Uzbekistan is expanding knitted fabric production as its textile industry moves toward higher-value products and deeper domestic processing. Large textile enterprises produced 70,100 tons of knitted fabric in 2025, up 32.5% from the previous year. The strategy focuses on processing more cotton into yarn, fabric, knitted products, and finished garments instead of relying mainly on…
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Specialists are studying the causes of an oil-containing fluid seepage at the M-25 (25 Years of Independence) gas field in Baysun district of Surkhandarya region. Photos and videos of the incident appeared on social media in early January. Gazeta learned that the first release of a black fluid — a mixture of oil, gas and water — was recorded on 22 December. This occurred at the site of a gryphon, a fluid discharge point formed…
US President Donald Trump will test his deal-making capabilities on a trip next week to Asia, a region battered by his hardball trade policies, while doubts hang over his highly anticipated meeting with China’s Xi Jinping. Trump, who leaves Washington on Friday night, is set for a five-day trip spanning Malaysia, Japan and South Korea,…
Gold prices hit a record high above $3,500 on Tuesday, as investors sought out safe havens in the face of global economic uncertainty. The precious metal reached $3,501.59 an ounce during early trading in Asia, soaring past its previous record of $3,500.10 in April. The run in gold prices comes as investors weigh up a…
Holiday spending by US consumers is set for its steepest drop since the pandemic as shoppers — particularly Gen Z — pull back amid economic uncertainty, a PricewaterhouseCoopers survey showed. PwC, which polled about 4,000 US consumers between June and July, said shoppers on average plan to spend about $1,552 per person, down 5.3 percent…