Russian economics. Russia’s central bank governor, Elvira Nabiullina, said another interest rate hike in December is possible, after the bank raised the key rate to a record 21 percent... Movements in ...
Amid global uncertainties, companies diversifying supply chains away from China have driven a surge in foreign direct investment into the countries that make up the Association of Southeast Asian ...
The first casualty of Romania’s presidential election was the opinion polls – none of which proved accurate. The second might be the country’s post-communist ideals, including its pro-Western ...
South Korea’s president took the extraordinary step on Dec. 3 of declaring martial law. In announcing the move, President Yoon Suk Yeol accused the opposition Democratic Party of “anti-state ...
Russian tax revenue. Russia’s State Duma adopted a law increasing the profit tax rate for “natural monopoly entities transporting oil and oil products via trunk pipelines” – i.e., state pipeline ...
In December 2023, the European Council granted Georgia official candidate status for membership in the European Union, a result long favored by much of the population as well as successive pro-Western ...
Russian economics. Russia’s central bank governor, Elvira Nabiullina, said another interest rate hike in December is possible, after the bank raised the key rate ...
Cutting costs. German car parts manufacturer Bosch said it plans to cut 3,800 jobs in Germany by the end of 2027 to reduce costs in an increasingly competitive market ...