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Venture capitalist Tim Draper believes the impact of Bitcoin’s halving cycles will diminish as broader macroeconomic trends take center stage—particularly the decline of the US dollar and rising global inflation.

In a recent interview with Cointelegraph, the Draper Associates founder said Bitcoin is increasingly viewed as an «escape valve» from government mismanagement, failing banks, and fiat currency devaluation.

«The world is changing,» Draper said. «We are right in the center of an anthropological leap forward.»

Draper predicts the US dollar could become extinct within 10 to 20 years, giving way to alternatives like...

Liverpool striker Darwin Nunez is now reportedly open to a summer move to the Saudi Pro League, following the collapse of his proposed transfer to Napoli, as reported by FootballTransfers.

The Uruguayan international had prioritised a switch to Antonio Conte’s side, but weeks of negotiations failed to produce a deal. Napoli ultimately refused to meet Liverpool’s €75 million asking price and instead signed Lorenzo Lucca from Udinese on loan, with a future fee agreement worth up to €40 mln.

With Napoli no longer an option, Nunez is now prepared to entertain offers from Saudi Arabia, according to TBR...

Jack Grealish’s Manchester City future remains uncertain, with the club open to selling the midfielder this summer, though a permanent exit appears unlikely at this stage.

The 29-year-old, who was left out of City’s final Premier League and Club World Cup squads, was made available for transfer early in the window. Despite placing a £40 mln price tag on the former £100 mln signing, interested clubs are hesitant due to his £300,000-a-week wages.

According to The Telegraph, West Ham, Napoli and Everton are monitoring the situation, though they may only move if the fee drops or a loan deal becomes...

Chelsea’s summer continues to gain momentum, both on and off the pitch. Fresh from their Club World Cup triumph, Enzo Maresca’s side is not slowing down in the transfer market, as reported by Football FunCast. After securing rising talents like Jamie Gittens, Joao Pedro and Liam Delap, and making a notable profit from Noni Madueke’s sale, the Blues are now eyeing a marquee signing to bolster their attacking options.

While reports earlier this week linked Chelsea with a move for Crystal Palace playmaker Eberechi Eze, the focus now appears to have shifted. According to journalist Ben Jacobs, Aston Villa’s...

A new wave of innovation is reshaping wind power as researchers and startups push forward with bladeless wind turbines (BWTs), a quieter, safer and more compact alternative to traditional windmills.

Engineers at the University of Glasgow recently identified an optimal design capable of producing up to 460 watts of power. Using computer simulations, they found that a cylindrical mast measuring 80 cm high and 65 cm wide offered the best balance between structural strength and power output. Their findings could help scale the technology for larger applications, potentially reaching 1 kilowatt or more.

Unlike traditional turbines, BWTs generate power...

Netflix (NFLX):
Netflix shares fell 1.7% in pre-market trading despite beating Q2 earnings expectations. Revenue rose 16% to $11.08bn, with profits up 46%. The company lifted its full-year forecast but warned of lower margins in H2 due to increased content and marketing spend. Investors appeared cautious, citing FX-driven growth and high valuations.

Uber (UBER):
Uber was flat pre-market after announcing a $300m partnership with Lucid and Nuro to deploy 20,000 autonomous robotaxis starting in 2026. The vehicles will be Lucid Gravity SUVs fitted with Nuro’s AV tech, launching in a major U.S. city next year.

BP (BP.L):
BP shares rose...

The Lokomotiv vs Dynamo clash on July 12, 2025 began quietly. By the middle of the second half, the home side was leading 1–0. But what happened after the 90th minute would be written into football mythology and meme history.

In 36 minutes of added time, Dynamo scored five goals, completing an impossible comeback. What started as an ordinary friendly became a global sensation.

A screenshot of the scoreboard with the caption «It’s the 90+16th minute, don’t do anything stupid» went viral on X (formerly Twitter), racking up millions of views. But football is full of such absurd, unforgettable...

Bukhara — a land of ancient history, fertile soil and hardworking people — once again affirms its deep-rooted commitment to Uzbekistan’s agricultural traditions. To mark the 34th anniversary of the country’s independence, the 28th Qovun Sayli (Melon Festival) officially opened in the region.

The traditional event brought together experienced farmers from across Bukhara region, each proudly presenting their finest melon varieties and other locally grown produce. Their harvests, the fruits of dedication and care for the land, symbolise both resilience and affection for the soil.

