Sanctions-hit Russia delivers just one of 15 planned commercial jets in 2025
Russia’s aircraft industry has produced only one of 15 scheduled commercial jets this year, data shows, as sanctions, supply chain gaps and rising i...
Kyrgyzstan's GDP surged 11.7% year on year in the first half of 2025, driven by gains in services, construction and production, despite a decline in external trade.
Kyrgyzstan’s gross domestic product reached more than 8.1 billion U.S. dollars in the first six months of 2025, marking a robust 11.7% year-on-year growth, the National Statistics Committee reported on Tuesday.
The expansion was underpinned by a 15% rise in commodity production and a 10% increase in the service sector. Net taxes on products also contributed, growing by 11.4% over the same period.
Particularly strong gains were recorded in hotel and restaurant services, which soared by 49.1% year on year, signalling a rebound in tourism and domestic hospitality.
The construction sector also saw notable momentum, with output rising 42.5% compared to the first half of 2024.
Between January and June, wholesale and retail trade, including car and motorcycle repair services, climbed by 12.1%, while cargo transportation registered a 12.5% increase.
However, despite the domestic growth, Kyrgyzstan’s external trade showed signs of weakness. Trade in goods during the first five months of 2025 totalled 5.77 billion dollars, representing a 14.4% year-on-year decline, according to the committee.
The data reflects a continued divergence between strong internal economic activity and pressures on the country’s trade performance amid broader regional and global economic uncertainties.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
Russia’s aircraft industry has produced only one of 15 scheduled commercial jets this year, data shows, as sanctions, supply chain gaps and rising interest rates hinder domestic aviation ambitions.
President Donald Trump said Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan will join him at the White House on Friday for what he called an “Historic Peace Summit,” aimed at formally ending years of conflict.
The U.S. says it is too early to discuss details of any documents that may emerge from an upcoming Azerbaijan-U.S.-Armenia meeting.
On 7 August, President Ilham Aliyev of Azerbaijan met in Washington with Steve Witkoff, Special Envoy of the U.S. President. The two leaders witnessed the signing of a Memorandum of Cooperation between SOCAR and ExxonMobil.
The United States has proposed a comprehensive four-phase plan that calls for Hezbollah's full disarmament and the withdrawal of Israeli forces from five positions in southern Lebanon by the end of this year.
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