General Awareness

INTERNATIONAL AFFAIRS - July 2024

Jul 2024

Jan 05, 2026

Turkmenistan legalizes cryptocurrency mining and trading

Turkmenistan announced a policy shift in January, officially legalizing cryptocurrency mining and exchanges. The new legislation brings virtual assets under civil law and introduces a licensing system regulated by the central bank. Licensing will govern cryptocurrency exchanges, ensuring government oversight. However, cryptocurrencies will not be recognized as legal tender, currency, or securities. The policy aims to modernize the economy and diversify away from natural gas, while maintaining strict state control over digital-asset activities. The move marks a cautious step toward digital finance in a tightly controlled economy.

Crypto mining and exchanges legalized
Licensing regime established for exchanges
Central bank to regulate licenses
Crypto not legal tender or securities
Policy signals cautious financial reform

Jan 03, 2026

Zelensky names Kyrylo Budanov as head of Presidential Office

Ukrainian President Volodymyr Zelensky named spy chief Kyrylo Budanov as his new head of the presidential staff, more than a month after the previous top aide resigned amid a corruption row. Budanov has led the military intelligence agency, known for strikes against Russia and for shaping security policy. The appointment signals a consolidation of security and political leadership in Kyiv as the war and reconstruction efforts continue. Analysts say Budanov's background in intelligence could influence governance and coordination with allied intelligence services. The change comes during a challenging period for Ukraine as it seeks to maintain unity, transparency, and strategic resilience.

Budanov named head of the Ukrainian presidential staff.
Background in military intelligence and security policy.
Appointment seen as consolidation of leadership in Kyiv.
Possible impact on governance and allied intelligence coordination.
Comes amid ongoing war and reconstruction challenges.

Jan 02, 2026

Bulgaria Adopts Euro in 2026 New Year

Bulgaria became the 21st country to adopt the euro, entering the New Year on 1 January 2026. At midnight on 31 December 2025, Bulgaria ceased to use the lev currency as euro coins were ceremonially projected onto the central bank building. The move, nearly 20 years after joining the European Union, is expected to influence pricing, trade, and financial markets. The transition is being watched closely for early inflationary signals and public sentiment as the country aligns with euro‑area policies and regional economic integration.

Bulgaria joined the euro zone on 1 January 2026.
Lev currency was replaced by the euro at midnight on 31 December 2025.
First euro coins projected at the central bank building during the switch.
Significant step in EU integration and regional economics.

Jan 01, 2026

Israel to Award Israel Prize for Peace to Donald Trump in 2026

Israeli Prime Minister Benjamin Netanyahu announced that the Israel Prize for Peace will be awarded to former US President Donald Trump in 2026. If conferred, Trump would be the first non-Israeli citizen to receive the Peace prize and the first recipient in the prize’s Peace category in 80 years. The decision reflects evolving bilateral ties and a ceremonial gesture by Israel recognizing contributions to peace initiatives discussed in bilateral meetings in Florida in December 2025. The award underscores the complex interplay between diplomacy, political leadership, and regional security dynamics.

Israel Prize for Peace to be awarded to Donald Trump in 2026.
First non-Israeli citizen recipient of the Peace prize.
First Peace-category award in 80 years.
Linked to bilateral discussions in December 2025.

UAE Ends Counterterrorism Mission in Yemen Voluntarily

The United Arab Emirates’ defence ministry announced the voluntary end of its counterterrorism mission in Yemen. The remaining UAE forces had been present since earlier reductions in 2019. The decision follows a Saudi-led coalition airstrike on the southern Yemeni port of Mukalla, which Riyadh described as targeting a UAE-linked weapons shipment. The withdrawal marks a continued shift in Yemen security arrangements and reflects broader regional recalibrations. The UAE stressed that the move does not change its broader security or humanitarian aims in the region, though it reduces its direct military footprint in Yemen.

UAE formally ends remaining counterterrorism forces in Yemen.
Describes ongoing realignments after 2019 drawdown.
Airstrike on Mukalla cited by Riyadh as context for withdrawal.
Withdrawal signals shifting regional security posture.

Dec 31, 2025

Kosovo Prime Minister Albin Kurti Wins Snap Election

Kosovo Prime Minister Albin Kurti has won a snap election, according to results published by the election authorities. Kurti's victory solidifies his mandate to push domestic reforms, including welfare expansion and higher salaries for public workers. He faces challenges such as tensions with Serbia and gaps in health and education systems compared to neighbors. The outcome deepens Kosovo's political dynamics and could influence regional stability and alignment with the European Union and Western partners. Observers note that the election results reinforce Kurti's reformist platform. The result will shape Kosovo's political discourse for years to come. Analysts foresee impact on regional diplomacy.

Kurti wins Kosovo snap election, strengthening mandate.
Focus on welfare expansion and higher public salaries.
Key challenges: Serbia tensions and health/education gaps.
Possible impact on EU alignment and regional diplomacy.
Analysts expect reformist momentum to continue.

Guinea Junta Chief Mamady Doumbouya Wins Presidency in Controversial Election

Guinea's junta chief Mamady Doumbouya has been elected president following a controversial vote, according to polling results published by the country’s election commission. Doumbouya, who led the 2021 coup, secured a majority in the presidential ballot, ending months of political uncertainty. The results were hailed by supporters as a step toward stability, while critics raised concerns about the fairness of the process and the restriction of opposition activities. The international community urged calm and transparency. The outcome sets the tone for Guinea's domestic policy and its relations with neighboring states, particularly in West Africa. Observers awaited any runoff decisions and regional reactions.

Doumbouya elected president after 2021 coup.
Controversial vote; concerns over fairness and opposition restrictions.
International calls for calm and transparency.
Implications for Guinea’s West Africa relations.
Observers monitoring potential runoff decisions.

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