Last week the head of MI5 warned the country that Moscow’s intelligence agencies were carrying out “arson” and “sabotage” in Britain. Yesterday, we learnt that Russia is suspected of having planted an incendiary device on a plane to the UK. The parcel containing the device subsequently caught fire while stored in a warehouse in Birmingham;…
Hi, this is Konrad Krasuski in Warsaw. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here. The mood at the Warsaw Stock Exchange was jubilant when Polish convenience store chain Zabka began trading this week. The $1.6 billion initial public offering –…
washington — The United States on Thursday announced fresh sanctions targeting Chinese and Russian entities for their role in designing, building and shipping attack drones that have resulted in mass casualties in Ukraine. The sanctions target two Chinese entities, Xiamen Limbach Aircraft Engine Co., Ltd., and Redlepus Vector Industry Shenzhen Co Ltd (Redlepus), Russian entity…
berlin — U.S. President Joe Biden and German Chancellor Olaf Scholz will discuss increased reports of antisemitic acts in both countries over the last year as war has raged in the Middle East when they meet Friday in Berlin, a Biden administration official told reporters on the eve of Biden’s state visit to Germany. “This…
China has forged closer ties with Russia since the invasion of Ukraine, but it has repeatedly denied supplying weapons. The United States Department of the Treasury has announced sanctions against Chinese makers of drone engines and parts that President Joe Biden’s administration says have directly helped Russia mount long-range attacks in the war in Ukraine….
Freedom on the Net report says Kyrgyzstan showed sharpest downgrade, while Iceland had ‘freest online environment’. Global internet freedom has declined for the 14th year in a row, with Myanmar and China tied for the world’s worst record, a new study says. Freedom House, a pro-democracy research group based in the United States, also said…
ASML Holding NV lost its place as Europe’s most valuable technology company to software firm SAP SE after a guidance cut sent the Dutch chip-machine maker’s shares plunging. ASML has lost more than €60 billion ($65.3 billion) in market capitalization after shocking investors on Tuesday by lowering its guidance, citing delays in chip plant constructions….
STORY: The Paris auto show kicked off Monday (October 14), with tensions over tariffs on China-made electric vehicles a big focus. The event is the largest car show in Europe and comes at a pivotal time. Struggling European automakers need to prove they can still compete. While Chinese rivals aim to get a foothold in…
The European Union is facing an increasing threat of falling behind in the global race for net-zero technologies, particularly as China’s clean tech sector rapidly expands, according to a report by Brussels-based think tank, Strategic Perspectives. Titled ‘The global net-zero industrial race is on. A wake-up call for a powerful Clean Industrial Deal,’ the report…
Russia is strengthening its military ties with North Korea, Ukrainian President Volodymyr Zelenskiy warned, as he reiterated a plea for more sustained supplies for his country’s forces. “We see that the alliance between Russia and regimes like North Korea is growing,” Zelenskiy said in his daily address to the nation Sunday evening without providing any…