Uzbekistan has launched the feasibility study for the Tashkent — Samarkand railway line. Trains on this route will reach speeds of up to 300 km/h, greatly cutting down travel time.
The South Korean consortium K-Rail One Team, consisting of Korail, the National Railroad Agency, SamAn, and Dongmyeong Technology Corporation, has begun working on the feasibility study for the new railway route.
A representative of the K-Rail Consortium stated, “We will focus our efforts on expanding Korean railway technology to countries around the world.”
The Ministry of Transport has confirmed the signing of documents that pave the way for the project's practical implementation.
The feasibility study is funded by the Export-Import Bank of Korea’s Economic Development Cooperation Fund.
The feasibility study is expected to be completed by March 2026. As part of the project, specialists will analyze the route, assess passenger demand, and calculate the project’s economic viability.
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A series of new appointments and reassignments have been made within the Presidential Administration of the Republic of Uzbekistan, according to a statement by Presidential Press Secretary Sherzod Asadov.
Saida Mirziyoyeva, a daughter of the Uzbek leader and former Assistant to the President, has been appointed as Head of the Presidential Administration.
Azerbaijani PM Ali Asadov highlighted the country’s strong economic growth and investment potential at the 4th Tashkent International Investment Forum.
The forum features plenary sessions, industry-focused panel discussions, B2B meetings, and a large investment exhibition.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund have signed a memorandum of understanding to formalize a strategic partnership focused on advancing sustainable infrastructure in shared priority regions.
Tesla’s new car registrations plunged sharply in June, dropping 64.4% in Sweden and 61.6% in Denmark compared to last year, highlighting growing challenges for the U.S. electric vehicle maker in these Nordic markets.
More than $2.5 billion in new deals and commitments between the United States and African partners were announced at the 17th summit, underscoring the U.S. commitment to prioritizing trade over aid by engaging Africans as equal partners in investment-driven growth, the State Department announced.
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolitical tensions that have tempered safe-haven demand.
The French Riviera town of Cannes will restrict large cruise ships from docking starting from January 2026, as part of new efforts to manage over tourism and protect local infrastructure.
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