live Hopes for Hormuz deal fade as Trump adds new demands to Iran peace talks
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran see...
Kyrgyzstan has proposed hosting part of Russian e-commerce giant Wildberries’ warehouse and logistics network, aiming to reduce supply-chain risks and strengthen trade with Russia.
The proposal comes as a series of Ukrainian drone attacks has disrupted the company’s logistics infrastructure across Russia.
Temir Sariyev, president of the Kyrgyz Chamber of Commerce and Industry, put forward the proposal during a meeting of the Kyrgyz-Russian Business Council.
Sariyev suggested that Wildberries locate part of its warehouse network in Kyrgyzstan, arguing that distributing logistics capacity across several locations could reduce operational risks and make the company’s supply chain more resilient.
Sariyev identified several challenges currently affecting businesses trading between the two countries, including differences in product labelling and documentation requirements. He also pointed to delays at border crossings caused by sanitary inspections and long queues, which can be particularly problematic for perishable goods.
The proposal comes after a sustained series of attacks on Wildberries facilities in Russia. According to Reuters, at least 20 Wildberries sites have been targeted since 18 July.
The attacks have affected logistics facilities in more than 10 Russian regions, while more than 1.18 million square metres of warehouse space, representing more than one-fifth of the company’s reported capacity, have been damaged or destroyed.
The latest incident was reported on 11 August in Russia’s Voronezh region, where a Wildberries logistics facility was hit in a drone attack. One person was killed and two were injured, according to regional authorities.
The attacks have also affected businesses selling through Wildberries, with goods stored at damaged facilities lost and deliveries disrupted.
Wildberries has launched a voluntary compensation programme for affected sellers. The company initially targeted around 88,000 sellers in the first round of payments and later announced a second round covering around 97,000 entrepreneurs. As of 28 July, Wildberries said it had paid more than 40 million roubles to affected sellers.
Wildberries has also offered other forms of support, including discounts and payment deferrals for affected businesses.
For Kyrgyzstan, hosting part of Wildberries’ logistics network could provide an alternative storage and distribution base, while also helping local manufacturers who rely on the marketplace to reach Russian consumers.
The proposal comes amid disruption that has highlighted the risks of concentrating large volumes of inventory in a limited number of facilities.
Kyrgyz businesses using the platform have been among those affected by disruptions at warehouses in Russia. Sariyev’s proposal therefore links the immediate logistics problems facing Wildberries with Kyrgyzstan’s broader objective of strengthening trade infrastructure and increasing bilateral trade with Russia to $5 billion.
If implemented, additional warehouse capacity in Kyrgyzstan could give Wildberries another logistics base in Central Asia while providing Kyrgyz producers with a closer storage and distribution network.
One hundred years after the First World War and more than eighty years after the devastation of the Second World War gave rise to the United Nations, humanity once again finds itself living in an age of permanent crisis.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
For months, efforts to secure the Red Sea have focused on what is happening in the water. Naval deployments have increased, governments have expanded maritime cooperation and shipping companies have adapted to persistent security threats.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
North Korea has deployed troops, weapons and now, according to a Ukrainian intelligence official, a missile unit to support Russia's war against Ukraine, marking Pyongyang's most significant involvement in a war since the 1950s.
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran seeks compensation and sanctions relief before reopening the Strait of Hormuz.
A criminal court in Damascus has sentenced former Syrian President Bashar al-Assad to death in absentia for premeditated murder, torture, arbitrary detention and crimes against humanity, according to Syria’s state news agency SANA.
Russia’s state nuclear corporation Rosatom plans to increase its workforce at Iran’s Bushehr Nuclear Power Plant to 100 specialists by the autumn, depending on the security situation and progress toward a halt in hostilities between Washington and Tehran.
U.S. President Donald Trump has warned FIFA against replacing its president, Gianni Infantino, as the football governing body faces mounting pressure over a failed proposal to sell an interest in the World Cup to private equity investors.
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