The festival opened with a welcome speech from Bukhara region governor Botir Zaripov, followed...

The Aral Sea National Park, under the Ministry of Ecology, Environmental Protection and Climate Change, continues to see a steady rise in the region’s fauna, both animals and birds.

This is largely the result of systematic, disciplined environmental protection efforts, the ministry notes. Regular inspections, scientific monitoring and preventive measures carried out by park inspectors and researchers have created a safe and stable environment for wildlife.

Particular attention is given to the winter season. To support wild animals and birds during the colder months, a range of biotechnical measures is implemented. These include the installation of feeding stations, construction...

Uzbekistan is actively working on a monumental project titled the Wall of Civilisations and Discoveries, which will form a central part of the Museum of Islamic Civilisation. Dedicated to the Second Renaissance, the artwork will be a nearly 52-metre panoramic mural of miniature paintings standing five metres high, including a one-metre decorative ganchcar ornament.

During a recent press tour attended by scholars, experts and media representatives, it was revealed that around 50 artists have been working non-stop on the wall for over two months. According to artist and Doctor of Philosophy in Art History Behzod Khozhimetov, the mural’s compositions...

A deal was signed between Uzbekistan’s Waste Management Agency and China’s Shanghai SUS Environment to jointly develop waste-to-energy projects using advanced technologies.

A major project will be launched in Samarkand region, where Shanghai SUS Environment will gradually establish a facility to generate electricity through thermal waste processing. On March 24 2025, the President of Uzbekistan signed a resolution, which outlines measures to develop investment projects in electricity generation from municipal solid waste incineration.

According to the resolution, the region will adopt modern technologies to produce electricity from waste, while also attracting direct investment to improve environmental outcomes.

Construction...

The organising committee for the Los Angeles 2028 Summer Olympics has unveiled the full competition schedule along with the designated venues for each sport.

While the official opening ceremony is set for July 14, several qualification rounds are due to begin two days earlier, on July 12. The opening ceremony will take place at a purpose-built stadium named Stadium 2028. Once the ceremony concludes, the venue will be converted into an aquatic centre to host swimming events throughout the following week.

First medals of the Games will be awarded on July 15, covering disciplines such as triathlon, athletics, canoe slalom...

A feature-length film capturing the final live performance of Ozzy Osbourne and the original members of Black Sabbath is slated for cinema release in early 2026, Variety reports. Titled Back to the Beginning: Ozzy’s Final Bow, the 100-minute documentary will chronicle the band’s emotional farewell concert held at Birmingham’s Villa Park, where they played to a sold-out crowd of 42,000 fans.

Produced by Mercury Studios, the film presents a condensed version of the day-long musical celebration. Described in promotional material as a heartfelt tribute to Ozzy and the groundbreaking legacy of Black Sabbath, it includes dynamic renditions of fan...

Chinese companies have significantly expanded their overseas presence in 2025, signing 176 new investment and construction contracts totaling $124 bn between January and June. This figure already surpasses the $122 bn recorded throughout the entire previous year, according to a joint report by Griffith University (Australia) and the Beijing Green Finance and Development Centre.

«The scale of China’s engagement this year is remarkable, especially in light of the steady post-pandemic recovery,» said report author Dr Christoph Nedopil. «What sets 2025 apart is the number of mega-deals signed simultaneously—each exceeding $10 bn.»

Nedopil noted that...

Banks have updated the rates for buying and selling currencies on July 19. This article contains information about the most favorable rates.

Here are Central Bank Reference Rates to exchange USD, EUR, GBP, CHF, JPY, or KZT into soums:

Several banks offer better buy rates to exchange USD, EUR, GBP, CHF, JPY, or KZT into soums:

Financial institutions may change the value of currencies throughout the...

Cities across Central Asia are experiencing rising temperatures, with forecasts suggesting the number of hot days could triple by mid-century, World Bank reports. By 2050, major cities in the region may face an additional 40 to 70 hot days annually, posing a serious threat to health, infrastructure and economic stability.

Over the past two decades, heat-related fatalities have already reached tens of thousands across Europe and Central Asia. This number is expected to double or even triple in many urban areas, placing it on par with fatalities caused by road accidents. Older adults and lower-income communities will be among...

