Turkmenistan Financial News

Darvaza Gas Crater in Turkmenistan is a perfect example of that. More than 50 years ago, a Soviet exploratory team drilling for natural gas created this immense fiery pit, which has since become one of the country's most captivating sights, according to a report published by CNN.

Azerbaijan Airlines this week may have been caused by a Russian anti-aircraft missile.

Iraq has begun its first nationwide population census in decades in a step aimed at modernizing data collection and planning in a country long impacted by conflict and political divisions

Uzbekistan & Turkmenistan express interest to join International North South Transport Corridor (INSTC) to trade with India as the viable route to the Indian Ocean Region ahead of the BRICS Summit in Kazan that would among other matters lay emphasis on inclusive connectivity corridors. Uzbekistan in particular is keen to harness the full potential of INSTC as well as the Chabahar Port in the backdrop of the Bilateral Investment Treaty (BIT) signed in Tashkent on Friday during the visit of Finance Minister Nirmala Sitharaman. Uzbekistan has sent its first cargo to India via INSTC recently. “The BIT between India and Uzbekistan assures appropriate protection to Uzbekistan investors in India and Indian investors in Uzbekistan, in light of relevant international precedents and practices. It will increase the comfort level and boost the confidence of investors by assuring a minimum standard of treatment and non-discrimination, while providing for an independent forum for dispute settlement through arbitration,” according to a statement issued by the Indian government.

improvised explosive device, targeting a convoy of foreign diplomats, killed a policeman and injured three others in Pakistan's restive northwestern Khyber Pakhtunkhwa province on Sunday. The blast triggered through a remote hit the convoy that was travelling to the scenic mountainous Malam Jabba in Swat district from Islamabad. A senior police officer said that all the diplomats were safe. The convoy included diplomats from Russia, Vietnam, Bosnia and Herzegovina, Ethiopia, Rwanda, Zimbabwe, Indonesia, Uzbekistan, Turkmenistan, Kazakhstan and Portugal.

A Swiss criminal court has convicted two top managers of a Saudi oil company facing charges including fraud and money laundering in a scam that swiped at least $1.8 billion from a Malaysian state-owned investment fund

Air transport is the only one direct option, but is useful only for expensive or perishable goods. The bulk of goods are delivered via Suez and Black Sea ports (Novorossiysk or others). As a result, the cargo travels triple the distance and several overloads along the route. High transport and logistics costs hinder the competitiveness of goods and the volume of mutual trade. Until now, the volume of mutual trade between India, Russia and Central Asia has been not so large (for example, $3.2 billion between India and five Central Asian countries in 2022). The obstacle is over huge delivery distances through the ports of the Black Sea or the Far East (7-10 thousand km).

Mint examines this question and more. The Shanghai Cooperation Organisation (SCO) was formed in 2001. It evolved from an earlier avatar known as the Shanghai Five, comprising Russia, Kazakhstan, Kyrgyzstan, Tajikistan and China.

Turkmenistan and Iran have signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship to Iraq

Turkmenistan and Iran on Wednesday signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship on to Iraq. The deal was announced by Turkmenistan's foreign ministry, which did not state the monetary worth of the contract. The ministry's statement said Iranian companies will construct a new 125-kilometer (77-mile) pipeline to Iran to expand Turkmenistan's delivery capacity. The ministry said Turkmenistan plans to increase its gas supplies to Iran to 40 billion cubic meters a year.

