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

Azerbaijan’s Population Reaches 10.22 Million

Baku: In 2024, the population of Azerbaijan increased by 44,119 people, or 0.4%, reaching 10,224,889 as of January 1, 2025. According to Azeri-Press News Agency, the State Statistical Committee noted that 54.4% of the population resides in urban areas, while 45.6% live in rural areas. Additionally, 49.8% of the population are men, and 50.2% are … 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

Azerbaijan Reports Over USD 60 Million in Fruit and Vegetable Exports for January 2025

Baku: Azerbaijan achieved significant revenue from fruit and vegetable exports in January 2025, with earnings surpassing USD 60 million. In total, the country exported 58,072.5 tons of fruits and vegetables, generating USD 60 million 487.7 thousand, as reported by APA-Economics. According to Azeri-Press News Agency, there was a notable increase compared to January 2024. The … 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.

Azerbaijani Prime Minister Visits Iran for Caspian Economic Forum

Tehran: Azerbaijani Prime Minister Ali Asadov embarked on a working visit to the Islamic Republic of Iran. Upon his arrival at Tehran’s Mehrabad Airport, he was received by Iran’s Minister of Roads and Urban Development, Farzaneh Sadegh, alongside other officials, marking the beginning of his diplomatic engagement in the country. According to Azeri-Press News Agency, … Read more

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

Population Income in Azerbaijan Surged by Over 6%

Baku: Last month, the nominal incomes of the population of Azerbaijan increased by 6.2% compared to January of the previous year, reaching AZN 5,967.8 million, or an average of AZN 583.6 per person, the State Statistical Committee told APA-Economics. According to Azeri-Press News Agency, in January, the disposable income of the population amounted to AZN … 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