View: Afghan refugees are contributors, not a burden
Iran’s renewed call for international burden sharing in hosting Afghan refugees has revived a familiar narrative - that refugees are an economic str...
Kazakhstan is boosting support for small and medium-sized enterprises (SMEs) to attract European investment and accelerate economic growth.
Kazakhstan is intensifying efforts to develop its SME sector through significant reforms, increased financing, and new trade incentives, aiming to attract more European investors. By 2027, the country plans to provide nearly €18 billion in state-backed guarantees and support for joint ventures, foreign entrepreneurs, and local manufacturers.
Over 11,000 SMEs currently operate under shared ownership models, with the DAMU Fund financing more than 1,600 foreign-led projects. European investors are tapping opportunities in key sectors like agribusiness, logistics, and IT. As Kazakhstan transitions from resource extraction to value-added industries, improved trade offices and legal frameworks offer European companies a more secure entry into this evolving market.
Ukraine has welcomed the European Union’s decision to provide €90 billion in support over the next two years, calling it a vital lifeline even as the bloc failed to reach agreement on using frozen Russian assets to finance the aid.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
Chinese Foreign Minister Wang Yi has held a phone conversation with his Venezuelan counterpart Yvan Gil at the latter’s request.
Belarusian President Alexander Lukashenko has confirmed that Russian-made Oreshnik missile systems have been deployed on Belarusian territory and placed on combat alert.
The European Union has postponed signing its long-awaited free trade agreement with the Mercosur bloc until January, after failing to secure sufficient backing from member states, according to media reports.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
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