Oil Prices Hit 5-Month Highs
In the oil market, the upward trend continues at the beginning of the new week, with prices rising to nearly 5-month highs due to increasing geopolitical risks related to supply disruptions
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Russia and Turkey are fighting for control over Bulgaria’s Movement for Rights and Freedoms (DPS) political party "in a proxy battle in their wider conflict", Victor Kotsev writes in an article for Canadian newspaper The Globe and Mail published on Friday.
“The fight threatens to destabilize further the European Union’s southern border,” the author says.
The expulsion of a Turkish diplomat from Bulgaria and the subsequent expulsion of a Bulgarian diplomat from Turkey, and the setting up of a an-hoc committee in Bulgaria’s parliament to look into alleged interference of Russia and Turkey into domestic affairs suggest that the Balkan country “is on track to become the latest battleground in a rapidly expanding conflict between the two regional heavyweights”.
You can read here the whole article titled “Russia and Turkey fight for control over Bulgarian political party”.
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Brazen Bulgarian gangs "terrorise the elderly and rob them over their life savings with increasingly aggressive phone scams nettling millions of euros," according to an AFP story.
The prospect of US President Donald Trump's moving closer to Russia has scrambled the strategy of "balancing East and West" used for decades by countries like Bulgaria, the New York Times says.
Bulgarians have benefited a lot from their EU membership, with incomes rising and Brussels overseeing politicians, according to a New York Times piece.
German businesses prefer to trade with Bulgaria rather than invest into the country, an article on DW Bulgaria's website argues.
The truth about Bulgaria and Moldova's presidential elections is "more complicated" and should not be reduced to pro-Russian candidates winning, the Economist says.
President-elect Rumen Radev "struck a chord with voters by attacking the status quo and stressing issues like national security and migration," AFP agency writes after the presidential vote on Sunday.
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