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☆ Trial of Bosnian Serb Leader Dodik Formally Begins After Delays
▼ + stars: | 2024-02-05 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +3 min

SARAJEVO (Reuters) - The trial of Bosnian Serb separatist leader Milorad Dodik on charges of defying the rulings of an international peace envoy formally begun on Monday after delays due to his protests against judges he said were biased and other complaints. The trial is taking place at Bosnia´s state court in the capital Sarajevo. The state court dismissed Bubic's earlier requests for eight judges to be exempted from the case over alleged political biases against Dodik. Asked if he has understood the indictment, Dodik said he did not understand any part of it and that it represented a "distortion of facts". "It has not been backed by a single fact, it was done under political pressure by incompetent prosecutors," Dodik told the judge.

Persons: Milorad Dodik, Dodik, Goran Bubic, Sena Uzunovic, Judge Uzunovic, Christian Schmidt, Schmidt, Bubic's, Dodik's, Gordana Bosiljcic, ´, Dodik ´, Daria Sito, Angus MacSwan Organizations: Bosnia, High, United Nations Security Council Locations: SARAJEVO, Bosnian, Bosnia, Serb Republic, German, Sarajevo, Republic

☆ NATO's Stoltenberg concerned by secessionist rhetoric in Bosnia
▼ + stars: | 2023-11-20 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +3 min

[1/3] NATO Secretary General Jens Stoltenberg shakes hands with Bosnian Prime Minister Borjana Kristo during his visit to Sarajevo, Bosnia and Herzegovina, November 20, 2023. Bosnia emerged from a 1992-1995 war with a federal structure uniting a Serb-dominated republic with a federation of Croats and Bosniak Muslims. "We are concerned by secessionist and divisive rhetoric as well as .. foreign interference including Russia," Stoltenberg told reporters in Sarajevo, his first stop during a tour of the Western Balkans region. NATO has warned about risks for Bosnia from foreign interference, particularly from Russia, and agreed to help to shore up its ability to defend itself. Every country has the right to choose its security arrangements without foreign interference," Stoltenberg said after meeting the chairwoman of Bosnia's Council of Ministers, Borjana Kristo.

Persons: Jens Stoltenberg, Borjana Kristo, Amel, Milorad Dodik, Stoltenberg, Christian Schmidt, " Stoltenberg, Borjana, Daria Sito, Toby Chopra, Peter Graff Organizations: NATO, Bosnian, REUTERS, Rights, Representative, UN Security Council, Bosnia's, Ministers, Thomson Locations: Sarajevo, Bosnia, Herzegovina, Rights SARAJEVO, Serbia, Russia, Western Balkans, Yugoslavia, masse, EU, Ukraine, Balkans, Bosnian, Russian Bosnian Serbs

☆ Bosnia envoy revokes Bosnian Serb laws defying the state, peace deal
▼ + stars: | 2023-07-01 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +2 min

SARAJEVO, July 1 (Reuters) - Bosnia's international peace overseer, Christian Schmidt, on Saturday annulled two laws that Bosnian Serb parliament had adopted defying the constitution and the terms of a peace deal that ended the Balkan country's war in the 1990s. Schmidt, who as international High Representative in Bosnia has powers to impose laws and sack obstructive officials, also amended a law so that those seen as attacking the state institutions can be criminally prosecuted. "Recent decisions by the National Assembly of Republika Srpska directly violate the constitutional order of Bosnia-Herzegovina and the Dayton peace agreement," Schmidt told a news conference in Sarajevo. The Serbs say they do not recognise Schmidt, who was appointed in 2021, as the high representative because the U.N. Security Council did not endorse his appointment. The U.S. embassy welcomed Schmidt's decisions, agreeing that he was defending the Dayton peace deal and the constitution upholding the rule of law in Bosnia.

