Moscows Arbitration Court ruled on Thursday that oil
company Bashneft had been sold unlawfully to Russian company Sistema, owned by billionaire Vladimir Evtushenkov, in the 2000s, allowing the court to seize shares of the company. This decision will effectively re- nationalize Bashneft, in a move that many commentators have likened to the nationalization of Yukos in 2004. Sistema has denied the claims, and Evtushenkov is currently under house arrest. Fortune Reuters This week, 150 Iraqi Kurdish Peshmerga fighters arrived in Turkey, where they intend to cross into the besieged Syrian town of Kobani to battle ISIS militants. Turkey agreed to the deployment after weeks of tension and refusing to allow Turkish Kurds to cross the border to fight. Syrian Kurdish leaders from Kobani said that the reinforcements were insufficient for their purposes.
New York Times BBC Following Ukrainian parliamentary elections on Sunday, in which pro-Western parties won the majority of the vote, Russia and Ukraine signed an energy deal that would ensure gas supplies for Ukrainians ahead of the winter months. Ending a gas cutoff that has been in effect since June, the deal will secure gas supplies for Ukraine through March. The deal will also assure other European countries that their own gas supplies from Russia will remain constant through the winter. New York Times Washington Post An Aeroflot flight flew directly from Moscow to Tbilisi on Monday for the first time in six years. Aeroflot Flight SU1892 carried about 100 passengers from Moscows Sheremetyevo Airport to Tbilisi at 11:30 PM Sunday evening, and made its return flight at 4:20 AM on Monday morning. Future flights will take place daily on a similar schedule. This is the first flight between the capitals of Russia and Georgia since war broke out between the two countries in 2008. Moscow Times RFE/RL Over the past two weeks, a number of Armenians, primarily women, have been protesting changes to government al benefits for pregnant women. The maternity benefits law currently compensates women with 100% of their salary while on maternity leave. With the new amendments, the compensation will vary based on length employed. While the government says that the changes will help provide benefits for unemployed mothers, women claim that the changes will exacerbate Armenias demographic crisis. Azatutyun ArmeniaNow On Monday, the European Investment Bank (EIB) announced that it would open its first local branch in Chisinau. EIB Vice President Wilhelm Molterer credited the opening to the cooperation of Moldovan authorities, and said that the new office will support local businesses, develop contacts in the public and private sectors, and strengthen relations with partner banks. Moldova has received more financial support per capita from the EIB than any other Eastern Partnership nation. CISTran Finance Global Post Reuters Belta The President of Azerbaijan, Ilham Aliyev, and the President of Armenia, Serzh Sargsyan, met in Paris on October 27 for another round of talks under the OSCE Minsk Group to mediate the conflict resolution negotiations over the status of Nagorno-Karabakh. The Paris meeting was the third in the last three months between the two presidents. The meeting was initiated by French President Francois Hollande. The two parties reached an agreement on the exchange of data about those missing in action. RFE/RL Trend.az The EU decided on Thursday to extend Belarusian sanctions by a year. These sanctions include asset freezes and travel bans for individuals and companies linked to the Belarusian government. The extension was motivated by the poor human rights record of the country. Sanctions are part of the EU policy of critical engagement with the government of Alexander Lukashenko that is devised to push Belarus to implement reforms. Belarus responded that the sanctions hinder the process of normalization of relations between the EU and Minsk.
On Thursday, sources at the Atomic Energy Organization (AEO) of Iran reported that the Iranian authorities detected and prevented a sabotage attempt on heavy water tanks. Asghar Zarean, deputy chief in charge of nuclear protection and security at the AEO, stated that the attempt to damage the tanks had occurred in recent weeks but was foiled before the tanks were filled at Arak. Zarean claimed that an unidentified foreign country was behind the attempt. Yahoo! News Washington Post According to the World Banks latest Ease of Doing Business report, released on Tuesday, Tajikistan has made more progress than any other country in implementing business-friendly reforms. Tajikistans progress fits in with the overall trend of improvement among other countries in the region, with 85 percent of countries in Eastern Europe and Central Asia making it easier to do business in the past year. Reuters Doing Business Turkmenistan marked the 23rd anniversary of its independence from the Soviet Union on October 27. The celebrations lasted for two days and included a military parade and an event at the sports stadium in the capital, Ashgabat. Russian President Vladimir Putin sent a congratulatory telegram to President Gurbanguly Berdymukhammedov of Turkmenistan and emphasized the importance of close relations between Russia and Turkmenistan for stability in the region. Cihan RFE/RL The Mongolian government has approved a new rail project to Russia to boost international trade. Known as the Northern Railway, the line will link Erdenet with the Ovoot metallurgical coal project and the Russian border at Arts Suuri, providing a direct route to Russias coal plant in the Ulug Khem Basin. Development of the Northern Railway follows the Mongolian governments recent trade agreements with Russia and China to develop transit infrastructure for increased metallurgical exports. Railway Journal World Coal On Wednesday, the town of Urgench hosted a two-day international conference on mitigating environmental degradation in the Aral Sea region. Leading international donor organizations pledged $3 billion to help save the shrinking Aral Sea, which was dubbed by SCO Deputy Secretary General Nurlan Akkoshkarov as a man-made disaster and a direct threat to sustainable development of the Central Asian region.
