News

Argentina’s President Javier Milei has claimed a landslide victory in Sunday’s midterm elections, strengthening his mandate to pursue radical economic reforms and deep spending cuts.

His party La Libertad Avanza secured nearly 41% of the vote, taking 13 of 24 Senate seats and 64 of 127 lower-house seats.

«We must consolidate the path of reform we have embarked upon to turn Argentina’s history around once and for all… to make Argentina great again,» Milei told cheering supporters in Buenos Aires.

Before the vote, his ally Donald Trump linked a $40 bn US financial lifeline to...

Kyrgyzstan has taken a major leap into the digital finance era with the launch of its national stablecoin, the KGST, and a pilot project for a digital version of the som. The twin initiatives mark a significant milestone in the country’s ambition to become Central Asia’s leading blockchain innovation centre.

KGST Stablecoin Debuts on BNB Chain

The KGST stablecoin, pegged 1:1 to the Kyrgyzstani som, has gone live on the BNB Chain. It represents one of the first government-backed blockchain initiatives in the region. The move was confirmed by Changpeng Zhao, former Binance CEO and now strategic advisor...

French authorities have arrested suspects linked to the audacious jewellery robbery at the Louvre, with one of them apprehended just as he was about to leave the country, the Paris prosecutor confirmed on October 26.

According to Le Parisien, two men in their thirties from Seine-Saint-Denis, a suburb of Paris known for its economic challenges, were detained on October 25 evening. Both men were already known to police, and one of them was intercepted at Charles de Gaulle Airport while preparing to board a flight to Algeria.

So far, there has been no indication that any of the stolen...

US Special Envoy Sergio Gor and Deputy Secretary of State Christopher Landau arrived in Tashkent on October 25. Their visit aims to strengthen cooperation in critical minerals, energy and regional initiatives under the C5+1 framework.

According to the US Embassy, discussions centred on opportunities to boost trade and investment between Uzbekistan and the United States. The visiting diplomats also held talks with local business representatives, exploring prospects for joint growth and a stronger strategic partnership.

As part of their trip, Gor and Landau travelled to Samarkand on 26 October, where they toured historic landmarks alongside Uzbekistan’s Foreign...

Lando Norris produced a flawless performance at the Autódromo Hermanos Rodríguez to claim a dominant victory at the Mexico City Grand Prix, his fourth win of the season, and move into the lead of the Formula 1 World Championship by a single point.

Starting from pole for the first time since July, the McLaren driver executed a perfect launch and controlled the race from start to finish, crossing the line well clear of Ferrari’s Charles Leclerc and Red Bull’s Max Verstappen after 71 laps of high drama and soaring temperatures.

«It was one of those days...

Artificial intelligence has become an integral part of the global mining and engineering sectors. According to ATK+ Consulting, the global AI market in industry and engineering is expected to grow nearly fivefold, reaching around $400 bn by 2030.

In Russia, the overall AI market is projected to increase by 20–30% by the end of 2025, reaching 1.9 trillion rubles (approximately $24 bn). Within the industrial sector, companies anticipate an 80% growth in AI adoption by 2030.

Analysts note that AI applications are shifting from experimental to practical use, helping optimize production, improve safety, and reduce costs across industrial operations.

Kyrgyzstan is getting ready to test its national blockchain platform. The pilot project will run for nine months. The announcement came from Farhat Iminov, head of the Secretariat for the Development of Virtual Assets and Blockchain Technologies under the President of the Kyrgyz Republic.

According to Iminov, the blockchain infrastructure is already complete. The next stage will test solutions for the country’s digital som (CBDC) and a national stablecoin.

He said the project also creates new opportunities through cooperation with the global crypto exchange Binance. Kyrgyz citizens will be able to open crypto wallets, buy and convert assets directly...

American pop star Katy Perry and former Canadian Prime Minister Justin Trudeau made their first confirmed public outing as a couple on October 25, 2025, in Paris. The pair were spotted holding hands and smiling as they left the cabaret venue Crazy Horse Paris during Perry’s 41st-birthday celebration. 

Their relationship had been the subject of speculation since July 2025, when they were seen together in Montreal and later photographed aboard a yacht off the California coast.

Perry had recently ended her engagement with actor Orlando Bloom, while Trudeau formally separated from his wife in 2023 after 18 years...

A portrait of Dora Maar, one of Pablo Picasso’s most famous muses, has been sold for €32 mln ($37 mln) at the Hôtel Drouot auction house in Paris, according to the Associated Press.

