live U.S. to impose measures 'never seen before' on Iran, Treasury secretary says
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
Uzbekistan is introducing a new national system to support startups as part of a broader drive to strengthen the digital economy and modernise public services.
The reforms come amid rapid growth of the country’s innovation sector. The value of Uzbekistan’s startup and venture ecosystem reached $3.9 billion in 2024–2025. The number of active startups has exceeded 750, supported by 15 venture funds with total capital of more than $180 million, positioning Uzbekistan as one of the fastest-growing startup ecosystems in Central Asia.
The government has set ambitious targets for the coming years. By 2030, Uzbekistan plans to increase the number of startups to 5,000, ensure that at least 200 local startups enter international markets, and raise total venture investment to $2 billion.
To reach these goals, a new four-stage support system will be introduced, based on international best practice. The system will accompany startups through all key phases of development: idea, development, launch and scaling, offering tailored support at each stage.
The package will include grants, tax incentives, co-financing mechanisms and compensation for export-related costs, aimed at lowering entry barriers for entrepreneurs and improving access to capital.
The startup reform is closely linked to the large-scale digital transformation of public services. The government plans to expand the number of digital public services to 900, significantly widening access to online procedures for citizens and businesses.
Key processes such as opening a business, issuing bank cards, obtaining SIM cards, as well as insurance and advertising services, are set to be fully digitised. Artificial intelligence (AI) is expected to be introduced in more than 50 public services to improve speed, transparency and efficiency.
Uzbekistan is also investing in the infrastructure needed to support the digital economy. A supercomputer has already been launched, while AI laboratories are planned to open in 15 universities across the country. These facilities are expected to boost research capacity, train specialists and support the development of domestic AI solutions.
Looking ahead to 2026, authorities plan further deployment of 5G technologies, wider coverage of high-speed internet across populated areas, and broader use of satellite communications. These measures are intended to reduce the digital divide and improve access to online services nationwide.
President Shavkat Mirziyoyev noted that digital technologies directly contribute to raising the competitiveness of the economy, improving the effectiveness of public administration and enhancing the quality of life, and instructed officials to ensure the practical implementation of the outlined tasks.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
The United Nations has urged sustained international engagement with Afghanistan five years into Taliban rule, warning that restrictions on women and terrorism concerns risk undermining gains from improved security.
Iran says the U.S. war and military presence in the region have worsened marine pollution around the Strait of Hormuz, calling for environmental protection to form part of future arrangements governing the strategic waterway.
Georgia could gain a direct electricity link to Europe under plans for a new overland energy corridor connecting Azerbaijan, Georgia, Türkiye and Bulgaria, potentially reshaping regional power flows.
Türkiye has unveiled plans for joint military exercises and defence production with Saudi Arabia and Pakistan under a new security pact that includes a collective defence clause.
Uzbekistan will allow eligible businesses to operate for up to three months without a licence or permit under a new regime aimed at cutting barriers to market entry and attracting investment.
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