EBRD’s Total Investments in Azerbaijan Exceed 4 Billion Euros

Baku: The volume of the European Bank for Reconstruction and Development (EBRD) asset portfolio in Azerbaijan increased by 2.1% or 22 million euros compared to the previous month and amounted to 1 billion 52 million euros. The number of implemented active projects increased from 32 to 33, EBRD told APA. According to Azeri-Press News Agency, … Read more

Oil Prices Rose Slightly on World Markets

London: Oil prices saw a minor increase on global markets as trading took place on prominent exchanges. During trading on the ICE London Intercontinental Exchange, the price for the April 2025 Brent crude oil contract for export experienced a modest rise of 0.08%, reaching USD 74.74 per barrel. According to Azeri-Press News Agency, the price … Read more

Chain Reaction Car Accident Claims Father and His Daughter’s Lives in Baku

Baku: A serious road accident took place in the Sabunchu district of Baku, APA reports. It was reported that a Mercedes-Benz branded car collided with Renault and Changan vehicles. According to Azeri-Press News Agency, the Management Union of Medical Territorial Units (TABIB) stated that an emergency medical team was dispatched to the scene. The emergency … Read more

Natural Gas Prices Drop at NYMEX

New York: The price of natural gas futures quotes on the New York NYMEX Commodity Exchange has decreased, APA-Economics reports. The price of natural gas futures for March delivery fell by 2.44%, reaching 3.634 US dollars per 1 million BTU (British thermal unit). According to Azeri-Press News Agency, this downturn in natural gas prices reflects … Read more

Gold Increased in Price, Silver Decreased in Commodity Markets

New York: The price of April futures per one troy ounce of gold on the COMEX commodity exchange of New York increased by 0.38% and amounted to USD 2,911.7. According to Azeri-Press News Agency, the price of March silver futures on COMEX also decreased by 0.15%, amounting to $32.81 per ounce.

Conclave Wins BAFTA for Best Film

London: German director Edward Berger’s “Conclave” has won the British Academy Film Awards (BAFTA) in the Best Film category, according to the broadcast of the 78th BAFTA ceremony, APA reports citing TASS. The film achieved significant success by secu…

Bitcoin and Ethereum Prices Fall as Cryptocurrency Market Sees Downturn

Baku: On February 17, Bitcoin experienced a depreciation on cryptocurrency exchanges, as reported by APA-Economics. The prominent cryptocurrency was traded at $96,153 on the “CoinMarketCap” platform at 09:14 Baku time, reflecting a 1.38% decrease. According to Azeri-Press News Agency, the decline was not limited to Bitcoin. Ethereum also saw its value decrease by 1.39%, bringing … Read more

Baltic States’ Exit from Russian Energy Dependence Marks New Era of Energy Autonomy

Riga: The Baltic States (Lithuania, Latvia, and Estonia) have officially disconnected from the Russia-led BRELL (Belarus, Russia, Estonia, Latvia, Lithuania) power grid and successfully integrated into the European network. This significant shift marks the end of their reliance on Russian energy as they join the Continental European synchronous zone through the Lithuania-Poland power transmission line, … Read more