-
Kenya's economy faces climate change risks: World Bank
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Stocks diverge on earnings, as oil steadies
-
AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
-
Eurozone economy grows despite Middle East war
-
May, June heatwaves caused 2,877 extra deaths in England: govt
-
Singapore group will develop 'most promising' Ebola vaccine
-
BMW profit down a third as carmaker plans job cuts
-
Shell profit surges as Mideast war fuels oil prices
-
Seoul extends losses as most Asian markets drop, oil rises again
-
Car maker Stellantis says back in profit in second quarter
-
Gambling.com Group Is Now Grandstand
-
Samsung quarterly operating profit up 1,800% on AI boom
-
Meet the astronomer digging into the Milky Way's 'fossils'
-
South Korean stocks bounce after rout, oil holds gains on Mideast woes
-
AI data centre supplier Zhongji InnoLight falls on Hong Kong debut
-
South Korea's women web sleuths fight AI deepfake porn
Kyrgyzstan backs new flag, says 'smiling' sun to aid growth
Lawmakers in tightly-controlled Kyrgyzstan on Wednesday backed a proposal to modify the country's flag so that it will feature sun rays, arguing the move would boost the economy.
The poor, landlocked republic of 6.7 million people in Central Asia has been dogged by political volatility for much of the three decades since it became independent from the Soviet Union in 1991.
Kyrgyzstan's flag, adopted in 1992 after the Soviet collapse, currently features a yellow orb -- representing a traditional nomadic yurt -- against a red background, surrounded by lines emanating from the centre.
In November, parliament speaker Nurlanbek Shakiev put forward a bill to change the emblem in order to make those lines "clearly reminiscent of sun rays".
Supporters of the change, including President Sadyr Japarov, argued that the current design too closely resembled a sunflower, and that this had kept Kyrgyzstan from fulfilling its potential as a "developed and independent" state.
"There was a public opinion that our flag resembled a sunflower, and in this context the country could not get up from its knees," Japarov said in October.
"There were even cases of foreigners coming to visit us, saying that probably sunflowers grew in large quantities in our republic," he added.
"From now on it will be as if the sun is shining and smiling at us," he said in October, speaking in favour of the changes.
Fifty-nine lawmakers in parliament on Wednesday approved the alterations with only five voting against.
Japarov has been in power since 2021, when he was sprung free from prison by supporters and quickly moved to consolidate power.
Dozens of people opposed the change to the flag and demonstrated against the move in the capital Bishkek earlier this month.
Kyrgyzstan has vast natural resources but, like several Central Asian nations, many of its citizens depend on remittances from migrants working abroad.
The World Bank says Kyrgyzstan needs to implement reforms on "private sector development and job creation, spur international trade, and encourage fiscally sustainable energy production" to achieve strong economic growth.
Y.Uduike--CPN