World Bank approves $2-billion loan to Türkiye for Bosporus rail project
The World Bank has approved a $2 billion (€1.7 billion) loan to Türkiye for a new railway line across the Bosporus, the country’s Finance Ministry confirmed on Wednesday.
The World Bank has approved a $2 billion (€1.7 billion) loan to Türkiye for a new railway line across the Bosporus, the country’s Finance Ministry confirmed on Wednesday.
A senior U.S. official has arrived in Georgia, renewing attention on the country’s strategic infrastructure and its growing role as a regional transit hub.
A Russian drone attack damaged industrial, port, and energy infrastructure in Ukraine's southern Odesa region overnight. The strikes disrupted power supplies in several settlements, prompting local authorities to switch critical facilities to backup power generators.
The Georgian government plans to draw up a long-term strategic development plan extending through 2036, Georgian Prime Minister Irakli Kobakhidze said.
Russia has launched a series of attacks on Ukraine's railways since the summer, using long-range drones to target key points, but the network is still functioning, the state railway CEO of Ukrzaliznytsia told Reuters.
Armenian Parliamentary Speaker Alen Simonyan highlighted Azerbaijan’s desire to prevent future threats, while stressing the importance for Armenia to unblock communications and participate in the Zangezur Corridor project.
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