BEIJING, Sept 17 (Reuters) – China is establishing a vast airspace security zone roughly the size of Italy around Beijing, barring all but commercial, approved business and emergency flights, months after a small aircraft crashed into the capital’s tallest building. A permanent 600-kilometre-wide circle of “Special Restricted Area” centred around Beijing will take effect from…
China has announced a new shipping route through the Arctic Ocean, which could ease the way for global trade amid the Middle East crisis that has paralysed critical waterways, including the Bab al-Mandeb Strait on the edge of the Red Sea. Shipping companies have become increasingly interested in alternative trade routes through the Arctic in…
Azerbaijan’s state energy company SOCAR is stepping into Italy’s fuel price crisis, introducing measures to limit petrol and diesel prices across its Italian network. The move comes only months after SOCAR acquired Italiana Petroli and marks a new stage in Azerbaijan’s growing economic and energy presence in Europe. Starting 28 September, Italiana Petroli (IP), which…
