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President of Kazakhstan Kassym-Jomart Tokayev chaired the first OTS Central Banks Council meeting in Astana, calling for greater financial cooperation amid global economic shifts.
The first meeting of the Council of Central Banks of the Organization of Turkic States (OTS) was held in Astana, chaired by Kazakhstan's President Kassym-Jomart Tokayev.
In his opening remarks, Tokayev stressed the need to deepen cooperation among OTS countries amid global economic transformation driven by shifting trade policies. He noted that the region’s share of global GDP grew from 2.4% in 2010 to 3.1%, reflecting increased macroeconomic stability.
President Tokayev highlighted that financial cooperation could boost broader economic ties, with central banks playing a key role. He emphasized the importance of topics on the Council’s agenda, such as monetary policy, digital currencies, and fintech development.
Kazakhstan, he said, has led in this field, with cashless payments reaching 85% of all transactions and the successful launch of the region’s first central bank digital currency - the digital tenge. New regulations are expected soon to govern digital assets, including cryptocurrencies and tokenized instruments.
Heads of central banks from Azerbaijan, Kyrgyzstan, Türkiye, Uzbekistan, Hungary, and Kazakhstan also took part in the meeting.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
Israeli strikes hit the Yemeni capital Sanaa on Sunday in retaliation for Houthi missiles fired towards Israel. Houthi media said at least two people were killed and five injured.
Azerbaijan and Russia’s foreign ministers held a phone conversation on 23 August, focusing on bilateral cooperation and key regional security issues.
Hundreds of Israeli families and activists rallied outside the military headquarters in Tel Aviv on Saturday, demanding the release of hostages held by Hamas and an end to the ongoing Gaza conflict.
Syria will hold its first parliamentary elections under the new Islamist administration next month, but several provinces will be excluded due to ongoing security concerns.
Türkiye says it will send military experts to Syria, aimed at assessing defence needs and drawing up a joint plan for restructuring the Syrian Armed Forces.
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