Belarusian banks are taking a big step forward by adopting international financial reporting standards. This shift involves a careful look at how banks account for loans and conditional obligations. The main guidelines they're following are the International Financial Reporting Standards (IFRS) 9 an
Belarusian banks are making a big change by switching to international financial reporting standards, known as IFRS. This shift isn't easy, and one of the trickiest parts is figuring out how to handle loans and conditional obligations. These are rules set by the International Financial Reporting Sta
Belarusian President Alexander Lukashenko is in a tough spot. He's balancing his country's safety with Russia's influence. Belarus is right next to Russia, with Ukraine and three NATO countries nearby. Lukashenko let Russian forces use Belarus to attack Ukraine but kept his own troops out. He's worr
Belarusian President Alexander Lukashenko has a long history with Russian leader Vladimir Putin. They've known each other for years and meet frequently. Recently, at the Brics summit, Lukashenko was asked about claims that North Korea had sent troops to fight alongside Russia in Ukraine. He called i
