Belarus tests new BUK missile system as a low-key arms race in Eastern Europe gathers momentum
CSTO states express serious concern over terrorist threat in Afghanistan
Armenia refuses to host Eurasian Economic Union summit
COMMENT: Trump 2.0 could be a blessing for Belarus
Did Russia shoot down the Azal passenger plane that crashed in Kazakhstan?
Plane crashes in Kazakhstan on Baku-Grozny flight with nearly 70 onboard
Russia sentences dual US-Russian citizen to 15 years on espionage charges
Sanctioned Russian cargo ship sinks in Mediterranean after explosion
Russia’s arms exports slump, Kremlin preparing for possible war with Nato
Ukraine invasion was ‘spontaneous’ and unplanned, Putin claims
Bulgaria’s interim PM Glavchev refuses to sign 10-year military support deal with Ukraine
Telia willing to sell its Latvian operations back to government if price is right
The EU Council calls for a European geothermal action plan
FDI in Emerging Europe hit by geopolitical uncertainty and German slowdown
IMF: The 2004 EU enlargement was a success story built on deep reform efforts
Czech National Bank keeps interest rates at 4%
Czech EPH signs agreement with Italian Enel to buy its stake in Slovenske Elektrarne
Hungary grants political asylum to fugitive former PiS minister
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Slovakia’s Fico in surprise visit to Putin in Moscow
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Albania imposes one-year TikTok ban
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BALKAN BLOG: What Grenell’s return means for US diplomacy in the Balkans
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Russia reaps harvest of chaos in nearby democracies
Croatian Bosqar Invest acquires bakery Mlinar in €100mn deal
TikTok says it has stepped up moderation ahead of Croatian presidential election
Kosovo bans main Serb party from running in general election
Kosovo's population down 12% since 2011
Kosovo’s president slams EU’s “unfair” treatment
Moldova's economy shrinks by 1.9% y/y in Q3
Bureks vs. Big Macs
Serbia faces backlash over controversial foreign agents bill
North Macedonia's central bank lowers key interest rate by 0.25 pp to 5.55%
North Macedonia’s ex-deputy PM Grubi reportedly flees to Kosovo to avoid detention in corruption case
Romania's ruling coalition survives elections
Romanian liberals orchestrated Georgescu campaign funding, investigation reveals
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Tens of thousands rally in Belgrade demanding accountability over Novi Sad railway station disaster
Turkey launches monetary easing cycle with 250bp rate cut
Turkey hikes minimum wage by 30% in line with financial market demands
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Turkey, Syria tandem could mean piped Qatari gas for Europe and a supercharged Middle East clean energy transition
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INTERVIEW: Asian Infrastructure Investment Bank financing Central Asia’s green future
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EBRD warns of risks for emerging markets pursuing industrial policies
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Azerbaijan’s Aliyev lines up with Russia and Trump, admits Georgia interference
PROFILE: Georgian President Salome Zourabichvili
World Bank approves $350mn as Tajikistan bids to fund completion of $6.3bn Rogun mega hydro project
Russia sells stakes in Kazakhstan uranium JVs to China
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Adylbek Kasymaliev appointed new chief of Kyrgyzstan’s cabinet ministers, predecessor dismissed amid tax corruption scandal
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HESS: Mongolia’s unique success story between rock and a hard place at risk
Mongolia copper-gold discovery hailed for “globally significant” prospects
Tajikistan: Officials announce discovery of major rare earth deposits
Tajikistan: Rogun Dam is a white elephant in the making – report
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COP29: Central Asian states losing arable land
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Russia's budget oil breakeven price world’s second lowest as oil revenues recover
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The hurricane season in 2024 was weird
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Nozomi Energy snaps up major solar portfolio in Japan
Fukushima's forgotten victims as Japan shifts back to nuclear power
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PODCAST: Emerging Global's Mathew Cohen talks with Ruthie Blum
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Israel launches biggest strike in Yemen, killing 40 people
TEHRAN BLOG: Pezeshkian's dilemma over Haniyeh's assassination
Iranian foreign ministry condemns Haniyeh's assassination in Tehran
Reactions to the killing of Haniyeh in Tehran
