The Central Bank of Uzbekistan reported that the annual inflation rate in the country reached 6.4 percent in June 2026, an increase compared to the previous month.
According to the regulator's data, food inflation was 5.9 percent, while the services sector saw a rate of 7.1 percent. Both segments continue to show an upward trend.
The most noticeable acceleration in inflation in June was linked to price increases for regulated goods and services. Following rises in electricity, pipeline gas, and coal prices, inflation in this segment reached 12.3 percent.
Concurrently, there was a steady trend of falling prices for fruits and vegetables, where inflation reached -0.3 percent by the end of the month. Core inflation, excluding the influence of certain factors, remained stable at 5.7 percent.
The Central Bank noted a significant rise in overall inflation when calculated on an annual basis, taking into account seasonal adjustments. Meanwhile, core inflation, excluding seasonal factors, showed a slight decrease.
The Motorola Edge 60 Neo with 256 GB capacity is being sold on Mercado Livre for only R$ 1,799 using Pix payment. This mid-range device, equipped with a 50 MP Sony LYTIA sensor and a 5,000 mAh battery, offers a substantial discount of 49% compared to its original price of R$ 3,499.
The Motorola Edge 60 Neo features a camera system led by the 50 MP Sony LYTIA 700C sensor, which incorporates OIS to mitigate photographic tremors. In addition to the main lens, it has a 13 MP ultrawide lens and a 10 MP telephoto lens, offering 3x optical zoom to capture distant details. The 32 MP front camera ensures good selfies, and all camera modules record in 4K resolution.
A strong point of the device is its 5,000 mAh battery, which, according to Motorola, can provide up to 44 hours of moderate use. Support for 15W wireless charging and 68W USB-C charging allows the user to fully recharge the device in just seven minutes, making it suitable for those with busy routines.
The device's screen is a 6.36-inch POLED panel, operating with a 120 Hz refresh rate and reaching a maximum brightness of 2,600 nits, providing excellent color reproduction and high visual fluidity, in addition to impact protection thanks to Gorilla Glass 7i.
In terms of processing, the Edge 60 Neo uses the MediaTek Dimensity 7400 chip and supports up to 24 GB of RAM through the RAM Boost feature. This configuration gives the phone the capacity to run applications simultaneously and utilize artificial intelligence features, justifying its position among the best mid-range devices under R$ 2 thousand. The 256 GB internal storage ensures enough space for photos and videos.
The gadget has military resistance certifications MIL-STD-810H and also IP68/IP69 ratings, giving it high durability in extreme conditions, such as exposure to dust, high temperatures, or accidental submersion. The Motorola Edge Neo 256 GB, sold for R$ 1,799 via Pix, will receive software updates up to Android 20 and is compatible with modern technologies such as 5G, Wi-Fi 6E, Bluetooth 5.4, and NFC.
Global financial markets are experiencing significant turbulence related to recent advancements in artificial intelligence in China. In response to China's growing presence in AI, the Nasdaq index sharply dropped by 2%, triggering a chain reaction of declines in Asian technology stocks.
The sudden shift, driven by the combination of a breakthrough commercial software release and active state support, caught Wall Street off guard. This rapid change forces a large-scale reassessment of who will ultimately control the future of global artificial intelligence.
Major global markets are seeing substantial declines today due to the Chinese startup Moonshot AI. The company released its highly anticipated large language model, Kimi K3, to the public, directly challenging the capabilities and performance of leading American AI models. Moonshot claims that Kimi K3 is an extremely efficient model capable of easily handling massive and complex computational tasks. Analysts are already comparing Kimi K3 to DeepSeek, which previously impacted stock markets.
The emergence of a viable and affordable Chinese alternative threatens the high valuations of dominant American technology companies. If Western firms lose their absolute technological advantage, their significant stock market premiums could quickly vanish.
On the political front, Chinese President Xi Jinping officially launched a new global AI alliance this week. The goal of this alliance is to unite international technology players within a defined structure. China aims for this alliance to be independent of Western regulatory control. For global investors, the signal is clear: China wants a stake in the technological space and to build it outside of United States control. The new alliance will also become a major competitor to US hegemony in AI, creating a structured network that could potentially exclude American companies from vital and rapidly growing emerging markets over the next decade.
The consequences of these events were immediate. Nasdaq fell sharply, fueled by steep drops in key semiconductor and software stocks. Among the largest participants in the Nasdaq 100 decline were Google, NVIDIA, AMD, Meta, Netflix, and Microsoft. The fall quickly spread from Nasdaq eastward: technology-focused indices in Tokyo (Nikkei), Taipei, and Seoul also recorded deep losses as traders sought to protect their capital. Specifically, the Nikkei showed a decline of more than 4%.
Investors fear a technological cold war is unfolding, which could lead to stricter trade sanctions. Chip manufacturers are particularly vulnerable right now, as new political tensions could easily disrupt critical equipment supply chains. The current sell-off indicates a much deeper concern about the long-term future of AI. For many years, Western tech companies enjoyed an unimpeded monopoly on developing high-end AI and global infrastructure. That sense of confidence and security has now been completely lost. In the future, investors will have to learn to account for a globally divided world by political barriers and monitor changes in other countries' policies alongside corporate earnings during this uncertain period.
A delegation of 165 entrepreneurs from Iraqi Kurdistan arrived in Uzbekistan for a two-day business visit. This visit was organized at the initiative of the Chamber of Commerce and Industry of Uzbekistan and the Embassy of Uzbekistan in Kuwait.
The visit program includes holding a business forum, as well as meetings and inspections of industrial facilities. According to information from the Chamber of Commerce and Industry, the trip followed agreements reached during the working visit of the Chairman of the Chamber, Davron Vakhabov, to Iraq in December 2025.
The delegation included leaders of the Federation of Chambers of Commerce and Industry of Iraqi Kurdistan, heads of trade and industry chambers from Erbil, Sulaymaniyah, Duhok, Halabja, and Kirkuk, as well as representatives of the local business community.
The visit, taking place on July 17–18, provides for the participation of participants in the Forum of Chambers of Commerce and Industry of Uzbekistan and Iraqi Kurdistan in Tashkent. Additionally, an inspection of industrial enterprises and viewing of exhibitions showcasing products from electrical engineering, food industry, and textile sectors are planned.
One of the key events was the visit to the confectionery producer CRAFERS. The delegation was also presented with a food industry exhibition featuring over 25 Uzbek producers. Guests familiarized themselves with production capacities, studied manufacturing technologies and product assortments, expressing interest in supplying Uzbek goods to the Iraqi Kurdistan market and expanding trade and economic cooperation.
Entrepreneurs visited the IMZO production complex, which specializes in manufacturing aluminum and glass window systems, as well as facade structures. The delegation gained insight into the company's production capabilities, its export potential, and manufacturing technologies. The enterprise employs about 2500 people, and its production complex covers an area of 16 hectares.
IMZO also hosted an exhibition with the participation of 35 domestic companies. Representatives of the Iraqi Kurdistan business community assessed the opportunities in Uzbekistan's construction industry and discussed prospects for industrial interaction and increasing bilateral trade.
The Chamber of Commerce and Industry expressed hope that this trip will help establish new direct contacts between enterprises, promote joint projects, and give an additional impetus to trade and economic cooperation between the two sides.
