Central Asia’s fintech ambitions face test beyond Tashkent forum
Central Asia’s fintech ambitions are in the spotlight as a major forum in Tashkent draws to a close, shifting attention from the region&rsquo...
Turkish authorities have launched an investigation into a passenger bus crash in southwestern Türkiye that killed eight people and injured 33 others over the weekend.
The bus struck a roadside barrier and burst into flames in the early hours of Sunday in Denizli province.
On Monday, prosecutors and traffic police continued to investigate the incident in an effort to determine the cause of the crash, which occurred on the highway linking Denizli with the neighbouring province of Aydın.
The bus, which was travelling from the western city of İzmir to Antalya province in southern Türkiye, was carrying 38 passengers and three crew members.
Emergency personnel, including firefighters, police officers and medical teams, rushed to the scene.
Images from the aftermath showed the bus almost completely destroyed by the blaze, with only the burnt-out frame of the vehicle remaining.
Officials have yet to announce any preliminary findings or indicate whether factors such as driver fatigue, mechanical failure, road conditions or excessive speed contributed to the accident.
The bus driver and seven passengers, including a nine-month-old baby, were among those killed, local authorities said.
The victims' bodies have been transferred to the Denizli Forensic Medicine Institute for identification and post-mortem examinations, while the injured were taken to nearby hospitals for treatment.
According to state media, 17 of the injured have since been discharged, while 16 remain in hospital, including three in critical condition.
The accident occurred shortly after the Muslim festival of Eid al-Adha, when millions of people travel across the country to visit friends and family, leading to a sharp increase in road traffic.
Senior Turkish officials issued messages of condolence following the tragedy as investigators sought to establish the cause of one of Türkiye's deadliest road accidents during the holiday period.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Central Asia’s fintech ambitions are in the spotlight as a major forum in Tashkent draws to a close, shifting attention from the region’s potential to the investment, infrastructure and global reach needed to turn that vision into growth.
Iran and Oman discussed a phased plan for a temporary shipping corridor through the Strait of Hormuz during the Omani foreign minister’s visit to Tehran on Tuesday, as tensions remain high between Iran and the U.S. over the strategic waterway.
More than half of the Syrian city of Aleppo's ancient markets have now been rebuilt, over a decade after they were reduced to rubble during the early years of the Syrian civil war.
The UN has condemned the entry of Israeli forces into a UNRWA training centre in East Jerusalem, warning the move could disrupt vital education for young Palestinians.
Azerbaijan, Georgia and Kazakhstan are among 11 countries set to benefit from a $400 million Asian Development Bank investment aimed at cutting freight times and costs along key Central Asian transport corridors.
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