India’s central bank cuts interest rates sharply
India’s central bank made a bigger-than-expected interest rate cut, lowering the repo rate by half a percent to 5.5%, the lowest level in three years.
Russia’s Rosatom has launched the production of key reactor equipment for Uzbekistan’s first small modular nuclear power plant, marking a major milestone in the bilateral energy project, Rosatom announced.
Rosatom has officially commenced manufacturing reactor components for Uzbekistan’s first small modular nuclear power plant (SMR), as part of a major energy cooperation initiative between the two countries. At the AEM-Spetsstal metallurgical plant - part of Rosatom’s Engineering Division - a 205-ton ingot of special alloy steel has been cast. This marks the beginning of production for the RITM-200N reactor pressure vessel flange, a central component of the SMR unit.
The casting of this ingot represents the practical start of reactor development, Rosatom emphasized during its presentation at the Power Uzbekistan 2025 international exhibition. The event was attended by top energy experts and representatives from key ministries and agencies of Uzbekistan.
Once the initial metallurgical processes are completed at AEM-Spetsstal, the ingot will be transferred to other facilities within Rosatom’s Engineering Division for assembly into the full reactor vessel.
“This step toward practical implementation of the SMR project in Uzbekistan highlights the strong international interest in small nuclear technologies and the trust our partners place in Rosatom’s solutions,” said Igor Kotov, Head of Rosatom’s Engineering Division. “Our companies have the experience and capabilities needed to produce RITM-series reactor units, which are already successfully operating in Russia’s icebreaker fleet. These competencies will now support the production of all six RITM-200N units for Uzbekistan’s SMR.”
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
Peace talks between Russia and Ukraine ended abruptly in Istanbul on Monday, lasting just over an hour amid mounting tensions following a major Ukrainian drone strike on Russian strategic bombers and renewed pressure from the U.S. for a breakthrough.
The first-ever high-level international conference on glacier melt has wrapped up in Dushanbe, bringing together more than 2,500 delegates from 80 countries.
Azerbaijan has unveiled plans to export renewable electricity to Türkiye through the Nakhchivan Autonomous Republic, with a projected capacity of up to 1 gigawatt.
Two Armenian teenagers who accidentally crossed into Azerbaijani territory have been safely returned, easing tensions after a brief border incident.
Global investors remained wary on Friday after a closely watched phone call between U.S. President Donald Trump and Chinese President Xi Jinping failed to deliver concrete progress on trade. Chinese markets reflected the cautious sentiment, with modest declines across key indices.
Uzbekistan secured a place at the FIFA World Cup for the first time in their history, earning a landmark qualification following a 0-0 draw with the United Arab Emirates in Abu Dhabi on Thursday.
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