The painting, titled «Bust of a Woman in a Flowered Hat (Dora Maar)», was created in July 1943 during the German occupation of Paris. It remained in the possession of one French family for over 80 years and had never been publicly exhibited. Until recently, its existence was known only through a black-and-white photograph. The buyer, who attended the auction in person, has not been identified.

Auctioneer Christophe Lucien described...

German lifting equipment manufacturer Bocker Maschinenwerke GmbH has launched an ironic advertising campaign after one of its lifts was used in a recent jewel heist at the Louvre Museum in Paris.

The company’s new slogan,  «When you need to act fast again» («Wenn’s mal wieder schnell gehen muss» in German), appears alongside a photo of the Bocker Agilo lift, the same model allegedly used by thieves who stole jewelry worth around €88 mln.

The heist drew international attention when reports revealed that the burglars had entered the museum through a window using the Bocker lift and fled the scene on motorcycles in less than ten...

The European Union is preparing a new plan to cut its dependence on China for critical raw materials essential to key industries. European Commission President Ursula von der Leyen announced the initiative, called RESourceEU, on October 25 during a conference in Berlin.

Von der Leyen criticized China’s recent restrictions on the export of rare earth elements and battery materials, calling them a threat to Europe’s industrial stability. She said the EU will seek to secure alternative supply chains through stronger partnerships with countries including Australia, Canada, Chile, Greenland, Kazakhstan, Uzbekistan, and Ukraine.

The new strategy aims to ensure access to critical...

China Energy has agreed to invest $1 bn in the construction of two renewable energy facilities in Kazakhstan. The agreement was reached during a meeting between Kazakhstan’s Minister of Energy Erlan Akkenzhenov and China Energy President Qiao Xubin.

The projects include a 300 MW solar power plant in the Turkestan region and a 500 MW wind power plant in the Karaganda region. Both facilities are expected to contribute significantly to Kazakhstan’s renewable energy generation capacity and support the country’s transition to cleaner energy sources.

In addition to the power projects, the sides discussed cooperation with Kazakhtelecom on building a data processing...

Kyrgyzstan has ratified the Treaty on Eternal Good-Neighbourliness, Friendship and Cooperation with Kazakhstan, Tajikistan, Turkmenistan, Uzbekistan and China. President Sadyr Japarov signed the law approving the agreement.

Under the treaty, the participating states commit to strengthening regional cooperation, mutual respect, and peaceful coexistence. The agreement aims to promote stability, economic development, and dialogue among Central Asian countries and China.

According to the law, the Ministry of Foreign Affairs of Kyrgyzstan will notify the Ministry of Foreign Affairs of China, the treaty’s depository, once domestic procedures for its entry into force are completed.

The law will take effect ten days after its official publication, finalizing Kyrgyzstan’s...

Germany is sounding the alarm over a worsening drug crisis. Interior Minister Alexander Dobrindt, Federal Criminal Police Office (BKA) chief Holger Münch, and Federal Drug Commissioner Hendrik Streeck have warned that hard narcotics are spreading rapidly across the country.

At the presentation of two new reports on organised crime and drug trafficking, Dobrindt declared: «We have a massive drug problem in Germany.» He pointed to a clear trend towards stronger substances, noting that trade in ecstasy, crystal meth and cocaine rose by double-digit percentages in 2024. Over the past five years, cocaine-related offences alone have increased by nearly 45%.

Microsoft is set to make gaming history by releasing one of its most recognisable franchises on a rival console. For the first time, Halo — the legendary sci-fi shooter led by the armoured hero Master Chief — will arrive on Sony’s PlayStation 5 next year.

The upcoming release, titled Halo: Campaign Evolved, is a remake of the 2001 classic Halo: Combat Evolved. It will also be available on Xbox consoles, PC, and through Microsoft’s cloud streaming service for mobile devices and tablets.

The move marks a significant shift in Microsoft’s gaming strategy, signalling a departure from the long-standing tradition...

Uzbekistan is preparing to sign a series of agreements with Hong Kong aimed at promoting investment and strengthening economic ties, according to the Ministry of Investment, Industry and Trade.

On October 24, Deputy Minister Shokhrukh Gulyamov met with Alpha Lau, Head of Invest Hong Kong, the city’s investment promotion agency. The two sides discussed opportunities to expand bilateral trade and investment cooperation.

Key topics included the development of agreements on avoiding double taxation and ensuring mutual protection of investments. The parties also explored the possibility of launching direct flights between Tashkent and Hong Kong.

