Latest Updates

COMMENT: Embracing “Greater Central Asia” has become a strategic imperative for US

Wider region increasingly seen as arena in which major powers’ interests, such as in sourcing critical minerals, collide and converge.

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Jailed Istanbul mayor Imamoglu shares illustration of his cell

As regime launches new wave of detentions, Imamoglu mocks Turkish leader Erdogan over a lack of evidence.

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Iran and US hold third round of indirect talks in Muscat

The third round of indirect negotiations between Iran and the United States began in Muscat, continuing with Omani facilitation and delegations working from separate rooms

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Will quiet Sino-Russian stranglehold damn West’s moves to source more uranium from Kazakhstan?

Brief halt at Kazakh-Canadian producer sparks investor concern and suspicion over Moscow factor.

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Ukraine makes the US a counteroffer peace plan that starts with unconditional immediate ceasefire

Ukrainian President Volodymyr Zelenskiy has come back with a counterproposal to US President Donald Trump’s “final offer” to end the conflict in Ukraine that calls for a complete ceasefire before any other points can be discussed.

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Update: Explosion at Iran's largest port kills eight and injures over 750

A powerful explosion at Shahid Rajaee Port in Bandar Abbas, southern Iran, on April 26 has resulted in at least four fatalities and left over 500 people injured.

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Israel concerned that US could enable Iran nuclear capabilities with "bad deal"

Israel has expressed serious concerns that the United States is nearing a "bad deal" with Iran that may not fulfil Jerusalem's core requirements for preventing Tehran from acquiring nuclear weapons.

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Russian state takes over yet another e-commerce leader, online marketplace Avito

Russia’s state-owned Rosselkhozbank agricultural bank has acquired a 50% stake in Avito, the country’s largest classifieds platform, as part of a broader trend of strategic e-commerce acquisitions by the state.

Latest Updates

News

Unemployed engineers from northern Basra demonstrated today in front of the West Qurna 2 oil field operated by Russian company Lukoil on April 27.

Eric Adams was charged with accepting bribes from Turkish nationals in exchange for an illegal consulate permit.

Panama’s President José Raúl Mulino has signalled a shift in strategy for the future of the country’s largest copper operation, the Cobre Panamá mine, while rejecting any path that would require legislative approval for a new mining contract.

Russian-Uzbek businessman Alisher Usmanov has won another legal victory in his campaign to clear his name after German newspaper Münchner Merkur was ordered to retract a series of articles that formed the basis for investigations and sanctions.

Iran's Supreme Leader Ayatollah Ali Khamenei has stated cryptically the path of the Shiite Imams is "the path of steadfastness and resistance" and their teaching is "the lesson of logic and reasoning," likely about US talks.

Tech

Researchers in China have created the most advanced microprocessor yet made from a two-dimensional material, boasting 5931 transistors crafted from molybdenum disulfide—just three atoms thick.

Lace AI, which has developed AI-powered call centre technology for home services companies, posted 1,000% growth in 2024.

Bloggers and content creators will be held accountable for the accuracy and fairness of the ads they disseminate.

Private equity investor says tbi’s digital-first business model and customer-focused approach has created one of the leading and fastest growing challenger banks in the region.

Pursuing "launchpad" relations with local investors, accelerators and entrepreneurs.

Opinion

Will he need a lawyer? Perhaps not considering how the Erdogan administration routinely ignores supposedly weighty court rulings.

Capital markets are essential for driving economic activity, providing mechanisms for raising funds and allocating resources efficiently. The stability of these markets and the financial institutions that intermediate them are critical.

Global public debt is set to rise to 95% of GDP this year and will continue to climb in the next years to top 100%, says the IMF.

Azerbaijan has shifted its traditional foreign policy strategy by making inroads into regions far beyond the post-Soviet space, including the Balkans, Middle East, and more recently Sub-Saharan Africa.

A new global economic paradigm is taking shape as major economies pivot towards policies rooted in narrow national self-interest, a shift that political analysts at Oxford Economics believe will have lasting repercussions.

Data

Russia’s unemployment rate remained at a historic post-Soviet low of 2.4% in the first two months of 2025, according to Finance Minister Anton Siluanov, who credited job creation and rising incomes for the improvement in labour market conditions.

The board of the Central Bank of Russia (CBR) resolved to keep the key interest rate unchanged at 21% at the policy meeting of April 25, according to the press-release of the regulator.

The World Bank has sharply revised downward its economic growth projections for Romania, now expecting GDP to grow by just 1.3% in 2025 and 1.9% in 2026.

Slovak unemployment slightly dropped to 3.72% in March, down by 0.07 percentage point from February and by 0.16 pp from March 2024, while the number of unemployed persons was the lowest on record since 1993.

After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady yet underwhelming growth rates, the International Monetary Fund said in its latest World Economic Outlook.

Features

Just a decade ago, the idea of building a modern ski resort in Uzbekistan felt like wishful thinking. Its snow-capped mountains were admired for their beauty, but few imagined they could attract international tourists, athletes or investors.

Ukraine’s cement producers are confident they will be able to produce enough of the material to fully cover domestic demand during reconstruction.

After the killing of 26 tourists, tensions are boiling over between India and Pakistan. The perpetrators of the attack, The Resistance Front, is widely believed to have ties to the Pakistani state and military.

While the announcement came in 2019, formal actions commenced in 2021. A special committee was formed to deliberate, including a study trip to Kazakhstan - another country that had relocated its capital.

A plan to develop Montenegro’s Velika Plaza beach has become the latest battleground in a growing backlash against UAE-backed real estate deals across the Western Balkans.

Blogs

Under Mexico City's gentrified surface, the wounds of Tlatelolco and Ayotzinapa remain unhealed. After 11 years, the author finds a quieter nation with booming foreign investment, yet questions if democracy has truly triumphed over cartels.

There seems to be some confusion over where the Russo-Ukraine ceasefire talks are. Bottom line: Trump has done a deal with Putin, but needs Europe to cooperate to make it work. Brussels is unwilling, so Trump is turning the screws to make it happen.

CHP’s performance amounts to a circus show that the Erdogan regime is only too happy to live with.

The US intimidates certain countries. But America is just a paper tiger. Don’t believe its bluff. One poke and it’ll burst!

Albania has a realistic chance of joining the EU by the end of this decade.

bneGREEN

According to the latest report by the International Renewable Energy Agency (IRENA), an extraordinary 64% – nearly two-thirds – of all renewable energy capacity added globally in 2024 was installed in China.

Baku is accelerating its partnerships with major Chinese energy firms in developing large-scale renewable infrastructure, including offshore wind, floating solar and battery storage projects.

Germany’s incoming government has conditionally endorsed the European Union’s proposed 2040 climate goal and backed the EC's recommended 90% emissions reduction target but only if international carbon offsets and carbon removals are permitted.

This development occurred with limited state intervention. The government, however, played a crucial role in facilitating adoption by removing import tariffs, approving net metering policies and allowing market dynamics to lead the transition.

India has taken significant strides when it comes to reducing import dependency for solar modules and PV cells, which is a result of expanding domestic manufacturing capabilities.

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In this episode of the Emerging Global Podcast, Ruthie Blum, former advisor to the Office of Israeli Prime Minister Benjamin Netan....

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