Bulgaria celebrates joining the euro
Bulgaria marked its entry into the euro zone on Thursday with a display of euro coins on the front of the central bank in the capital, Sofia....
A high-level meeting of the water and energy ministers from Kazakhstan, Kyrgyzstan, and Uzbekistan recently took place in Tashkent to discuss the construction of the Kambarata Hydroelectric Power Plant (HPP-1). The project, located on the Naryn River, is set to become one of Central Asia's largest hydroelectric facilities.
Kazakhstan's Vice Minister of Energy, Sungat Yessimkhanov, emphasized that the 1,860 MW power plant will significantly enhance regional cooperation and strengthen friendly relations between the countries of Central Asia.
The project will see the three countries—Kyrgyzstan, Kazakhstan, and Uzbekistan—collaborate closely on the operation of the plant. According to agreements made during the meeting, Kyrgyzstan will hold a 34% share, while Kazakhstan and Uzbekistan will each have a 33% stake. Upon completion of the project, Kyrgyzstan will assume full ownership of the Kambarata HPP-1.
The Kambarata HPP-1 is a monumental project, with plans to construct a 256-meter high dam, a power station capable of generating 1,860 megawatts, and a reservoir with a capacity of 5.4 billion cubic meters. Once operational, the plant will produce approximately 5.6 billion kWh of electricity annually. The project is expected to be completed within 10 years.
The leaders of Kazakhstan, Kyrgyzstan, and Uzbekistan had previously signed a roadmap for the Kambarata HPP-1 project in January 2023, solidifying their commitment to the project and outlining key milestones.
Experts have raised concerns about the deteriorating water resources in the region, driven by drastic climate changes such as rising temperatures and decreasing precipitation. These changes are leading to lower water levels in rivers and reservoirs.
Analysts predict that by 2050, Central Asia’s population will reach 90 million, exacerbating water scarcity. The region is expected to face a 25-30% water shortage, while the demand for water for agricultural purposes may increase by 30% by 2030.
The Kambarata HPP-1 is seen as a key step in addressing some of these challenges, providing a significant boost to the region's energy security and mitigating some of the effects of water scarcity through renewable hydroelectric power.
The Russian radio station known as 'Doomsday Radio' (or UVB-76) unexpectedly began playing ‘Swan Lake’, music from a ballet composition. The last time this was done was during the deaths of Soviet-era leaders and the 1991 coup.
Dozens of people are feared dead and around 100 others injured after an explosion tore through a crowded bar during New Year’s Eve celebrations at the Swiss ski resort of Crans-Montana, authorities said.
Protests in Iran over soaring prices and a plunging rial have spread to universities in Tehran, as students join shopkeepers and bazaar merchants in demanding government action. With inflation above 42% and the rial at record lows, unrest continues to grow across the country.
As Russia’s war in Ukraine enters its fourth year, rising casualties, economic struggles, and mounting unrest expose cracks in society. Despite Kremlin propaganda, frustration is growing as more Russians question the government’s narrative, according to The Washington Post.
European leaders held talks on Ukraine after Russia said it would revise its negotiating position, citing an alleged Ukrainian drone attack that Kyiv has firmly denied.
Shusha, the historic jewel of Karabakh, is rising again—where geography, history, and modern innovation converge to shape a city reborn.
United Nations Secretary General Antonio Guterres condemned a move by Israel to ban electricity or water to facilities owned by the UN Palestinian refugee agency, a UN spokesperson said.
President Ilham Aliyev said Azerbaijan ended 2025 as a year of peace, security and stability, stressing that unity between the people and the government remained the main factor behind the country’s achievements.
Kazakhstan’s IT exports have reached $700 million, highlighting the accelerating development of the country’s digital economy and its growing integration into global technology markets.
Russia intends to fully implement all agreements reached between Russian President Vladimir Putin and Azerbaijani President Ilham Aliyev regarding the investigation into the plane crash involving the AZAL airline, Russian Deputy Foreign Minister Mikhail Galuzin old RIA Novosti.
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