Tariff fears cloud global factory outlook despite bright spots in Asia and Europe
Concerns over new U.S. tariffs under President Donald Trump are weighing on global manufacturing, though June data show signs of resilience in countri...
Uzbekistan is accelerating its efforts to join the World Trade Organization (WTO), with President Shavkat Mirziyoyev emphasizing swift progress on key negotiations and reforms to complete the accession process by 2026.
Uzbekistan, led by President Shavkat Mirziyoyev, is expediting WTO accession, aiming to finalize talks with nine countries by late 2025.The country has already held four Working Group meetings since 2023, addressing over 500 sector-specific issues and finalizing agreements with 24 out of 33 negotiating countries.
Uzbekistan has reformed its laws and revoked six state enterprises' exclusive rights to align with WTO standards and promote competition. President Mirziyoyev has emphasized the urgency of adopting additional regulatory acts in areas such as food safety, technical regulations, and sanitary standards, along with strengthening human resource capacity.
Uzbekistan’s commitment to WTO principles aligns with its goal to finalize membership by the 14th WTO Ministerial Conference in 2026. Experts predict WTO membership could significantly boost Uzbekistan's economy, increasing GDP by up to 17% over seven years and unlocking $6 billion in export potential.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Israeli forces intercepted a missile launched from Yemen on Monday, prompting temporary airspace closures and sirens across several regions, according to the IDF and local media.
Uzbekistan and Azerbaijan launched their first interparliamentary forum in Khiva on July 1, marking a new chapter in bilateral legislative cooperation between the two countries.
The D-8 Organization for Economic Cooperation will hold a Youth Forum in Baku this July, aiming to strengthen youth engagement in sustainable development.
An anonymous letter sent to Minval.az alleges that the Russian military ordered the strike on an AZAL flight downed near Grozny in December 2024, offering testimony, audio clips, and technical details that may aid ongoing investigations.
Armenian Foreign Minister Ararat Mirzoyan announced the successful conclusion of negotiations with the EU on a new Partnership Agenda following the official visit of EU High Representative for Foreign Affairs and Security Policy Kaja Kallas to Yerevan.
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