Partly thanks to infrastructure projects blown up by the militants while they were trying to turf out the US, Afghanistan dependent on neighbours for 73% of electricity.
As heavily armed Baku turns screw on Yerevan in ongoing confrontation, Tehran’s position is described as “music to Armenia’s ears”.
Ukrainian diplomat summoned. Moscow warns “such destructive actions could have unpredictable consequences for peace and stability in the Middle East”.
Some reports say Israel behind mission. Kyiv has previously warned Tehran there could be payback for its provision of kamikaze drones to Russia.
Video shows attacker breaking into guard post armed with Kalashnikov assault rifle. Baku not happy with Tehran's explanation of events.
Tales of families sleeping in cars that are warmer than homes as cold front brings sub-zero temperatures not experienced in half a century.
Cornelius Adebahr point to signs of power struggle within Tehran’s elite. Several insiders have in recent weeks argued in favour of more substantial reforms to address protesters’ grievances.
Turkmen President Serdar Berdimuhamedov’s visit to Beijing may not have secured more gas sales, but it did serve to reaffirm ties with the country’s only stable major partner.
Analyst has warned “ambitious barter” in return for Iranian drones and probably missiles “manifests a grim calculus for the West”. It is facing a “more aggressive and hostile axis than ever”.
New central bank chief and economy minister are apparently grappling with a sinister “man in Istanbul” who’s pulling levers on Iran’s FX market.
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
World coal consumption reached a new high in 2022 before levelling out in 2023 and 2024, with rising usage in emerging Asian countries cancelling out falling demand in advanced economies.
Mutual FDI stock in the Commonwealth of Independent States (CIS) countries grew fast until Russia went into recession in 2012, when its GDP growth sank to zero. However, it soon started to recover, with Russia playing the leading role in the region.
Head of national climate and drought crisis management centre hits out at “gross mistake” of officials announcing new home building plans in a city running out of water.
Move appears to be response to arrest by Iranian regime of seven people with links to UK amid anti-government protests.
VTB has announced it will launch cross-border bank transfers in Iranian rials, in direct contravention of US sanctions, Kommersant newspaper reported.
President Berdimuhamedov may have put Turkish counterpart Erdogan’s nose out of joint by shelving pipeline interconnector proposal.
The world is set to see global GDP plummet by a catastrophic 15% by 2050 if current emissions trends are not reined in and global warming reaches 2.2°C by 2050.
The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.
Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,