Three decades post the Soviet Union’s dissolution, Central Asia and the South Caucasus are on a transformative economic trajectory. Historically tied to Russian production, they’ve since sought independence, significantly aided by Gulf investments. Kazakhstan, Turkmenistan, and Azerbaijan capitalized on their rich oil and gas reserves while also facing challenges due to their landlocked nature and […]
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Boeing’s Stock Plummets Amid Airline Turbulence
In a new development, Boeing, the aerospace giant, experienced a notable $12.1 billion loss in market value in a single day. The company’s market valuation plummeted from $150.6 billion to $138.5 billion by the close of trading on Monday, January 8, 2024. This sharp decline was a direct response to the U.S. aviation agency’s suspension […]