Baku: An additional 534 million manats have been allocated annually for increase, which applies to 1.1 million pensioners, Ministry of Labor and Social Protection of the Population of Azerbaijan told APA. According to Azeri-Press News Agency, President Ilham Aliyev’s new Decree “On Indexation of Labor Pensions” allows for further increases in pensions as part of … Read more
Tbilisi: In Georgia, regulations requiring the mandatory participation of non-governmental organizations in the process of public decision-making will be completely removed from all laws and regulations, the executive secretary of Georgia’s ruling Georgian Dream party, Mamuka Mdinaradze, stated. According to Azeri-Press News Agency, Mdinaradze also announced that civil servants will be prohibited from receiving any … Read more
Mogadishu: A delegation led by Azerbaijan’s Deputy Foreign Minister Yalchin Rafiyev has visited the Federal Republic of Somalia to explore opportunities for enhancing bilateral cooperation in political, economic, humanitarian, and other areas, as well as strengthening high-level relations within international organizations. According to Azeri-Press News Agency, during the visit, the Azerbaijani delegation met with Somalia’s … Read more
Ashgabat: Azerbaijani Ambassador to Turkmenistan Gismat Gozalov delivered a briefing on the main outcomes of the UN Climate Change Conference (COP29) held in Baku in November 2024 at the Eighth Coordination Meeting of the Development Partners Climate Group, APA reports. According to Azeri-Press News Agency, the event was co-organized by the Embassy of the United … Read more
Baku: Azeri Light (CIF) Azerbaijani oil has risen in price on world markets, APA-Economics reports. The price of Azerbaijani oil per barrel increased by 0.27 US dollars or 0.35% to 78.42 US dollars. According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 78.15 US dollars.
New York: Natural gas futures prices fell on the New York NYMEX, APA-Economics reports. The price of natural gas futures for March delivery decreased by 0.62% to $3,203 per million BTU (British thermal unit). According to Azeri-Press News Agency, this decline in natural gas prices reflects fluctuations in the energy market, impacting the cost of … Read more
London: During trading operations on the ICE London Intercontinental Exchange, the price of the April 2025 Brent oil export contract decreased by 0.51% to 75.81 US dollars per barrel, APA-Economics reports. According to Azeri-Press News Agency, the price of a barrel of WTI oil for export in March this year on the NYMEX commodity exchange … Read more
Baku: The suffering of the people of Jammu and Kashmir, illegally occupied by India, is similar to what the Azerbaijani people experienced during Armenia’s occupation of Karabakh, Pakistan’s Ambassador to Azerbaijan, Qasim Mohiuddin, said during an event at the embassy dedicated to “Kashmir Solidarity Day”. According to Azeri-Press News Agency, the ambassador stated that India’s … Read more
Baku: The Central Bank (CBA) of the Republic of Azerbaijan has become an observer member of the Global Financial Innovation Network (GFINN) to develop digital financial solutions and promote innovation. According to Azeri-Press News Agency, this membership will allow the Central Bank to engage in the Network’s initiatives and collaborate with leading global regulators and … Read more
