Highest GDP within 12 years recorded in Kazakhstan

Astana. July 15. KazTAG – Kazakhstan has recorded the highest GDP in 12 years, said Serik Zhumangarin, Deputy Prime Minister of Kazakhstan. “We will increase this growth rate in the manufacturing sector. Each of the industry ministers will be...

Uzbekistan Sees Lasting Momentum In Tehran Economic Partnership FM

(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 15.​ The Tashkent-Tehran economic cooperation process may be kept in the spotlight, said Bakhtiyor Saidov, Uzbekistan's Foreign Minister, Trend reports. Speaking at a meeting with Iranian Foreign...

Trump to meet Putin in Alaska on Aug 15 in push for Ukraine peace

President Donald Trump said he will meet with Russian President Vladimir Putin next Friday in Alaska to discuss ending the war in Ukraine, a potential breakthrough after weeks of expressing frustration that more was not being done to quell the...

Short-term economic indicator in Kazakhstan increased by 9% in January-June

Indonesia and the United States reach trade deal

Today's headlines: execution of Indian Christian nurse in Yemen halted; Syrian army in Suweida in Druze areas, Israel bombs: death toll rises to 200; Japanese citizen sentenced to three and a half years in China for espionage; World's oldest...

Flyarystan's New Route Bridges Western Kazakhstan And Uzbek Capital

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, July 15. The Kazakh low-cost airline FlyArystan successfully operated its first flight on the new international route Atyrau – Tashkent – Atyrau today, Trend reports via FlyArystan. Flight FS7835...

Chinese efficiency boosts Central Asia infrastructure with region's first light rail in Kazakhstan

A light rail train is hoisted at Station 101 in Astana, the capital of Kazakhstan, on June 11, 2025. Photo: Courtesy of Yang Yongjiu Near the international airport in Astana, the capital of Kazakhstan, a light rail train, painted in the deep blue...

Trump Trade 2.0: Trump Releases Trade Letters for the EU and Mexico

On July 14, President Trump stated the U.S. has “barely started” with tariffs. This follows his announcements over the weekend on increased tariffs rates on Mexican and European imports. Tariffs on EU, Mexico Announced On July 12, President Trump...

EDB projects 10.3% GDP growth for Kyrgyzstan; inflation remains high in Uzbekistan and Kazakhstan 

Eurasian Development Bank (EDB) project that Kyrgyzstan's GDP will grow by 10.3% in 2025, driven by strong consumer demand supported by a sharp rise in remittances. The figures were published in the EDB’s latest Weekly Macro Review, which also...

MOL Group H1 2025: Significant Drop in Profit Before Tax

MOL Group announced its financial results for Q2 and H1 2025 on the website of the Budapest Stock Exchange. In the second quarter of the year, MOL Group delivered USD 236 mn profit before tax, marking a 56% decrease year-on-year. According to the...

Trump’s trade blitz continues with Indonesia deal, pharma tariff plans, and global warnings

President Donald Trump said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals. Trump...

Trump’s Tariffs May Hurt Kazakhstan’s Economy, Expert Warns

On July 7, U.S. President Donald Trump informed Kazakh President Kassym-Jomart Tokayev that Washington will impose a 25% tariff on goods from Kazakhstan, effective August 1, 2025. Tokayev responded on July 10, affirming Kazakhstan’s commitment to...

Trump’s Tariff War Explainer: Who Got The Letters? A Global Trade Map Without US? EU As New Partner?

Last Updated:July 15, 2025, 12:22 IST Trump’s trade war: A look at full list of countries that have received Trump's tariff letters. Decoding what EU's "you can count on Europe” could mean for global trade By suggesting to leave out both the US...

Yerevan has become more popular for business trips of Russians

NEWS » Economy » Yerevan has become more popular for business trips of Russians The capital of Armenia Yerevan has entered the top 10 foreign cities for summer business trips of Russian citizens, the OneTwoTrip for Business service reports....

4-day trade talks between India and US to start today

An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Photograph: Evelyn Hockstein/Reuters Chief negotiator of India and special secretary...

India, US to resume bilateral trade negotiations amid tariff concerns

An Indian delegation has reached Washington to hold a fresh round of talks on the Bilateral Trade Agreement (BTA) with the US, focusing on agriculture, automobiles, and tariffs. The four-day discussions are expected to shape a potential interim...

A year after 'revolution' can Bangladesh do a Tahrir Square?

Aditi Bhaduri August 5 marked the first anniversary of the uprisings in Bangladesh, in which Sheikh Hasina and her Awami League government were forced to end their reign. Often dubbed a revolution, in popular imagination, it is the overthrow of an...

Heightened Trade Tensions Weigh on Crude Oil Prices

Crude Oil pumpjack at sunset by Zbynek Burival via Unsplash August WTI crude oil (CLQ25) today is down -1.11 (-1.62%), and August RBOB gasoline (RBQ25) is down -0.0284 (-1.30%). Crude oil and gasoline prices today fell from 3-week highs and turned...

Impending US trade tariffs may upend optical industry stability

With letters having recently been sent from the White House to several US trading partners about tariff increases set to take effect on August 1, The Vision Council has noted “significant implications for the optical industry’s international...

Russia starts work on bordering nation’s first nuclear power plant

(MENAFN) Russian state nuclear company Rosatom has begun engineering surveys to select the site for Kazakhstan’s first nuclear power plant, marking a project deemed strategically vital for the country’s future. Despite Western attempts to exclude...