Uzbekistan’s GDP exceeds $145 billion for the first time
The total value of goods and services produced in Uzbekistan has reached $145 billion this year, a historic milestone noted by President Shavkat Mirziyoyev.
Economy
Kobakhidze outlines plan to reduce food prices in Georgia
Prime Minister Irakli Kobakhidze has outlined the government's strategy to lower food prices, reaffirming his commitment to making essential goods more affordable.
Silver and platinum prices set new record highs
Exchange prices for silver and platinum have reached record levels, hitting $75 and $2,450 per ounce, respectively.
Russia commits $9 billion in financing for Türkiye's Akkuyu NPP
Rosatom has agreed to provide $9 billion in financing for the construction of Türkiye's first nuclear power plant (NPP), Akkuyu, as announced by the Turkish side.
Premium gasoline prices increase in Iran
Iran's Oil Minister has confirmed a rise in premium gasoline prices following the launch of a pilot sales project.
Media: Iran to resume gas supplies to Iraq by end of December
Gas exports from Iran to Iraq are scheduled to restart before the end of the year, following a suspension due to unforeseen issues.
Alexey Chepa: Georgia's rapprochement with CIS offers substantial benefits
Georgia's potential accession to the EAEU could be beneficial for Tbilisi, though implementation depends on national leadership positions, according to Russian parliamentary analysis.
Pashinyan: Armenia intends to sign a strategic agreement with Iran
Prime Minister Nikol Pashinyan has confirmed Armenia's plans to conclude a strategic partnership agreement with Iran, emphasizing the currently elevated bilateral relationship status.
Beijing to help Baku become regional logistics hub - Chinese envoy
China's Ambassador Extraordinary and Plenipotentiary to Azerbaijan Lu Me said China will continue its cooperation with Azerbaijan under the Belt and Road Initiative. Beijing is also ready to leverage its advantages in freight resources, technology, and capital to support Azerbaijan’s efforts to establish a regional transport and logistics hub.
Armenia extends restrictions on wheat exports
The Armenian government has extended the ban on exporting grain for six months, with the decision reached at the government's meeting.
Russia to increase oil production to 3.8 bln barrels per year
Russia's annual oil production will increase in the medium term to 540 million tons per year, or 3.8 billion barrels per year, or 10.35 million barrels per day, Russia's Deputy Prime Minister Alexander Novak said.
EU achieves positive trade balance with Russia for first time since 2002
For the first time in history, imports of European goods into Russia have exceeded Russian exports to the European Union, with Russia’s trade balance posting a deficit of 0.5 bln euro over the first nine months of 2025, according to Eurostat.
State Security Service to investigate food prices in Georgia
The issue was previously raised by Georgian Prime Minister Irakli Kobakhidze
Ruble among world's top 5 most profitable assets
This is due to a number of steps by the Ministry of Economy, as well as sanctions
Section of Kuban road repaired in Karachay-Cherkessia
The highway is part of Russia's major road network
Georgia to become world leader in economic growth by 2030, Vakhtang Tsintsadze says
The ministry noted that the country's economic policy is results-oriented
Russia to expand exports to Armenia via Azerbaijan
Russia is exploring options to expand the range of goods that can be supplied to Armenia via Azerbaijan, Russia’s Deputy Prime Minister Alexey Overchuk said.
Global gas consumption gain 25 bln cubic meters in 2025 - Gazprom
Gas consumption worldwide increased by 25 bln cubic meters year on year in 2025, Russia's gas major Gazprom said.
Azerbaijan to host 2nd meeting of OTS heads of government
The second meeting of the Heads of Government/Vice Presidents of the Organization of Turkic States member countries will be held in Baku next year, Azerbaijan's Prime Minister Ali Asadov said at the 2nd Azerbaijan-Türkiye Investment Forum being held in Baku.
Azerbaijan and Türkiye intend to increase trade turnover to $15bln
The 2nd Azerbaijan-Türkiye Investment Forum was held in Baku yesterday. Türkiye's Vice President Cevdet Yilmaz said bilateral trade between Türkiye and Azerbaijan reached $8 billion in 2024. He noted …
