
Humo Payment System's Profit Surges 3.3 Times to 411 Billion UZS in H1 2026
Humo payment system tripled its net profit to 410.9 billion UZS in H1 2026, despite losing tax incentives, highlighting strong revenue growth and operational efficiency.

Humo payment system tripled its net profit to 410.9 billion UZS in H1 2026, despite losing tax incentives, highlighting strong revenue growth and operational efficiency.

The U.S. Senate advances the Graham Sanctions bill to impose steep tariffs on Russia and its energy partners, signaling a strategic intensification of economic pressure.

Russia’s oil and gas revenues in July may exceed last year’s by 60%, driven by higher prices and taxes despite EU sanctions aimed at restricting budget financing.

The US has lifted sanctions on Miami-based Bel-Kap-Steel linked to Belarus's metallurgy sector amidst the release of political prisoners and eased diplomatic tensions.

Russia’s oil product production index fell nearly 22% in June amid war-inflicted damage to refining capacity, signaling deep structural economic challenges.

US forces have launched nine consecutive nights of strikes against Iran, prompting Iranian retaliation and impacting shipping through the strategic Strait of Hormuz, with broader implications for global energy markets.

Ukrainian drone attacks have forced the Saratov refinery in Russia to shut down indefinitely, exacerbating fuel shortages that now affect millions amid structural refining challenges.

Uzbek aluminium producer AKFA Aluminium is exploring its first international bond issuance, signaling a strategic push towards transparency and global market engagement.

Russian air and drone strikes on Sumy and Zaporizhzhia killed six civilians and injured dozens, highlighting the deepening humanitarian and economic crisis in eastern Ukraine.

Belarus advises citizens to avoid travel to Russia’s border regions due to drone attacks amid the Ukraine conflict, highlighting growing security risks and economic disruptions.

Russia's maritime oil exports reached their highest weekly volume in 2026 amid US sanctions relief for Iran and lower global prices, highlighting complex geopolitical and economic challenges.

The EU agreed to extend sanctions on Russia for one year, reflecting political shifts and signaling deeper economic impacts amid ongoing conflict in Ukraine.

G7 leaders commit to new sanctions targeting Russia's energy sector and pledge increased military aid to Ukraine amid evolving conflict dynamics and strategic economic pressures.

Germany's labor shortage is projected to increase by 4.3 million by 2036 due to retiring baby boomers and slowing population growth, challenging economic stability and social welfare.

Reports claim the UAE agreed to unfreeze billions of dollars in Iranian oil revenues to halt attacks, amid emerging US-Iran peace talks, though UAE denies these claims.

SpaceX’s $75 billion IPO, valued at $1.77 trillion, sets a historic benchmark, reflecting transformative economic shifts in the commercial space industry and broader markets.

The UN faces bankruptcy as delayed payments from the US and China, combined with cuts from other donors, force drastic operational reductions and threaten global programs.

Paxtakor football club reported a 50 billion UZS loss in 2025 with growing tax debts, highlighting challenges in Uzbekistan's football financing amid state funding reductions.

Russia and the Taliban signed a military-technical cooperation agreement that may enable arms transfers and reshape regional security and economic dynamics.

Russia plans temporary export limits on diesel and aviation kerosene to stabilize domestic fuel markets after drone attacks reduced refinery output.

Donald Trump announces plans for Iran's enriched uranium to be destroyed either in the US or on-site under IAEA supervision amid escalating nuclear tensions.

Ukraine's drone strikes have forced Russia's Nizhny Novgorod refinery to halve its processing capacity, disrupting a significant portion of the country’s fuel production.

SpaceX has filed for a record-breaking $75 billion IPO, revealing strong revenue growth and substantial investment in next-gen aerospace technologies.

The UK has issued an indefinite license allowing imports of Russian-origin diesel and kerosene to ease fuel prices amid geopolitical energy disruptions.

The US ended its temporary easing of sanctions on Russian oil, a move that had bolstered Russia's revenues amid global energy price volatility and geopolitical tensions.

Iran mandates detailed vessel information for tanker passage through the Strait of Hormuz amid geopolitical tensions and potential transit fees, impacting global oil trade dynamics.

Iran has presented a detailed 14-point peace proposal to the US, outlining conditions for ending the Middle East conflict amid ongoing military and economic tensions.

The US delays arms shipments to Europe to replenish stocks amid Iran conflict, impacting NATO allies and signaling shifts in defense priorities and economic supply chains.

Uzbekistan halted gold exports in early 2026, triggering a 29% export drop amid rising imports and shifting trade partnerships, underscoring structural economic challenges.

Uzbek payment companies Click, Payme, and Paynet reveal distinct profit growth patterns in early 2026, with Paynet's massive dividend-fueled surge reshaping market dynamics.

Ryanair plans to close its Berlin base and halve flights by 2026, citing Germany's rising aviation taxes and fees that threaten the viability of budget airlines.

The US will not extend sanctions exemptions allowing purchases of Russian and Iranian oil products at sea, tightening energy restrictions amid geopolitical tensions and economic consequences.

Iran condemns U.S. seizure of its cargo ship in the Gulf of Oman as piracy and ceasefire violation, amid rising regional tensions and stalled negotiations.

The US has extended its temporary waiver on sanctions against Russian oil exports until May 16, 2024, amid rising energy prices and complex geopolitical factors affecting global markets.

Germany's Bundeswehr Military Museum in Koblenz restricts entry for Uzbek citizens and other Central Asian nationals under new security laws, impacting cultural and economic exchanges.

Uzbekistan’s leading banks report strong Q1 2026 profits driven by asset growth, income diversification, and rising operational costs, signaling structural shifts in the banking sector.

BBC plans to cut 10% of its staff over two years amid declining license fee revenues and rising competition from global streaming services.

The EU's new biometric Entry/Exit System has caused multi-hour queues at airports, threatening economic disruption to travel and tourism during peak season.

The Trump administration wants GM, Ford and other manufacturers to help produce weapons, echoing WWII-era industrial mobilization.