jobs – and impose unified wage standards on the majority of local units. The same session cleared an economic relaunch package featuring...

By bne IntelliNews
Loom Games Claims “Unicorn” Crown in Record Time for Turkish Startup
News•Feb 25, 2026

Loom Games Claims “Unicorn” Crown in Record Time for Turkish Startup

Los Angeles‑based Scopely agreed to acquire a majority stake in Istanbul‑born mobile‑game studio Loom Games, valuing the company at over $1 billion through a performance‑based structure. Loom, founded in August 2025, launched its first title “Pixel Flow” in September, attracting more than 10 million...

By bne IntelliNews
Bangladesh Election Reduces Political Uncertainty but Forthcoming Reform Execution Remains Critical
News•Feb 25, 2026

Bangladesh Election Reduces Political Uncertainty but Forthcoming Reform Execution Remains Critical

Bangladesh’s February 12 election gave the Bangladesh Nationalist Party a decisive parliamentary super‑majority, easing short‑term political uncertainty. The win clears the path for a long‑awaited constitutional referendum that could reshape the legislature, judiciary and prime‑ministerial term limits. Fitch Ratings notes that...

By bne IntelliNews
Russia's Kaspersky Fights Western Sanctions
News•Feb 24, 2026

Russia's Kaspersky Fights Western Sanctions

Kaspersky Lab faces a cascade of Western sanctions that have crippled its European and U.S. operations. Germany’s BSI warning has slashed German sales by roughly 80%, while the U.S. Treasury and Commerce departments have barred Kaspersky products and placed senior...

By bne IntelliNews
Kuwait’s CGCC Secures Gas Gathering Contract in PNZ
News•Feb 21, 2026

Kuwait’s CGCC Secures Gas Gathering Contract in PNZ

Kuwait’s Combined Contracting Group Co. (CGCC) secured a KWD 10.2 million contract to provide gas‑gathering support services in the Partitioned Neutral Zone (PNZ) at the Al‑Wafra Joint Operations facility, a partnership between Kuwait Gulf Oil Co. and Chevron Saudi Arabia. The deal...

By bne IntelliNews
Slovak Government Could Have Boosted Czechoslovak Group with Defence Contracts Ahead of IPO, Anti-Graft Watchdog Says
News•Feb 21, 2026

Slovak Government Could Have Boosted Czechoslovak Group with Defence Contracts Ahead of IPO, Anti-Graft Watchdog Says

Slovak journalists allege that the Ministry of Defence awarded Czechoslovak Group (CSG) €60.36 bn in contracts after the 2023 election, potentially to lift investor sentiment ahead of CSG’s January 2026 Amsterdam IPO. The IPO raised a record‑size defence offering, valuing CSG at...

By bne IntelliNews
COMMENT: Myanmar’s Fragile Post‑election Balancing Act
News•Feb 20, 2026

COMMENT: Myanmar’s Fragile Post‑election Balancing Act

Myanmar’s December‑January 2025‑26 election was conducted solely in areas under junta control, cementing the military’s claim to power while excluding large swaths of the population. The vote did little to curb the civil war, as resistance forces—including the People’s Defence...

By bne IntelliNews
Adani Power Limited Enters Nuclear Segment as India Opens Sector
News•Feb 20, 2026

Adani Power Limited Enters Nuclear Segment as India Opens Sector

Adani Power Limited has created a wholly‑owned subsidiary, Adani Atomic Energy Limited, to enter India’s nuclear power generation market. The move follows the Indian government’s SHANTI Bill, which relaxes licensing and permits controlled private participation in nuclear projects. The new...

By bne IntelliNews
Pakistani PM Holds Talks with Rubio After Washington Summit
News•Feb 20, 2026

Pakistani PM Holds Talks with Rubio After Washington Summit

Pakistan’s Prime Minister Shehbaz Sharif met U.S. Secretary of State Marco Rubio in Washington on Feb 19, focusing on cooperation in critical minerals, energy, counter‑terrorism and potential American investment. The discussion also highlighted Pakistan’s backing of President Donald Trump’s Gaza peace plan...

By bne IntelliNews
Brazil’s PicPay Moves Into Insurance
News•Feb 19, 2026

Brazil’s PicPay Moves Into Insurance

PicPay, the J&F Group‑backed digital payments platform, has filed a request with Brazil’s antitrust authority to acquire insurer Kovr Seguradora. The transaction, whose price remains undisclosed, also requires clearance from the Superintendence of Private Insurance. Kovr, recently owned by its...

By bne IntelliNews
PicPay Files to Acquire Brazil Insurer Kovr Seguradora
Deals•Feb 19, 2026

PicPay Files to Acquire Brazil Insurer Kovr Seguradora

Brazilian fintech PicPay, part of J&F Group, has filed a request with the antitrust regulator CADE to acquire insurance provider Kovr Seguradora, aiming to expand into insurance, capitalisation products and private pensions. The transaction value was not disclosed and still...

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