Economy- Page 19

Uzbekistan food processing and metals export facility Central Asia

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Uzbekistan is targeting $4.5 billion in processed food exports this year, rising to $10 billion by 2030, as parallel metals projects worth $4.2 billion aim to triple profits from the country's copper

July 10, 2026

by Economy Desk

Volkswagen workers on the production line at a German factory facing mass layoffs

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

Volkswagen's board met Thursday to vote on 100,000 job cuts and four German plant closures, the largest contraction in postwar German history. IG Metall and works council jointly called it an attack on Germany's social peace, with Lower Saxony's blocking

July 10, 2026

by Economy Desk

Gas station pump prices reflecting surging energy costs from the Iran war 2026 oil inventory crisis

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

The national average price of regular gasoline rose to $3.84 per gallon on Thursday, its first

Best savings account checklist: 10 factors to evaluate in 2026

Introduction Selecting the best savings account involves more than simply opening the first account that appears

Gold bars and bullion representing the spot gold market as prices fall below the 200-day moving average in June 2026

Gold Slides Below 200-Day Average as Blowout Jobs Report Kills Fed Rate-Cut Hopes

Spot gold tumbled to its lowest level since March after a blowout May jobs report sent Treasury yields surging and extinguished what remained of the market's rate-cut expectations. The breakdown below the

June 6, 2026

Business·Economy·News

Cargo containers stacked at an Italian port amid declining throughput in Q1 2026

Italy’s Ports Split as Hormuz Closure Rewrites Mediterranean Trade Routes

Container throughput at Italian ports fell 4.6 percent in the first quarter of 2026 as the Hormuz closure fractured Mediterranean trade along a sharp geographic fault line, with Trieste absorbing the worst

June 6, 2026

Business·Economy·News

SPIEF 2026 forum venue in St. Petersburg where Russia-Nepal hydropower cooperation was discussed

Russia Ready to Cooperate With Nepal on Hydropower and Fertilizers, Embassy Says

Russia's embassy in Kathmandu has signaled readiness to build an energy partnership with Nepal in hydropower and fertilizers, with RusHydro already prepared to offer engineering services — and Nepal's largest entrepreneur proposing

June 6, 2026

Business·Economy·News

Rosneft CEO Igor Sechin speaks at the SPIEF 2026 energy panel in St. Petersburg

Sechin at SPIEF: Russia Guarantees Oil Supplies to China and India Amid Global Energy Disruption

Rosneft CEO Igor Sechin declared at SPIEF 2026 that Russia cannot be excluded from global supply chains, guaranteeing stable crude deliveries to China and India even as Western sanctions and Hormuz disruptions

June 6, 2026

Business·Economy·News

Igor Sechin Rosneft CEO at SPIEF 2026 energy panel St. Petersburg

Sechin Says Hormuz Reopening Would Push Brent to $95–96 by Year-End, Then Drop to $80–85 in 2027

Rosneft CEO Igor Sechin told SPIEF on Saturday that reopening the Strait of Hormuz now would send Brent crude to $95–96 per barrel by year-end, but cautioned that a full return to

June 6, 2026

Business·Economy·News

Rosneft CEO Igor Sechin at the SPIEF 2026 energy panel discusses the Strait of Hormuz crisis and oil prices

Sechin Warns Oil Could Hit $250 If Russia’s 7 Million Barrels Are Pushed From Market

Rosneft CEO Igor Sechin told the SPIEF energy panel that attempts to eliminate Russian oil exports would add $100 to an already strained market, pushing global prices toward $250 to $260 per

June 6, 2026

Business·Economy·News

Neckarwestheim nuclear power plant Germany as last reactors shut down April 2023

AfD Lawmaker at SPIEF Calls German-Russian Nuclear Cooperation Logical

AfD Bundestag energy lawmaker Steffen Kotré, speaking on the sidelines of SPIEF 2026 in St. Petersburg, said cooperation with Russia in the nuclear sphere would be a natural consequence of Russian technological

June 6, 2026

Business·Economy·News

Delegates at the SPIEF 2026 closing session in St. Petersburg, Russia

SPIEF 2026 Closes With $89.57 Billion in Deals as 142 Nations Defy Sanctions to Do Business With Russia

Russia's flagship investment forum closed Saturday with 1,084 agreements totaling 6.64 trillion rubles — a marginal increase on both the 2024 and 2025 figures — signed under conditions of record Western sanctions

June 6, 2026

Business·Economy·News

Attendees at SPIEF 2026 St. Petersburg International Economic Forum energy panel

Energy Transition Faces a Metal Reckoning, Sechin Warns at SPIEF 2026

Rosneft CEO Igor Sechin told the SPIEF 2026 energy panel that metal consumption in electricity generation, electric transport, and power grids will require nearly 200 million additional tonnes by mid-century — a

June 6, 2026

Business·Economy·News

Japan-linked crude oil tanker near the Strait of Hormuz during the Iran crisis, 2026

Eneos Endeavor Docks at Negishi Refinery, Second Japanese Tanker to Clear Hormuz Since Iran War

The Eneos Endeavor, a supertanker managed by Japan's largest refiner, discharged the last of its 2.15 million barrels of Gulf crude at the Negishi refinery in Yokohama on Saturday — completing a

June 6, 2026

Business·Economy·News

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Economy- Page 19

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

Best savings account checklist: 10 factors to evaluate in 2026

Gold Slides Below 200-Day Average as Blowout Jobs Report Kills Fed Rate-Cut Hopes

Italy’s Ports Split as Hormuz Closure Rewrites Mediterranean Trade Routes

Russia Ready to Cooperate With Nepal on Hydropower and Fertilizers, Embassy Says

Sechin at SPIEF: Russia Guarantees Oil Supplies to China and India Amid Global Energy Disruption

Sechin Says Hormuz Reopening Would Push Brent to $95–96 by Year-End, Then Drop to $80–85 in 2027

Sechin Warns Oil Could Hit $250 If Russia’s 7 Million Barrels Are Pushed From Market

AfD Lawmaker at SPIEF Calls German-Russian Nuclear Cooperation Logical

SPIEF 2026 Closes With $89.57 Billion in Deals as 142 Nations Defy Sanctions to Do Business With Russia

Energy Transition Faces a Metal Reckoning, Sechin Warns at SPIEF 2026

Eneos Endeavor Docks at Negishi Refinery, Second Japanese Tanker to Clear Hormuz Since Iran War

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

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