live WUF13 opening ceremony held in Baku as global forum advances sustainable urban development
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the of...
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
The agriculture ministry said 2,111 John Deere and Claas machines worked “non-stop” to bring in the crop, which was delivered to state granaries by Thursday. President Serdar Berdimuhamedov praised farmers, daikhan associations and private growers for a “brilliant labour victory” in a message published on Friday.
Procurement prices were raised last year to 2,000 manats per tonne (about $1,176 per tonne), a 25 % increase designed to improve farm margins and encourage investment. The government has also channelled funds into fertiliser plants, grain elevators and new irrigation works to curb losses in the desert republic, officials said.
A Scientific Research Institute of Grain Farming, launched in 2024, supplied three high-yield varieties—Serdar, Arkadag and Pyragy—that accounted for most of this season’s plantings. The ministry said the hybrids outperform older cultivars by “10-15 %” in arid conditions, although independent data were not provided.
Turkmenistan, which targets self-sufficiency in staple foods, imported roughly 100,000 tonnes of milling wheat last year, according to United Nations trade figures. Officials expect the latest harvest to cover domestic demand and leave a modest surplus for strategic reserves.
The government is also allocating land from a Special Fund to private producers, part of wider reforms aimed at diversifying an economy still dominated by natural-gas exports. Further policy measures will be outlined at a cabinet meeting later this month, state media reported.
Bulgaria has won the Eurovision Song Contest for the first time, taking victory in a final overshadowed by a boycott over Israel’s participation and the war in Gaza.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
U.S. President Donald Trump said on Monday he had paused a planned attack on Iran after appeals from the leaders of Qatar, Saudi Arabia and the United Arab Emirates, allowing negotiations to continue over a possible deal to end the conflict.
U.S. President Donald Trump says China's Xi Jinping agreed Iran must reopen the Strait of Hormuz, as Tehran prepares a new shipping mechanism. Tensions over the U.S. blockade and stalled nuclear talks continue to disrupt global oil supplies.
A 5.2 magnitude earthquake struck China’s Guangxi region early on Monday, killing two people and forcing more than 7,000 residents in Liuzhou to evacuate as rescue efforts continued.
Government bond markets from Tokyo to New York extended losses on Monday (18 May) as rising energy prices linked to the Middle East conflict heightened inflation concerns and reinforced expectations that major central banks could keep interest rates higher for longer.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
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