The first freight train from Hubei Province to follow the China–Kyrgyzstan–Uzbekistan multimodal route set off from the Ujiashan station in Wuhan, Central China on July 16. The route combines rail and road transportation across international borders, People’s Daily Online reports.

Train No. 75179, loaded with food-grade containers and other goods, is expected to arrive in Kashgar, located in northwest China’s Xinjiang Uygur Autonomous Region. From there, containers will be transferred to road transport and exit China via the Irkeshtam border crossing, continuing on to their final destination in Tashkent, the capital of Uzbekistan.

Trade between Hubei and Central Asian...

As of July 1 2025, there are 16,685 enterprises with foreign investment operating in Uzbekistan, National Statistics Committee reports.

Of these, 4,124 are joint ventures while 12,561 are fully foreign-owned enterprises. This reflects a 20.2% increase compared to the same period last year.

The number of foreign-invested enterprises by country of origin is as follows:

From January to July 2025, Uzbekistan witnessed a consistent rise in the number...

The real estate market in Uzbekistan continues to show resilience amid rising transaction volumes and property prices across the regions. Demand for secondary housing remains relatively strong on a year-on-year basis in most parts of the country. CERR has published an analysis of changes in Uzbekistan’s real estate market.

In the first half of 2025, the number of housing sales increased by 10.6% compared to the same period last year, reaching 136,500 transactions.

In June alone, 21,000 property purchase and sale deals were registered, 3.7% more than in the same month of the previous year.

Regional overview

The...

A new transport route could connect Central Asia with Europe. The project is called the Zangezur Corridor. It may become reality if Donald Trump’s latest plan goes ahead. This announcement comes from POLITIK Central Asia.

The idea is bold. But it’s not the first time Trump proposed something ambitious. Past ideas like buying Greenland or taking over the Panama Canal never came to life.

A railway through Armenia

The Zangezur Corridor would link mainland Azerbaijan to Nakhchivan. The railway would cross Armenian territory, then connect to Turkey and Iran.

That means one short rail section could join up networks across the region. It could even become part of...

The government of Tajikistan has approved a draft agreement on electricity supplies from the Rogun Hydropower Plant to Uzbekistan. The text of the document was published on the Adlia website.

Electricity purchases will be handled by Uzenergotsotish. The price per kilowatt hour, including VAT, is set at 3.4 cents. From the second year of supply, the price will be indexed by 1% annually. In addition, the Tajik energy company Barki Tojik intends to supply electricity to Uzbekistan.

The agreement between Tashkent and Dushanbe is set to last for 20 years, with the option to extend it in ten-year increments...

Uzbekistan and Turkmenistan are deepening their partnership through multilateral platforms. On July 17, Turkmenistan’s Deputy Foreign Minister Myahri Byashimova met with Uzbekistan’s Ambassador to Turkmenistan Ravshanbek Alimov to review bilateral and regional cooperation, the Turkmen MFA reported.

The talks focused on expanding collaboration in politics, trade, the economy, and cultural-humanitarian areas.

A key point of discussion was Uzbekistan’s upcoming participation in the Third UN Conference on Landlocked Developing Countries (LLDC3). The event will take place in Avaza, Turkmenistan, in August 2025. Both sides emphasized the importance of coordinated efforts through the UN and other international platforms to address shared regional challenges.

The diplomats...

Uzbekistan will import 100,000 head of small livestock from Mongolia between 2025 and 2026. The initiative, outlined in a presidential decree, aims to grow the total population of sheep and goats to 1 mln by 2029 through selective breeding in local conditions.

State Subsidies for Livestock Imports

From August 1, 2025 to December 31, 2027, local businesses importing Mongolian livestock will benefit from significant state support:

Soft Loans for Livestock Projects

Entrepreneurs in the livestock sector can access international credit lines under favourable terms:

Murad Nazarov, founder of Murad Buildings, has proposed a review of Uzbekistan’s current moratorium on tree cutting. Speaking at a meeting held on July 17 with the participation of the Chamber of Commerce and Industry, the entrepreneur addressed the unintended consequences of the ban in the construction sector.

Nazarov pointed out that despite the existing ban, trees are often damaged by construction equipment. «Trees, of course, get in the way. One way or another, they are still cut down. The moratorium was introduced in response to a public outcry after trees were cut recklessly in...