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...
Samarkand is hosting the 59th Annual Meeting of the Asian Development Bank (ADB), where global leaders have gathered to discuss regional growth, as the bank unveils a major $70 billion initiative to strengthen energy and digital connectivity across Asia and the Pacific.
A central announcement of the forum is a major programme led by the ADB to support cross-border energy integration and digital infrastructure development through to 2035.
The initiative will focus on linking regional power grids, expanding electricity trade between countries, and improving broadband access, particularly in remote and landlocked areas. According to officials, the programme aims to enhance economic integration, reduce energy costs and improve digital inclusion across the region.
ADB President Masato Kanda stated that energy and digital access will define the region’s future, with plans to connect 22,000 kilometres of power lines, integrate 20 gigawatts of renewable energy, and improve electricity access for 200 million people. The initiative is also expected to create hundreds of thousands of jobs and significantly reduce emissions.
Held under the theme “Crossroads of Progress”, the meeting in Samarkand brings together more than 4,000 delegates from more than 100 countries, including government officials, financial institutions and private-sector leaders.
Discussions are centred on green transformation, energy transition, digitalisation, food security and strengthening supply chains, all seen as critical to long-term economic resilience.
Major international institutions, including the World Bank, the International Monetary Fund and the Asian Infrastructure Investment Bank, are also taking part, highlighting the forum’s role as a key platform for global economic dialogue.
Uzbekistan has been a member of the ADB since 1995 and remains one of its largest partners, with a total project portfolio approaching $16 billion.
The country is hosting the annual meeting for the second time, underscoring its increasing role in regional cooperation and its ambitions to position itself as a key hub for connectivity and development across Central Asia.
The discussions in Samarkand are expected to shape future approaches to infrastructure, investment and regional integration, as countries seek to balance economic growth with sustainability and resilience.
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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