Kazakhstan, Turkmenistan discuss transport and energy cooperation

Kazakhstan, Turkmenistan discuss transport and energy cooperation

BAKU, Azerbaijan, July 1. The foreign ministers of Turkmenistan and Kazakhstan discussed expanding cooperation in transport, energy, and industry during talks in Ashgabat. This was reported by the Ministry of Foreign Affairs of Turkmenistan following a meeting between Foreign Minister Rashid Meredov and Kazakhstan’s Deputy Prime Minister and Foreign Minister Yermek Kosherbayev, who is on…

Read More
UNCTAD Warns of Lasting Impact from Hormuz Shipping Crisis

UNCTAD Warns of Lasting Impact from Hormuz Shipping Crisis

The reopening of the Strait of Hormuz has eased immediate concerns over global energy supplies. Still, the economic fallout from more than three months of shipping disruptions is likely to persist across vulnerable economies, particularly those dependent on imported oil and food, according to a new United Nations Conference on Trade and Development (UNCTAD) report…

Read More
Israel unveils NIS 1.6b. aid plan for hi tech exporters

Israel unveils NIS 1.6b. aid plan for hi tech exporters

Israel’s Finance Ministry launched a NIS 1.6 billion emergency package to support the country’s export and high-tech sectors on Tuesday as the shekel continues to strengthen sharply, a trend officials say is straining companies reliant on foreign revenue. The plan, drafted by a joint task force of the ministry and the Israel Innovation Authority (IIA),…

Read More
Strait of Hormuz Reopens, but UN Warns Global Economic Shock Is Far From Over – Sri Lanka Guardian

Strait of Hormuz Reopens, but UN Warns Global Economic Shock Is Far From Over – Sri Lanka Guardian

The reopening of the Strait of Hormuz marks a pivotal moment for global trade, bringing an end to more than 100 days of severe disruption that rattled energy markets, disrupted shipping routes and sent shockwaves through economies around the world. While the restoration of maritime traffic offers immediate relief for international commerce and energy supplies,…

Read More
Netanyahu Vows 100% Defense Readiness as Israel Signals Permanent Middle East Geopolitical Risks

Netanyahu Vows 100% Defense Readiness as Israel Signals Permanent Middle East Geopolitical Risks

Market snapshot: Prime Minister Benjamin Netanyahu’s latest declaration that ‘the war is never over’ marks a definitive shift toward a permanent state of high military readiness in the Middle East. This strategic pivot signals prolonged regional volatility, directly impacting global energy prices and defense supply chains. For India, this reinforces the criticality of strategic defense…

Read More
Nvidia’s gifts are distorting Israel’s economic data

Nvidia’s gifts are distorting Israel’s economic data

How is it possible that the Israeli economy has been at war for almost three years, many businesses are still struggling to return to full activity, private consumption is recovering slowly, only about one-tenth of employees work in high-tech — and yet growth keeps surprising on the upside, state tax revenues repeatedly beat forecasts, and…

Read More