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Economy
Latest news on the economy, financial reviews, and important events. This section highlights information about business, finance, and economic processes. We provide essential data for entrepreneurs, business people, and economists. All changes in various sectors of the economy are covered here. We offer up-to-date information about financial markets, investments, and entrepreneurship development. Stay tuned for daily analytical materials and expert opinions.
Reducing poverty in India: an alternative path found
Agriculture has been proven to reduce poverty. / Álvaro Bernis Economists have long believed that rapid industrialization is essential for reducing poverty. This involves the poor population finding
Baraka market chain will be transferred to Pepsi ownership
The Competition Committee has allowed the company "International Beverages Tashkent," which owns the Pepsi trademark, to purchase the Baraka market supermarket chain. This was reported by
Tesla continues to depreciate in the market
Tesla shares have dropped by 40% since the end of 2024, with a recent acceleration in the decline, Bloomberg reports. The spread of information about the company's electric vehicle sales in
Will China's Temu marketplace be blocked in Uzbekistan?
Photo: SOPA Images/LightRocket via Getty Images China's Temu marketplace may cease operations in Uzbekistan. This was announced on February 27 by Kamronbek Muhammadiyev, head of the e-commerce
The President of Uzbekistan and the Prime Minister of Pakistan participated in a joint business forum
President Shavkat Mirziyoyev and Prime Minister Shahbaz Sharif participated in the Uzbekistan-Pakistan business forum. About 300 leaders and representatives of leading companies from both countries
Nvidia announces its Q4 2024 earnings
Nvidia will announce its financial results for Q4 2024 on Wednesday. Investors are showing great interest in the revenue from the company's Blackwell chips and how Trump's tariff policy
Alibaba will invest $53 billion in artificial intelligence and cloud technologies
The Chinese technology giant Alibaba Group has announced that it will invest $53 billion in the development of artificial intelligence and cloud technologies. This funding will be allocated over the
How much does MrBeast earn per month from YouTube?
Famous YouTuber MrBeast (Jimmy Donaldson) earns 4.2 million dollars per month. This amount is solely from YouTube advertising revenue and does not include sponsorship deals and brand partnerships.
Berkshire Hathaway's insurance business reported record profits
Warren Buffett's Berkshire Hathaway has reported a record annual operating profit for the third consecutive year, according to Reuters. In 2024, operating profit increased by 27% to reach
Bitcoin has exceeded 98 thousand dollars, while XRP continues to decline
On February 21, 2025, the cryptocurrency market started a new day with both positive and negative changes. - Bitcoin (BTC) reached 98,265.79 dollars, increasing by 1.19% in 24 hours. - Ethereum
How much cashback was paid to consumers in 2024?
As of February 4, 2024, in Uzbekistan, over 1 trillion soums have been paid in cashback for 1 billion checks to consumers. This was reported by the press service of the Tax Committee. The amount of
What will be the new exchange rate of currencies from February 21?
The Central Bank has set the new exchange rates for currencies starting from February 21, 2025. According to this: The exchange rate of the US dollar has decreased to 20.11 soums, set at 12,929.92
Uzbekistan plans to attract 43 billion dollars in investments by 2025
"Uzbekistan plans to attract 43 billion US dollars in investment in 2025" is the title of an article discussing the results of investment activities in 2024 and the urgent tasks set by
The price of gold has set a new record
According to trading data published on the investing.com portal on the morning of February 20, the price of gold futures for April exceeded $2,965 per troy ounce. As of 9:57 Moscow time, the price
Which countries are investing the most in Uzbekistan?
According to preliminary data from the Statistics Agency, in 2024, the volume of investments allocated to fixed capital in the Republic of Uzbekistan amounted to 493.7 trillion soums. Of this, the
What will be the new exchange rate of currencies from February 20?
The Central Bank has set the new exchange rates for currencies starting from February 20, 2025. According to this: The exchange rate of the US dollar has decreased to 20.16 soums, set at 12,950.03
The price of gold has risen to a record level
The price of gold futures for April rose above $2,952 after falling on Friday, February 14, according to trading data. As of 14:00 Tashkent time, the price of the precious metal was $2,952.71. On
Microloans accounted for 60.8% of the credit market
Microloans have become the most popular type of credit in Uzbekistan . In 2024, 60.8% of all loans were microloans. Previously, people would turn to friends or informal lenders, but now they are
Some farmers will receive subsidies of up to 100 million soums
The Presidential Decree "On the introduction of a modern organizational system in the activities of household landowners and farms and additional measures for financial support" (PF-22,
A fund for the development of youth entrepreneurship will be established in Uzbekistan
By the decision of the President of Uzbekistan, a state-targeted fund for the development of youth entrepreneurship will be established. According to the decision signed on February 14 regarding the