Russia has sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to Russia’s national railway company. A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mumbai in India. The corridor is part of Russia’s push to find new transport routes in light of Western sanctions, which have forced it to shift trade flows from Europe to Asia and the Middle East, RT has reported. “For the first time, two trains with Kuzbass coal headed to India along the International North-South Transport Corridor. The trains set off from the Kemerovo region. They followed along the eastern branch of the INSTC through Kazakhstan and Turkmenistan to the Iranian port of Bandar Abbas,” Russian Railways said on Monday in its Telegram channel, RT reported. How INSTC can revolutionise India's trade The development of the INSTC, which connects Russia to India through Iran's Chabahar port, means a lot for India's trade. Now that Russia faces restrictions on sea trade due to the Ukraine war, the corridor assumes even more economic and strategic importance, especially when India sees it as an alternative to China's ambitious Belt and Road Initiative.

gas crater in the Turkmenistan desert known as the "Gates of Hell" has been blazing for more than fifty years. The Darvaza gas crater is another name for it, and it was named after a nearby village. There is fire and methane gas inside the crater.

Mint on the impact of climate change in the Asia Pacific region. India accounts for most of the economic and human losses in South Asia region.

Sujeet Kalkal and Jaideep Ahlawat resisted their respective rivals well at the World Qualifiers on Sunday but could not add more quotas to India's kitty for the Paris Olympic Games, where the country will have only one male wrestler in Aman presenting his challenge. In his crucial 65kg bronze medal contest, Sujeet matched USA's Zain Allen Retherford in terms of skills but conceded a takedown on counter attack to lose 2-2 on criteria. It was Sujeet who got on board first with a tremendous counter-attack move. He was about to concede points on takedown but surprised the American with his quick counter and led the bout for considerable period. Looking for another take-down, he went after Retherford but it was now turn of the American to pull off a counter move as he got the take-down near the end of circle.

The most prevalent banking trojan was Bian.h, accounting for 22% of all Android attacks. Geographically, Afghanistan, Turkmenistan, and Tajikistan recorded the highest share of users encountering banking trojans, with Turkey leading mobile banking malware attacks."With the emergence of new and aggressive malware strains, attackers are evolving their tactics to target mobile devices more aggressively.

Aman Sehrawat missed out on securing a berth for the Paris Games after losing his semifinal at the Asian Olympic Qualifier while Deepak Punia and Sujeet Kalkal were not allowed to compete after they reported late for weigh-in, here on Friday. Competing in 57kg category, Aman began in tremendous fashion, trampling his first two rivals — Yerassyl Mukhtaruly and Sunggwon Kim — by technical superiority but was pinned by Uzbekistan's Gulomjon Abdullaev after falling behind by 10 points.

Sputnik reported on Saturday citing its correspondent who witnessed the incident. The terrorist attack at Crocus City Hall left 115 people dead last night. "The terrorists shot people point-blank and threw incendiary (fire-causing) bombs," he said.

A wage law in New York City meant to protect food delivery workers is getting backlash from app companies like Uber, GrubHub and DoorDash

Xi Jinping upgraded diplomatic ties with a record number of countries last year as he seeks to rally the Global South to help reshape the US-led world order. Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world, according to a Bloomberg analysis of statements issued by the foreign ministry. That’s a pace not seen during Xi’s first decade in office.

Iran's navy on Monday added a destroyer capable of launching cruise missiles to its Caspian Sea fleet, state media reported. The 1,400-ton Deilaman destroyer, named for a town in north of Iran, is 95 metres (312 feet) long and 11 metres (36 feet) wide and is able to launch torpedoes while travelling at 30 knots (56 kph, 35 mph), the state-owned IRNA news agency said.

Jaishankar on Wednesday embarked on a two-day visit to Kyrgystan to attend the 22nd meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of Government (CHG), to be held under the chairmanship of Kyrgyzstan, the Ministry of External Affairs said. The October 25-October 26 meeting in the Kyrgyz capital city of Bishkek will be attended by the heads of governments of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, the Vice-President of Iran, and the foreign ministers of India and Pakistan. «In Bishkek, the external affairs minister will also meet with his counterparts from other SCO member states and call on the country's top leadership,» the MEA statement read. SCO observer States including Belarus and Mongolia as well as guest state Turkmenistan will also attend the meeting. The CHG is the second-highest forum in SCO.