Discussions further touched on plans...

Dubai Taxi Company PJSC has announced plans to hire around 700 drivers from Uzbekistan. Representatives of Uzbekistan’s consulate in Dubai met with the company’s management to discuss employment terms and areas of cooperation.

According to company head Said Amin Abdulrahman, the first phase will involve recruiting 200 drivers, followed by an additional 500 at a later stage. During the meeting, both sides also discussed the candidate selection process, documentation procedures and compliance with labour regulations.

The Uzbek Consulate General noted that Uzbekistan already operates dedicated driver training programmes, which include language courses and lessons on transport ethics.

Following the...

The Government of Uzbekistan and the United Nations have signed the UN Sustainable Development Cooperation Framework for 2026–2030. The signing ceremony took place at the University of World Economy and Diplomacy in Tashkent.

The new Framework aims to advance human development, reduce inequality and ensure that everyone benefits from the nation’s progress. Over the next five years, it will guide the strategic work of 25 UN agencies, funds and programmes supporting Uzbekistan’s national development goals and priorities.

The Cooperation Framework outlines six main areas of collaboration: effective governance and justice, decent work and social protection, quality healthcare and well-being...

Uzbekistan will see the development of modern warehouse facilities through the creation of the first specialised investment funds in Central Asia. During the Central Asia Warehouse Summit (CAWS 2025) held in Almaty, IBC Global announced the launch of two major funds with a combined value exceeding $250 mln.

The first, Eurasian Warehouse REIT OEIC Ltd., is being established with the participation of TG Global (Tansar Capital Group). It aims to raise $75 mln, offering an expected return of 18–22% over an investment period of six years with a possible two-year extension. The fund will focus primarily on Kazakhstan (70%) and...

US Special Envoy for South and Central Asian Affairs Ambassador Sergio Gor and Deputy Secretary of State Christopher Landau have arrived in Tashkent to discuss trade and investment in critical minerals and energy, as well as regional cooperation under the C5+1 framework.

During their visit, the American diplomats are set to meet with senior government officials to explore a wide range of issues, including economic collaboration, regional security and the strengthening of bilateral relations between the two nations.

The United States reaffirmed its commitment to deepening partnerships across Central Asia and expressed its intention to expand trade and economic ties...

Imax has reported record third quarter results, driven by the box office success of F1: The Movie. The racing drama, which used Imax cameras to capture its high-speed action scenes and prominently featured the brand in its marketing, earned $97 mln globally on Imax screens, making it the company’s top-performing release of the year so far.

The strong performance was further supported by other summer and early autumn titles, including the anime hit Demon Slayer: Infinity Castle, horror films Weapons and The Conjuring: Last Rites. Imax’s revenue rose 17% year-on-year to $106.6 mln, while net income increased by...

Queen Sirikit, the mother of Thailand’s King Vajiralongkorn, has died at the age of 93.

According to the Thai Royal Household Bureau, she passed away peacefully at 21:21 local time (14:21 GMT) on Friday in a Bangkok hospital. The statement noted that the Queen had suffered from several health issues since being admitted in 2019, including a recent blood infection.

For more than sixty years, Queen Sirikit was married to King Bhumibol Adulyadej, Thailand’s longest-reigning monarch, who passed away in 2016. King Vajiralongkorn has instructed the Royal Household Bureau to organise a royal funeral, and her body will lie...

Uzbekistan has made significant progress in tackling air pollution. In 2024, it became the first country in Central Asia to align its national standards for harmful PM2.5 particles with the World Health Organization’s target indicators, according to the 2025 State of Global Air report.

The new permissible level of PM2.5 is now set at 35 micrograms per cubic metre — the minimum threshold recommended by the WHO for countries with high pollution levels. By comparison, nations with the cleanest air, such as Finland and Iceland, record average PM2.5 concentrations below 5 µg/m³.

To improve air quality control, Uzbekistan has...

Uzbekistan’s historic city of Samarkand will host the UNESCO General Assembly from October 30 to November 13, 2025, marking the first time in four decades that the event is held outside Paris.

The last session outside France took place in Sofia, Bulgaria, in 1985. Bringing the Assembly to Samarkand underscores both the city’s global cultural significance and Uzbekistan’s growing role in international cooperation on education, science, and culture.

Home to landmarks such as the Registan, Ulugbek Observatory, and Shahi-Zinda Mausoleum, Samarkand stands as a UNESCO World Heritage Site and a symbol of the Silk Road’s legacy of cultural exchange.