• East Asia

    Is Mongolia really facing an economic recession?

    The UB Post – Khaliun  Chimeddorj Minister of Finance B.Choijilsuren made a statement to the public to present information about the nation’s current socio-economic, budgetary, and financial conditions, after which, many people started asking if the country’s economic situation was truly in critical condition. MONGOLIA’S ECONOMIC GROWTH The Minister said…

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  • Central Asia

    Putin-Erdogan talks signal ‘restart process’

    The recent Erdogan-Putin talks, which were the first ever since the downing of a Russian jet by Turkey, mark a restart period in the two countries’ relations, says an Armenian expert in Turkish studies, Tert reports. At a news conference on August 10, Gevorg Petrosyan, the president of the research center…

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  • Central Asia

    Azerbaijan, Turkey and Russia to create trilateral co-op

    Azerbaijan, Turkey and Russia will create a trilateral format of cooperation, President of Turkey Recep Tayyip Erdogan said in St. Petersburg during a joint press conference with Russian President Vladimir Putin, Trend Agency reports. Baku hosted a trilateral summit of the presidents of Azerbaijan, Russia and Iran – Ilham Aliyev,…

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  • Central Asia

    Statement of the Ministry of Foreign Affairs of Georgia regarding the 8th anniversary of the August 2008 War

    7 August 2016 marks the 8th anniversary of Russia’s large-scale military intervention and aggression against Georgia. Since then Russia has continued illegal occupation of the regions of the sovereign and independent state in contradiction with the international law as well as the commitments of the 12 August 2008 Ceasefire Agreement. Eight…

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  • East Asia

    China, Russia to take counter-measures over THAAD deployment

    China and Russia will take counter-measures against the deployment of the Terminal High Altitude Area Defense (THAAD) in South Korea, read an editorial published in the People’s Daily on August 4. The decision of the US and South Korea to deploy THAAD will pose a threat to the strategic security…

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  • Central Asia

    Uzbekistan Airways reduces passenger transportation

    Trend News Agency reports that Uzbekistan National Airways (Ozbekiston Havo Yollari) carried 1.177 million passengers in January-June 2016. Uzbekistan Airways transported 1.235 passengers during the same period of 2015. Thus, the company reduced passenger traffic by 4.7 percent in January-June 2016 compared to the same period of 2015. In 1H2016,…

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  • Central Asia

    ISIS threatens to attack Russia in a new video

    In a new propaganda video, the terrorist group ISIS has threatened to carry out attacks in Russia by addressing the Russian president Vladimir Putin. “Listen Putin, we will come to Russia and will kill you at your homes,” a masked man driving a car in the desert yelled in a…

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  • East Asia

    The Female Mayors of Asian Countries

    Virginia Raggi has been selected as Rome’s first female mayor. Raggi, a lawyer with a three-year stint as a city councilwoman, took 67.2% of the vote and she promised to work to bring “legality and transparency” to Rome’s City Hall. According to researches, currently, fewer than 5% of the world’s…

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  • Central Asia

    Moscow, Ankara discuss construction of two lines of Turkish Stream

    Russia and Turkey are discussing the construction of two lines of the pipeline Turkish Stream, one of which is to supply gas to Europe, Energy Minister Alexander Novak said in an interview with Rossiya 24 TV channel on July 29, TASS reports. “Overall, we are currently talking about the construction of two lines. The second…

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  • Central Asia

    Turkey loses $209 mln 2016 due to food embargo

    Turkey lost $209 mln in the Q1 of 2016 due to the Russian food embargo on imports of certain food items imports to the country, Russia’s Economic Development Ministry said in its report for January – June 2016, TASS reports. “Import of goods prohibited from January 1, 2016, to enter…

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