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Sanctions have spurred innovation from Russian cheese to turbines in the last few years. Now it's the turn of precision machining in a key development for the economy....

Argentina remains by far the largest debtor to the International Monetary Fund, underscoring the depth of its long-running financial crisis and its dependence on multilateral support....

The Iran war has arrived at the worst possible fiscal moment for most of the world's major economies. Governments spent heavily on Covid, defence and two energy crises. Fiscal space across most of the developed world is limited or exhausted....

Argentine President Javier Milei faces 63% disapproval in May polls, the worst of his term, as Atlas Intel and Zuban Córdoba surveys point to inflation, the Adorni scandal and a 40% disillusionment rate among 2023 voters....

Rare earths, tariffs and Bolsonaro's shadow: what Lula's White House meeting with Trump really means for Brazil....

A new report reveals details of a major sanctions evasion scheme for Russian top business executives and oligarchs based on a cryptocurrency issued by payments company A7....

In 1969, Taiwan stood at the peak of its formal diplomatic standing, recognised by approximately 70 countries as the legitimate government of China. Today that number is 12....

wRenewable power paired with battery storage is becoming cost-competitive with fossil fuels for around-the-clock electricity supply, according to a new report from the International Renewable Energy Agency (IRENA)....

Russian retailer O'Key reported IFRS revenue of RUB80bn ($0.9bn) in 2025....

Tehran's Friday prayer leader Ahmad Khatami has warned Iranian officials against any retreat from the country's red lines in talks with Washington, ......

The fragile ceasefire between the United States and Iran came under its most severe test yet on May 8 as Iranian forces launched missiles, drones and fast-attack boats against three US Navy destroyers transiting the Strait of Hormuz....

Radev pledges to tackle rising prices, reform the judiciary and stabilise public finances after decisive election victory....

Hungary's outgoing prime minister Viktor Orban reportedly told insiders behind closed doors that the Fidesz brand may be too damaged to win future elections under its current name after the crushing election loss last month....

Cameroon has secured $206mn in bank financing for the CSTAR refinery project in Kribi, advancing plans to reduce dependence on imported fuel products while rebuilding domestic refining capacity after the prolonged shutdown of the SONARA refinery....

National Bank of Moldova cited expected inflationary pressures linked to the increase in international prices for energy resources, food products and raw materials....

Reunification issue has returned to public debate in recent months amid regional tensions and Moldova's efforts to advance towards the European Union....

Annual decline in retail sales volume index reflects lingering effects of the VAT increase introduced in August 2025, weakening consumer confidence and tighter household budgets....

How can Europe cover the $100bn the war in Ukraine costs? The EU just signed off on a €90bn loan for Ukraine agreed at a summit on December 19 to get it through the next two years. Europe doesn't have the cash. Russia does....

The group included nine Singaporeans, according to officials. Authorities said the hikers had entered the mountain region despite a climbing ban that had been in force for roughly two weeks as a result of heightened volcanic activity....

Reaching a top speed of 250 km/h, service cuts travel time in half to around 7.5 hours....