Syrian President al-Sharaa makes landmark Visa payment as country reconnects with global financial system
A restaurant payment with a Visa card in Damascus has become a symbol of Syria’s reconnection with the global financial system.
A restaurant payment with a Visa card in Damascus has become a symbol of Syria’s reconnection with the global financial system.
Pakistan is seeking to revive economic ties with Iran by reopening transport links and reassessing imports of discounted Iranian crude oil, as recent regional de-escalation raises hopes of broader economic cooperation.
Tajikistan has strengthened its position as one of Central Asia’s fastest-growing economies. According to the European Bank for Reconstruction and Development (EBRD), the trend is supported by investment activity, industrial expansion and large-scale infrastructure projects.
Senior officials from the United States and China met in Paris this week for a new round of trade talks, as the world’s two largest economies attempt to manage their economic rivalry and avoid further tensions.
China’s annual “Two Sessions” in Beijing have again drawn global attention, as lawmakers and advisers gather to set the country’s economic and social agenda. Premier Li Qiang presented the Government Work Report on 5 March, outlining recent progress and targets for 2026 and beyond.
The economic consequences of war rarely remain confined to the battlefield. They ripple through markets, supply chains and investor confidence. For Türkiye, at the crossroads of Europe, the Middle East and Eurasia, the economic shockwaves from the latest Middle East crisis are already being felt.
Türkiye and Serbia agreed to expand cooperation across defence, foreign policy and economic relations following talks between President Recep Tayyip Erdoğan and President Aleksandar Vučić in Ankara.
“I’m seeking immediate negotiations to once again discuss the acquisition of Greenland by the U.S.,” US President Donald Trump told the World Economic Forum. During his Wednesday (21 January) address, he once more cited national security concerns as the reason for wanting to own the Arctic island.
A recent agreement allowing the shipment of Azerbaijani petroleum products to Armenia has emerged as a significant development in relations between the two countries.
The United States and Kazakhstan have agreed a locomotive deal worth up to $4.2 billion that will see Wabtec Corporation supply 300 locomotives, U.S. Commerce Secretary Howard Lutnick announced on Monday.
U.S. consumer prices rose at their fastest pace in five months in June, signaling the early impact of tariffs on inflation. However, subdued demand and falling service prices may keep the Federal Reserve cautious about rate changes.
Azerbaijani PM Ali Asadov highlighted the country’s strong economic growth and investment potential at the 4th Tashkent International Investment Forum.
Syria is initiating economic reformation by reopening its economic markets, which have been through complete Paralysis for the past six months- considering it as the longest shutdown ever since the over-decade war and sanctions.
In May 2025, Türkiye’s annual inflation rate declined to 35.41%, down from 37.86% in April and falling short of the market forecast of 36.1%. This represents the lowest rate recorded since November 2021, as price increases slowed across almost all categories.
Japan has lost its decades long status as the global top creditor to Germany. A recent report suggests that a weakening yen, appreciating euro and American tariffs are responsible.
Afghanistan is ramping up its regional diplomatic efforts, aiming to bolster both economic and security ties across Asia.
Mark Carney and Claudia Sheinbaum discussed trade and investment ties on Tuesday, emphasizing the need to strengthen North American competitiveness while respecting national sovereignty.
Kazakhstan and Bulgaria expand trade and investment ties as bilateral trade surges, with KazMunayGas eyeing a Bulgarian refinery acquisition.
China urges local officials to provide financial relief to those in need ahead of major holidays, as economic challenges, including jobless graduates and weak demand, persist into 2025.
Azerbaijan welcomed 14,189 tourists from Central Asian countries in November 2024, a 10% increase compared to 12,951 during the same month last year, according to the State Tourism Agency of Azerbaijan.
Donor countries have pledged a record $100 billion three-year replenishment of the World Bank's fund for the poorest nations, providing a vital lifeline for their struggles against crushing debts, climate disasters, inflation and conflict.
Volkswagen, a key player in the global automotive industry, has finalized the sale of its manufacturing plant and testing facilities in Xinjiang, China, marking a significant shift in its operational strategy.
The European Bank for Reconstruction and Development (EBRD) has highlighted the need for Turkmenistan to diversify its gas export markets to ensure sustained economic growth.
The U.S. will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies including chip equipment maker Naura Technology Group 002371.SZ, among other moves, according to two people familiar with the matter.
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