Baku: Brent crude oil price is forecast to average $74 per barrel in 2025 and $71 per barrel in 2026, APA-Economics reports citing the report of Asian Development Bank (ADB). Oil prices are expected to decline on weakening global demand and ample supp…
Baku: President of Azerbaijan Ilham Aliyev has labeled USAID as a “completely corrupt structure” during his address at an international forum titled ‘Facing the New World Order’ held at ADA University. The statement was made on a platform attended by …
Baku: President of Azerbaijan Ilham Aliyev has emphasized that the responsibility for advancing a potential peace agreement between Azerbaijan and Armenia lies with Armenia. Addressing an international forum titled ‘Facing the New World Order’ at ADA …
Baku: ‘We now actively work with Chinese companies. We invited them to be our strategic partners in different areas, including in the area of green energy. I would name that their companies have been selected as our partners in the manufacturing of gr…
Baku: The Asian Development Bank (ADB) has announced its expectations regarding the Azerbaijani state budget, APA-Economics reports. ADB forecasts that the government budget deficit will rise to 2.4% of GDP in 2025 before narrowing to 2.0% in 2026.
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Baku: Azerbaijan’s President Ilham Aliyev has announced that the nation has almost entirely reduced its reliance on international financial institutions. This declaration was made during his address at the international forum ‘Facing the New World Ord…
Baku: President of Azerbaijan Ilham Aliyev stated that Armenia has deprived itself of becoming a transit country for Azerbaijan’s energy resources and transportation routes. This statement was made during his address at an international forum themed ‘…
Baku: Anar Nazim Eminov has been appointed rector of Mingachevir State University, APA reports. President Ilham Aliyev signed a decree in this regard.
According to Azeri-Press News Agency, the appointment was made official with the signing of the de…
Baku: Azerbaijani President Ilham Aliyev has expressed concerns over the impact of the Armenian occupation on the development of the South Caucasus region. Addressing an international forum titled ‘Facing the New World Order’, President Aliyev highlig…