On October 24, the International Court of Arbitration in Paris awarded Latvian businessman Valery Belokon $16.5 million in an arbitration case against the Kyrgyz Republic. Belokon owned the Manas Bank in Kyrgyzstan, which the Kyrgyz government expropriated on allegations of money laundering and ties to the ousted Bakiyev regime in 2010. This marks the third international case lost by the Kyrgyz government in recent months. Diplomat Baltic Course Rappler Turkish Weekly Following a meeting on Tuesday between Afghan President Ashraf Ghani and Chinese President Xi Jinping, China pledged $327 million in aid. In addition to the financial resources, Jinping also promised Chinese help in training personnel and developing other sectors. In light of the drawdown of U.S. troops and rising regional instability, Ghani has been looking for additional sources of foreign aid. Al Jazeera Wall Street Journal A court in Almaty has ordered the Havas Worldwide Kazakhstan advertising agency to pay a fine of 34 million tenge (around $190,000) for the gay club poster that depicted Alexander Pushkin kissing composer Kurmangazy Sagyrbayuly. The agency is required to pay the teachers and students of Kurmangazy National Conservatory, who brought the complaint to the court claiming the poster had hurt their feelings. Human Rights Watch called the decision of the court a draconian ruling. Human Rights Watch The Guardian of-cease-fire-deal?utm_medium=RSS&utm_campaign=world On Monday, Polish Defense Minister Tomasz Siemoniak announced plans to strengthen Polands military presence along its eastern border. "The geopolitical situation has changed. We have the biggest crisis of security since the Cold War and we must draw conclusions from that," Siemoniak stated. The plan will require shifting troops from their current positions along Polands western border, where most troops have been stationed. Bloomberg
Reuters Slovakia signed a contract on Wednesday to purchase two Italian Spartan C-27J military cargo planes for 34.5 million euros each. The first plane is set to be delivered in 2016, followed by the second plane a year later. "I believe this contract concerns the largest modernization project in the history of the Slovak Armed Forces. It's a project that will shift our air force to a level where we'd like to see it," Slovak Defense Minister Martin Glvac said after signing the contract in Bratislava. Shanghai Daily Slovak Spectator Petrom, Romanias biggest oil company, and Exxon Mobil have begun drilling a new exploration well off the coast of Romania in the Black Sea. The well is located 155 kilometers offshore in the Neptun block, where Petrom and ExxonMobil have been drilling since 2011. Romanian Energy Minister Razvan Nicolescu noted that discoveries in the Black Sea region could help Romania become energy independent by the year 2020. Daily Mail Vice WSJ NY Daily News The makeup of the new Latvian Ministerial Offices among the three coalition parties was announced this week. The Unity Party will have six ministers, including the posts of prime minister, foreign minister, and finance minister. The Union of Farmers and Greens will have five ministers, including defense minister, economics minister, and health minister. The National Alliance will have three posts, including the parliamentary speaker.
Reuters Baltic Course Deutsche Welle RT RIA Novosti The Guardian Portfoli.hu Delfi.lt Anonymous blackmailers are threatening to spread Ebola in the Czech Republic if the government does not pay them a million euros in Bitcoin. An email that was published by the countrys top commercial TV Station claimed that the blackmailers have biological material from an infected patient in Liberia. The Czech Prime Minister called the alleged blackmailers hyenas for taking advantage of public fear. The Czech Republic currently has no confirmed cases of Ebola.
