live Middle East conflict: Key developments on Wednesday as U.S. submarine sinks Iranian warship
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as ...
The forum features plenary sessions, industry-focused panel discussions, B2B meetings, and a large investment exhibition.
During the event, regional development directions, priority investment sectors, and major infrastructure projects have been discussed.
Notably, the BS/2 company is participating in the forum alongside its partner banks in Uzbekistan. The company is presenting advanced solutions in bank infrastructure automation, self-service network management, and digital financial services.
TIIF 2025 provides participants with unique opportunities to exchange experience in high technologies and finance, establish new business connections, and expand international partnerships. This forum will play a significant role in developing economic cooperation between Azerbaijan and Uzbekistan, as well as deepening regional economic integration. On June 11, Azerbaijani and Uzbek business leaders and government officials will discuss opportunities to deepen economic cooperation within the framework of the 4th International Investment Forum.
On the third day of the forum, a panel discussion titled "Azerbaijan–Uzbekistan: The Vector of Economic Cooperation" will be held. The discussions will focus on strengthening bilateral trade, implementing joint investment projects, and expanding cooperation in energy, transport, agriculture, industry, and digital technologies.
Additionally, regional coordination initiatives, particularly the Middle Corridor program, will be discussed. This program is an international transport route connecting China, Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, Turkey, and Europe. In October 2023, Azerbaijan, Georgia, and Kazakhstan agreed to establish a joint railway company — Middle Corridor Multimodal Ltd. — to improve the efficiency of transit operations along this route. By the end of 2024, the volume of cargo transported via the Trans-Caspian route increased by 62%, reaching 4.5 million tons, and is expected to rise to 10 million tons by 2027.
Important decisions regarding the expansion of cooperation in digital technologies, energy, transport, and other strategic sectors will be made at this forum, which will give new momentum to the region’s economic development.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
Shahid Motahari Sub-Speciality Hospital in northern Tehran and parts of the Golestan Palace were bombed on day two of the U.S.‑Israel strikes. AnewZ Touraj Shiralilou is in Iran's capital city and said that the facility was flattened in an airstrike.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
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