Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
China will allow citizens of Brazil, Argentina, Chile, Peru, and Uruguay to enter visa-free for one year starting June 1, aiming to strengthen ties with Latin America. The move follows a forum where President Xi pledged $9 billion in credit and new investments in the region.
China is expanding its visa-free policy to include nationals from Brazil, Argentina, Chile, Peru, and Uruguay, aligning some of Latin America’s largest economies with many European and Asian countries that already benefit from similar privileges.
The year-long visa waiver will begin on June 1, Chinese Foreign Ministry spokesperson Lin Jian announced on Thursday during a regular press briefing.
Brazil, Argentina, and Chile - all among Latin America’s top five economies - will now enjoy simplified travel access to China, joining the ranks of most European nations as well as regional neighbors like Japan and South Korea, which were granted visa-free entry last year.
The move follows a high-level forum held earlier this week in Beijing between China and officials from Latin America and the Caribbean, where President Xi Jinping pledged to enhance China's engagement in the region through a $9 billion credit line and expanded infrastructure investment.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
The U.S. has made its visa bond programme permanent for citizens of 50 countries, requiring some business and tourist visa applicants to pay refundable deposits of up to $20,000. Several Central Asian countries remain on the list, but Uzbekistan is not.
Kazakhstan is set to become the first country in Central Asia to introduce electric vertical takeoff and landing (eVTOL) air taxis into its transport system.
The wreckage of a Pan American Airways passenger plane that crashed in 1952 has been located on the floor of the Atlantic Ocean after a seven-year investigation led by the Air/Sea Heritage Foundation in partnership with the Discovery Channel, according to a recent press release.
Afghanistan and Türkiye are considering a tourism agreement to promote historic and religious sites, ease travel and train tourism workers, Afghan authorities said after talks in Kabul on Monday.
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