-
BIS flags debt and profitability risks in AI-driven market rally
-
Oil supply concerns and AI warnings weigh on global markets
-
Qatar Chamber and Maltese envoy consider business forum
-
'I am the hoax buster': Trump rejects AI danger warnings
-
Spanish PM denies being blackmailed by Morocco
-
Macklemore dropped from Ed Sheeran tour after 'free Palestine' speech
-
Doha Islamic finance forum names AlRayan firms as co-lead partners
-
Trump's son confirms Russian businessman paid for post-wedding festivities
-
Leeds thrash Newcastle to go third in the Premier League
-
Betis beat winless Villarreal to go third
-
Zelensky says Ukraine ready for 'de-escalatory steps'
-
Etihad capacity rises as war disruption weighs on annual earnings
-
In-form Malen fires Roma to Serie A summit, Inter on their heels
-
At G20 summit, US unravels power plant climate rules
-
Lebanese agency reports Israeli shelling and gunfire in south
-
Russian disinformation campaign sets sights on US midterms
-
Expert proposes phased digital reform for Arab business schools
-
England No 8 Pollock could move abroad or switch sports amid contract stand-off
-
Trump rejects 'hoax' warnings that AI could destroy humanity
-
Canada makes pitch as safe place to invest in 'uncertain world'
-
Houthis say Saudi Arabia hits Yemen with 54 strikes after attack on bases
-
In-form Malen fires Roma to Serie A summit
-
Why the far right is losing ground in Sweden
-
IOC visits Lyon amid leadership turmoil for 2030 Winter Olympics
-
Ex-Ireland fly-half O'Gara extends deal as La Rochelle coach
-
New York seizes 12 celeb deep-fake porn sites
-
Russian attacks on Ukraine railways escalating every week: rail CEO to AFP
-
Jesse Eisenberg channels emotional intensity into 'The Debut'
-
France, Iraq deepen energy, defence ties during Zaidi visit
-
Alarm over AI grows as divided US Congress struggles to act
-
Trump says Ukraine, Russia agree not to hit energy targets
-
PopDEX Surpasses $61M TVL and $2B Trading Volume in Closed Beta
-
Nigeria's Dangote refinery launches continent's biggest IPO
-
Oasis announce new 2027 world tour
-
Trump blasts 'sick conspiracy' against AI as warnings mount
-
Women athletes condemn 'sexualised' Sydney Sweeney commercial
-
For Laura Linney, role in Parkinson's-themed movie marked a turning point
-
UN calls for 'urgent action' to rein in AI in face of 'unprecedented risks'
-
Doctors face life sentence over Greek pop star's death
-
Russia intensifies attacks seeking to intimidate Ukraine, Europe
-
Trump moves to axe power plant climate rules
-
Richarlison not in Spurs League Cup squad: De Zerbi
-
Slow the AI race? Investors weigh the potential cost
-
French defence group Thales calls on governments to regulate AI
-
Philippine Muslim enclave votes for parliament after deadly shooting
-
Three talking points from the Spanish Grand Prix
-
Germany seeks guarantees from Italy's UniCredit over Commerzbank takeover
-
Saudi football body vows action against Jota chants, Ronaldo urges life ban
-
Liverpool will have to accept 'ups and downs', says Iraola
-
North Korea win 10-0 in Asian Games football mismatch
Orban and Putin's Shadow Deal
Hungarian Prime Minister Viktor Orban has long been a polarizing figure in the European Union, often clashing with Brussels over his nationalist stance and cozy relationships with authoritarian leaders. Among these, his bond with Russian President Vladimir Putin has sparked widespread unease. Their partnership, marked by secretive agreements and high-profile meetings, has cast a shadow over Hungary’s role in Europe, raising questions about its loyalty to EU principles and its implications for regional stability.
Central to this controversy are energy agreements that tie Hungary closely to Russia. Despite EU efforts to wean itself off Russian energy amid the Ukraine war, Hungary has doubled down on its dependence. In 2022, Orban locked in a long-term gas deal with Moscow, securing favorable rates for Hungary. This move has been a boon for the country’s economy but has drawn ire for propping up Russia’s finances under global sanctions and weakening Europe’s united front.
The collaboration extends beyond gas. Hungary has tapped Russia’s Rosatom to upgrade its Paks nuclear facility, a multi-billion-euro project funded largely by a Russian loan. Details of the deal remain murky, with allegations of corruption swirling around it. Observers worry that this not only deepens Hungary’s debt to Russia but also hands Putin a foothold in critical European infrastructure.
Diplomatically, Orban has stirred the pot further. In July 2024, he made an unexpected trip to Moscow to meet Putin, touting “peace talks” for Ukraine just as Hungary took the EU Council presidency. EU leaders slammed the visit, insisting Orban had no authority to speak for the bloc. Days earlier, he’d pitched a ceasefire to Ukraine’s Volodymyr Zelenskyy in Kyiv—a suggestion Kyiv dismissed as a win for Russia. Orban framed these moves as a “peace mission,” but many see them as a bid to bolster ties with Putin while playing both sides.
The Orban-Putin alliance isn’t just pragmatic—it’s rooted in shared ideology. Both leaders champion “traditional values” and reject liberal democracy, with Orban openly admiring Putin’s strongman tactics. This kinship has seen Hungary obstruct EU sanctions on Russia and stall aid to Ukraine, frustrating allies and amplifying divisions within the bloc.
The fallout is significant. Orban’s actions strain Hungary’s standing in the EU and NATO, casting doubt on its commitment to collective goals. They also signal to other populist figures that defying the EU for national gain is viable. As Europe navigates Russia’s aggression, the Orban-Putin pact remains a flashpoint, its full consequences still unfolding.
India defies U.S. tariffs
Argentina reshapes oil
Cuba: The Regime's last Card
Brazil's trade-war boom
Israel presses Tehran
Malaysia's Strategic Ascent
Russia's Population Plummets
Euro Challenges Dollar's Reign
US tariff dispute: No winner
Zelensky's trap for Putin
Jewish Success: Myths & Facts