News
Hungary opposes EU’s new long-term budget
Prime Minister Viktor Orban has sharply criticised the European Commission’s new long-term budget proposal, accusing Brussels of favouring Ukraine at the expense of European farmers, including those in Hungary.
Onto Innovation Inc. acquires business unit of Hungarian semiconductor metrology firm for $545mn
Massachusetts-based Onto Innovation Inc. has agreed to acquire a major business unit of Hungary's Semilab Group for $545mn, in a rare international spotlight for the Budapest-based semiconductor metrology firm.
Deadly clashes erupt in Bangladesh - again
Fresh violent clashes in Bangladesh’s Gopalganj district on July 17 left at least four people dead and dozens injured after a confrontation between police forces and rival political supporters turned deadly.
Romania's fiscal plan seen reducing deficits but slowing growth, says ING
Romania’s new fiscal consolidation package is likely to reduce the country’s twin deficits over the next two years, but at the cost of significantly slower economic growth, analysts said.
Prabowo’s France visit marks a milestone in 75 years of Indonesia–France relations
Indonesian President Prabowo Subianto has concluded a state visit to France, in the process reinforcing the deepening strategic partnership between Jakarta and Paris.
South Korea records job gains in June despite declines in key industries
South Korea added 183,000 jobs in June compared to the previous year, marking the sixth month of continuous employment growth, according to Statistics Korea.
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Trio of Turkmen opposition activists face deportation from Turkey as Ankara “indulges” Ashgabat
Erdogan builds Turkic ties, loses patience with Turkmen critics.
Hungarian farmers dump manure at EU headquarters in protest at planned cuts in CAP funds
Hungarian farmers dumped piles of manure in front of the EU’s headquarters in central Budapest in protest at the European Commission’s plans to overhaul the Common Agricultural Policy from 2028, leading to cuts in agricultural subsidies.
US YouTube star IShowSpeed stuns Lithuania in €30,000 visit, sniffs an official’s armpit
Internet personality Darren Jason Watkins, American – better known as IShowSpeed – arrived in Lithuania on July 15, and was welcomed at the airport by Minister of the Economy Lukas Savickas,
Brazil seeks more time to negotiate as Trump tariffs threaten significant economic damage
Brazil will pursue a rapid reversal of Washington's 50% tariff announcement while remaining open to requesting additional negotiation time, according to Vice President Geraldo Alckmin.
UPDATE: Israeli strike reported near Syria’s presidential palace
An Israeli airstrike targeted an area near Syria’s Presidential Palace in Damascus on July 16.
Israel reinforces Golan forces as Druze declare strike over Syrian violence
Israeli Defence Forces have reinforced troops on the Syrian border after Druze leaders declared a general strike and warned they would cross into Syria to help their community under attack in Suwayda province.
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Taiwan’s president plans visit to Paraguay amid diplomatic pressure from Beijing
Taiwanese President Lai Ching-te is set to visit Paraguay next month, a move which could include transit stops in the United States and is already drawing criticism from Beijing.
Trump to meet Qataris to negotiate Gaza ceasefire deal
US President Donald Trump will meet with Qatar's Prime Minister and Foreign Minister Mohammed bin Abdel Rahman Al Thani on July 16 to discuss a ceasefire in Gaza and Iran.
Kremlin vows to fight on, despite Trump's new sanctions and weapons package for Ukraine
The Kremlin already warned during the last Istanbul meeting that it might take as many as eight new regions if Ukraine does not accept its terms.
Czechia signs nuclear memorandum with Great Britain
Czechia has signed a nuclear memorandum with the United Kingdom aimed at cooperation in nuclear energy, including the development of small modular reactors.
Fidesz offered billions to liberal Momentum to run in 2026 race to hurt Tisza Party's chances, ex-chair claims
Andras Fekete-Gyor said Fidesz offered money and logistical help if the liberal party would field candidates in the 2026 parliamentary race.
Slovak PM Fico delays approval of EU’s sanctions package again, blaming Slovak opposition
Slovak populist Prime Minister Robert Fico has again delayed approval of the latest 18th round of EU sanctions against Russia, blaming his latest blocking on the opposition parties in Slovakia.
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Russia’s consumer spending motor runs out of fuel
A number of indicators point to the stagnation of consumer spending in Russia, which for years has been the main driver of economic growth.
China and Serbia to hold first joint military training exercise
China and Serbia will conduct their first-ever joint military training exercise later this month in northern China’s Hebei Province.