Argentina announces ambitious nuclear programme linked to AI development
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Geothermal energy poised for major global expansion, says IEA chief Fatih Birol
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Mexican cartel boss who created fearsome Zetas returns to face justice after US deportation
Paraguay stands firm with Taiwan amid growing Chinese pressure
Murder exposes secret prostitution ring in Peruvian Congress
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Bangladesh tribunal issues arrest warrant against ousted PM Sheikh Hasina
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Asia’s shipbuilding renaissance: record orders and rising prices
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Peru's APEC summit exposes trade tug-of-war between Beijing and Washington
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Russian exports of diamonds to Hong Kong up 18-fold in 5M24
Gazli Gas responds to reports on Uzbekistan project, refutes any suggestion sanctioned individuals are involved
Valuation questions raised over Blackstone's $2.1bn IPO of India’s International Gemmologist Institute
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Boldly brewing where no one has brewed before: Japanese sake to be made in space
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Malaysia’s industrial growth slows in October following mixed sector performance
Myanmar junta to allow observers for controversial 2025 election amid ongoing conflict
Nepal floods - death toll rises to 209
Kolkata hospital rape and murder case sparks international outcry, raises questions
South Asia hit by floods and landslides after heavy rainfall
Russian pivot to the Global South includes unscrupulous army recruiting practices
North Korea’s missile support to Russia raises alarms at UN
North Korean troops face heavy losses in Russia-Ukraine War as conflict intensifies
North Korean troops suffer casualties in Ukraine conflict
South Korea intensifies military drills to bolster defences against North Korean drone threat
Security personnel dead as Imran Khan’s supporters breach Islamabad lockdown
Pakistan could quit TAPI as India now “extremely lukewarm” on gas pipeline project, says report
Papua New Guinea tribal conflict leaves 30 dead amid gold mine dispute
South Korea's acting president rejects six controversial bills amid growing tensions
Korean won dips to crisis levels amid US rate cuts and market volatility
Sri Lanka’s merchandise exports in October up 18.22%
Taiwan boosts defence with advanced Abrams tanks amid rising Chinese tensions
Japan plans tax hike to fund $280bn military buildup
German Prosecutors Confirm Termination of Money Laundering Investigation Against Alisher Usmanov
Comments by President of the Russian Fertilizers Producers Association Andrey Guryev on bilateral meeting between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin
PhosAgro/UNESCO/IUPAC green chemistry research grants awarded for the 8th time to world's best young scientists
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Uzbekistan’s growth rate is forecast to weaken to 5.5% in 2024 from last year’s 6% and 2022’s 5.7%, according to the newly released April 2024 Asian Development Outlook report compiled by the Asian Development Bank (ADB).
The deceleration in growth will be especially noticeable in services and agriculture, as administered price increases limit a rise in real domestic demand, the report said.
In 2025, growth will rise slightly to 5.6% from a pickup in industry, it added.
“On the supply side, growth in services is anticipated to decelerate to 5.5% in both years [2024 and 2025] with cooling demand for food and accommodation, storage, and transportation services. Expansion in agriculture is projected slowing to 3.5% in both years because of expected shortages of water for irrigating cotton and wheat,” the report also observed.
It added: “Growth in construction is forecast to decelerate to 6.0% in both years, reflecting slower expansion in housing, local infrastructure, and upgrades to manufacturing plants. Rising external demand for food and textiles and domestic demand for mining and quarrying are projected to sustain industry growth at 6.0% in 2024 and raise it to 6.3% in 2025.”
The World Bank has to realise that the Rogun mega project “dream of the biggest dam [in the world] will turn into a nightmare for the people and nature in Tajikistan and beyond” and that it ... more
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to $10mn (€9.1mn) to TBC Bank Uzbekistan (TBC UZ) to ... more
Uzbekistan's government officials are talking about a new phase of governance, marked by transformative economic and social reforms. GDP has doubled over the past five years to surpass ... more
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