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Energy transport corridors to Europe boosted by AI and new digital systems
AI and new digital technologies are key to the urgently needed alternative energy trade routes through the Southern Gas Corridor and the Middle Corridor systems connecting the Caspian and Europe. The Southern Gas Corridor and the rapidly developing Middle Corridor trade routes connecting Asia to Europe through the Caspian region are emerging as strategic energy transport bridges amid global disruptions, but these energy transit systems and their security require urgent investments in...
US eyes stake in Azerbaijan's pipelines as economic ties enter new phase after Trump-brokered deal
Washington wants in on Azerbaijan's pipelines and energy infrastructure, a senior US official said in Baku, as the two countries deepen economic ties following Trump's White House peace deal with Armenia. The United States wants a direct stake in Azerbaijan's pipeline and energy infrastructure, a senior US official said on Thursday, signalling Washington's ambitions to deepen its foothold in a region long dominated by Russia and China. Speaking at the first Azerbaijan–US Economic Dialogue in...
Global airlines slash 2026 profit forecast on fuel shock from Iran war
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Global airlines slash 2026 profit forecast on fuel shock from Iran war
Global airlines slash 2026 profit forecast on fuel shock from Iran war Airlines are also expected to cut unprofitable routes to protect margins, while fares, which have surged since the start of the Iran war, are unlikely to fall soon, Walsh said. The global airline industry nearly halved its 2026 profit forecast on Sunday (Jun 7), citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins. The...
‘A bridge, not an obstacle’: is Armenia a new crossroads between east and west?
Armenia is increasingly being viewed as a potential strategic crossroads between East and West in Eurasia. This positioning is complicated by the country's involvement in a five-way geopolitical tug-of-war involving Russia, the US, Turkey, Europe, and Azerbaijan. The possibility of resolving its conflict with Azerbaijan could allow Armenia to become part of a vital trade corridor linking China and Europe.
‘A bridge, not an obstacle’: is Armenia a new crossroads between east and west?
Armenia is increasingly being viewed as a potential strategic crossroads between East and West, despite its complex geopolitical position. As the nation approaches national elections, it is caught in a tug-of-war involving major powers including Russia, the US, Turkey, Europe, and Azerbaijan. This potential shift is partly driven by the possibility of resolving its conflict with Azerbaijan, which could allow Armenia to become part of a vital trade corridor.
Folding Beijing
At ten of five in the morning, Lao Dao crossed the busy pedestrian lane on his way to find Peng Li. After the end of his shift at the waste processing station, Lao Dao had gone home, first to shower and then to change. He was wearing a white shirt and a pair of brown pants—the only decent clothes he owned.
Keeping India's growth story intact: 5 lessons from Middle East conflict that should not be ignored
Led by a growing domestic demand and a favourable demographic dividend, the Indian economy and its growth story have been called fundamentally strong by economists. But short-term global economic shocks, like the ongoing Middle East conflict, have the potential to temporarily slow the growth story - a fact that cannot be ignored if India hopes to be among the top three world economies in the coming years. In its latest Economy Watch report, EY has pointed out the need for India to ‘recast...
Green growth claims are overstated—our study shows three reasons why
Green growth claims are overstated—our study shows three reasons why Lisa Lock Scientific Editor Andrew Zinin Lead Editor A holy grail of environmental policy is an economy that delivers prosperity without requiring the ever-increasing consumption of raw materials. Increasing incomes while reducing environmental pressures hinges on the "decoupling" of energy emissions from economic growth. Some countries in the global economy are moving in the right direction.
Strait of Hormuz oil crisis: An opportunity for Syria?
In the show this week, we look at how Syria could benefit from the oil crisis triggered by tensions in the Strait of Hormuz. After Iran effectively closed the strategic waterway, Syria's Mediterranean port of Baniyas found itself emerging as a hub for crude oil transported overland from the UAE and Iraq. Could Syria – a country in desperate need of investment after 14 years of civil war – establish itself as a new energy corridor, even after the Gulf conflict is over?