Russia seizes assets worth $50 BN in three-year ‘fortress’ push
Russia has confiscated 3.9 trillion roubles (about $50 billion) in company assets since 2022, signalling a decisive shift towards a 'fortress Russia' ...
The World Bank has approved $35 million in concessional credit to help Uzbekistan improve access to geospatial data and support urban development.
The World Bank’s Board of Executive Directors has approved a $35 million concessional credit to support Uzbekistan in strengthening its National Spatial Data Infrastructure (NSDI), which is crucial for managing the country’s rapid urbanization. The government will contribute an additional $5.7 million to the project.
Over half of Uzbekistan’s population now lives in urban areas, increasing pressure on land, infrastructure, and public services. However, the lack of reliable, detailed geospatial data limits effective planning, deters private investment, and weakens public service delivery.
To address these gaps, the project will support NSDI development through improved data collection, management, and sharing systems. It includes the creation of a national geoportal, three data centers, a national address registry, and the modernization of the land information system (UzKAD).
Regional upgrades will include 80 new GPS-based CORS stations, modern mapping tools, and a 3D city model pilot in Samarkand to help manage growth and climate risks.
“This project will improve data sharing, cadastral mapping, and infrastructure planning, helping to boost investor confidence and support sustainable development,” said Tatiana Proskuryakova, World Bank Director for Central Asia.
The initiative, to be implemented from 2025 to 2030 by the Cadastre Agency under the Ministry of Economy and Finance, aims to enhance transparency, facilitate private sector growth, and support better urban planning across Uzbekistan.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against Russia nears approval.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Energy integration between Azerbaijan and Europe, along with opportunities to increase gas supplies was discussed during Energy Minister Parviz Shahbazov’s visit to Slovenia, at the invitation of Minister of Environment, Climate and Energy Bojan Kumer.
Türkiye’s foreign and defence ministers will travel to Pakistan on Wednesday to meet Prime Minister Shehbaz Sharif for talks on bilateral relations and defence cooperation, a Turkish diplomatic source said.
Kazakhstan will seek to protect its national interests in talks with the United States after receiving notice of new import tariffs due to take effect from 1 August, its trade ministry said on Tuesday.
Another Russian Transport Ministry official has died on Monday. Andrey Korneichuk, 42, who worked for the Federal Agency for Rail Transport, passed away amid news about the alleged suicide of former Russian Transport Minister Roman Starovoit.
Kyrgyzstan and Tajikistan have signed 13 agreements during President Sadyr Japarov’s visit to Dushanbe, marking a new chapter in bilateral ties following the resolution of a decades-long border dispute.
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