Day: July 2, 2026
A Caspian seabed electricity cable linking Kazakhstan, Uzbekistan, and Azerbaijan is advancing from presidential declaration to engineering study. With 5 gigawatts targeted by 2030, a Green Corridor Alliance registered in Baku, Tajikistan now seeking to join, and CESI already producing early promising findings, the project is moving faster than most cross-border energy infrastructure. Whether it can close the gap between feasibility and finance before the political window narrows is the central question.
The greatest risk to global portfolios from Japan’s currency crisis isn’t the yen, it’s the potential for disruption in the US Treasury market, warns the CEO of financial advisory giant deVere Group exclusively to AzerNEWS, as the Japanese currency sinks to its weakest level against the dollar since 1986.