Russia's Lukoil says it plans to sell international assets due to Western sanctions
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imp...
The European Bank for Reconstruction and Development (EBRD) plans to invest another €1.1 billion in Uzbekistan this year, reinforcing its commitment to private sector growth and key infrastructure reforms.
The announcement was made during a meeting between President Shavkat Mirziyoyev and EBRD President Odile Renaud-Basso, ahead of the third session of the Foreign Investors Council. The EBRD reaffirmed its support for the successful implementation of Uzbekistan’s Partnership Strategy, particularly in the banking sector.
President Mirziyoyev outlined future collaboration priorities, such as upgrading the water supply system, boosting energy efficiency, expanding the mortgage market, enhancing infrastructure in free economic zones, and supporting small businesses and women entrepreneurs. He also emphasized stronger public–private partnerships in education and healthcare, and nurturing innovation through startup ecosystems focused on AI and digital transformation.
The two sides also discussed the strategic agenda for the upcoming Foreign Investors Council meeting, aiming to further deepen economic cooperation and attract foreign investment.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Uzbek President Shavkat Mirziyoyev has met with U.S. President Donald Trump’s Special Envoy for South and Central Asia, Sergio Gor, to discuss preparations for next week’s planned C5+1 Leaders’ Summit in Washington.
Moldovan President Maia Sandu has warned that Russia is recalibrating its political strategy following recent regional elections and intends to continue interfering in political processes across multiple countries, including Moldova and Armenia, Caliber.Az reported, citing Moldovan media.
Armenia’s foreign minister says the presidents of Azerbaijan and Türkiye have been verbally invited to attend the 8th European Political Community summit due in Yerevan next spring.
Iran's Minister of Road and Urban Development Farzaneh Sadegh has said that Iran and Russia are scheduled to sign a railway agreement next month in Moscow.
Armenian Foreign Minister Ararat Mirzoyan has dismissed debate over who benefits more from recent agreements with Azerbaijan, calling the talks a mutual gain.
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