| Economy

Bitcoin is taking off: overcame the $56 thousand mark for the first time since December 2021

Economy

Bitcoin's value reached $56.467k in trading on Coindesk today, rising above $56k for the first time since December 2021. This growth, which amounted to 9.68%, confirms the steady dynamics of the cryptocurrency in the current financial season.

The trade volume between Iran and India is nearly $2 billion

Economy

A report by India's Ministry of Commerce and Industry said that the total trade volume between Iran and India stood at $1.836 billion in 2023.

Austria seeking to end Russian gas import contract

Economy

Energy Minister Leonore Gewessler said that the Austrian government needs to develop a plan to withdraw from Russian gas supply agreements concluded by Austrian energy concern OMV.

China's deflation has reached a 15-year high

Economy

China's consumer price index (CPI) fell 0.8 per cent year-on-year in January 2023, the biggest decline since 2009.

The EU intends to replace 80% of coal power with nuclear power plants and wind generation

Economy

The European Commission has recommended that the EU reduce greenhouse gas emissions by 90 per cent by 2040. This is expected to be done, including through the widespread introduction of renewable energy technologies (RES) and nuclear power.

Poverty line updated in Uzbekistan

Economy

In Uzbekistan, the minimum amount of consumer spending has been increased from 568 thousand soums to 621 thousand soums.

US has announced total government budget for 2024

Economy

The total budget of the US government for 2024 is agreed in the amount of $ 1.6 trillion, including $ 886 billion for defence. This was announced by the Speaker of the House of Representatives Mike Johnson.

The tax rate will be reduced for farmers who install water meters in the field

Economy

From 2025, the tax rate will be reduced for farmers who install water meters in the field and use water-saving technologies.

Low prices are set in the Uzbekistan-Turkmenistan-Iran-Turkey transport corridor

Economy

The development of this multimodal transport route will contribute to strengthening economic ties and expanding trade potential between Uzbekistan, Turkmenistan, Iran and Turkey. It will also improve the availability and efficiency of transport in the region and contribute to the development of economy and strengthening of cooperation between the countries.

Ukraine terminates free trade agreement with Belarus

Economy

The Cabinet of Ministers of Ukraine has cancelled a free trade agreement with Belarus.

Increase in property tax payments

Economy

The new procedure will be effective from 1 January 2024.

Shavkat Mirziyoyev received several heads of foreign companies in Dubai

Economy

The meetings were focused on the implementation of promising projects in various spheres in Uzbekistan.

Exchange prices for gas in Europe fell by five per cent

Economy

The price of gas on the exchange in Europe fell by five per cent by the end of trading on 27 November.

Kazakhstan launches digital tenge

Economy

According to the chairman of the National Payment Corporation of Kazakhstan Binur Zhalenov, the country has created a technology that combines existing payment cards with a digital tenge platform.

Shavkat Mirziyoyev meets with the President of Tajikistan

Economy

President of the Republic of Uzbekistan Shavkat Mirziyoyev held talks with President of Tajikistan Emomali Rakhmon at the ECO Summit on 9 November. This was reported by the press service of the President of Uzbekistan.