Orban says Hungary to secure Russian oil for Serbia
Hungarian Prime Minister Viktor Orban said on Thursday (27 November) that his country will hold talks on Friday aimed at securing sufficient Russian c...
Azerbaijan boosts post-war reconstruction with AZN 4 billion for 2025. Key projects in Karabakh and Eastern Zangezur include infrastructure, energy, housing, and agriculture, supporting economic growth and the return of IDPs to liberated territories.
The Azerbaijani government has increased funding for post-war reconstruction and restoration in Karabakh and Eastern Zangezur, allocating AZN 4 billion (USD 2.35 billion) in the 2025 state budget, according to Caspian News.
Azer Amiraslanov, Chair of the Parliamentary Committee on Economic Policy, Industry, and Entrepreneurship, stated this investment aims to foster economic growth, diversify the economy, and boost employment.
Since liberation of the regions in 2020, Baku has spent AZN 17.5 billion (USD 10.3 billion) on reconstruction. Over 8,000 former internally displaced persons (IDPs) have returned, supported by significant government initiatives.
Reconstruction efforts include extensive mine clearance across 161,000 hectares and key infrastructure projects, such as airports in Fuzuli, Zangilan, and Lachin; strategic roads like the Victory Road and Zangezur Corridor; and railway lines including Horadiz-Aghband. Energy projects involve new power stations, solar and wind developments, and gas pipelines. Water infrastructure includes repairing reservoirs and constructing pipelines.
In the social sector, developments include the “Smart Village” in Zangilan, housing for IDPs, schools, hospitals, and socio-economic facilities. Modern agro-parks, industrial parks in Aghdam and Jabrayil, and improved internet connectivity support economic growth.
Damage from Armenian occupation is estimated at USD 819 billion, with USD 265 billion attributed to environmental harm, underscoring the scale of the reconstruction challenge.
massive fire that swept through the Wang Fuk Court housing complex in Hong Kong’s northern district of Tai Po has claimed 83 lives, with nearly 300 residents initially reported missing, authorities confirmed on Thursday.
A passenger aircraft from Polish carrier LOT veered off a taxiway at Lithuania's Vilnius airport after arriving from Warsaw on Wednesday, halting all traffic, the airport operator said.
At least 36 people have died in a fire that ravaged a residential apartment complex on Wednesday according to John Lee the chief executive of Hong Kong.
Netflix crashed on Wednesday for about an hour in the U.S. as it launched season five of "Stranger Things", with the service becoming inaccessible to many subscribers within minutes of the episodes going live at 8 p.m. local time.
Thousands of Bulgarians took to the streets of Sofia on Wednesday to protest against the government’s draft budget for 2026, the first to be prepared in euros ahead of the country’s planned eurozone entry on 1 January 2026.
On 27 November, Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Luca Beccari, San Marino’s Minister of Foreign Affairs, Political Affairs, International Economic Cooperation and Digital Transition, during an official visit to Italy.
Turkish construction giants Kalyon Insaat and Cengiz Insaat will take part in the modernisation and expansion of Damascus International Airport, a project also involving Qatari firm UCC, US-based Assets Investments, the Syrian Finance Ministry, and the Syrian Civil Aviation General Authority.
As the Trans-Caspian Transport Corridor (TCTC) gains renewed momentum, Central Asia and the European Union (EU) are working to turn long-standing connectivity ambitions into concrete trade routes, investment deals and infrastructure upgrades.
Pope Leo continued his visit to Türkiye in Istanbul on Thursday (27 November), following a round of meetings in Ankara. This marks his first trip outside Italy since being elected in May as the leader of the 1.4-billion-strong Catholic Church.
Acting U.S. Ambassador Alan Purcell met with Georgia’s Finance Minister Lasha Khutsishvili to discuss economic ties, sanctions, and Georgia’s potential role in the U.S. TRIPP regional initiative.According to the U.S. Embassy in Tbilisi, the discussion touched on Georgia’s economic development, U.S.
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