Persons: Christian Schmidt, Schmidt, Milorad Dodik, Dodik, Daria Sito, Louise Heavens Organizations: Bosnian Serb, Representative, National Assembly, Russian, . Security, United States, Thomson Locations: SARAJEVO, Bosnian, Bosnia, Republika Srpska, Herzegovina, Dayton, Sarajevo, Republic, Serb Republic, United States, United Kingdom, U.S

[1/2] The word Stock is seen on the facade of the New York Stock Exchange (NYSE) in New York City, U.S., May 30, 2023. REUTERS/Brendan McDermidFRANKFURT, May 31 (Reuters) - Germany's Schmid Group said on Wednesday it plans to list in New York via a special purpose acquisition company (SPAC), in a deal estimated to give the technology firm a valuation of $640 million. The fifth generation family-owned business, which specialises in electronics, would become a publicly-listed company on the New York Stock Exchange in the fourth quarter of this year. The transaction will be through blank-check company Pegasus Digital Mobility Acquisition Corp (PGSS.N) led by automotive veteran Ralf Speth, it said in a statement. "We have been considering this step for some time and see the NYSE and the U.S. capital markets as much more suitable for a technology company," CEO Christian Schmid told Reuters, regarding the location of the transaction.

Persons: Brendan McDermid FRANKFURT, Germany's Schmid, Ralf Speth, Christian Schmid, Schmid, StratCap, Speth, Emma, Victoria Farr, Madeline Chambers, Emelia Organizations: New York Stock Exchange, REUTERS, Pegasus Digital Mobility, Corp, NYSE, Reuters, Pegasus, BMW, Jaguar, Rover, Thomson Locations: New York City, U.S, New York, Freudenstadt, Germany's Black

☆ Bosnian Serbs celebrate holiday banned by court
▼ + stars: | 2023-01-09 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +3 min

[1/8] Members of Special police march during parade celebrations to mark their autonomous Serb Republic's national holiday, banned by the constitutional court, in East Sarajevo, Bosnia and Herzegovina, January 9, 2023. Fourteen war veterans' organisations filed criminal charges on Monday at a Sarajevo court against the Serb Republic leadership over violations of the constitutional court's ruling. Last week, Sarajevo war veterans announced protests against the holiday's celebration, but the police banned the gatherings saying it would step up their presence at the city borders. His role is not recognised by Serb Republic separatist President Milorad Dodik. Dodik, who addressed the parade and joined a ceremony in Banja Luka on Sunday, said no court would rule when Serbs celebrate their holidays, and said Serbs did not want to live in a multi-ethnic state.

☆ Leonteq shares hammered after FT report on unusual trading activity
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

The FT reported on Monday that whistleblowers have accused auditor EY of whitewashing suspicious trades, including money laundering and tax evasion in an investigation it conducted this year for Leonteq, a long-standing client. It said that investigations by Leonteq and EY found there "were no material shortcomings". At the core of the complaints reported by the FT are two trades that Leonteq created for French workers co-operative society ID Formation at the start of 2021. Since Friday's close, the shares have lost more than 24%, marking the biggest two-day drop since late 2016. "Publication of the EY report or an additional appraisal through an external auditor would provide urgently needed visibility.

☆ Bosnian Serb pro-Russian leader renews secession threat
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +3 min

BELGRADE, Oct 10 (Reuters) - Bosnian Serb separatist leader Milorad Dodik renewed his secession threat on Monday, a week after the general election in the ethnically-divided country showed his party remained dominant among the Serbs. Pro-Russian Dodik triggered the gravest political crisis in the postwar Bosnia last December when he tried to pull the Serb Republic out of key state institutions, such as judiciary, tax system and a joint armed forces. Under the Dayton peace agreement that ended its 1992-1995 war, Bosnia was split into two autonomous regions - the Serb Republic and the Federation shared by Croats and Bosniaks - linked by a weak national government. They held protests in the region's de facto capital Banja Luka, attended by thousands of supporters. read moreBosnia's election commission said it would look into all recount requests after final election results due in early November.

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