Urgent.News

What's breaking now, across thousands of outlets.

Business

Faced with the Strait of Hormuz blockade, Iran is counting on the Caspian Sea

This closed sea, which has become a thriving commercial crossroads, particularly thanks to the new so-called "Middle Corridor" route that connects Asia to Europe without going through Russia, is now a strategic stake for all the countries surrounding it.

Translated from French Read in French

Faced with the Strait of Hormuz blockade, Iran is counting on the Caspian Sea

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

More in Business

First Gen: No plan to sell EDC

Lopez-led First Gen Corp. is holding on to Energy Development Corp. (EDC), the country’s largest geothermal company, despite a $5-billion (about P315 billion) offer from Indonesia’s Barito Group.

Asean shoots for quality investments

The Association of Southeast Asian Nations (ASEAN) is targeting to attract higher quality investments to promote job creation, after the region received its highest level of foreign direct investments…

More from Sunday 20 September →