Soldiers from nine NATO nations will undertake military exercises in Lithuania. The exercise will involve 2,500 soldiers from Czech Republic, Estonia, United Kingdom, Canada, Lithuania, Luxembourg, Hungary, and Germany. "This shows that NATO countries assume an increasingly serious and united position regarding geopolitical changes and our concerns about security in the region," Lithuania's chief of defense said on Wednesday.
A 15-year-old student in Estonia opened fire and killed his teacher during class on Monday at around 2:00 PM local time. Four other students were inside the classroom. The shot left the teacher Ene Sarap, a German national, dead. The gun was legally registered under the name of students father. Prime Minister Taavi Roivas called the first school shooting in Estonias history a shock to us all.
On Tuesday, approximately one hundred thousand people protested the Hungarian governments decision to tax internet use. Participants have demanded that the government withdraw its plan to force internet service providers to pay tax per individual subscriber. Furthermore, there are concerns that the tax might not be absorbed by the internet providers as the government claims. The demonstration has continued since Tuesday.
Bulgarias 43rd National Assembly convened its first meeting on Monday. After the new MPs were sworn in, President Plevneliev gave an address, emphasizing the importance of a functioning parliament and encouraging dialogue between parties in the newly elected parliament, which have been unable to form a coalition government since the October 5 elections. Instability is the greatest threat to Bulgaria, Plevneliev said. It is of utmost importance that we rise to a new level of political and institutional stability. Sophia Globe Novinite On Monday, a TV journalist in Prishtina was attacked as he sat at his desk. The assailant entered the office of the television station Klan Kosova and repeatedly stabbed Milot Hasimja in the head and neck. Hasimja is in stable condition and the unnamed assailant has been detained. "Attacks such as this are a serious violation of press freedom and cannot be tolerated," said Oliver Vujovic, Secretary-General of the South East Europe Media Organisation (SEEMO). B92 The Guardian Prime Minister Aleksandar Vucic announced on Wednesday that Serbia is aiming to reach an agreement with the International Monetary Fund on a loan by the end of the year. Vucic said that the loan would improve the countrys image and prospects with potential investors. The loan would be precautionary for three or four years, the size of which will be under negotiations. The Serbian government expects a budget shortfall for 2014 of about 7.6% GDP. InSerbia Bloomberg The leading Croatian telecommunications company T- Hrvatski Telekom posted a net profit of HRK 717 million in the first nine months of 2014, down nearly 26% from the same period of 2013. A Hrvatski Telekom press release explained that the Croatian telecommunications industry suffered from a protracted economic downturn and regulatory changes this year as well as a new spectrum fee imposed by the government. Dalje Broadband TV News President Bujar Nishani visited Slovenian President Borut Pahor in Ljyubljana on Tuesday, with the joint announcement of a new effort to boost economic cooperation between the two countries. Nishani called for Slovenian investment in the Albanian energy, culture, agriculture, and tourism industries. Nishani also expressed gratitude for Slovenias support in Albanias democratization process and efforts to join the EU. On Sunday, the Bank of Slovenia announced that Slovenias state-owned banks NLB and NKBM have failed a European Central Bank (ECB) stress test, having a joint capital shortfall of 65 million euros in an adverse scenario. NLB and NKBM were both rescued by the state in December when the government barely avoided an international bailout by injecting 3.2 billion euros into local banks to prevent collapse under bad loans. Bloomberg Reuters Balkans Business News Slovenia Times Balkans.com NATO MINA BalkanInsight Two projectiles were fired at a Macedonian government building late Tuesday evening. One hit the roof of the building while the other struck the exterior walls. No one was injured. Whereas the police have not released any information about potential suspects, a forensic investigation is under way to determine the assailants identities and the types of projectiles used. General Knud Bartels, Chairman of the NATO Military Committee, visited Montenegro at the invitation of the Montenegrin Chief of General Staff Admiral Dragan Samardi. During the visit General Bartels also met with the Prime Minister and the Minister of Defense. General Bartels pointed out that, working with partners enhances NATOs ability to tackle security challenges together and allows NATO to build a broad cooperative security network.
On Monday, Bosnian Muslim, Croat, and Serbian nationalist parties prevailed in the countrys three-person presidential elections, as well as central and regional parliaments. Bakir Izetbegovic of the Muslim SDA party won a second four- year term in the collective presidency; the Serbs will be represented by Mladen Ivanic, and the Croats will be represented by Dragan Covic. Analysts expect lengthy power-sharing talks and new delays in overdue reforms. Reuters Balkans Business News