Sharm el-Sheikh prepares for COP27
Sharm el-Sheikh, a resort city on the Red Sea coast, will be transformed into a sustainable green city before it hosts the UN Climate Change Conference
Analysis
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After Europe and US inflation reaches Asia
Much of the world has been struggling to contain inflation, which has been running hot for many months. The average global inflation rate is now an alarming 7.4%
Armenian opposition scales back protests but promises to impeach PM
The opposition has dismantled a tent camp they set up six weeks ago, after the protests against the government’s policy on Nagorno-Karabakh failed to gain traction
Middle East: Why an Israel-led security pact is a paper tiger
Without trust and a shared security vision, any 'alliance' in the region will be ineffective
Why are they always looking for traitors in Armenia?
Mutual accusations have become one of the main elements of the political struggle in Armenia. Opponents call each other agents of foreign intelligence services, mainly Turkish, point to the short-sightedness and incompetence of the policy being …
How China can replace Russia in Central Asia
The recent meeting of foreign ministers of China and five Central Asian states in Kazakhstan’s capital of Nur-Sultan reflected Beijing’s desire to seek openings for new realignments with these states
Europe's plan to quit Russian fuel plunges Pakistan into darkness
Europe’s campaign to quit Russian fuel is designed to punish Moscow for its special operation in Ukraine
OPEC sees global oil demand growth slowing
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and act as a drag on the global economy
China accuses US of Asia's militarization
The U.S.-China relationship remains one categorized by deep mistrust despite Washington's attempts to reassure Beijing about the American military's renewed investment in the Pacific and growing ties with Taiwan
Renewed Israel-Lebanon maritime border dispute
US senior energy adviser and mediator Amos Hochstein will visit Beirut early next week to relaunch indirect maritime border negotiations, which had stalled over Lebanon’s claim that the map used by the United Nations in the talks …
Military cooperation with US makes Lithuania completely dependent from Washington
Lithuanian authorities’ disbelief in the national armed forces’ capabilities is proved by their repeated claims for aid and permanent foreign military presence in the territory of the country
Kyrgyzstan National Bank predicts 20% decline in remittances
Kyrgyzstan’s banking regulator has forecast that remittances from labor migrants in Russia may decline by 20 percent in 2022 compared to the year before
Ways Turkey intends to defeat inflation
Turkey's Treasury said on Friday fighting inflation remained its top priority after authorities announced fresh measures to shore up an economy beleaguered by surging prices and a sliding lira
Japan looks to Alaska to shore up energy supplies
The energy-rich U.S. state has attracted increased interest from Japan as Tokyo seeks to reduce imports of Russian oil and gas
European Central Bank to raise interest rates for first time since 2011
Base rate to rise by 0.25% and quantitative easing to stop in July after ECB warns about inflation
Azerbaijan develops sustainable energy
Azerbaijan has announced a partnership with UAE-based developer Masdar for 1 GW each of solar and onshore wind, with 2 GW on integrated offshore wind plus green hydrogen production – marking the first offshore wind in the Caspian Sea. …
China export boom fades
as buying shifts, cheap rivals gain
Ukrainian refugees put Europe under strain
European countries have opened up to a flood of refugees fleeing conflict in Ukraine, and more than three months later they face growing challenges in confronting the largest refugee crisis since World War II
Iran proposes single currency for SCO region
Iran has approached the Shanghai Cooperation Organization (SCO) with a proposal to create a new single currency for carrying out trade among the members of the Eurasian bloc that includes China, India and Russia
US Department of State reveals Armenian vandalism
The US Department of State has reported on Armenia’s vandalistic acts against the religious sites in Azerbaijani territories that were once occupied by Armenia
