Russia said it will close Goethe Institute branches after Germany tightened sanctions, deepening the institutional split between Moscow and Europe.
US Treasury Secretary Scott Bessent reportedly told Russia that sanctions pressure will not ease before the war in Ukraine ends.
The Russian-linked hacker group Cl0p claims to have stolen data from nearly 50 multinational firms, raising concerns about global cyber risks and economic security.
Russian banks lose international security certificates causing websites to be flagged as unsafe in global browsers, highlighting digital decoupling amid sanctions.
Reports claim the UAE agreed to unfreeze billions in Iranian oil revenues to halt attacks, amid advancing Iran-US peace talks; official UAE denial follows.
The EU plans legislation to restrict US tech giants like Microsoft and Google from government cloud service contracts, aiming to enhance technological sovereignty and reduce data dependency.
Uzbek banks recorded a 30.88% deposit increase in Q1 2026, driven by rising trust and liquidity; Octobank led with a 416% surge in corporate deposits.
Uzbekistan's banking sector expanded its credit portfolio significantly in Q1 2026, but rising non-performing loans, especially in state banks, highlight emerging financial risks.
Uzbekistan enforces new banking rules requiring minimum balances on cards during automatic debt repayments to prevent full fund depletion and protect consumers.
Uzbekistan fast-tracks Asakabank privatization with targeted asset transfers, capital injections, and strategic partnerships, signaling a pivotal reform in the state banking sector.
Leading Uzbek banks reported strong Q1 2026 earnings with rising profits, expanded assets, and diversified income amid increased competition and growing credit risks.